quiz 3d
An American businessperson in London was offered a "cuppa" by the company's receptionist. The businessperson did not know that the receptionist was offering a cup of tea. This is an example of
a language barrier
A country with a weak currency value tends to
decrease its imports and increase its exports.
A nation that exports more than it imports maintains a
trade surplus
Which of the following is an example of nonverbal communication that might have a different meaning to business people in other parts of the world:Shaking hands when greeting a customer
Shaking hands when greeting a customer
Which of the following is a situation that might make business people from other countries feel uncomfortable and impact their ability to conduct business:
Standing very close to others during conversations
When meeting with businesspeople from other countries, it is important to understand social differences, such as bowing, handshaking, and spatial comfort, which are often called
non-verbal cues
Online chats, forums, and communities that enable businesses to learn about the wants and needs of their worldwide target market have created a new form of
social relationships
Which of the following is a benefit of international trade:
An improved standard of living
The U.S. produces widgets faster and cheaper than Switzerland. In this example, the U.S. has a(n) __________ comparative.
absolute
Levels of inflation and unemployment are factors that affect __________ in the world market.
competition