Multinational Companies Need Not Adapt to Foreign Cultures Since Their

question 67

True/False

Multinational companies need not adapt to foreign cultures since their customers will change their buying preferences.

---

Definitions:

Regulatory Policy

Rules or guidelines issued by government agencies aimed at controlling or influencing the behavior of individuals and organizations.

Indirect Influence

The effect on individuals or processes that is not directly imposed but occurs through secondary or less obvious channels.

Federal Bureaucracy

The collection of government agencies and institutions that implement and administer federal laws and programs.

Administrative Law Judges

Officials within federal or state agencies who conduct hearings and make decisions on disputes involving the agency's regulations.