Why Do Many Managers Do Little Research Before They Enter

question 48

Multiple Choice

Why do many managers do little research before they enter a foreign market?

• A)They possess a lack of sensitivity to differences in culture,consumer tastes,and market demands.
• B)They have a limited appreciation for the different environments abroad.
• C)Managers have a lack of familiarity with national and international data source and an inability to use international data once they are obtained.
• D)Firms often build their international business activities gradually,frequently based on unsolicited orders.
• E)All of these

Calculate the present value of annuities, both ordinary and growing, using different rates of return.

Understand the concept of financial saving goals and how to calculate future value towards achieving those goals.

Apply the concept of the time value of money to various financial planning and investment situations.

Estimate the future value of annuities and single cash flows using appropriate interest rates.

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Definitions:

Participative Corporate Culture

A corporate environment where employees at all levels are encouraged to share their ideas and participate in decision making processes.