Which of the Following Is an Advantage of Hiring Local

question 38

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 add to the prestige of the product line in the eyes of foreign customers.
• D) They are likely to have superior technical expertise.
• E) They do not accept any form of bribe.

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Definitions:

Equilibrium Price

The point in the market where the volume of goods available equals the volume of goods sought by buyers.

Maximum Imposed Price

Refers to a price ceiling, which is the highest legal price that can be charged for a product or service, typically set by the government.

Government

The organization or system through which a society or community is governed, typically consisting of various institutions and authorities.

Market

Any structure that allows buyers and sellers to exchange any type of goods, services, and information.