A Culturally Diverse Team Would ________

question 22

Multiple Choice

A culturally diverse team would ________.

• A) use diverse languages for business communications across various teams across the globe
• B) follow country-specific ethical standards across the globe
• C) use local employees, for accountability, for all major company decisions
• D) create a global view inside the firm while remaining in touch with local realities

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Definitions:

Law of Supply

A principle in economics stating that as the price of a good or service increases, the quantity supplied also increases, assuming all other factors remain constant.

Interest Rate

The cost of borrowing money or the return on investment, expressed as a percentage of the principal.

Quantity Supplied of Loans

The total amount of loans lenders are willing to provide at a given interest rate during a specific time period.

Surplus

An excess of a product or resource that occurs when supply exceeds demand, often leading to lower prices.