Determining desired business partner characteristics

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Reference no: EM133944105

Questions

1. When determining desired business partner characteristics, what should an organization look into in relation to the potential partners management resources?

- Potential partner reputation in the target market

- Manufacturing processes, warehousing, and distribution capabilities

- Employees who are qualified to organize production and access to business advisors

- Profitability and financial capital available for the venture

2. If political instability is present in the target market, what is one strategy that can be used to overcome this market entry barrier?

- Look for other markets

- Invest in production facilities in the target market

- Develop alternative goods or services to trade

- Enter the target market for a short-term venture only.

3. A German fast-food company has launched a new franchising venture in South America. What should be included in their performance management system?

- Conflict resolution procedures

- Risk levels of non-compliance

- Cultural aspects of the venture

- Frequency of evaluation

4. In Japan people tend to value a drive for excellence and perfection. This preference means that Japan scores high on which of the following cultural scales/

- Uncertainty avoidance

- Power distance

- Masculinity

- Individualism

Reference no: EM133944105

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