Author Question: Dixon Manufacturing, a British MNE, believes that its business practices are superior, so it does ... (Read 106 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
Dixon Manufacturing, a British MNE, believes that its business practices are superior, so it does not make any policy changes in foreign markets. Dixon Manufacturing most likely takes a(n) ________ approach to staffing.
 
  A) ethnocentric
  B) polycentric
  C) geocentric
  D) monocentric

Question 2

Identify the three common components of modern legal systems and explain their relevance to managers.
 
  What will be an ideal response?

Question 3

Increasingly, media reach audiences in more than one country, such as through satellite TV that reaches multiple countries simultaneously. What is NOT a problem of advertising on these media?
 
  A) Because of reaching so many households, the cost is prohibitive.
  B) The product may not be available everywhere it is advertised.
  C) A company may not be able to advertise prices because they may differ among countries.
  D) The advertisement may reach countries using different languages.


amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

A

Answer to Question 2

Unquestionably, legal systems differ from country to country, primarily because of differences in tradition, precedent, usage, custom, or religious precepts. Even so, the purpose of every legal system is to establish a comprehensive legal network to regulate social activities. As such, modern legal systems share three components to achieve this goal, specifically:
1. A system of constitutional law designed to guarantee an open and just political order
2. A system of criminal law designed to safeguard the social order
3. A system of civil and commercial laws designed to ensure fairness and efficiency in business transactions.

Aspects of all three components bear on the decisions made by managers and foreign investors. Certainly, differences in each will adjust how managers see the legal system in a particular country. When the legal system is functioning well, no matter how it blends these three components, it ensures that a society can pursue economic and social development and, when disagreements arise, resolve them without collapsing into anarchy.

Answer to Question 3

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

For a complete list of videos, visit our video library