Cross-Cultural Business Communication Skills Are Only Necessary for Employees of Companies

question 18

True/False

Cross-cultural business communication skills are only necessary for employees of companies that do business internationally.

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Definitions:

Normal Goods

Goods for which demand increases as consumer income rises, and decreases when consumer income falls.

Inferior Goods

Goods for which demand decreases as the income of consumers increases, opposite to normal goods.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a given price level in a given period.

Demand

In economics, it represents consumers' desire to purchase goods and services at certain prices.