D271 - 3.1, easy
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Questions and Answers

How does the flight duration from Cairo to Johannesburg compare to the trip from New York to Paris?

  • The flight from Cairo to Johannesburg and the trip from New York to Paris take the same amount of time.
  • There is not enough information to compare the flight durations.
  • The flight from Cairo to Johannesburg takes less time than the trip from New York to Paris.
  • The flight from Cairo to Johannesburg takes longer than the trip from New York to Paris. (correct)

What did Coca-Cola do to expand its presence in Africa?

  • Allowed its Africa leadership team to take risks and make bets on emerging markets (correct)
  • Focused solely on North American markets and neglected the opportunities in Africa
  • Decided to withdraw from Africa due to political instability and economic challenges
  • Avoided investing in African countries during times of conflict or crisis

Why do more retail and consumer goods companies plan to expand into additional African countries compared to financial services companies?

  • There is less market demand for financial services in African countries.
  • Financial services companies face more challenges with regional expansion in Africa. (correct)
  • The African countries offer more favorable regulations for retail and consumer goods companies.
  • Retail and consumer goods companies have found better success in African markets than financial services companies.

What distinguishes the expansion strategy of Chinese and African-headquartered companies from North American firms?

<p>Greater willingness to seize opportunities in Africa (C)</p> Signup and view all the answers

Why does the author suggest making the African map broad rather than narrow for expansion?

<p>To diversify risk and offset political or financial shocks in one country (C)</p> Signup and view all the answers
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