In order to compete internationally,firms need to possess some degree of understanding of numerous cultures.

Name: In order to compete internationally,firms need to possess some degree of understanding of numerous cultures.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because different cultures have different values, beliefs, behaviors, and communication styles, which can affect the way business is conducted. A firm that understands and respects different cultures will be better equipped to navigate and succeed in diverse markets.

In Order to Compete Internationally,firms Need to Possess Some Degree