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Cultural Intelligence Is a Person's Ability to Use Reason and Observation

question 167

Essay

Cultural intelligence is a person's ability to use reason and observation to interpret culturally unfamiliar situations and know how to respond appropriately. Do you think it is important for managers to develop their cultural intelligence? Write a short essay defending your stance.


Definitions:

Market Values

The current price at which an asset or service can be bought or sold in a marketplace.

Weighted Average Cost Of Capital

The average rate that a company is expected to pay to all its security holders to finance its assets.

Stock Price

The cost of purchasing a share of a company in the stock market, subject to fluctuations based on supply and demand.

Operating Risk

The risk of loss arising from the day-to-day operations of a business.

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