Murphy Enterprises Recently Acquired a Controlling Interest in Mexico's Leading

question 126

Multiple Choice

Murphy Enterprises recently acquired a controlling interest in Mexico's leading clothing retailer.Murphy plans to open additional retail stores in the next three years.Some of Murphy's top executives advocate the idea of transferring U.S.managers to Mexico to oversee the construction and opening of the new stores.Another group of Murphy executives believe that host-country nationals should manage the project.Which of the following best supports the decision to use a polycentric staffing approach?

• A) Murphy's HR department has been unable to locate qualified Mexican managers.
• B) Murphy wants to establish that the corporation is fully committed to Mexico.
• C) HR managers at Murphy rely on selection tests to find competent workers.
• D) Most Murphy managers have international work or travel experience.

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Revenue-maximizing Price

The optimal price point at which a company can sell its goods or services to maximize its revenue, given its cost structure and market demand.