In a Cross-Border Alliance, Cultural Differences Can Be Overlooked When

question 51

Multiple Choice

In a cross-border alliance, cultural differences can be overlooked when ________.

• A)the target country is similar to the home country
• B)when there is a considerable difference in practices of the target country
• C)the target country has a high number of domestic mergers
• D)the target country insists on participating in the decision-making processes

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Definitions:

Appointed By President

Refers to individuals who are chosen and assigned roles or positions within the government by the President, often subject to confirmation by the legislature.

Securities Act

A U.S. law enacted in 1933 that requires that investors receive financial and other significant information concerning securities being offered for public sale.

Financial Instruments

Contracts that give rise to both a financial asset of one entity and a financial liability or equity instrument of another entity, including stocks, bonds, and derivatives.

Corporate Expansion

The process by which a company grows through increasing sales, acquiring new businesses, or entering new markets.