Which of the following statements is true about managing country risk?
A) Scanning allows a firm to assess the potential country risk.
B) Firms can reduce country risk by entering markets in collaboration with a foreign partner.
C) Country risk can seldom be anticipated by advance research.
D) Home-country employees are the best source for anticipating country risk in host-countries.
A
You might also like to view...
Reducing maintenance costs is a major concern, because software maintenance alone can devour upward of 50 percent of the total data processing budget for a business
Indicate whether the statement is true or false
If Volkswagen sells cars to a dealer, who, in turn, sells to you, which of the following correctly describes the distribution strategy for this process?
A) No intermediaries were involved. B) One intermediary was involved. C) Three intermediaries were involved. D) This was a direct channel. E) There was no distribution strategy.