Special Exercises The German Working Environment Is Similar to the U.S.working Environment.Nevertheless,U.S.managers

question 21

Multiple Choice

Special Exercises
The German working environment is similar to the U.S.working environment.Nevertheless,U.S.managers working in Germany have to adapt.Navigating laws and customs can be challenging.For instance,traditional houses in Germany have been large,well-constructed buildings.They are expensive to build,but last for generations.They usually have three generations living under the same roof.This information has far-reaching implications for foreign managers working in Germany.Match the statement with the type of environmental challenge for international managers it describes.
-German road signs have no North,South,East,or West posted.Drivers must know if the city listed is in the direction they wish to travel.

• A)Political-legal environment
• B)Economic environment
• C)Cultural environment

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Definitions:

Promoter

A person who organizes and operates a business venture and assumes much of the associated risk.

Contract

A legally upheld agreement involving two or more entities that carries legal obligations.

Preincorporation Contracts

Agreements entered into on behalf of a corporation not yet formally established, raising questions about liability and authority.

Promoter

A promoter is an individual or company involved in founding or organizing a business or enterprise, typically responsible for raising capital, arranging for necessary legal documents, and setting up operations.