When a Firm's Products Are Standardized in All Countries

question 65

Multiple Choice

When a firm's products are standardized in all countries,

• A) advertising cannot be used.
• B) only publicity can be used for promotion.
• C) different ads are illegal.
• D) distribution is more expensive.
• E) advertising may have to be modified.

Recognize the importance of realism and congruence in the organizational socialization process.

Understand various motivation theories and how they predict behavior in organizational settings.

Differentiate between motivator and hygiene factors according to Herzberg's two-factor theory.

Comprehend the principles of equity theory, including how perceptions of inequity can influence employee behavior.

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Definitions:

Asset-Based Loan

An asset-based loan is a type of lending, often secured by a company's assets, where the loan amount is based on a percentage of the value of those assets.

Operating Lease

A contract that allows for the use of an asset but does not convey ownership rights of the asset to the lessee.

Risk Of Obsolescence

The risk that a product or service becomes outdated and undesired due to new technologies or changes in consumer preferences.

Lessor

The party in a lease agreement who owns the property and grants another party, the lessee, the right to use it for a specific period in exchange for payment.