Asked by Kelsey Moses on Jul 16, 2024
Verified
If an organization is competing successfully in a dynamic global economy, its managers do not need cross-cultural awareness.
Cross-Cultural Awareness
Cross-cultural awareness involves understanding and appreciating differences and similarities across cultures, crucial for effective communication and interaction in global settings.
Dynamic Global Economy
An economic environment characterized by constant change and interaction among the world's economies, driven by technological advancements, trade, and market trends.
- Recognize the importance of cultural awareness in international business operations.
Verified Answer
AA
Amber AtkinsJul 17, 2024
Final Answer :
False
Explanation :
Managers need cross-cultural awareness to navigate and understand different cultural contexts, communication styles, and business practices in a global economy. This can lead to more effective negotiations, collaborations, and relationships with international partners, customers, and employees.
Learning Objectives
- Recognize the importance of cultural awareness in international business operations.