What Is Cultural Proximity

question 21

Multiple Choice

What is cultural proximity?

• A)similarity of values,expectations,and traditions between one country and another
• B)countries that are located on the same continent
• C)relative importance of individual differences among units of a multinational corporation
• D)a short geographic distance between the host country of one subsidiary and the host country of another subsidiary

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Definitions:

Partisanship

The strong support for a specific political party or agenda, often leading to a reluctance to compromise with political opponents.

Interest Group

An organization that advocates for the shared interests of its members, aiming to influence public policy and decision-making.

Government Policy

A course of action or principle adopted or proposed by a government body or leader.

Free-Rider Problem

A situation in which individuals benefit from resources, goods, or services without paying for them, leading to under-provision or depletion of those resources.