What Is Cultural Proximity

question 15

Multiple Choice

What is cultural proximity?

• A) The extent to which the host cultural ethos permits adoption of the parent company's organizational culture.
• B) Countries 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:

Financially Burdensome

Describing a situation or requirement that imposes a significant financial strain or expense on an individual or organization.

Legislation

Laws that have been enacted by a governmental body or legislature.

Business Legislation

Laws that govern how businesses can operate, including regulations on company formation, taxation, and employment.

Substantially Reduce Competition

Actions or situations that significantly decrease the level of competition within a market or industry.