Referring to the Connecting Across Borders Box Titled,"Respecting Cross-Cultural Boundaries

question 64

Multiple Choice

Referring to the Connecting Across Borders box titled,"Respecting Cross-Cultural Boundaries," why is this competency important in the business world?

• A) Understanding the cultural diversity of your employees can enhance the development of your brand and your international markets.
• B) Once your business understands the traditions of people in other countries,there is little need to spend money increasing the workforce,internationally,because the domestic employees will be able to penetrate new markets abroad.
• C) It emphasizes the understanding of domestic and international trade laws.
• D) It teaches us that the age of a culture has very little to do with how we approach it.

---

Definitions:

Assets

Resources owned by a business or individual that have economic value and can provide future benefits.

Taxable Income

The portion of an individual's or organization's income that is subject to taxation by governing authorities.

Horizontal Equity

Horizontal equity is a principle in taxation that dictates that individuals with similar income and assets should pay the same amount in taxes.

Vertical Equity

A principle in taxation that individuals with a higher ability to pay should contribute more taxes.