Linguistic Distance Is an Important Factor That Helps in Determining

question 37

Multiple Choice

Linguistic distance is an important factor that helps in determining differences in values across countries and the amount of trade between countries because:

• A) the closer the languages the tougher the interactions.
• B) crossing wider language differences increases transaction costs.
• C) the more distant a language from the other, the more valuable the brand becomes in the new territory.
• D) major languages have syntactical superiority over minor languages that help in brand positioning.
• E) a neutral language is required to address the differences arising out of linguistic distances.

Explain the roles and structures within international business management.

Appreciate the significance of market savvy and industry expertise in global contexts.

Explain how and why companies engage in different types of international strategies.

Understand the implications of technological factors on international business operations.

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Definitions:

Asbestos Facings

Materials containing asbestos used in some brake and clutch systems for their heat resistance properties, now largely replaced due to health risks associated with asbestos inhalation.

FMVSS-121 Air System

Relates to Federal Motor Vehicle Safety Standards regulations for air brake systems, ensuring performance and safety standards in commercial vehicles.

Air Reservoirs

Tanks used in pneumatic systems to store compressed air, providing a supply for various operations such as braking or air suspension.

Compressor Discharge

The point at which compressed air or gas exits a compressor, critical for determining the efficiency and performance of pneumatic systems.