Which of the Following Statements Regarding the Impact of National

question 48

Multiple Choice

Which of the following statements regarding the impact of national culture on the culture of domestic firms is correct?

• A)The harmonious culture of Japan is likely to lead to the establishment of more team-oriented corporate cultures in Japanese firms.
• B)The hierarchical orientation in Brazilian culture is likely to produce Brazilian companies with flat corporate structures.
• C)The high power distance culture of Arab countries is likely to produce people-oriented cultures in Arab companies.
• D)National culture has little impact on domestic firms.

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Definitions:

Government Subsidy

A financial contribution by a government to a private sector entity for the purpose of lowering the cost of a service or product or supporting a particular activity deemed beneficial.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing to purchase at that price.

Supply Curve

A graphical representation that shows the relationship between the price of a good and the quantity supplied.

Price Ceiling

A government-imposed limit on how high a price is charged for a product or service.