Scenario: Cleanshot USA in Russia When Cleanshot USA, a photography products com

Question

Scenario: Cleanshot USA in Russia When Cleanshot USA, a photography products company, decided to enter the international arena, it chose Russia as its main market. Although Russia has been i transition for years, Cleanshot managers believe their company has tremendous opportunities there Which of the following challenges is Cleanshot most likely to face in Russia? df he folong chailnges s leanshot most O A. fading underground economy OB. too many competitors O C. low demand for the products of non-Russian companies O D. organized crime Given the lack of available hard currency, Russian businesses often use goods and services as payment for other products they buy from abroad. This practice is referred to as O A. barter OB, guanxi O C. letter of credit O D. fiat money

Explanation / Answer

(1) Option (C)

An economy undergoing a transition is not likely to hve high demand for foreign producers operating in the country.

(2) Option (A)

A barter transaction involves exchange of goods and services as a medium of payment, instead of money.

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