Which of the Following Is an Advantage of Hiring Local

question 31

Multiple Choice

Which of the following is an advantage of hiring local nationals in the sales force?

• A) They are more efficient in communicating with and influencing headquarters' personnel.
• B) They are more knowledgeable about a country's business structure and systems.
• C) They are more knowledgeable of the company and its product line.
• D) They are likely to have superior technical expertise.
• E) They are less likely to accept any form of bribe.

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Definitions:

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Required Return

The minimum expected return by investors for investing in a particular asset, considering the risk involved.

Price Appreciation

An increase in the value of an asset over time, not accounting for dividends or interest.

Rate of Return

Rate of return is the gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.