Need answers for sub-part 7 , 8 , and 9 Read and understand the statements. If the statement is correct thenchoose TRUE and if the statement is incorrect then choose FALSE. *TrueFalseThe success of globalbusiness depends only onthe domestic environmentElimination of barriers totrade and informationtechnology are key aspectsof globalizationPeople who move acrosscultures experience cultureshockAwareness of culturaldifferences is only importantfor expatriate employees aswell as those at the hostlocation and not essential forthe HR manager at corporateheadquartersConsistency in the ways ofmanaging people on aworldwide basis in order tobuild, maintain and developcorporate identity is neededby multinationalorganizationsWhen a foreign subsidiarymatures, local humanresource planning andstaffing changesfinancial, marketing andhuman criteria in makingdecisions is important formultinational venturesAn expatriate is an employeetransferred out of their homebase to the firm'sinternational operationAwareness of culturaldifferences helps worker'sfamily adjust and enjoy theinternational assignment andlikelihood that the employeewill stay in the assignmentfor the duration is enhancedOffshoring involves acompany subcontracting acertain production functionto a third party

7. financial, marketing, and human criteria in making decisions is important for multinational…

Answered: Need answers for sub-part 7 , 8 , and 9

Business

Marketing

Need answers for sub-part 7 , 8 , and 9

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Concept explainers

Financial decisions

Financial decisions are important choices that individuals and businesses make about how to use their money. Financial decisions can impact a person or company's short-term and long-term financial stability. Decisions like whether to save, invest, or spend money, whether to take on debt or what kind of insurance to purchase, are some common financial decisions. Decisions on how to manage risks, such as the risk of losing money if investments do not perform as expected or the risk of not having enough money saved for retirement, are also a part of financial decision-making.

Question

Need answers for sub-part 7 , 8 , and 9

Read and understand the statements. If the statement is correct then
choose TRUE and if the statement is incorrect then choose FALSE. *
True
False
The success of global
business depends only on
the domestic environment
Elimination of barriers to
trade and information
technology are key aspects
of globalization
People who move across
cultures experience culture
shock
Awareness of cultural
differences is only important
for expatriate employees as
well as those at the host
location and not essential for
the HR manager at corporate
headquarters
Consistency in the ways of
managing people on a
worldwide basis in order to
build, maintain and develop
corporate identity is needed
by multinational
organizations
When a foreign subsidiary
matures, local human
resource planning and
staffing changes
financial, marketing and
human criteria in making
decisions is important for
multinational ventures
An expatriate is an employee
transferred out of their home
base to the firm's
international operation
Awareness of cultural
differences helps worker's
family adjust and enjoy the
international assignment and
likelihood that the employee
will stay in the assignment
for the duration is enhanced
Offshoring involves a
company subcontracting a
certain production function
to a third party

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