What are the savings of marginal bad debts under the proposed plan? (See Table 14.7)

____ strategy answers the question, "How should Company X compete with Company Z?"

Fill in the blank(s) with the appropriate word(s).

Companies doing international business are more likely to be successful when they ________

A) conduct frequent performance appraisals B) understand local market characteristics C) employ primarily local managers D) rely on experienced expatriates