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Mikhail is from the United State and is working for his employer at

the company's office in India. A member of the Indian staff arrives for a meeting 15 minutes late. Mikhail scolds the employee for being late; however he later realizes that being 15 minutes late for a meeting is considered acceptable in India. In which of the following areas of cultural misunderstanding could you best classify Mikhail's miscue?
Multiple Choice

-verbal communication
-time orientation
-length of workweek
-work balance
-personal space

India can operate numerous call centers compared to other countries due to low cost of labor and abundant labor force. India can best be described as having


Multiple Choice

-a trade surplus.
-an absolute advantage.
-balance of trade.
-self-sufficiency.
-a comparative advantage.



If you want to open a Burger King in another country, you must pay a fee to Burger King plus a share of the profit, and Burger King will provide their materials and services to you in return. Which means of entering a foreign market is described?


Multiple Choice

-franchising
-importing and exporting
-joint ventures
-foreign licensing
-global outsourcing

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Subject: Business, Management

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