In his research, Alistair discovers a type of arrangement in which industrial equipment is exported in return for products produced by that equipment. This arrangement is known as ________.
A) barter
B) offset
C) switch trading
D) buyback
Question 2
Mike Norris was assigned as a business manager at an American MNC's Russian subsidiary. In order to motivate his subordinates, Mike delegated limited authority to some of them. However, it did not work out as he expected.
Which of the following is most likely the reason behind the plan's failure?
A) Workers in Russia are less likely to use their own judgment in making decisions.
B) The Russian culture is characterized by a low power distance.
C) The Russian culture is highly individualistic in nature.
D) Workers in Russia prefer self-managed work teams.