When a U.S. firm leaves local managers of its foreign subsidiary alone by assuming that The foreign market is difficult for outsiders to understand, this is a reflection of

Related MCQs

• This entry strategy involves having an agreement that permits a foreign company to use industry property, technical knowhow, or engineering design in a foreign market.
• According to the view of Michael Porter, firm first develop product for domestic market and later on launch in international market. This view is consistent with which of the following factors?
• The corporate culture of a firm is more effectively carried to the managers who are
• Within the firm, it is primarily the ________ or _________ managers who argue for standardization for the sake of economies of scale.
• Which of the following constitutes Foreign Direct Investment? (a) A speculator trying to make a profit by buying company shares on a foreign stock exchange.
• James Bond is looking for an intermediary that specialies in researching foreign markets for a client's products. Additionally, he would like this intermediary to handle all the routine details of getting his products to the foreign customers that he anticipates he will have during the next business year. Which of the following would be the best choice for Mr. Bond if he wants to meet his objectives?
• How do the vast majority of services enter a foreign market?
• Canada does not allow foreign-market cartels if the results have an adverse impact on the Canadian economy
• Which of the following C's must be considered if the company is to achieve the optimum volume of sales, secure a reasonable market share, and gain satisfactory market penetration?
• An overall strategy that involves the firm pouring all of its available resources into one or a select few markets is knows as: