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Assignment:
Select a country and a product (good or service) with the goal of analyzing the potential for product success if that product is to be introduced into the selected country. The first step in the project is to analyze the culture of the country into which the product may be introduced. The Geert-Hofstede link will be very important in this analysis. Some of the following questions may be important in understanding the culture:
Here is what you need to do for the assignment:
Show that the value of Y that yields indifference between the two alternatives in Figure 14.12 is within about 4% of the risk tolerance R.
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