Developing Countries Often Suffer When the Individuals Who Could Help

question 25

Multiple Choice

Developing countries often suffer when the individuals who could help a country develop leave. This process is called:

• A) power loss.
• B) cultural gain.
• C) brain drain.
• D) leverage buying.

Identify the symptoms and causes of culture shock and strategies for coping with it.

Understand the role of organizational culture in implementing effective change.

Appreciate the importance of differentiating between standardization and localization in global business operations.

Recognize the significance of socialization processes in organizational culture.

---

Definitions:

Marginal Propensity

The ratio of a change in consumption (or saving) to a change in income, indicating how much of an income change individuals will spend or save.

Disposable Income

The amount of money available for savings or expenditure after all taxes and social security fees have been deducted.

Induced Consumption

Consumption that changes in response to changes in income or wealth, as opposed to autonomous consumption, which does not change when income changes.

Disposable Income

The amount of money that households have available for spending and saving after income taxes have been deducted.