1.Geert Hofstede is well-known as a cultural expert. Identify his 5 cultural dimensions and explain two of those. Why is it important to know and understand cultural differences? Would international business management "suffer" without this knowledge Hofstede has provided?
2.Five different ethical theories were described in your readings from week 8. Choose of these theories and explain why you think that theory best fits international business management and multicultural relations. How would you, as a business manager, use this theory to make decisions in the international environment?