Which of the Following Statements Is Incorrect

question 25

Multiple Choice

Which of the following statements is incorrect?

• A)Large European firms generally have many more individual owners than large U.S.firms.
• B)One reason domestic firms "go global" is to sell products in new markets.
• C)Often firms can avoid regulatory hurdles that apply to foreign manufacturers by establishing operations in the country where the hurdles apply.
• D)A difficulty associated with doing business in international markets is that not all countries have the same currency.
• E)Cultural differences among countries make it difficult for a multinational firm to use the same marketing strategy that is, packaging, advertising, and so forth in every country in which it operates.

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Definitions:

Number of Exemptions

Refers to the count of allowances on a tax return that reduces the amount of income that is subject to tax, based on the taxpayer's family size or specific other criteria.

Office Manuals

Documentation or handbooks that outline the procedures and policies of a particular work environment or organization.

Annual Employee Reviews

Regular assessments of an employee's work performance, typically conducted once a year.

Orientation

The process of familiarizing a new employee with the workplace or introducing a subject or skill to beginners.