Global managers keep informed about international developments and can understand and relate to people with diverse cultural backgrounds.
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Q1: In exporting, local products are sold to
Q6: Importing enables a company to enter the
Q7: Because the growth of export industries creates
Q8: In a joint venture, a foreign firm
Q11: Insourcing is the process of creating jobs
Q12: Global sourcing, exporting/importing, and licensing/franchising are market-entry
Q14: Businesses go international to gain new markets
Q15: Joint ventures and franchising are direct investment
Q16: In World 3.0,local needs and priorities are
Q19: Cultural awareness is an important characteristic of
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