Which of the Following Statements Is True of Culture and International

question 17

Multiple Choice

Which of the following statements is true of culture and international markets?

• A)Assuming cultural homogeneity across nations almost guarantees success in international markets.
• B)Planning strategies that consider cultural differences in international markets are simple and straightforward.
• C)Treating each foreign market as a separate market with its own submarkets and culture is a useful method in marketing.
• D)General human tendencies do not vary across cultures; therefore it is insignificant to consider cultural differences in international markets.
• E)Ignoring cultural differences is almost a guarantee of success in international markets.

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Definitions:

Employment Agencies

Employment agencies are organizations that match employers looking to hire with individuals seeking employment, facilitating job placements across various industries.

Professional Organizations

Groups or associations that are formed to advance a specific profession and to serve the interests of its members.

ISM

Institute for Supply Management; an organization that produces research and standards in the field of supply management.

APICS

APICS stands for the Association for Supply Chain Management, a professional association for supply chain management and logistics professionals, offering certification programs and training.