An International Manager Can Best Develop an Understanding of a Particular

question 51

Multiple Choice

An international manager can best develop an understanding of a particular culture by ________.

• A)creating a cultural profile for that country or region in which the firm does business
• B)assuming that his or her own cultural styles and practices can be successfully followed in the host country
• C)using stereotypes to develop cross-cultural understanding in a business setting
• D)hiring locals rather than expatriates for management positions in overseas subsidiaries

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Definitions:

Future Interest

A person’s present right to property ownership and possession in the future.

Conditional Estate

A form of property ownership that is subject to certain conditions or the occurrence of a specific event.

Mislaid Property

Property that is intentionally placed somewhere but then forgotten by the owner, distinct from lost or abandoned property.

Lost Property

Items that the owner has unintentionally left or dropped, and where the owner has forgotten or is unaware of their location.