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Why do economists measure responsiveness of demand to price in percentage changes rather than in absolute changes?
Intercultural Competency
the ability to communicate effectively and appropriately with people of other cultures, understanding cultural differences and similarities.
Time Orientation Dimension
A cultural characteristic that reflects the extent to which a society values past, present, or future outcomes and behaviors.
Multinational Corporations
Companies that operate in multiple countries, managing production or delivering services in more than one country.
Ethnocentric
a belief in or assumption of the superiority of the cultural or ethnic group one belongs to.
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