A Disadvantage of a Multinational Model Is That It

question 35

Multiple Choice

A disadvantage of a multinational model is that it

• A)cannot easily transfer core skills among international operations.
• B)does not give any freedom to its subsidiaries to respond to local conditions.
• C)standardizes its goods and services, ignoring customers' preferences.
• D)cannot easily launch a coordinated global attack against competitors.
• E)centralizes functions of research and development to the parent company.

Differentiate between enacted and crescive norms within cultural contexts.

Identify and explain the three components of a cultural system: social structure, ecology, and ideology.

Recognize the influence of culture on product design and marketing strategies.

Define and describe myths, monomyths, and their functions within cultures.

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Definitions:

Balance Sheet

A summary report detailing a firm's assets, liabilities, and equity of shareholders at a certain time.

Sales Manager

An individual who directs an organization's sales team, oversees its operations, and strives to achieve sales targets through planning and implementing sales strategies.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis, made by an employer to an employee, especially a professional or white-collar worker.

Warranty Liability

An obligation recognized by a company to repair, replace, or compensate for defective goods sold to customers.