Why do attitudes about entrepreneurship vary internationally?
A) Decision making in big business can overlook local customs.
B) Attitudes towards risk-taking in business are culturally determined.
C) Consumer attitudes are influenced by economic cycles.
D) Foreign-owned companies can be unresponsive to local markets.
E) International business is creating a global village.
Answer: B
Explanation: B) In many cultures, such as the United States, the entrepreneurial spirit is highly valued. However, in some Asian countries, the entrepreneurial spirit is often tempered by the need for consensus.
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