How Has the Internet Accelerated International Expansion Efforts by Retailers

question 41

Multiple Choice

How has the Internet accelerated international expansion efforts by retailers such as Neiman Marcus and J.Crew?

• A) facilitating the construction of brick-and-mortar stores
• B) monitoring sales revenues more efficiently with extranets
• C) providing low cost access to new markets through e-commerce
• D) enabling firms to provide online customer service in multiple languages
• E) building a strong customer base through social media and viral advertising

Comprehend the concept of social empathy and its relevance in organizational settings.

Recognize the significance of self-esteem and locus of control in job performance and selection.

Understand the role of agreeableness and intellectual openness in organizational behavior.

Define and differentiate between self-esteem, self-awareness, and emotional intelligence.

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Definitions:

Gray Market

A situation where products are sold through unauthorized channels, often legally, but without the consent of the original manufacturer.

Manufacturer's Suggested Retail Price

The price that the maker of a product recommends it be sold for in retail stores, often seen as a way to standardize prices and maintain a perceived value.

Authorized Channels

Officially approved and recognized paths or mediums through which products or information are distributed, ensuring legitimacy and compliance with regulations.

Protectionism

A government policy aimed at restricting international trade to protect domestic industries from foreign competition.