Luis Is a Partner in a Firm That Specializes in Producing

question 240

Multiple Choice

Luis is a partner in a firm that specializes in producing vitamins and health food products. While the business is considered small by U.S. standards, he is attempting to persuade his partner to expand internationally. Luis would list which of the following as an advantage of going global?

• A) Exporting can help sell excess inventory.
• B) Marketing programs benefit from the cultural similarities in prospective markets.
• C) Financing can easily be obtained to expand internationally.
• D) Selling your products in other markets reduces their life cycle, making them more attractive.

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Definitions:

Equity Theory

A theory of motivation that explains how individuals strive for fairness and justice in social exchanges or give-and-take relationships.

Salary Discrepancy

The difference in income between two or more groups, individuals, or positions, often highlighting issues of inequality.

Upset Feelings

Upset feelings refer to a state of being unhappy, disappointed, or worried, often as a response to an external situation or internal conflict.

360-Degree Feedback

A comprehensive feedback system where an employee receives confidential, anonymous feedback from the people who work around them, including peers, managers, and direct reports.