International Business Study Set 4

The first step in analyzing a nation's potential for international business activity is to examine its business climate.

Ethnocentricity facilitates the establishment of new businesses abroad.

Subcultures mimic the values,preferences,and beliefs of dominant cultures.

Subcultures do not exist in democratic countries with large populations.

Hispanics comprise a subculture in the United States.

Subcultures contribute very little to national culture and can be safely ignored when making marketing and production decisions.

A nation's cultural boundaries do not always correspond with its political boundaries.

Subcultures exist only within a nation's borders.

Low levels of class consciousness encourage social mobility and lessen conflict.

The cultural component that deals with elements of imagery and symbolism is known as material culture.

A culture's values tend to become more flexible over time.

Folk customs that spread by cultural diffusion to other regions develop into popular customs.

A nuclear family comprises of one's immediate family,along with grandparents,uncles,aunts,and cousins.

Social status is determined by family heritage,income,and occupation.

Religion is confined to national political boundaries.

When going global with an Internet presence,it is highly beneficial for a business to localize its Web site.

Literacy tests offer a reliable basis on which one nation's educational level can be compared with another.

Nations that invest in worker training programs are usually rewarded with an increase in productivity and a rise in income.

Brain drain is the departure of highly educated people from one profession,geographic region,or nation to another.

Cultures isolated by topographical barriers are characterized by slower cultural change.