Which of the Following Is the Role of Local Managers

question 19

Multiple Choice

Which of the following is the role of local managers to experienced multinational companies?

• A) To contribute needed understanding of local market conditions, local buying habits, local ways of doing business.
• B) To run the local operations for the company.
• C) To understand how "the system" works to detour the hazards of collaborative alliances with local companies.
• D) To serve as conduits for the flow of information between the corporate office and local operations.
• E) All of these.

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Definitions:

Interaction Term

An additional term in a statistical model that represents the effect on the response variable of combining two or more variables.

SSE

Sum of Squared Errors, a measure of the discrepancy between the data and an estimation model.

Consumption

The process or amount by which goods and services are used up or utilized by individuals or communities.

Red Meat

Meat that is red when raw and does not become white when it is cooked, such as beef or lamb.