A Significant Advantage of Knowing How Cultures and Countries Cluster

question 27

True/False

A significant advantage of knowing how cultures and countries cluster together is that it helps companies "customize" management practices and thus makes international business easier and more productive.

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Definitions:

Random Experiment

A process or action that leads to different outcomes, often uncertain and subject to chance.

Intersection

The point or set of points where two or more geometric figures, lines, or surfaces meet or cross.

Independent Events

Two or more events that do not affect the outcome of each other in a statistical experiment.

Balanced Die

A die engineered to ensure that each face has an equal probability of landing up when thrown.