Scenario - Reardon Enterprises Reardon Enterprises was founded in 1985 by Jonas and Samuel Reardon. Initially this company was based solely in Santa Fe, New Mexico and sold products only in the U.S. market. Now, this organization has grown to become fifth in the fine glassware industry in the world. It proudly claims the distinction of having 14 manufacturing facilities located on foreign soil. It currently provides its delicate and refined glass products to 24 foreign marketplaces around the world. Samuel continues to work in the field and feels his expertise in foreign relations is a large part of the reason the company has known such global success. While Jonas contends the factories and workers located on foreign soil should not be treated differently from those in Santa Fe, Samuel contends it is important to know how the other countries operate. Even with the differences in business philosophies and beliefs between the two owners, Reardon Enterprises remains a multi-billion dollar operation with a glistening future ahead of it. Reardon Enterprises has its second largest manufacturing facility located in South America. Which one of the following would not be an important cultural fact Samuel and Jonas should know before conducting business meetings there?

Question

Scenario - Reardon Enterprises Reardon Enterprises was founded in 1985 by Jonas and Samuel Reardon.  Initially this company was based solely in Santa Fe, New Mexico and sold products only in the U.S. market.  Now, this organization has grown to become fifth in the fine glassware industry in the world.  It proudly claims the distinction of having 14 manufacturing facilities located on foreign soil.  It currently provides its delicate and refined glass products to 24 foreign marketplaces around the world. Samuel continues to work in the field and feels his expertise in foreign relations is a large part of the reason the company has known such global success.  While Jonas contends the factories and workers located on foreign soil should not be treated differently from those in Santa Fe, Samuel contends it is important to know how the other countries operate.  Even with the differences in business philosophies and beliefs between the two owners, Reardon Enterprises remains a multi-billion dollar operation with a glistening future ahead of it. Reardon Enterprises has its second largest manufacturing facility located in South America.  Which one of the following would not be an important cultural fact Samuel and Jonas should know before conducting business meetings there?

Quizplus · Accepted Answer

This answer choice states that "business dealings must be discussed first and decisions made quickly" as a cultural fact that is not important for Samuel and Jonas to know before conducting business meetings in South America. However, in many South American cultures, building personal relationships and establishing trust is a crucial part of doing business. Therefore, option B is not accurate and is the best choice for the answer. The other options all provide cultural insights that Samuel and Jonas should consider before conducting business meetings in South America.

Scenario - Reardon Enterprises Reardon Enterprises Was Founded in 1985