Which of the following is the best solution for a U.S.company that is attempting to enter a foreign market but is having difficulty due to a language barrier and lack of knowledge?
A) The company should continue to conduct business the way it would in the U.S.
B) The company should focus all of its advertising in the desired market.
C) The company should hire an agent familiar with the local laws,customs,and practices to help it function smoothly.
D) The company should not do business in a foreign market if there is a language barrier.
E) The company should open a local business office to become familiar with the area.
Correct Answer:
Verified
Q69: What type of agency is formed when
Q70: When an individual misrepresents himself or herself
Q71: Which of the following is true regarding
Q72: In the text case Glenn v.Gibbs,Glenn was
Q73: [Lakeside Property] Kumar agreed to act as
Q75: Robert has agreed to act as an
Q76: Which of the following is true regarding
Q77: If Melanie sues Kumar for revealing confidential
Q78: Which of the following refers to the
Q79: When an agent breaches an agency contract,the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents