In European countries and America, turning up on time for a meeting is given. Whereas in Saudi Arabia, it’s common to turned up late to a meeting

– In America, when playing golf, if you hit a hole in one, you’re expected to buy everyone a drink. But In Japan, it’s traditional to buy your playing partner expensive gifts.

– The English believe that it’s a slur on your host’s food if you don’t clear your plate, whereas the Chinese feel you’re questioning their generosity if you do that.

Questions:

a) Cross-cultural literacy – an understanding of how cultural differences across and within nations can affect the way in which business is practiced. Why is cross-cultural literacy important for business success? Give an example!

b) Elaborate about n-culture and what is the role of n-culture in international business? What factors contributed to a culture change?

How long does it take to sell a house on the market? One survey by the property portal Home.co.uk reported that in the United Kingdom, houses for sale are on the market an average of 109 days. Of course, the length of time varies by market. Suppose random samples of 13 houses in Canterbury and 11 houses in Coventry that are for sale are traced. The data shown here represent the number of days each house was on the market before being sold. Use the given data and a 1% level of significance to determine whether the population variances for the number of days until sale are different in Canterbury than in Coventry. Assume the numbers of days for which houses are on the market are normally distributed.