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Author Question: Companies have a tendency to prefer handling international business transactions with their own ... (Read 92 times)

mspears3

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on: Jul 7, 2018
Companies have a tendency to prefer handling international business transactions with their own country's currency rather than with the currency of another country.
 
  Indicate whether the statement is true or false

Question 2

Are the Kluckhohn-Strodtbeck and Hofstede frameworks useful for understanding subcultures? Why or why not?
 
  What will be an ideal response?


Bigfoot1984

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Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

The frameworks appear to be better suited for analyzing national culture than particular subcultures. Both frameworks describe cultures in terms of dimensions that apply to the entire culture. They attempt to identify features that can be used to understand a culture in an overarching way. They do not allow for the subtleties necessary to differentiate various aspects of subcultures. The frameworks could most likely be applied to subcultures, but their strengths seem to lie in providing succinct portraits of national culture that facilitate comparisons between countries.


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mspears3

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Reply #2 on: Jul 7, 2018
Correct answers!


Bigfoot1984

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Reply #3 on: Jul 7, 2018
Great! Please up vote :D


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