cross cultural business management 2023 Business Finance
2023 Question 1 Massachusetts Senator and one time presidential candidate John Kerry understands the concept of tax avoidance Kerry avoided paying
Massachusetts Senator and one-time presidential candidate John Kerry understands the concept of tax avoidance. Kerry avoided paying $500,000 in taxes in Massachusetts by docking his yacht in Rhode Island. Rhode Island repealed sales taxes and annual excise taxes on yachts in 1993, making “the state something of a nautical tax haven.” Discuss the likely behavior changes of yacht-owning Massachusetts residents if Massachusetts lowered its tax rates on yachts, and how these changes would affect Massachusetts’s tax revenue.
Describe in your own words the four proposed by Hofstede (power distance, uncertainty avoidance, individualism, and masculinity). Discuss, through examples, how these concepts might be applied to:
1) Managing foreign workers
2) Advertising products/services in foreign cultures
3) Negotiating across cultures
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