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1. The use of an international product structure
often suffers from a duplication of product experts.
has domestic product divisions responsible for the worldwide operations such as marketing and production of products under their control.
helps to avoid duplication of area experts.
represents a sharp move away from pre-export department times.
often has a group of managerial specialists in an international division, who have authority over the product divisions.
2. Knowledge that an individual has but that is difficult to express clearly in words, pictures, or formulae, and therefore difficult to transmit to others is known as
implicit.
explicit.
tacit.
valuable.
intangible.
Consider the following model of international migration. The potential migrants originate in country 0, the source country. Worker 1 has 1 efficiency unit of skill, worker 2 has 2 efficiency units of skill, and worker 3 has 3 efficiency units of skil..
q. 1. did you find that the items grouped together as you worked down the flow chart had similar characteristics in
Household wealth affects the equilibrium yield on bonds due to its impact on. A change in the interest rate does not shift the supply of bonds. A change in the interest rate does not shift the demand for bonds.
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Originality -does this paper make a contribution to body of scientific literature -does it tell us sth didnt know before -learn sth?
Appropriate policy analysis requires one to analyze when markets fail and when government fails to generate socially desirable outcomes. Briefly describe what is meant by market failure and by government failure. Why do we frequently use the nirvana ..
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