Author Question: Caterpillar's CEO, Donald V. Fites, makes it clear that the biggest reason for Caterpillar's success ... (Read 132 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
Caterpillar's CEO, Donald V. Fites, makes it clear that the biggest reason for Caterpillar's success has been:
 a. A great product.
  b. An emphasis on product differentiation.
  c. Competitive prices.
  d. Its system of distribution and product support.
  e. Its product development expertise.

Question 2

The primary difference between a subsidiary and a branch office is that subsidiaries are separate entities, while branch offices are entities that are part of the international company.
 
 Indicate whether the statement is true or false



Dominic

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

D

Answer to Question 2

T
The primary difference between a subsidiary and a branch office is that subsidiaries are separate entities, while branch offices are entities that are part of the international company. Companies that set up branch offices abroad often have to engage in substantial investments. However, the risk is less for branch offices than for subsidiaries. In a government takeover attempt, there is much less to lose.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library