In January 2009,Wal-Mart Acquired a Controlling Interest in Chile's Leading

question 31

Multiple Choice

In January 2009,Wal-Mart acquired a controlling interest in Chile's leading food retailer.Since then,Wal-Mart has opened the first environmentally friendly supermarket in Chile that uses energy efficient technology throughout the store.Wal-Mart is planning to open additional stores in Chile over the next five years.Wal-Mart's top executives are considering the idea of transferring U.S.managers to Chile to oversee the construction and establishment of the new stores. Which of the following,if true,supports the argument that locals should be hired to fill management positions in Chile?

• A)Chile has a high percentage of younger workers with college degrees.
• B)Managers in Chile are expected to keep their distance from subordinates.
• C)Chile has had an increase in foreign direct investment over the last five years.
• D)Chileans expect managers and subordinates to interact in a highly informal manner.

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Definitions:

Nonmaterial Social Facts

Elements of society that exist beyond the physical, including norms, values, laws, and social roles that shape the behavior of individuals in a society.

Material Realm

The material realm refers to the physical world and everything in it, including nature, objects, and human-made items, as opposed to the conceptual or virtual spheres.

Collective Representations

Shared beliefs, values, and meanings that are created by and exist independently of individual members of a society.

Rituals

Prescribed sequences of activities or ceremonies, often with symbolic meanings, that are practiced by a community or religious group.