Question: Coca - Cola is organization because its managers look at company issues from a global viewpoint, operating the company as a world - wide business.
CocaCola is organization because its managers look at company issues from a global viewpoint, operating the company as a worldwide business.
In order to compete in a global economy, companies have to handle social changes, political changes, and cultural differences. Suppose that you want to open a new franchise in Russia. Which of the following actions would be most beneficial to you when handling Russias political system that is similar to guanxi? Check all that apply.
Open multiple franchises at once.
Demand that the franchise be operated according to US standards.
Negotiate slow, general agreements.
Establish a joint venture with the Russian government.
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