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The Globalization Impact

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Questions and Answers

According to Chapter 1, what is one of the major trends in business?

Decreasing globalization

Increasing competition

Increasing globalization (correct)

Decreasing competition

Who is credited with saying, 'It’s the small business owners of the world who are busting borders, discovering unlimited potential for growth and profit, and changing the shape of the world economy' ?

The founder of GlobeTrade.com

The author of Chapter 1

Laurel Delaney (correct)

A small business owner

Why is it important for businesses to be able to communicate cross-culturally?

To limit growth potential

To understand customers' needs (correct)

To increase competition

To decrease globalization

According to Geert Hofstede, how does he define culture?

The collective programming of the mind which distinguishes the members of one category of people from another Signup and view all the answers

What affects almost everything about us?

The dominant culture Signup and view all the answers

What does the title of a popular book on international business claim?

The world is flat Signup and view all the answers

The Globalization Impact

Choose a study mode

Podcast

Questions and Answers

According to Chapter 1, what is one of the major trends in business?

Who is credited with saying, 'It’s the small business owners of the world who are busting borders, discovering unlimited potential for growth and profit, and changing the shape of the world economy' ?

Why is it important for businesses to be able to communicate cross-culturally?

According to Geert Hofstede, how does he define culture?

What affects almost everything about us?

What does the title of a popular book on international business claim?

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