How Many Soldiers Were Estimated to Have Died and to Have

question 20

Multiple Choice

How many soldiers were estimated to have died and to have been wounded in World War I?

• A)three million dead, and ten million wounded
• B)five million dead, and fifteen million wounded
• C)six or seven million dead, and eighteen million wounded
• D)eight or nine million dead, and twenty-two million wounded
• E)twelve million dead, and thirty million wounded

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Definitions:

Liability of Foreignness

The additional costs and risks that firms operating in a foreign country incur, compared to domestic firms.

Administrative Differences

Discrepancies in management practices, regulations, or procedures within or between organizations.

Ethnocentrism Bias

A bias indicating that customers prefer local brands over foreign brands and are willing to pay more for local brands even when the quality is inferior.

Liability of Foreignness

Disadvantages faced by companies operating in a foreign market, including cultural differences, and legal and economic barriers.