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Chloe is Company W ' s COO ( chief operating officer ) , a company that makes children's wardrobes. With the decrease in newborn babies
Chloe is Company Ws COO chief operating officer a company that makes children's wardrobes. With the decrease in newborn babies in the country, Chloe believes that the domestic market is declining. Thus, she wants to go global. Which of the following would benefit Company W if Chloe chose to pursue international markets?a
Chloe may benefit from learning about Hofstedes cultural dimensions that could be leveraged on Company Ws current employees in its domestic market.
b
Chloe could share her intellectual properties with another firm that operates in a foreign country in hopes of achieving collaboration.
c
Company W could gain access to cheaper raw materials in a foreign country, thus lowering the cost of its input factors.
d
Company Ws brand might suffer a loss in reputation if it goes global, but it could increase its market share.
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