An Indirect Cost of the Failure of an Expatriate Would

question 36

Multiple Choice

An indirect cost of the failure of an expatriate would be:

• A) Relocation expenses
• B) Exchange rate
• C) Loss of market share
• D) Their replacement cost

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Definitions:

Development of Language

Refers to the process by which humans acquire the capacity to perceive, produce, and use words to understand and communicate.

Bounded Rationality

The concept that decision-making is limited by the information available, cognitive limitations of the mind, and the time available to make the decision.

Mental Shortcuts

Cognitive strategies or heuristics that the mind uses to make decisions or judgments quickly.

Representativeness Heuristic

A cognitive shortcut that involves making judgments based on how well something matches with stereotypes or prototypes in one's mind.