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General Management Questions and Answers October 6, 2016

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A goal of lifestyle marketing is to convince consumers to conform to the majority so fewer product variations are needed to service a target market. True False
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Scenario 7 . 1 - Marshmallow Madness Historical demand for Peeps is as displayed in the table. \ table [ [ Month , Demand ] , [ January , 1 1 ] , [ February , 1 8 ] , [ March , 3 1 ] , [ April , 3 9 ] , [ May , 4 4 ] , [ June , 5 3 ] , [ July , 6 7 ] , [ August , 8 2 ] , [ September , 9 6 ] ] What is the level component of Holt's model for period
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The principle of the minimum chain of command suggests that organizations should seek to create q , hierarchies. flatter taller less formal more formal
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It is recommended that the final copy of the business plan be Question 2 options: a ) paper clipped. b ) professionally typeset and bound. c ) stapled. d ) spiral bound.

For each excerpt, identify the key and provide a Roman numeral analysis in the blanks provided. A . Robert S . Weir and Calixa Lavall e , " O Canada," mm . 9 - 1 2

A successful differentiation strategy such as Tesla s must offer value in ways unmatched by rivals, however, a big issue in crafting a differentiation strategy for Tesla is deciding what is valuable to customers. Typically, value can be delivered to customers in these three basic ways: Multiple Choice using the company s bargaining power vis - -

The primary inputs to direct and manage project work are... Group of answer choices work performance data and change requests project management plan and change requests project management plan and approved change requests deliverables and change requests

Contemporary management: Syndicate Assessment ( 2 0 % ) Answer all questions A . Discuss the contributions of W Edwards Deming to management theories and quality management processes. Given the digitalisation and technological transformation in the contemporary work environment, critically assess the applicability and relevance of W Edwards Deming

Jackson bought a cheap generic computer mouse that stopped working after just two weeks. He decided that he ll never buy the same mouse again because the hassle he experienced outweighed the benefit of the low price paid. This example is reflective of the _ _ _ _ _ of attitudes.

Question 1 ( 2 5 Marks ) In the narrative it is argued that both public service and technological innovation should ultimately result in tangible improvements in people s lives, whether at the point of daily service delivery or whether larger projects for the greater longterm good are involved. All the managers try to make plans and assumptions

Which of the following are typically used to build a picture of a typical buyer? a . Job details b . Preferred content modium c . Quotes d . Buyer journey e . All of the above

What is the marketing objective for the growth stage of the product life cycle? Group of answer choices minimize promotion maintain brand loyalty stress differentiation gain awareness

Read Tom Davenport s article, Competing on Analytics ( 2 0 0 6 ) . How can learnings from the article be applied to AI ? The full text of the article is available at the author s ResearchGate site.

is the time that a unit of product spends in the value stream, from start to finish. a . More time b . Cycle time c . Lead time d . Wait time
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The automated collection of temperature and humidity data on shipped goods could help with various types of analytics. Which of the following is an example of predictive analytics? Group of answer choices warning of an open shipment seal real time reports of the shipment's temperature optimal temperature setting location of the shipment

EXAMPLE 2 Let de function of tree variables f ( x , y , z ) = x - 2 9 y - 2 6 z - x y + x z - y z - x 2 - 3 y 2 - z 2
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Which of the following is the most commonly used organizational structur Service line management Divisional None of these is correct. Functional Matrix or team - based
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Grave City is considering the relocation of several police substations to obtain better enforcement in high - crime areas. The locations under consideration together with the areas that can be covered from these locations are given in the following table. A one in the table below indicates that the substation covers the area and a 0 indicates it
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The situation in which an individual initiates and builds an organization pursuing a lucrative opportunity is called Blank _ _ _ _ _ _ . Multiple choice question. entrepreneurship transformation affiliation

The lean startup methodology can help managers to: Group of answer choices Teaches how to learn what customers want All of the answers are valid answers Avoid wasted time building products or services people don t want & Teaches how to learn what customers want Develop software Avoid wasted time building products or services people don t want

Katie is the manager of a company that makes toys for kids. She has a staff of over 2 0 0 people and she leads her employees by yelling and screaming at them. According to Neck's recent lecture on leadership, Katie's leadership style would best be described as Visionary Directive Transformational Transactional Reactionary
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Welsh Industries employs hundreds of people across a five - state region. These workers fit multiple categories including season, permanent, skilled, and unskilled. Under federal immigration law, Welsh can hire individuals who have not complied with federal law only if the worker files a special form only if the employer files a special form if
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The purpose of q , is ( are ) to ensure internal equity in developing a base pay system. compensable factors equilibrium equity analysis pay surveys job evaluations straight piece - rate analysis
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Question 2 What are the fundamental types of contractual warranties? Express Warranty, Open Warranty, Closed Warranty and CARES Act Warranty Express warranty, implied warranty of merchantability, implied warranty of fitness for a particular purpose and Magnuson - Moss Warranty Act Express warranty, implied warranty and assumed warranty None of the
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In material requirements planning ( MRP ) , the row in an item's irventory record that determines the demand for the item is the net requirements row gross requirements row planned releases row scheduled receipts row planned receipts row
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When a manager conducts a objective appraisal, there is a strong chance the evaluataion can be inaccurate because the manager's perceptions of the employee influence the appraisal. True False

In sentiment analysis, which of the following is an implicit opinion? In sentiment analysis, which of the following is an implicit opinion? The hotel we stayed in was terrible. The customer service I got for my TV was laughable. The cruise we went on last summer was a disaster. Our new mayor is great for the city.

1 . 6 7 Points Ned has built his entrepreneurial venture into a successful business. Part of his original plan was to build the business then sell it to another company that could take it to the next level of success. In other words, Ned intends to his business. ( A ) arves: reap relinquish co - opt
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the times and due dates of the Job Processing time ( days Due date days 1 3 3 5 2 1 9 3 2 4 4 0 8 2 0 What is the tardiness of job 2 if the earliest due date is used to sequence the jobs days

A vision statement must include which of the following? a . Culture, problem solving, and employees b . Future plans, problems, and values c . Core beliefs, hopes, and dreams d . Core beliefs, values, and culture

What are some preferred traits of expatriates? Willingness to gain international knowledge Sensitivity to Others All of the Above High Level of Resiliency
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Multiple Choice Question Which of the following is true of open recruitment? Organizations use this approach to ensure that an identical set of applicants are being considered for hiring. Organizations take this approach when they require employees with specific skill sets that are in short supply. Organizations put in very little effort to
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a . What is their average aggregate inventory value? $ _ _ _ _ _ _ _ _ _ _ _ b . What is their total inventory ( measured as weeks of supply ) ? _ _ _ _ _ _ _ _ _ _ weeks c . What is their inventory turnover?
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VW 0 8 Facebook ( ( IG , Whatsapp, FB ) , ( AR / VR , AI ) ( ) ) . Facebook .

Which answer below describes specialty products? items that the consumer does not know about or knows about but does not initially buy. items for which the consumer compares several alternatives on several criteria such as price, quality, or style. products a consumer will make a specific effort to search out and buy. products purchased for their
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List some reasons why you think or should think.... ( Yes , professor prerogative is being used here ) employee involvement is crucial to TQM success. Feel free to use outside resources to support this, and appropriately cite. And then, 2 ) give an example of an improvement process you may have be involved with in the past and share your

Question 4 7 ( 1 point ) Securities legislation creates a civil cause of action for any person who trades in a corporation s shares while inaccurate public financial information about the corporation remains uncorrected. What is the name given to such liability, when it applies after the corporation s initial public offering, to the sale of

Tracy and Wiersema suggest that organizations must pick one of three different strategies in order to be successful. Which one is not one of those strategies? Customer intimacy Organizational design Product leadership Operational excellence
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When sending powerful and persuasive messages, you need to avoid messages that are: told with stories simple exciting emotionless
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Provide a three - page literature review that covers the following: History of your topic. Justify it as a worthwhile topic. What is its impact on business? And evolution of theory. Who came up with it , and how has it evovled?

Chobani yogurt case study: Identify the reason for conducting marketing research ( CO 2 ) Describe the five step marketing research approach that leads to marketing action ( CO 2 ) Discuss the various methods of data collection ( CO 2 ) Explain market segmentation and target marketing ( CO 3 & CO 4 ) ) Develop a market - product grid ( CO 3 & CO 4

The collapse of the Francis Scott Key Bridge into the Patapsco River in Baltimore on Tuesday, March 2 6 , 2 0 2 4 , is expected to cause significant disruptions to shipping operations. Baltimore's port, renowned as one of the most critical ports in the USA, is responsible for handling the largest volume of sugar shipments. In the aftermath of this

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a ) The Affordable Care Act b ) Uniformed Services Employment and Reemployment Rights Act c ) Consolidated Omnibus Budget Reconciliation Act d ) Health Insurance Portability and Accountability Act
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John Howard, a student at The University of south Alahama, bought 6 bookcases for his drom room. each required unpacking of part and assambly, witch includeed some nailing and bolting. John complete the fisrt in 5 hours and the second in 4 hours. a . what is his learning case? b . assuming the same rate, continues how long will the 3 rd bookcase

Two key players in chip design are Intel and Advanced Micro Devices ( AMD ) . Energy efficiency for chip has become increasingly important. Keeping power consumption down has become more important than the cost of the chips themselves for the data center owners. Amazon runs one of the largest on - demand cloud computing platforms ( Amazon Web

The laws governing the privileges of witnesses in federal trials continue to develop. Group of answer choices false true

Determine and discuss whether this company s industry as a whole is experiencing issues related to employee engagement, recruiting, or retention. For example, if it is a retail company, is the retail industry facing challenges with employee engagement, recruitment, or retention? ( The company is Apple )

Open X . AppNexus. Double Click are examples of a . an Online ad exchanges b . Online supply side platforms c . Online demand side platfolis d . Programmatic buyers e . Programmalic sellers

Which of the following describes how new forms of retail outlets enter the market? Group of answer choices The cut - price demand model Break - Even Point Product Life Cycle Wheel of Retailing

Warnings of the hazards of LEAD or LEAD PAINT must be provided in all of the following situations EXCEPT: Question 9 options: By seller of a business building built in 1 9 3 0 By landlord for renovation of a child occupied apartment built in the 1 9 5 0 s . By real estate agent of a house built before 1 9 7 8 By landlord to tenant before leasing

In the context of facility layout design, what is the primary objective of a cellular layout? a ) To facilitate the flow of materials in a job shop environment b ) To maximize the utilization of specialized equipment c ) To group dissimilar operations together for increased flexibility d ) To minimize the total distance traveled by materials

Which of the following approaches to health and safety at a workplace can be considered paternalistic decision making which treats employees like children and makes crucial decisions for them? Question 1 0 Answer a . acceptable level of risk approach b . government - regulated ethics approach c . diversifiable risk approach d . market controlled

Does it make sense to impose a fixed transit tax to counter the decline in revenues? Which of the following statements accurately characterize issues that Robin Hood should consider with respect to a fixed transit tax strategy? Indicate yes or no for each statement. The fixed transit tax represents only a very minor change to the current business

Question 3 1 Which of the following are part of warehouse operations? driver certification All of the above contract negotiations point of sales put away
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What are the two primary methods for Implementing a direct - sales strategy? Multiple Cholce personal selling and mass marketing database selling and telemarketing Internet sales and telemarketing oroer - taking and oroer - tiling
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Choose the correct answer: How do people contribute to strategic decision - making? By providing data analysis tools By developing technological infrastructure By interpreting data and offering insights By storing data in a centralized repository

Question 2 1 Which of the following are correct regarding the US Justice Department's investigation of the Russian doping scandal? Rodchenkov was initially charged with conspiracy Rodchenkov was put into US witness protection Rodchenkov published his story in the New York Times All of the above
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Complete the Master Schedule below. Demand Time Fence is at the end of week 2 . Lot Size = 3 0 On - hand Inventory = 6 0 \ table [ [ Master Schedule,,,,, ] , [ Period , Mar,Apr,May,Jun,Jul ] , [ Forecast , 1 5 , 2 0 , 2 5 , 3 0 , 2 5 ] , [ Customer Orders, 1 2 , 2 8 , 2 2 , 2 5 , 2 8 ] , [ PAB , 2 7 , 2 0 , 2 5 , 3 0 , 2 5 ] , [ ATP , 2 7 , 2 0 ,
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Check each correct answer regarding Tesco's International Growth Strategy pg 4 4 4 ebook. Check All That Apply Testor is the second largest retailer in the world. Dominant competencies of Tesco include marketing and site selection, logistics and inventory management, and Tesco product labeling. Initially Tesco's international expansion was to
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Compared to 1 9 8 0 service experts in 2 0 1 7 can be described as

Jonathan has to make use of the path - goal theory to adopt a specific style of leadership in his team. He consults with his superior for help. In this case, give a picture of what Jonathan's superior might suggest.
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Obviously, since all of its members live in your neighborhood, you won't be using a . But since all of your neighbors have different skills, and you are willing to leave the decision making to them, you think that you might start with a . Whatever type of team you choose, you know that more diversity will bring you ideas.
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Season Retention Rate is commonly used metric to track how well an organization is getting their season ticket holders to renew. The following rate is considered a "good" rate: ( Ch . 3 ) A . 7 0 - 7 5 % B . 8 0 - 8 5 % C . 8 5 - 9 0 % D . 9 5 % E . None of the above
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Question 1 1 ( 2 points ) What is the term used to describe the limits , from minimum point to maximum, for any operating condition or specification? Boundaries ( B ) Range ( R ) MinMax ( M Lims ( L )
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Jane puts a sign in her yard that says " My next door neighbor Tarzan is a thief and a registered sex offender." Neither of these statements is true. Tarzan sues Jane to have the sign removed. Jane's defense is that she has a First Amendment right to say whatever she wants. Jane's sign - is protected by the First Amendment. is an opinion, and
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Negotiation strategies Distributive bargaining involves a competing, win lose approach and tends to be sued when one party's goals are in direct conflict with the goals of another party Integrative bargaining invoices a collaborative, win win approach, and tends to be used when the nature of the problem permits a solution that is attractive to

Communication Skills - Collaborate Information richness is what communication skills are all about. The becomes. q , to exchange understanding, the less rich the information A longer the time interval B shorter the time interval C more certain the time interval D more certain the message
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The RATER system in customer service refers to: a mystery shopping company that evaluates customer service the cues customers use to evaluate customer service a system used for rating how well chatbots are performing at providing customer service a rating system for how well store employees are performing
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Following figure shows the arrival and departure information at a particular location of a local street. The coordinates of important points are also shown on the figure. What was the longest delay experienced by any vehicle? Cannot be determined from the given information 3 4 minutes 3 0 minutes 6 0 minutes 6 4 minutes
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A new company is in the process of evaluating its customer service. The company offers two types of sales: ( 1 ) Internet sales and ( 2 ) store sales. The marketing research manager believes that the Internet sales are more than 1 0 percent higher than store sales. The null hypothesis would be 1 points 0 1 : 3 5 : 0 3 Multiple Choice eBook
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tspace V 2 0 2 4 - Requires Respondus LockDown Browser Question 2 ( 1 point ) Listen According to one study, early contact with injured workers resulted in which of the following? lower EAP costs higher employee commitment to the organization higher EAP costs lower employee commitment to the organization Question 3 ( 1 point ) Listen Which of the
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What is the temperature at which water condenses? A . dry bulb temperature B . dew point temperature C . wet bulb temperature D . relative humidity
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Applying consolidated incident action plans, comprehensive resource management, and manageable span of control are all examples of A . ICS action plans B . ICS principles C . NIMS guidelines D . National Preparedness capabilities
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The senior management of Axon Industries has conducted a strategic planning meeting. Based upon the nature of the discussion, decisions were made regarding Multiple Choice how the visibility of their marketing campaign can be increased over the next few months. the number of employees who should be hired for the cafeteria this month. how the
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Workplace violence and harassment policies and programs should be reviewed with employees at least: A . Every three years B . Every five years C . Annually D . None of the above
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With a product differentiation strategy, a company can either change the product or just position it differently by advertising. True False
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There are three core areas that effective leaders need to be engaged in . Which one of the following is NOT one of those areas? determining a direction dedication to maintaining the status quo nurturing a culture dedicated to excellence and ethical behavior designing the organization
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A MNC that stresses nationalism and often puts home - office people in charge of key international management positions is known as: a . Regiocentric b . Ethnocentric c . Polycentric d . Geocentric e . None of the above

Explain why it is difficult for a young business to recruit and retain employees. Use the editor to format your answer
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The debate between globalization and localization in marketing strategy primarily centers on: Choosing between direct and indirect exporting The balance between standardization and adaptation The use of digital vs . traditional marketing channels The preference for high - context versus low - context communication
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The primary advantage of equity capital is q , its lower interest rate that it is readily available to a large number of entrepreneurs from a variety of lenders that it does not have to be repaid like a loan does that it does not appear on a company's balance sheet
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Which of the following is the scope baseline? Group of answer choices WBS project scope and product scope scope statement + WBS scope statement

Solutions Inc. negotiates the sale of materials between lumberyards and commercial construction companies, receiving a 1 5 percent commission on all transactions. Solutions Inc. is considered a A . distributor B . broker C . retailer D . supplier E . manufacturer
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Asset - based borrowing permits small businesses
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To reduce the situational stress his workers felt, Tom decided to hire a customer relations group. Tom believed this new group could deal firsthand with customer inquiries and therefore reduce the burden his employees currently had of responding to customers. Is this a good idea or a bad idea? Why? Group of answer choices This is a bad idea, it

Your company is restructuring, and two layers of management have been eliminated. You now report directly to the national sales manager instead of a regional sales manager. Innovative communication technologies Teaming Flattened management hierarchies To boost company recognition and engage customers, the president of an entertainment company
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JP Morgan Chase Company has earnings per share of $ 3 . 3 5 and a P / E ratio of 1 1 . 4 2

Required information for establishing a unit price includes, at a minimum, Estimating demand, variable costs, fixed costs Estimating demand, knowledge of competitor price, operational costs Variable costs, contingency costs, competitor price Competitor price, variable costs, estimating demand

What three words define motivation? A Fairness, equity, desire. B Persistence, fairness, ambition. C Intensity, direction, persistence. D Ambition, direction, intensity.
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What stage of the listening process is involved when you focus on one sound from the many that compete for your attention? attending understanding selecting responding
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A project has a long payback period. To what should the project be linked to increase the chances the project will be approved? Financial plans or feasibility studies Statement of requirements from programming Statements of work or specifications Strategic facility plans

DiaperCo wants to explore the effect of using a lot - for - lot ordering policy instead, for both the retailer and the distributor. The lot - for - lot policy means that you order or produce exactly what is demanded in the specific period.

For a firm, which is most likely the source of competitive advantage? Intangible resources Specialized Equipment Tangible resources Labor, capital, and land
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Which of the following is true of nominal partners ? They may be held liable as full partners in some cases, especially if an outsider or innocent third party may be injured by the partnership. They have an equal say in the management of the business . They are responsible for the day to day upkeep of the business. They contribute financially to

A customer is considering to Fire Sprinkler a building to lower his insurances premium: Two choices were presented to him: ( Hint: Alternates with unequal economic lives may be compared by assuming replacement in kind at the end of the shorter life, thus maintaining the same level of uniform payment ) i = 1 0 % Partial System: Initial Cost 8 , 0 0

If management breaks a clause in a union contract in the U . S . , a union would typically take management's decision to grievance arbitration rather than to court. TRUE OR FALSE

The keys to success in Joint Assignments are: Exemplify the characteristics of your service, avoid conflict, and know the people around you Rigorously verify the products of other services, function as a member of a joint team, and know how to solve problems Report all problems to the commanding officer, know the people around you, and know who

When was the Federal Constitution of Malaysia, which provides for fundamental liberties and human rights, first enacted? 1 9 4 8 1 9 5 7 1 9 9 9 1 9 6 3

Whether the firm offers a product or a service or whether the product or services is innovative are meaningful factors influencing whether the firm will seek international markets. Group of answer choices True False

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