The Cell Phone Divisions of Toshiba,Sharp,and Other Japanese Companies Prospered

question 54

Multiple Choice

The cell phone divisions of Toshiba,Sharp,and other Japanese companies prospered by focusing on the domestic market.When handset sales in Japan slowed a few years ago,the Japanese companies realized that Nokia,Motorola,and Samsung already dominated key world markets.Atsutoshi Nishida,president of Toshiba,noted,"We were thinking only about Japan.We really missed our chance." This example illustrates:

• A) geocentric orientation.
• B) regiocentric orientation.
• C) polycentric orientation.
• D) ethnocentric orientation.
• E) poor globalization orientation.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue.

Retained Earnings

The portion of a company's profits that is kept or retained and saved for future use, reinvestment, or to pay debt.

Temporary Investments

Short-term investments in securities such as stocks and bonds, which a company plans to sell within a year.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.