Answered: Which of the following is not an…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Which of the following is not an example of a firm’s competitive response to a change in the global business environment?

As a company strengthens its online presence, it maintains its website in English only and offers products that have proven popular among American consumers.

Understanding that much of the population in the Middle East is under 25, a technology firm conducts market research to find out how the new generation’s tastes and values differ from those of their parents.

A business-to-business (B2B) firm researches laws regulating wholesale trade in the European Union, including standards for storing and shipping hazardous and perishable materials.

An accounting and consulting firm varies its professional compensation plan to better fit employees’ expectations in different countries and thereby attract top talent.

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