QUESTION 24 is the difference between two cultures along identifiable dimensions. a. Culture shock b. Cultural distance c. Reverse culture shock d. Cultural cringe QUESTION 25 Liability of foreignness is a. the positive perception of firms and products of the host country b. the negative perception of firms and products of the home country c. the inherent disadvantage foreign firms experience in host countries d. the inherent advantage foreign firms experience in home countries QUESTION 26 With regard to foreign market entry, the resource-based view argues that foreign firms need to a. take actions deemed legitimate and appropriate by the various formal and informal institutions governing market entries. b.understand the numerous differences in cultures, norms, and values. c. be aware of the numerous regulatory risks and trade and investment barriers. d. deploy overwhelming resources and capabilities to offset their liability of foreignness. QUESTION 27 Which of the following is a non-equity mode of entry? a. Build-operate-transfer projects O b. Acquisitions C. Green-fields d. Joint ventures MATION