What is a global firm quizlet?
What is a Global Firm? a firm that, by operating in more than one country, gains Rɪmp;D, production, marketing, and financial advantages inits costs and reputation that are not available to purely domestic competitors.
Which of the following is true of international divisions that are structured as geographical organizations?
Which of the following is true of international divisions that are structured as geographical organizations? Geographical organizations are managed by country managers responsible for salespeople, distributors, and licensees in their respective countries.
Which of the following is the easiest way for a firm to enter foreign markets?
Exporting is the cheapest and easiest way to venture into a new market. Compared to other means of entering new markets, exporting requires less initial capital.
Which of the following is true of communication adaptation for a company entering a foreign market?
Which of the following is true of communication adaptation for a company entering a foreign market? a strategy of fully modifying advertising messages to local markets is used.
What do you mean by global firm?
E) A global firm manufactures and markets goods wherever it can do the best job. A tax on an imported product designed to raise revenue or protect domestic firms is referred to as a (n) ________. A country may place a limit on the volume of imported citrus fruit that is allowed.
What are the characteristics of global companies?
T/F: Global companies recruit management from many countries, buy components and supplies where they cost the least, and invest where the expected returns are greatest.
What two economic factors determine a country's attractiveness as a market?
T/F: The two economic factors that reflect a country's attractiveness as a market are its industrial structure and import/export ratio. T/F: As the weakened global economy has slowed, many companies are shifting their sights to include a new target — the so-called "bottom of the economic pyramid."