When a Diversity Exists Between Countries with Regard to Currency

question 26

Multiple Choice

When a diversity exists between countries with regard to currency, inflation, interest rates, accounting practices, cultures, social custom, business practices, laws, government regulations, and political stability, the international firm must adapt. This is called adapting to

• A) operational dynamics.
• B) social dynamics.
• C) environmental dynamics.
• D) cultural systems.

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Definitions:

Autoclave

A device that uses steam under pressure to sterilize medical or laboratory instruments.

Steam Cycle

A process involving the heating, evaporation, and subsequent condensation of water to generate power, often used in power plants and engines.

Drying Cycle

The process or period during which moisture is removed from items, typically in a dryer, until they are deemed dry.

Autoclaves

sterilization devices that use steam under pressure to kill bacteria, viruses, fungi, and spores on medical or scientific equipment.