International business quiz 7

International business quiz 7 - The correct answer for each...

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1 INCORRECT Economic data provide information on the number of people and the socioeconomic data tell us if they have purchasing power. B) False 2 INCORRECT A simple calculation based on GNI, total population, and income distribution may indicate that a country is not a good market. A) True 3 INCORRECT Changes in wage rates may lead a multinational firm, obtaining products or components from a number of subsidiaries, to change its labor unions. B) False 4 INCORRECT Unit labor costs rise in unison with compensation rates if gains in productivity outstrip increases in hourly compensation. B) False 5 CORRECT Total population is the most general indicator of potential market size. A) True 6 CORRECT Economic analyses become more complex when a firm enters overseas markets because: A) the uncontrollable economic variables must be forecasted. B)
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This note was uploaded on 05/15/2011 for the course MGMT 338 taught by Professor Pendergrass during the Spring '10 term at Columbia College.

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International business quiz 7 - The correct answer for each...

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