Discuss the impact of management myopia and organizational culture on the globalization of a corporation?
What will be an ideal response?
There are several examples where management simply ignores opportunities to pursue global marketing. A company that is "nearsighted" and ethnocentric will not expand geographically. For example, Anheuser-Busch, the brewer of Budweiser beer, lost its independence after years of focusing primarily on the domestic U.S. market. Myopia is also a recipe for market disaster if headquarters attempts to dictate when it should listen. Global marketing does not work without a strong local team that can provide information about local market conditions.
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Indicate whether the statement is true or false.
________ are cognitive in nature, have an unclear, general cause, and last for several hours or days
A) Emotions B) Feelings C) Perceptions D) Moods E) Reactions