Diversification

question 17

Multiple Choice

Diversification:

• A)Is a relatively new concept in Western business .
• B)Is believed by Western media to destroy value in emerging economies.
• C) Is a poor idea and results in lower or no profitability in emerging economies.
• D) Should be dismantled in emerging economies, based on recent research.

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Definitions:

Encourages

Motivates or inspires someone to take action or persist in an effort.

Trompenaars

A Dutch organizational theorist known for his work on cross-cultural communication and international management.

Organizational Cultural Classifications

Systems for categorizing the values, beliefs, and behaviors that define the unique social environment of an organization.

Power Distance

A cultural dimension that describes the extent to which members of a society accept and expect power to be distributed unequally.