Most companies would prefer to remain domestic if their domestic market were large enough. Yet several factors are drawing more and more companies into the international arena. List some of these factors
What will be an ideal response?
Answer: Some of the factors are: (1) Some foreign markets present higher profit opportunities; (2) the company needs a larger customer base to achieve economies of scale; (3) the company wants to reduce its dependence on any one market; (4) the company decides to counterattack global competitors in their home markets; and (5) customers are going abroad and require international servicing.
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The role of the leader in a learning organization constitute all these responsibilities EXCEPT:
A. to prescribe appropriate rewards and punishments. B. to inspire commitment. C. to encourage effective decision making. D. to build a shared vision.
In ________, branded materials become component parts of other branded products
A) family branding B) aggregated branding C) umbrella branding D) manufacturer branding E) ingredient branding