Howard Industries Is a Computer Manufacturer Located in Laurel, MS

question 37

Multiple Choice

Howard Industries is a computer manufacturer located in Laurel, MS. This company is interested in expanding internationally. Which of the following is a cultural factor that affects consumer behavior and marketing strategy that Howard Industries needs to be aware of?

• A) nonverbal communications
• B) natural resources
• C) economic conditions
• D) exchange rates
• E) all of the above

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Definitions:

Goal-sharing Plans

Incentive plans where employees are rewarded for meeting or exceeding certain performance targets set by the organization.

Gain-sharing Plans

A performance-based compensation strategy where employees receive bonuses for improvements in productivity or company performance.

Fixed Formula

A predetermined method or calculation used to determine allocations, such as budget distributions or compensation adjustments, based on set criteria.

Profit-sharing Plans

A type of incentive plan that distributes a portion of an organization's profits to its employees, linking compensation to the company's financial performance.