Which of the Following Is the Best Solution for a U.S

question 56

Multiple Choice

Which of the following is the best solution for a U.S. company that is attempting to enter a foreign market but is having difficulty due to a language barrier and lack of knowledge?

• A) The company should open a local business office to become familiar with the area.
• B) The company should continue to conduct business the way it would in the U.S.
• C) The company should hire an agent familiar with the local laws, customs, and practices to help it function smoothly.
• D) The company should focus all of its advertising in the desired market.
• E) The company should not do business in a foreign market if there is a language barrier.

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Definitions:

Career Experiences

The series of jobs and positions a person holds over their working life, including the skills, knowledge, and experiences gained.

Mumford's Skills Model

A framework that suggests leadership effectiveness is a result of the combination of a leader's competencies, individual attributes, leadership outcomes, and career experiences.

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual, which influences their interactions and decisions.

Knowledge

Information, understanding, or skill that one gets from experience or education.