The concept of "guanxi" in Chinese business culture refers to:

• Financial transactions

• Legal contracts

• Relationship networks supported by reciprocal obligations

• Marketing strategies

When a cultural system is characterized by high "uncertainty avoidance," it means:

• People avoid taking business risks

• The culture has strict rules and regulations to manage ambiguous situations

• International business is discouraged

• People prefer working alone rather than in groups

• A society that emphasizes "collectivism" would likely:

• • Prioritize individual achievement

• • Focus on personal goals

• • Value group harmony and collective goals

• • Promote independent decision-making

In the context of social stratification, a "closed system" is best exemplified by:

• A modern democracy

• A caste system

• A meritocracy

• An open market economy

The impact of religion on international business is most evident in:

• Technology adoption

• Marketing strategies

• Ethical and behavioral norms in business practices

• Product pricing decisions

n terms of education's impact on culture, which statement is most accurate?

• Education has no impact on cultural values

• Education primarily affects technological development

• Education shapes both cultural values and economic development

• Education only influences political systems

What challenge does linguistic diversity present in international business?

• Only written communication barriers

• Only spoken communication barriers

• Both verbal and nonverbal communication barriers

• Only technical vocabulary barriers

A culture with high "masculinity" (in Hofstede's terms) would emphasize:

• Gender equality in all aspects

• Achievement, assertiveness, and material success

• Cooperative decision-making

• Work-life balance

The process of cultural change in response to globalization is:

• Uniform across all societies

• Rapid and complete

• Gradual and varies by society

• Non-existent in modern times

In assessing cultural literacy, a business manager should focus on:

• Only language differences

• Only religious practices

• Only social customs

• Multiple aspects of culture including values, practices, and beliefs