Which of the Following Is True About the Effects of Culture

question 14

Multiple Choice

Which of the following is true about the effects of culture on the global industrial buyer?

• A) In organizations with flat structures, the purchasing managers employ systematic approaches, with substantial consistency and transparency.
• B) Industrial buyers across the world have similar attitudes toward risk.
• C) In low uncertainty avoidance countries, marketers must work hard to convince purchasing managers to accept proposals from new vendors.
• D) High uncertainty avoidance cultures are more innovative and open to new approaches.

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Definitions:

Resource-Based View

A strategic management approach focusing on leveraging a firm's internal resources and capabilities to gain competitive advantage.

Market-Based View

A strategic perspective that emphasizes the importance of external market positioning and competitive forces in determining firm success.

Firm-Level Success

A measure of a company's financial and market performance relative to its goals and competitors.

Market-Based View

A strategic approach that emphasizes the importance of external market positions and the exploitation of opportunities and threats.