The ability to develop detailed local knowledge of nondomestic markets may require firms to have management teams with a great deal of ________ experience.
A) foreign
B) technical
C) corporate
D) functional

Question

Quizplus · Accepted Answer

Local knowledge of nondomestic markets can only be acquired through experience of operating within those markets. Hence, firms require management teams with foreign experience to develop detailed knowledge of those markets.

The Ability to Develop Detailed Local Knowledge of Nondomestic Markets