In the Context of Entry and Growth Strategies for Global

question 79

Multiple Choice

In the context of entry and growth strategies for global marketing,which of the following is most likely an advantage of direct ownership?

• A)It provides immediate access to foreign markets.
• B)It reduces the costs and risks associated with opening up a foreign market.
• C)It helps in overcoming legal and trade barriers.
• D)It is an attractive option in unfamiliar or politically volatile markets.

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Definitions:

Job Enrichment

Enhancing a job's meaningfulness through allowing more autonomy, responsibility, and variety in tasks, often to improve employee satisfaction and performance.

Motivators

Factors that encourage or stimulate a person to act or work harder, often enhancing their engagement and performance.

High Need

A psychological condition where an individual has a greater than average requirement for a certain stimulus or condition to achieve satisfaction.

Interpersonal Relationships

The connections and interactions between two or more people, which may be based on sentiments, love, solidarity, regular business interactions, or some other type of social commitment.