Which of the Following Statements Regarding Countertrade Is False

question 25

Multiple Choice

Which of the following statements regarding countertrade is false?

• A)Items involving large dollar amounts, such as military contracts, are prime candidates for countertrade.
• B)Companies can expect countertrade demands from a country when that country's goods may have a low or nondifferentiated perception in the world marketplace.
• C)Highly valued items or those sought after by the buying country are less susceptible to countertrade demands.
• D)Countertrade may include items that are available from many sources, commodity-type items, or items not perceived as technologically superior or having higher quality compared with other available products.
• E)Countertrade is a simple process as it avoids currency exchange fluctuations.

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Definitions:

Strategy and Culture

Strategy and culture encompass the plans an organization develops to achieve its long-term goals and the shared values, beliefs, and practices that shape how work is done and how people interact within the organization.

Cultural Change

The modification of a society's cultural elements, including norms, values, and practices, over time.

Employees and Staff

Individuals hired by an organization to perform specific duties in exchange for compensation.

Cultural Change

A significant shift in the behaviors, values, and norms within an organization or society.