A USExecutive Had No Idea the Japanese Go Through a Very

question 129

Multiple Choice

A U.S.executive had no idea the Japanese go through a very elaborate ritual when exchanging business cards.When he arrived at a meeting in Tokyo,he sat down and tossed some of his business cards across the table at a group of stunned Japanese businesspeople.Due to the U.S.executive's rudeness,the multimillion dollar deal failed.The U.S.executive overlooked the importance of which environmental factor?

• A) culture
• B) demographics
• C) natural resources
• D) economic development
• E) political structure

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Definitions:

Relevant Cost

Costs that are directly influenced by a specific business decision and will change as a result of that decision.

Existing Stocks

Refers to the inventory of goods or materials that a company currently holds.

Idle Capacity

The portion of a company's resources that could be used for production but remains unutilized during a certain period.

Damaged Van

A van that has suffered physical harm or injury, impacting its value and functionality.