Question

Thomas Hodel helps Black Diamond by increasing the company’s _(longterm orientation, econimic interdependence, global mindset, performance orientation)___, because he brings a European perspective to the U.S.-based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the _(cognitive/_emotional)__ aspect of cultural intelligence (CQ).Imagine that before Black Diamond initiated its greenfield venture in Zhouhai, China, Peter and Wim asked for your advice. What would you have told them about greenfield ventures? A) The plant in Zhouhai has the potential to be highly profitable.B) More than any other direct investment strategy, a greenfield venture gives a company complete control over the operation.C) Because BD makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages.D) To make greater profits, though at greater risk, BD could manufacture equipment domestically and export it to Asia.

Answer 1

Answer:

Thomas Hodel helps Black Diamond by increasing the company’s global mind set because he brings a European perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).

One wold have told the following about the greenfield ventures:-

B) More than any other direct investment strategy, a greenfield venture gives a company complete control over the operation.

C) Because BD makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages.

Explanation:

Thomas Hodel helps 'Black Diamond' by increasing the company’s global mind set because he brings a 'European' perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).

A green field investment is a foreign direct investment known as FDI. If a company mentions that it would use the FDI route, it means that they are  they are building their operations from start to finish with a foreign country.

They will construct distribution warehouses, offices and living areas for their workers that travel to the foreign country to work. So, statements B and C are correct.