Which of the following is a problem that managers face when working in foreign markets?
A)The manager will always be a foreigner.
B)They must adhere to home country government patents.
C)Restrictions on trade imposed by UNESCO will thwart many of their efforts.
D)They may face retrenchment outside the home country.

Question

Quizplus · Accepted Answer

When working in foreign markets, managers may face challenges due to being viewed as foreigners, which can lead to cultural misunderstandings and difficulties in building relationships with local stakeholders. Option B is incorrect as managers must adhere to host country government patents, not home country patents. Option C is incorrect as UNESCO is not typically involved in trade restrictions. Option D is incorrect as retrenchment typically refers to layoffs and is not specific to foreign markets.

Which of the Following Is a Problem That Managers Face