Deck 8: Doing Business in South and Southeast Asia, and Australia

Question 1

The easiest South or Southeast Asian country for Americans and other English speakers to do business in is Australia, another English-speaking country.

Answer 1

False
Singapore is easier-see Exhibit 15.1 (in the text)

Question 2

India was the most important South and Southeast Asian market in terms of total international trade (exports + imports) in 2015.

Answer 2

True
India's total trade was US$681.6 billion, whereas Singapore's was US$671.6 billion.India also has much greater potential because of its relative size and growth rate.

Question 3

Gender equality is a given in Indian culture such that Indian women are allowed to interact freely with foreigners.

Answer 3

False
For a young woman to take the hand of someone not her husband is considered morally objectionable.

Question 4

Universal Western marketing principles generally successful throughout the world are also equally effective in Singapore and Malaysia.

Question 5

Vietnam has transitioned from a Communist-style centrally planned economy to an economy based on free-market principles.

Question 6

American, British, Canadian, and German predominant Si (Introverted Sensing) problem-solving preferences are:

A)Very different from all the countries discussed in this region, making it more difficult to understand local decision-making preferences.
B)Very different from all the countries discussed in this region except Australia.
C)Very different from Vietnamese and Indian preferences, but similar to national character preferences in Australia, Singapore, Malaysia, and Thailand.
D)Very different from Thailand and India, but similar to Australia, Singapore, Malaysia, and Vietnam.

Question 7

American, British, German, and French predominant Te (Extraverted Thinking) commu-nication style preferences, based on national character, are:

A)Very different from all the countries discussed in this region, making it more difficult to understand what local counterparts are trying to communicate.
B)Very different from all the countries discussed in this region except Australia.
C)Very different from Vietnamese, Malaysian, and Thai preferences, but similar to national character preferences in Australia, as well as the former British colonies of Singapore and India.