Globalization, Cultural Dimensions, and International Business: Key Concepts and Perspectives

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Globalization, Cultural Dimensions, and International Business: Key Concepts and Perspectives Foreign direct investment is an attractive option for firms looking to diversify their investment portfolios, creating opport unities for firms looking to entering emerging markets true As globalization becomes more embedded in daily life, tolerance must continue to increase in order to avoid unnecessary polar ization -- again reinforcing the notion that globalization is not assimilation true the global business manager must process a strong domestic awareness and must understand the unique factors that contribute t o the success of global business false advocates for globalization believe that globalization promotes: protectionism the global business manager must resist and urge to instinctively trust line managers and instead apply his or her discipline and critical thinking capacity to formulate decisions that are most conducive to the international operating enviroment true which of the following is not true about globalization is a new phenomenon international exchange is a recent concept false united states imports primarily came from which nation? germany standardization requires that business people understand the seamless international marketplace true
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