In January 2009, Walmart Acquired a Controlling Interest in Chile's

question 19

Multiple Choice

In January 2009, Walmart acquired a controlling interest in Chile's leading food retailer. Since then, Walmart has opened the first environmentally friendly supermarket in Chile that uses energy efficient technology throughout the store. Walmart is planning to open additional stores in Chile over the next seven years. Walmart's top executives are considering the idea of transferring U.S. managers to Chile to oversee the construction and establishment of the new stores. Which of the following, if true, supports the argument that locals should be hired to fill management positions in Chile?

• A)Chile has a high percentage of younger workers with college degrees.
• B)Managers in Chile are expected to keep their distance from subordinates.
• C)Chile has had an increase in foreign direct investment over the last five years.
• D)Chileans expect managers and subordinates to interact in a highly informal manner.

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Definitions:

Channel Noise

Channel noise is interference or distortion that disrupts the clarity of a message being communicated between a sender and receiver across a channel.

Malpractice Insurance

A type of liability insurance protecting professionals against claims of negligence or incompetence from their clients.

Quantity Enhances Quality

The idea that increasing the amount of something may indirectly improve its quality or value.

Interrogate

To ask questions closely, aggressively, or formally, often for the purpose of obtaining truth or information.