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Questions and Answers
What is the main reason for businesses to expand internationally to new markets?
What is the main reason for businesses to expand internationally to new markets?
- Economies of scale (correct)
- Revenue diversification
- Competitive advantage
- Risk diversification
Which aspect of culture can shape the way people think?
Which aspect of culture can shape the way people think?
- Language (correct)
- Practices
- Values
- Beliefs & Norms
What is a key component of business culture in an MNC?
What is a key component of business culture in an MNC?
- Organizational culture (correct)
- National culture
- Practices
- Values
How does operating in multiple countries help businesses?
How does operating in multiple countries help businesses?
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Which level of culture in an MNC focuses on specific rules of doing things at jobs or industries?
Which level of culture in an MNC focuses on specific rules of doing things at jobs or industries?
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What guides a culture's behavior and preferences?
What guides a culture's behavior and preferences?
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