Chris Is the Global Operations Manager at Asterisk Inc

question 44

Multiple Choice

Chris is the global operations manager at Asterisk Inc., a Canadian apparel company. The company is planning to start operations in Brazil and Japan. Chris believes that Asterisk has the potential to boost its overall sales by setting up operations in Brazil and Japan if:

• A) it understands that customers in both these countries have similar preferences.
• B) it follows the same business strategy for its global operations that it uses for its domestic operations.
• C) it can use a universal marketing strategy for its products to appeal to customers of both these countries.
• D) it can persuade people in these two countries to buy its products.

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Definitions:

Stock Option Plan

A compensation scheme in which employees are given the option to purchase company stock at a discounted price, often used to align employees' interests with those of the shareholders.

Stock Options

Financial derivatives that confer the right, but not the obligation, to buy or sell shares of stock at a specified price within a certain time frame.

Common Stock

Holding shares in a company, granting the holder voting privileges on company issues and entitlement to dividends.

Cash Received

The total amount of money, either in cash or equivalents, that an entity receives during a specified period, from various sources including sales, financing, and investments.