Question
1 .Companies such as Apple and McDonalds must develop strategic plans to deal with economic, political and legal environmental forces because these forces are: Group
1 .Companies such as Apple and McDonalds must develop strategic plans to deal with economic, political and legal environmental forces because these forces are:
Group of answer choices
complex and subject to rapid changes.
easy to manage.
constant
all of the above.
4 Companies use these two strategies to compete effectively in global markets:
Group of answer choices
transfer of operations abroad and outsourcing.
opening foreign subsidiaries
5. Factors that impact the quality for the workforce both internationally and domestically include:
Group of answer choices
population size, age and mobility of the workforce
jurisdiction, standardization and mobility of the workforce.
population size, technology and innovation
Exporting products because it's cost effective
using only expats and innovative technology
6.Companies choose to embark on international expansion for a number of reasons.For example, Apple and Tesla have invested in China to:
Group of answer choices
to engage in direct exporting of labor only.
all of the above.
Improve cost effectiveness of operations and secure new customers
To gain favoritism from governments
7.
Global and multidomestic companies such as Shell and Burger King expand internationally to:
Group of answer choices
sway government policies and create job.
learn about host governments
reach new customers and gain higher profits.
learn about new markets and cultures.
8.
Reaching international customers requires knowledge and understanding of the marketing mix which includes:
Group of answer choices
product, innovation, technology & laws.
product, price, promotion & placement.
Product, prize, placement & customer.
9.
Two of the most common reasons why a company's marketing mix will differ in foreign markets include:
Group of answer choices
a country's culture and economic level.
adjusted interest payment and duties.
access to low cost and diverse labor.
10.
International companies such as Ford, Nestle and Pizza Hut typically pursue or choose among three strategies for introducing products in new international markets:
Group of answer choices
product adaptation, product extension & product invention.
technological innovations & product adaptation.
market accessibility, low duties & product quality.
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