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Question
A waste disposal company misrepresents information on ground water toxicity level to the residents near its plant. This is a form of manipulation in business nonmarket activity.
Answer
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Related questions
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a) market risk hedging
b) microfinance
c) micropatronage
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TMX, a manufacturing company based in the U.S. decides to expand to emerging market countries in Africa. The company uses individualized incentives to motivate employees in its new branches but find that such incentive programs are not working. Which of the following is the most likely explanation for its failure?
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b) The demand side of corruption is high.
c) The collectivist culture of the country is hostile to such incentive programs.
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Emerging Markets
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International concern about Chinas human rights have centered on which of the following?
a) the persecution of the aged
b) persecution of religious minorities
c) the increasing economic inequities in the Chinese society
d) the increasing rate of unemployment and underemployment
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26) Ethnic Chinese are also known as the ________ people.
a) Xia
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The Politburo is responsible for the ongoing administration of the CCP.
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b) Both rely frequently upon voluntary approaches to regulation.
c) Neither allows defenses such as economic consequences.
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The EU operates under the principle of ________, which is the intention to accomplish as much as possible at the level of the member states.
a) mutual recognition
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Alternatives that are contrary to the law or company policy are eliminated in the ________ stage of the framework for the analysis of nonmarket issues.
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a) interest group formation
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Q:
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a) interest group formation
b) legislation
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a) competitors; customers
b) customers; suppliers
c) government; markets
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Nonmarket strategy is essential because in its absence competitors in the nonmarket environment will influence the outcome of issues and shape the rules of the game to their advantage.
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A firm that decides to enter a country that has open markets relies primarily on a nonmarket strategy.
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Describe the nonmarket environment. Why has the nonmarket environment grown in importance and complexity over time?
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a) Congress
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c) Kyoto Treaty
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a) managers
b) clerks
c) lobbyists
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