A USexecutive Had No Idea That the Japanese Go Through a a Very

question 83

Multiple Choice

A U.S.executive had no idea that the Japanese go through a very elaborate ritual when exchanging business cards.When he arrived at a meeting in Tokyo,he sat down and tossed some of his business cards across the table at a group of stunned Japanese businesspeople.Due to the U.S.executive's rudeness,the multimillion dollar deal failed.The U.S.executive overlooked the importance of which environmental factor?

• A) culture
• B) demographics
• C) natural resources
• D) economic development
• E) political structure

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Definitions:

Asset Management

An orderly process for building, running, maintaining, and disposing of assets in a way that minimizes expenses.

Profitability

A measure of the efficiency of a company in generating profits from its operations, often expressed as a percentage of revenues.

Debt

Money owed by one party to another under the condition that it will be repaid, often with interest, at a future date.

Liquidity

A measure of how quickly and easily an asset can be converted into cash without significantly affecting its market price.