Axis Partners,a Canadian mutual fund,recently expanded its operations by opening a branch in Shanghai,China,to handle market analysis.The company used an integration strategy for staffing its new office.Entry-level positions in Shanghai were filled by recruiting graduates from local campuses.However,they soon realized that this strategy was not as successful in China as it was in Canada.Which of the following,if true,could explain the reason for this?
A)Employee turnover rates in the financial services industry in China is one of the lowest in the world.
B)The employees in Shanghai were being paid less than their counterparts in Canada.
C)Some of its successful competitors in China use a differentiation strategy.
D)Few students in Shanghai chose finance as their subject of specialization.

Question

Quizplus · Accepted Answer

If few students in Shanghai chose finance as their subject of specialization, then it would be harder for Axis Partners to recruit new graduates for their entry-level positions. This would make their integration strategy less successful in China compared to Canada where there may be more students specializing in finance.

Axis Partners,a Canadian Mutual Fund,recently Expanded Its Operations by Opening