The opportunity to increase profitability is the primary reason that firms decide to export.
Indicate whether the statement is true or false
Question 2Business dealings in low-context cultures are characterized by which of the following?
A) sensitivity
B) respect
C) efficiency
D) rituals
Question 3Firms that would rate high on power distance would most likely be characterized by which of the following?
A) concentrated power among executives and little autonomy for subordinates
B) equalized power among executives, managers, and subordinates
C) minimal power among executives and concentrated power among mid-level managers
D) total autonomy for executives, managers, and subordinates
Question 4As defined by ________, four dimensions of national culture include long-term orientation and power distance.
A) Edward T. Hall
B) Geert Hofstede
C) Howard Perlmutter
D) M.J. Herskovits
Question 5Manufacturers' agents specialize in the physical transportation of goods.
Indicate whether the statement is true or false
Question 6Which of the following refers to the extent to which people can tolerate risk in their lives?
A) uncertainty avoidance
B) short-term orientation
C) power distance
D) individualism
Question 7High power-distance countries are characterized by which of the following?
A) a political interest in maintaining a middle-class status for all citizens
B) a desire to minimize gaps between the wealthy and the impoverished
C) a lack of concern regarding the inequalities between the weak and the powerful
D) an autocratic government intent on maintaining the status quo