Axis Partners,a Canadian Mutual Fund,recently Expanded Its Operations by Opening

question 27

Multiple Choice

Axis Partners,a Canadian mutual fund,recently expanded its operations by opening a branch in Shanghai,China,to handle market analysis.The company used an integration strategy for staffing its new office.Entry-level positions in Shanghai were filled by recruiting graduates from local campuses.However,they soon realized that this strategy was not as successful in China as it was in Canada.Which of the following,if true,could explain the reason for this?

• A)Employee turnover rates in the financial services industry in China is one of the lowest in the world.
• B)The employees in Shanghai were being paid less than their counterparts in Canada.
• C)Some of its successful competitors in China use a differentiation strategy.
• D)Few students in Shanghai chose finance as their subject of specialization.

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Definitions:

Initial Value

The starting point or original amount before any changes, such as growth or depreciation, have occurred.

Percent Change

A mathematical calculation that indicates the percentage difference between two values, often used to measure growth or decline.

Initial Value

The starting amount before any additions, subtractions, or other changes are made.

Percent Change

A measure that indicates how much a quantity has increased or decreased in percentage terms over a specified period.