Markets of Central and Eastern Europe Present Interesting Opportunities and Challenges.Companies
Markets of Central and Eastern Europe present interesting opportunities and challenges.Companies such as 3M International,McDonald's,Philips Electronics,and Henkel are moving into the region for all of the following reasons except:
A) the region is an important new source of growth.
B) that the first company to penetrate a country market often emerges as leader.
C) wage rates are much lower than those in Spain, Portugal, and Greece.
D) the region offers attractive locations for low-cost manufacturing.
E) core products and Western brand names need changes to meet consumer demands.
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