An international manager can best develop an understanding of a particular culture by ________.
A) creating a cultural profile for that country or region in which the firm does business
B) assuming that his or her own cultural styles and practices can be successfully followed in the host country
C) using stereotypes to develop cross-cultural understanding in a business setting
D) hiring locals rather than expatriates for management positions in overseas subsidiaries
Question 2
Transaction exposure occurs when ________ are denominated in foreign currencies.
A) accounts receivables
B) financial reports
C) bank loans
D) wages and salaries
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International Business: The Challenges of Globalization, 8th Edition
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