Multiple Choice
First Business Trip to Asia (Scenario)
Jeff Elliott is on a flight across the Pacific and is excited about his first business trip to Asia. Born and raised in Alberta, Jeff is a manager for a rapidly growing Calgary-based company. His current mission is to scout out potential locations in Asia and develop an international expansion strategy for his company. There are many options, including maintaining the business's head office in Canada and sending over company representatives when necessary or developing a separate company in Asia and hiring locals to manage the business. Jeff's trip will take him to Japan, South Korea, Hong Kong, Taiwan, and China. He is looking forward to learning more about the business practices and customs of each country and is not too worried about the fact that he only speaks English. Jeff has heard that English is considered the main international business language, and he anticipates that most Asians will be able to speak it.
-If Jeff's company decides to open a completely new operation in China,tailoring the company to local customs and marketing strategies and hiring local managers,they would be considered a ________.
A) multidomestic corporation
B) global corporation
C) strategic alliance
D) joint venture
Correct Answer:

Verified
Correct Answer:
Verified
Q32: The primary reason it is difficult to
Q33: Christopher,who is based in the head office
Q34: International Entrepreneurs (Scenario)<br>Jennifer and James have formed
Q35: Local laws do not present barriers to
Q36: Understanding Cultural Differences - GLOBE (Scenario)<br>John has
Q38: Key advantages of an ethnocentric attitude include
Q39: Both IMF and the World Bank provide
Q40: Managers with an ethnocentric attitude concentrate on
Q41: Which of the following international strategies involves
Q42: Cultural intelligence consists of intellectual capital,psychological capital,and