Which of the following is true of management in the nonmarket environment?
a) Obtaining information about the agenda of regulators and administrators can be crucial to developing a successful strategy.
b) It requires a divided strategy with a strong market component to share opportunities and deal with risks.
c) Obtaining access to government officeholders in emerging markets is less important because government is not bound by due process requirements.
d) The weaker the rent chain in an emerging markets country; the more effective a nonmarket strategy is likely to be.
A
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Environmental uncertainty in an organization is high when:
A. resource scarcity is low. B. environmental change is extensive. C. environmental complexity is low. D. industry regulations are strict.
Ethnocentric pricing responds to the competitive and market conditions of national market
Indicate whether the statement is true or false