Jerome's Company Asks Him to Recommend a Method of International

question 61

Multiple Choice

Jerome's company asks him to recommend a method of international expansion that would incur the least amount of risk. Which method should he suggest?

• A)exporting
• B)franchising
• C)licensing
• D)wholly owned subsidiary
• E)joint venture

Understand the significance of intercultural competence in global business environments.

Recognize the characteristics and impacts of low and high-context cultures in communication.

Identify effective communication strategies in intercultural settings.

Acknowledge the role of cultural sensitivity and awareness in enhancing intercultural communication.

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Definitions:

Environment

Relates to the natural world and the surrounding conditions in which an individual, animal, or plant lives or operates.

Sundown Towns

Towns or communities in the United States that practiced racial segregation by excluding nonwhites through local laws, intimidation, or violence, particularly after sunset.

Jim Crow Towns

Municipalities in the United States where laws and customs rigidly enforced racial segregation and discrimination against African Americans.

"Whites Only" Signs

Historical markers of segregation, especially in the United States, designating spaces and services exclusively for white individuals, exemplifying institutional racism.