Author Question: ____ refers to a condition characterized as difficult bureaucracies unreliable judicial systems, ... (Read 692 times)

folubunmi

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____ refers to a condition characterized as difficult bureaucracies unreliable judicial systems, shifting regulations, and corrupt operating environments.
 a. Confiscation c. Domestication
  b. Creeping Expropriation d. Nationalization

Question 2

International sales representatives are often the frontline personnel in a firm's relationship with the
 a. Target market c. Local government
  b. Distributors d. All of the above



briseldagonzales

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Answer to Question 1

B
Creeping Expropriation refers to a condition characterized as difficult bureaucracies unreliable judicial systems, shifting regulations, and corrupt operating environments. Confiscation refers to the seizing of the company assets and/or investor's assets without an compensation. Nationalization involves a takeover by the local government with the aim of creating a government-run industry. Domestication occurs when the local government requires a gradual transfer of ownership and management to locals.

Answer to Question 2

D
International sales representatives help shape the firm's relationship with the target market, distributors, suppliers, and local government agencies overseeing the firm's operations. This information is found in the introductory paragraphs.



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