Operating in a global marketplace is considered more complex because
A)managers must compete with cost-efficient overseas competitors.
B)the lessening of trade barriers has presented many opportunities in previously protected markets.
C)many overseas competitors operate with greater economies of scale.
D)of varying cultures and coordination of globally dispersed operations.
E)international management is relatively risk-free as compared to domestic management.

Question

Quizplus · Accepted Answer

Operating in a global marketplace is considered more complex because of varying cultures and coordination of globally dispersed operations. International businesses face the challenge of dealing with cultural differences that can affect their hiring process, marketing strategies, product development, and business operations. Additionally, coordinating globally dispersed operations can be difficult due to differences in time zones and communication barriers.

Operating in a Global Marketplace Is Considered More Complex Because