When Deciding on an Entry-Mode Strategy,cultural Distance Is

question 35

Multiple Choice

When deciding on an entry-mode strategy,cultural distance is

• A)The physical distance between two countries.
• B)Not the distance between an organization's culture and the local national culture.
• C)Similar to the geographic distance.
• D)None of the above

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Definitions:

General Partner

An owner of a partnership who has unlimited liability and is responsible for the management of the partnership.

Liability For Firm Debts

Obligations a company must meet, including all debts and financial responsibilities.

Agency Cost

Costs that arise from conflicts of interest between managers and shareholders within a company.

Executive Overseas

A managerial position held within a company's operations located in a foreign country.