Which of the Following Statements Is True of Cultural Distance

question 41

Multiple Choice

Which of the following statements is true of cultural distance?

• A) It affects the response of all people to business-related issues.
• B) Expatriates are free from the problems associated to cultural distance.
• C) It is the feeling of confusion, insecurity, and anxiety caused by a strange new environment.
• D) It takes into account only the major differences between the social systems of different countries.

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of goods sold by a company, including materials and labor.

Beginning Inventory

The value of goods available for sale at the start of an accounting period, carried over from the end of the previous period.

Ending Inventory

The total value of a company's merchandise, raw materials, and finished and unfinished products which have not yet been sold at the end of an accounting period.

Purchases

The act of buying goods and services, typically for the purpose of resale in the ordinary course of business.