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In a Short Essay, Explain the Cross-Cultural Risk Faced by Internationalizing

question 17

Essay

In a short essay, explain the cross-cultural risk faced by internationalizing firms. What causes this type of risk? Why might it pose a problem for internationalizing firms?


Definitions:

"Easy" Babies

infants who are generally calm, adapt quickly to new situations, have predictable patterns, and are not easily upset.

Labor-Intensive

Describing a process or type of work that requires a large amount of manual labor compared to the amount of capital invested or technology used.

High-Maintenance

Describing something or someone requiring a lot of time, attention, or resources to manage or maintain.

Moderately Labor-Intensive

Describing activities or processes that require a fair amount of human labor to complete.

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