subject
Business, 25.09.2020 01:01 7letters22

As organizations expand into global markets, business communicators need to become aware of their own culture and how it differs from other cultures. Cultural awareness allows professionals to communicate successfully with other cultures and to navigate the intercultural challenges of a globalized business world. The first step in overcoming intercultural obstacles is understanding the trends that drive globalization. Identify the trend illustrated by the following example.
A U. S. retailer of high-tech products looks to open stores in Russia where there has been a surge in demand for smartphones and tablet computers.
Favorable trade agreements
Robust middle-class growth
Transportation advancements
Identify the trend illustrated by the following example.
A high-end clothing company has branch managers in Rome, Paris, and Chicago. They meet quarterly via teleconference.
Declining domestic markets
Technological advancements
Robust middle-class growth
When companies expand into global markets, they must be aware of the different cultural environments they are entering. A successful business model in one country may not be successful in another. U. S. companies, such as Wal-Mart, Best Buy, and Home Depot, for example, have struggled in certain overseas markets due to their inability to meet the needs and expectations of the local culture.
Read the hypothetical description of an overseas country, and then answer the following question.
People in this country tend to place a high value on protecting the environment. While they enjoy certain products imported from other countries, when it comes to food and drink, they prefer domestic brands. They consider it inappropriate to smile at strangers, and they value the freedom to engage in whatever relationships they want with coworkers outside of work.
A U. S. store opens in this country and exhibits the following characteristics. Which of these characteristics will be problematic for the success of the store? Check all that apply.
a) A beer and wine selection primarily made up of U. S. brands
b) A policy forbidding employees from dating each other
c) A wide selection of environmentally safe cleaning products
d) A friendliness policy encouraging employees to smile at customers
e) Plastic bags

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:30
Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do
Answers: 2
question
Business, 22.06.2019 17:10
Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)
Answers: 3
question
Business, 22.06.2019 17:30
Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in
Answers: 1
question
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
You know the right answer?
As organizations expand into global markets, business communicators need to become aware of their ow...
Questions
question
English, 12.04.2021 19:30
question
Chemistry, 12.04.2021 19:30
question
English, 12.04.2021 19:30
question
Spanish, 12.04.2021 19:30
Questions on the website: 13722360