Author Question: International managers must collaborate with local managers to expand their business in the ... (Read 222 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
International managers must collaborate with local managers to expand their business in the international market.
 
  Indicate whether the statement is true or false

Question 2

Which of the following differentiates oligopoly from perfect competition?
 
  A) In an oligopoly, firms have the ability to differentiate their products from competitors, while in perfect competition, firms remain in a high rivalry where the actions of one firm affect the other
  B) In an oligopoly, there are relatively few companies that dominate the market; while in perfect competition, many similar firms compete in the market.
  C) In perfect competition, customers have few viable substitutes available; while in an oligopoly, customers have many substitutes to choose from.
  D) In an oligopoly, firms have the ability to promote their products differently from competitors; while in perfect competition, product differentiation helps companies compete.
  E) In perfect competition, companies have total control over price because they can differentiate their products; while in an oligopoly, companies have no influence on the price.



ong527

  • Sr. Member
  • ****
  • Posts: 285
Answer to Question 1

TRUE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

For a complete list of videos, visit our video library