Impact of Culture on Global Trade

Impact of Culture on Global Trade

by Jennette Reece

Multiple Choice

Betty works at a company with a very relaxed atmosphere among all the employees. This atmosphere is part of the company's

• organizational culture

• subculture

• power distance

• uncertainty avoidance

Multiple Choice

Larry is part of a group of employees who are close friends and like to spend their lunch hours together, eating or playing cards. This group is considered a(n)

• organizational culture

• religious committee

• subculture

• collectivist society

Multiple Choice

In Hofstede's dimensions of national cultures, a country's acceptance of inequality is measured by its score in

• masculinity v. femininity

• power distance

• uncertainty avoidance

• individualism v. collectivism.

• i

Multiple Choice

According to Hofstede's dimensions of national cultures, a certain country has a high comfort level with insecurity and avoids too many rules. This country would have a low score in 

• indulgence v. restraint

• power distance

• individualism v. collectivism

• uncertainty avoidance

Multiple Choice

A society in which group ties are very loose is known as a(n)

• "feminine" society

• individualist society

• collectivist society

• uncertainty-avoiding society

• collectivist society

Multiple Choice

A country that values qualities such as assertiveness and status is known as a(n)

• "masculine" society

• short-term oriented society

• uncertainty-accepting society

• indulgent society

Multiple Choice

A society that focuses on future rewards and values actions such as persistence is known as a(n)

• uncertainty-avoiding society

• individualist society

• "feminine" society

• long-term oriented society

Multiple Choice

Which of the following examples best demonstrates the cultural dimension of indulgence v. restraint:

• Companies from certain cultures play it safe and do not take risks

• A country values hierarchies and strict group roles

• A society believe in pursuing personal accomplishments

• Companies from certain cultures make time for fun.

Multiple Choice

The French-Canadian culture relies heavily on nonverbal communication to get messages across. This means it it a(n)

• religious culture

• low-context culture

• ethnocentric culture

• high-context culture

Multiple Choice

Which of the following is a true statement regarding the impact of religion on international trade:

• Religion is an issue only when operating in Muslim countries.

• Religion affects only work hours and holidays.

• Religion is more important in some cultures than in others.

• Religion does not have a significance impact on business.

Multiple Choice

The most common form of corruption affecting international trade is

• bribery

• government involvement

• negotiation

• uncertainty avoidance

Multiple Choice

To encourage people to buy domestic goods, a country wants foreign goods to be costlier. It imposes a tax on imported products to increase their selling prices. This tax is known as a(n)

• bribe.

• tariff.

• quota.

• idiom.

Poll

In some cultures, creating relationships during business negotiations is key; in other cultures, negotiators want a signed contract. This illustrates cultural differences in negotiating:

• goals.

• attitudes.

• schedules.

Multiple Choice

A business should research corruption before it engages in trade with a particular country because it:

• is required to report that country to international authorities.

• is required to pay bribes to set up operations in a new country

• needs to hide bribes within its accounting records

• needs to know how corruption will affect it competitiveness there.

Multiple Choice

Which of the following is an action a business might take to address the issue of religion in another culture:

• Engaging in stereotyping

• Paying attention to holidays when scheduling meetings

• Setting aside money to pay bribes to religious officials

• Creating price controls

Multiple Choice

Which of the following is a true statement regarding the process of preparing employees to deal with people from other cultures

• It is most important to be culturally sensitive when meeting in person

• All employees must take language training and become fluent.

• Cultural training is a good way to teach employees the basic guidelines.

• Employees need to be prepared only if they are traveling overseas.

Multiple Choice

Sarah deals with customers form a certain country on a regular basis. When she meets people from this country in a social setting, she assumes they will be just like all her customers. This is an example of

• Power distance.

• uncertainty avoidance

• stereotyping

• ethnocentrism

Multiple Choice

George thinks his culture is superior to all other cultures. This is known as

• collectivism.

• ethnocentrism.

• stereotyping 

• individualism.

Multiple Choice

Avoiding the use of slang falls under which guideline for dealing effectively with people from different cultures?

• Strive to communicate clearly.

• Show respect.

• Expect differences to arise.

• Be patient.