QUESTION In going multinational, the CEO is excited about the opportunity for PyraTex to create decent jobs that will promote the local economy in Vietnam. The CFO is skeptical, arguing that the best way to increase profits from a foreign production plant is to pay workers the lowest wages possible. Which of the following statements […]
QUESTION The percentage of franchises in the United States owned by minorities has fallen since 2000. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Minorities (African American, Hispanic, Asian American, Indian American, and so on) are said to own over 15 percent of U.S. franchises, up from 5 percent to […]
QUESTION The CEO of Zebra Networking thinks that an advantage of the company’s expansion into new markets is the additional profits due to economies of scale that the company will realize when selling to new markets. Which of the following, if true, strengthens the CEO’s argument? A) The company will sell enough units in foreign […]
QUESTION DynaTech’s chief marketing officer argues that becoming an international company is an unwarranted move for DynaTech because it does not have to do so to maintain superiority over its competition. Which of the following, if true, most weakens his argument? A) DynaTech’s profits have been increasing for many years. B) Globalization has been an […]
QUESTION DynaTech’s director of human resources is concerned about the effect of the company’s globalization on the U.S. job market. She argues that creating jobs in other countries will prevent jobs from being created in the United States. Which of the following, if true, most strengthens her position? A) Labor costs are much lower in […]
QUESTION DynaTech’s chief operating officer sees recent worldwide technological advances as playing a key role in helping the company to globalize. Which of the following, if true, most strengthens his position? A) Increasing free trade has helped many more companies do business internationally than have done so before. B) Internet communications have helped businesses coordinate […]
QUESTION The CEO wants to fund a large budget for a new overseas marketing campaign. The marketing director, however, argues that Greenmax will not need a significant additional marketing outlay to distribute its product overseas. Which of the following, if true, best supports the marketing director’s position? A) The currency exchange rate between the U.S. […]
QUESTION Greenmax’s CEO argues that international sales are vitally needed for the company to grow its market. Which of the following, if true, best supports her position? A) Greenmax has found success with the fastest-growing market segment of energy drink consumers in the United States. B) Greenmax has expanded beyond its original signature energy drink […]
QUESTION Torgo Software’s chief technical officer thinks the company will be able to set up Sri Lankan operations that provide the company with overnight technical solutions when necessary. Which of the following, if true, best supports his position? A) Opportunities for specialized education in computer science and information technology are very limited in Sri Lanka. […]
QUESTION Which of the following, if true, best supports the CEO’s position that Sri Lanka will be able to effectively meet Torgo’s customer service needs? A) Torgo’s competitors have offshore operations and these companies have not contracted with any Sri Lankan workers. B) Torgo cannot afford to use customer service call centers based in the […]