Which of the Following Statements Is True About Managing Country

question 30

Multiple Choice

Which of the following statements is true about managing country risk?

• A)Scanning allows a firm to assess the potential country risk.
• B)Firms can reduce country risk by entering markets in collaboration with a foreign partner.
• C)Country risk can seldom be anticipated by advance research.
• D)Home-country employees are the best source for anticipating country risk in host-countries.

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Definitions:

Process of Adjustment

The manner in which individuals adapt to changes or new situations in their environment, often necessitating psychological, emotional, or behavioral flexibility.

Human Behavior

The range of actions and mannerisms exhibited by humans, influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and/or genetics.

Research Methods

The strategies, techniques, and procedures used in the investigation of phenomena, acquisition of new knowledge, or correction and integration of previous knowledge.

Experimental

Pertaining to or based on a methodical plan or procedure to establish cause and effect by testing hypotheses and controlling variables.