A Basic Strategy for Achieving Cross-Cultural Understanding Is to

question 12

Multiple Choice

A basic strategy for achieving cross-cultural understanding is to

• A) ignore differences in cultural customs for the sake of the company's vision.
• B) establish a ranking of preferred cultures.
• C) hire people from different cultures.
• D) respect others in the workplace.

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Definitions:

Floating Rate System

A currency exchange system where the value of a currency is allowed to fluctuate according to the foreign exchange market.

International Treaty

An agreement under international law entered into by countries in written form and governed by international law.

International Monetary Fund

An international organization that aims to promote global economic stability and growth through financial assistance and advice.

Japanese Yen

The official currency of Japan, often used in international finance as one of the major traded currencies.