What are the five elements that differentiate countries in terms of their cultural environment for international business?
What will be an ideal response?
To define the culture of a country, Bohlander and Snell (2007) list the following elements that will differentiate countries in terms of their cultural environment for international business: (1) education/human capital, (2) values/ideologies, (3) social structure, (4) religious beliefs, and (5) communication. Information gathered in these five categories could be used to create a profile of the cultural environment of countries in which the MNE does business.
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Many companies judge the success of their recruiting efforts by the
A) quantity of hire. B) quality of hire. C) cost-benefit hiring ratio. D) social media click-through rate. E) corporate turnover ratio.
Answer the following statements true (T) or false (F)
1. For the next year, Sullivan & Co. predicts sales of 15,000 units of a product with a contribution margin of $6 per unit and 30,000 units of another product with a contribution margin of $10 per unit. The weighted-average contribution margin per unit is $8.67. 2. A company that sells multiple products will always set sales prices such that all products have the same contribution margin. 3. The Doughboys Pizza Company sells pizzas in two different sizes—medium and large. The two products sell in equal numbers. The contribution margin of a medium pizza is $16, and the contribution margin of a large pizza is $18. The weighted average contribution margin is $17. 4. The Buttercrust Pizza Company sells pizzas in two different sizes—medium and large. The number of medium pizzas sold is twice the number of large pizzas sold. The contribution margin of a medium pizza is $10, and the contribution margin of a large pizza is $22. The weighted average contribution margin is $16.00.
From the standpoint of the lessee, the minimum lease payment includes all of the following except
a. the guaranteed residual value. b. the lessee's obligation to pay executory costs. c. the bargain purchase option. d. any payment that the lessee must make upon failure to extend or renew the lease.
The ________ states that participants in an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged
A. indemnification clause B. bottleneck principle C. maintenance of value clause D. country of origin principle