IM Test #3, Spring 2018 5 15. Which of the following most likely supports the co
ID: 349651 • Letter: I
Question
IM Test #3, Spring 2018 5 15. Which of the following most likely supports the consulting firm's recommendation that Vytel proceed with plans to do business in Argentina? a. The political conditions in Argentina are stable. b. Government bureaucrats favor domestic firms. c. Potential local partners have few government contacts. d. The Argentina government lacks transparency 16. Maximus Motor Company is a British automobile manufacturer that builds high-end luxury cars for sale around the world. Maximus managers recogni emerging markets, such as India, which have an increasing number of middle-class people ready ize they are missing opportunities in to purchase affordable cars. Competitors have entered the Indian market and have experienced significant profits over the last two years. Maximus managers have been assigned the task of determining the best strategy for Maximus to do business in India. Which of the following questions would be more important for Maximus managers to consider in determining the best entry strategy for the automaker? a. What other firms have partnered with family conglomerates? b. How often do Indians use their cars and for what purpose? c. What type of automobile should Maximus manufacture in India? d. How would Maximus benefit from partnering with a family conglomerate? 17. Which of the following would Maximus managers most likely cite as a reason to market Maximus cars to the Indian government? a. The Indian government requires large numbers of automobiles. b. Indian government employees can afford automobiles. c. India's private sector influences government acquisitions. d. The Indian government has a surplus of used automobiles. I8. Which of the following will be most beneficial to Maximus if it builds a manufacturing facility in India? a. Family conglomerates. b. Low-cost labor pool. c. Government tenders. d. Solid infrastructureExplanation / Answer
15. a. The political conditions in Argentina are stable
The consulting firm identified opportunities and challenges. One of the important opportunities identified by the consulting firm, apart from the demand for Vytel's products and services, is that the politicial conditions in Argentina are stable.
16. d. How would Maximus benefit from partnering with a family conglomerate?
17. a. The Indian government requires large numbers of automobiles.
18. b. Low cost labor pool