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1) a central point in vernon's product life-cycle was that demand for new products tends
to be solely based on price factors.
2) beyond the initial functional division of the organization, further horizontal
differentiation may be required if the firm significantly diversifies its product offering,
which takes the firm into different business areas.
3) the foreign corrupt practices act allows for grease payments.
4) the costs of control can be defined as the amount of time top management must
devote to monitoring and evaluating subunits' performance.
5) in a market economy, if demand for a product exceeds supply, prices will rise,
signaling to producers to produce more.
6) typically, licensing will be a common strategy in oligopolies where competitive
interdependence requires that multinational firms maintain tight control over foreign
operations so that they have the ability to launch coordinated attacks against their global
competitors.
7) it is possible for a firm to purchase complete insurance against the risks that arise
from changes in exchange rates in the foreign exchange market.
8) an expatriate's base salary normally varies from the base salary for a similar position
in the home country.
