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Scenario: Gem Jewels
Gem Jewels recently established a number of subsidiaries in various foreign countries aiming to build high levels of international business involvement in the coming years. Cultural training has to be given by the company to home-country managers assigned to work in the new subsidiaries.
-The most basic level of training that can be given to the managers is ________.
Competition
The rivalry among sellers in the same market to attract customers, increase sales, and achieve a dominant position in the market.
Expected Value
A statistical concept that calculates the average result when the same event is repeated multiple times.
High-Value
Refers to products, services, or assets that possess significant worth or importance, often attracting premium prices.
Low-Value
Refers to products, services, or transactions that possess minimal worth in terms of price, importance, or usefulness to the buyer.
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