The "Liability of Foreignness" Is the

question 16

Multiple Choice

The "liability of foreignness" is the

• A) inability of most U.S. managers to truly comprehend foreign cultures.
• B) political disadvantage that U.S. firms have when doing business abroad.
• C) overall risk a domestic firm encounters when entering global competition.
• D) strong cultural preference for "buying local," which puts foreign firms at a disadvantage when competing in the U.S. market.

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Definitions:

Danish Empire

Historical period marked by the expansion and influence of Denmark, especially during the time of its colonial holdings and maritime dominance.

Palace Chapel

A chapel located within a palace, serving as a place of worship primarily for the royal court.

Aachen

A city in western Germany known for its historical significance as the residence of Charlemagne and the site of his Palatine Chapel, a masterpiece of Carolingian architecture.

Old Saint Peter's

A basilica that once stood on the spot where the Basilica of Saint Peter in Vatican City is located today, originally constructed during the 4th century.