Historically, most international businesses have been more concerned with management development than with training

Indicate whether the statement is true or false.

FALSE
Historically, most international businesses have been more concerned with training than with management development. Plus, they tended to focus their training efforts on preparing home-country nationals for foreign postings. Recently, however, the shift toward greater global competition and the rise of transnational firms have changed this.

Business

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An agent is liable for his own actions. Which of the following is true regarding this statement.

a. This is true whether the principal is liable or not. b. This is true only if the principle is also liable. c. This is true if the broker also has guilty knowledge of the fact. d. This is true only if another licensee colluded in the wrongful act.

Business

________ will internationalize via FDI because they require direct contact with customers

A) Insurance firms B) Accountants C) Construction firms D) Retailing firms

Business