Which of the Following Is a Guideline for Managers Doing

Multiple Choice

Which of the following is a guideline for managers doing business around the globe?

A) Managers should follow the advice of the second proposition of the institution-based view.
B) Managers must give more importance to formal constraints.
C) Firms entering a new country that emphasizes relational exchanges must ensure that all business contracts are formalized right away.
D) Firms entering a new country that lacks formal market-supporting institutions must adopt a "business first,relationship afterwards" attitude.