Although many companies in the U.S. have adopted team-based management that is very successful in Japan, U.S. managers and employees often have difficulty working in teams. This may be because:
a. Japanese managers are generally superior in motivating their employees
b. the U.S. employees are not comfortable with uncertainty
c. the Japanese have lower power distance and are more egalitarian
d. the U.S. employees are more individualistic
d;
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Which of the following is a reason why a target-return pricing approach does not necessarily
result in an optimum profit for a firm? A) The target-return pricing approach is too complex and expensive to implement. B) The target-return pricing approach is highly influenced by the prices set by competitors. C) The target-return pricing approach ignores the current demand for the product. D) The target-return pricing approach uses the perceived value of the product as a basis for setting the final price.
The multidomestic OM strategy maximizes local responsiveness while achieving a significant cost advantage
Indicate whether the statement is true or false