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When a Company Has the _____ Involvement Approach, the Company

question 46

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When a company has the _____ involvement approach, the company (because it uses either host country employees or expatriates) must face the foreign culture and intercultural communication can become an issue that must be dealt with through training.


Definitions:

Customer Value

The satisfaction a customer derives from a product or service in comparison to its cost, influencing loyalty and purchase decisions.

Product

Any item or service offered for sale or use, often as a result of a manufacturing or production process.

Utility

A term in economics referring to the total satisfaction received from consuming a good or service.

Marketing

The process or activity of promoting, selling, and distributing a product or service, including market research and advertising.

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