International companies often must customize products to comply with local standards if they are to do business in a particular country.
Indicate whether the statement is true or false
Question 2
Managers who take an active approach to political risk management are likely to rely on statistical modeling to quantify the precise degree of political risk.
Indicate whether the statement is true or false
Question 3
Which of the following stages comes before procurement in a firm's value chain?
A) research and development
B) marketing
C) manufacturing
D) distribution