Although It Has Been Suggested That Firms in General May

question 54

Multiple Choice

Although it has been suggested that firms in general may prefer to do business with countries that have shorter cultural distances, which of the following arguments can be made against this assumptions?

• A)​Critics point out that a number of findings are consistent with the cultural distance hypothesis.
• B)​Cultural distance, while important, is only one of many factors to consider.
• C) ​Cultural distance can be replaced by institutional distance.
• D) ​Institutional distance exaggerates cultural distance.

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Definitions:

Cerumen

A technical term for earwax, a substance produced by glands in the ear canal that protects the ears from dust, microorganisms, and other foreign particles.

Eardrum

A thin membrane that separates the outer ear from the middle ear, vibrating in response to sound waves.

Incus

A small anvil-shaped bone in the middle ear that helps transmit sound vibrations from the outer ear to the inner ear.

Chronic Serous

Refers to a prolonged fluid-producing (serous) inflammation or effusion, often seen in certain medical conditions.