Cultural backgrounds affect strategic choices.Korean executives emphasize ________ in their decisions; whereas U.S.executives emphasize ________.
A)projected demand, discounted cash flow, and ROI; industry attractiveness, sales and market share
B)Industry attractiveness, sales and market share; projected demand, discounted cash flow, and ROI
C)Ego; industry attractiveness
D)Maintaining the status quo; change
E)none of the above

Question

Quizplus · Accepted Answer

Cultural backgrounds can influence an individual's priorities and values, which can affect their strategic choices. Korean culture places emphasis on the relationships and reputation of the company, leading to a focus on industry attractiveness, sales, and market share. In contrast, American culture values individual achievement and profits, leading to a focus on projected demand, discounted cash flow, and ROI. Therefore, the best answer is B, which describes the differing priorities of Korean and American executives.

Cultural Backgrounds Affect Strategic Choices