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BUSI 3250 EXAM 1 2024 MOST RECENT UPDATE [MOST TESTED QUESTIONS]COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS FINAL EXAM TEST GRADE A+ GET IT CORRECT $22.99
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BUSI 3250 EXAM 1 2024 MOST RECENT UPDATE [MOST TESTED QUESTIONS]COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS FINAL EXAM TEST GRADE A+ GET IT CORRECT

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BUSI 3250 EXAM 1 2024 MOST RECENT UPDATE [MOST TESTED QUESTIONS]COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS FINAL EXAM TEST GRADE A+ GET IT CORRECT

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  • June 13, 2024
  • 23
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • BUSI 3250
  • BUSI 3250

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BUSI 3250 EXAM 1 2024 MOST
RECENT UPDATE

[MOST TESTED QUESTIONS]COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS FINAL EXAM
TEST GRADE A+ GET IT CORRECT


What does "Bottom of the Pyramid" refer to? - (correct
answer) refers to the approximately 3 billion people who
survive on less than $2 per day, where basic survival needs are
just barely met. Prahalad suggested that this large mass of
humanity should be viewed as having tremendous market
potential with untapped purchasing power


3 largest regional trade regions are EU (27 member countries),
NAFTA, and? - (correct answer) ASEAN


How much of the world's exports does ASEAN make up? -
(correct answer) 55%
What are the 3 P's of sustainability? - (correct answer)
people, planet, profit

,Meeting the needs of the future without compromising the
ability of future generation's to meet their needs - (correct
answer) Sustainable Development


C.K. Prahalad popularized the term - (correct answer)
"Bottom of the Pyramid"




___________ is what makes us who we are and what we
believe - (correct answer) Culture


Ethnocentricity - (correct answer) The belief that your own
culture is superior to other cultures


In what dimension and level (high/low) does consultative
leadership dominate, and informality tend to be the norm? -
(correct answer) Low, Power Distance (ex. The US)


Hofstede's Cultural Dimension that measures degree to which
people in the culture are integrated into groups - (correct
answer) Individualism-collectivism

, People in highly individualistic cultures are more... - (correct
answer) loosely connected and look after themselves and
their immediate family (high, individualism-collectivism
dimension)


People in highly collectivistic cultures belong to... - (correct
answer) strong, cohesive in-groups that look after them in
exchange for loyalty (low, individualism-collectivism)


Remember, the nail that sticks out gets hammered down - -
(correct answer) - Collectivism


Hofstede's Culture Dimension that is extent to which members
of a society expect power to be distributed unequally and
accept it - (correct answer) Power Distance


In large-power-distance societies, - (correct answer)
seniority, age, rank, and title are important; formality is
emphasized (high, power distance; Kia example, the title more
important than name on card)


In small-power-distance environments, - (correct answer) a
consultative style of leadership predominates; informality tends
to be the norm (low power distance; ex. The US)

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