One of the approaches to effectively manage nonmarket issues is to respond to nonmarket issues only when they are strong enough to force the firm to act

Many of the national markets of Eastern Europe, Latin America, Africa, and Asia may still be underdeveloped, but they are potentially enormous. Which of the following is a risk to businesses moving into these regions?

a) it is likely that communist dictatorship will return to these regions b) there is no guarantee that democracy will thrive in many of the world's newer democratic states c) these regions are likely to have consistent domestic economic growth and not be open to foreign investment d) businesses in emerging markets are frequently taken over by the states

Peter sold his home to Matt. Matt didn't record the grant deed, but moved into the house. Peter then sold the same property to Isabella, who reviewed the county recorder's records but did not look at the house. Peter gave Isabella a deed, which she recorded. Which of the following is true concerning title to the property?

a. Matt maintains title. b. Isabella now owns the property since she recorded her deed and Matt did not. c. Isabella has recourse against Matt for his failure to record. d. Matt and Isabella are co-owners of the property.