Why Do Attitudes About Entrepreneurship Vary Internationally

question 33

Multiple Choice

Why do attitudes about entrepreneurship vary internationally?

• A) Decision making in big business can overlook local customs.
• B) Attitudes towards risk-taking in business are culturally determined.
• C) Consumer attitudes are influenced by economic cycles.
• D) Foreign-owned companies can be unresponsive to local markets.
• E) International business is creating a global village.

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Definitions:

Market Value

The existing market rate at which you can purchase or sell an asset or service.

Book Value

The value of an asset as shown on a company's balance sheet, calculated as the cost of the asset minus any depreciation and amortization.

Capital Balance

The amount of funds contributed by owners or shareholders to a business, plus retained earnings and reduced by any withdrawals or distributions.

Asset Revaluation

The process of adjusting the book value of an asset to reflect its current market value.