Competing in the Markets of Foreign Countries Generally Does Not

question 44

Multiple Choice

Competing in the markets of foreign countries generally does not involve which of the following?

• A) Country-to-country differences in consumer buying habits and buyer tastes and preferences
• B) Country-to-country variations in host-government restrictions and requirements and fluctuating exchange rates
• C) Whether to customize the company's offerings in each different country market or whether to offer a mostly standardized product worldwide
• D) In which countries to locate company operations for maximum locational advantage (given country-to-country variations in wages rates,worker productivity,energy costs,tax rates,and the like)
• E) Crafting a multicountry strategy that works just as well in one country as in another and that also has the appeal of turning the world market into one big profit sanctuary

Explain the principles of behavior modification and its application in organizational settings.

Understand the relationship between job design, employee satisfaction, and motivation.

Comprehend the role of needs theories (Maslow's hierarchy, ERG theory, McClelland's needs theory) in explaining motivation.

Identify the key components of the expectancy theory and how it predicts employee motivation.

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Definitions:

Making Job Assignments

The act of delegating specific tasks or responsibilities to employees in order to ensure efficient operation within an organization.

Building Teams

The process of creating and organizing a group of people to work together effectively towards a common goal.

Daily Work Activities

The routine tasks and duties performed as part of one's job or occupation on a day-to-day basis.

Openness

Willingness to consider new ideas, experiences, and suggestions; one of the Big Five personality traits.