A Globally Aware Manager Is Characterized by

question 30

Multiple Choice

A globally aware manager is characterized by

• A) using one's home culture's values alone to market one's products in foreign countries
• B) accepting the cultural ways of another individual as his or her own
• C) tolerating cultural differences and allowing others to be different and equal
• D) discarding one's home culture's standards to adopt the global cultural standards
• E) controlling any influences that the global cultural standards may have on the marketing process

---

Definitions:

Defined Benefit Plan

A type of pension plan where the employer promises a specified pension payment upon retirement, based on an employee's earnings history, tenure of service, and age.

Defined Contribution Plan

A type of retirement plan where the amount contributed to the plan is specified, but the benefit received at retirement depends on the plan's investment performance.

Endowment Fund

A fund established by a foundation, institution, or individual, where the principal amount is kept intact while the investment income is available for use.

Variable Annuity

An insurance product that provides future payments to the holder, with the payouts varying depending on the performance of the investment options chosen.