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The Globalization Impact
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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?

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

    What affects almost everything about us?

    <p>The dominant culture</p> Signup and view all the answers

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

    <p>The world is flat</p> Signup and view all the answers

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