Three Basic Options for Organizing International Marketing Are: Centralization at the Home

question 5

Multiple Choice

Three basic options for organizing international marketing are: centralization at the home office or headquarters,decentralization of decision-making to local foreign markets,and:

• A)centralization at local foreign markets.
• B)centralization at regional markets.
• C)decentralization of headquarters.
• D)a combination of centralization and decentralization.
• E)decentralization of regional offices.

Understand the distinction between individualist and collectivist perspectives in the explanation of group behaviors.

Recognize the effects of evaluation apprehension and how it differs from mere presence in influencing behavior in social situations.

Analyze the role of self-perception theories, such as self-awareness in explaining social facilitation effects.

Understand the concepts of social loafing, including the underlying mechanisms and ways to mitigate its impact in group settings.

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Definitions:

Supply of Labor

The total amount of labor that workers are willing and able to offer at various wage rates in a given time period.

Wage Rate

The amount of compensation a worker receives per unit of time or per unit of output.

MRP

Material Requirements Planning is a system for planning production schedules and inventory needs.

Marginal Revenue Product

The additional income generated from using one more unit of a resource, used in economics to determine the optimal level of resource employment.