<u>Answer: </u>True
<u>Explanation:</u>
To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.
The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.
Hello,
to get the current yield of the bond, determine first the<span> annual interest payment which is calculated as stated
interest rate times the face value of the bond. In this question, the bond’s
value is $1,000 and the stated interest rate is 6.5 percent, therefore, the
annual interest payment is 65. Finally, the annual interest payment of 65 is
divided by the current market price quote of 101.23 to get the current yield of
64.21%. Hope this helps.</span>
Rochelle sets the goal, "To increase my Business Writing grade from a 45 to a 95 in the next two weeks, I will study six hours a day and submit four drafts of the next assignment for feedback."
How should Rochelle change her goal to make it more effective?
make it more realistic
Adam Smith was the first who alluded to the concept of comparative advantage. This concept has later been elaborated by David Ricardo.