An Appreciation and Interest in Other Cultures as Well as Sensitivity

question 32

Multiple Choice

An appreciation and interest in other cultures as well as sensitivity to and flexibility in dealing with cross-cultural differences in various settings, including working in and managing multicultural teams in international business is known as:

• A)Local Values Orientation
• B)Paradox Management
• C)Global Mind-Set
• D)Cultural Acumen

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Definitions:

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Partnership

An authorized business structure where two or more partners manage and share in the profits.

Amount Owed

The total money that is due to be paid to a lender or creditor by the borrower.

Accounting Equation

The fundamental principle of accounting that states assets are equal to the sum of liabilities and owner's equity.