Which of the following types of assumptions is the cause of most problems between business managers and foreigners?

A) geocentric
B) ethnocentric
C) polycentric
D) religious

B

Business

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Similarities in the underlying structure of economic activity make it feasible to adopt a single currency and use a single exchange rate as an instrument of macroeconomic policy in a(n):

A. managed currency zone. B. open exchange regime. C. optimal currency area. D. free trade area. E. advanced monetary zone.

Business

An organization that exists whenever and wherever the participants happen to be is called a(n) ________ organization

A) ad-hoc B) virtual C) temporary D) None of the above

Business