Larry Is a Top-Level Manager at Smart-Tech, an American Semiconductor

question 78

Multiple Choice

Larry is a top-level manager at Smart-Tech, an American semiconductor firm.Larry is involved in the negotiation procedures between Smart-Tech and a Saudi Arabian financial group.Larry has recently arrived in Saudi Arabia for the purpose of negotiating the final terms of the contract.Which of the following statements undermines the argument that Larry should adhere to a strict agenda when negotiating with the Arabs?

• A)Both Saudi Arabia and the United States are low-contact cultures.
• B)Both Saudi Arabia and the United States are high-contact cultures.
• C)Saudi Arabia is a polychronic culture.
• D)Saudi Arabia is a monochronic culture.

---

Definitions:

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage.

Account

A record or report that tracks financial transactions and the financial position of an individual, company, or other organization.

Interest Rate

The levy, stipulated as a percentage of the principal, made by lenders for borrowers employing their assets.

Account Balance

The amount of money present in a financial repository, such as a checking or savings account, at any given time.