BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is accepted in the home culture is the correct way of doing business abroad.
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What is accepted in the targeted culture is the correct way of doing business there.
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There is one, absolute way of doing business worldwide.
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The cultural expectations in place in a targeted region are irrelevant to doing business there.
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Economic conditions do not cause cultural change.
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Detailed explanation-1: -Cultural relativism refers to not judging a culture to our own standards of what is right or wrong, strange or normal. Instead, we should try to understand cultural practices of other groups in its own cultural context.
Detailed explanation-2: -Cultural relativism concerns understanding and respecting foreign cultures. More specifically, is calls for a deeper understanding of people on the basis of their own cultural beliefs. Further, people should not be compared against or judged on the based upon the culture of others. Back to: BUSINESS MANAGEMENT.
Detailed explanation-3: -Cultural relativists are correct that sometimes we should be more tolerant and accepting of cultural differences. Some things done in other cultures are unfamiliar and may seem strange. But “different” is not the same as “wrong, ” and learning about relativism can remind us of that.
Detailed explanation-4: -Most ethicists reject the theory of ethical relativism. Some claim that while the moral practices of societies may differ, the fundamental moral principles underlying these practices do not.