An example of market globalization in a particular industry would be firms competing in that globalizing...

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An example of market globalization in a particular industry would be firms competing in that globalizing the services and production activities in their various value creation chains. one: Next page

Subjective dimensions of culture (Scenario) In the last couple of years, consumer electronics sales in China have increased by almost 10%. As well, the market is becoming increasingly competitive since a number of Us. European and Japanese producers are constructing factories to challenge competition from low-cost Chinese producers. Grande Co. is a American-based consumer electronics firm that has been negotiating with Chinese authorities for 8 years to establish a factory in the China. Since Grande has spent a lot of time and energy on negotiations, they decide to give up and set up a production facility in a more responsive nation. Marked out of 8 From the following choices, which would be a logical inference to draw from the passage above? Select one: a. The American culture is less likely to take an impersonal approach to business. b. The Chinese culture is more likely than not to be relationship-oriented. c. The American culture is more likely than not to be relationship-oriented. d. The Chinese culture is more likely than not to be deal-oriented.

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Answer 1

Answer #1

False

It means that the firms in that industry should not be completing just domestically but also with the informational firms producing the same goods.

2. The Chinese culture is more likely than not to be relationship oriented.

As it is not giving consent.

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Answer 2

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