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The rapid globalization of the world economy has largely eliminated the need for managers to know the cultural norms of the workforce in each country where they do business. True or False

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Final answer:

The statement is False. The rapid globalization of the world economy has increased the need for managers to know the cultural norms of the workforce.

Step-by-step explanation:

The statement that the rapid globalization of the world economy has largely eliminated the need for managers to know the cultural norms of the workforce in each country where they do business is False.

Globalization has created a more interconnected and diverse business environment, increasing the need for managers to understand and adapt to different cultural norms. When different cultures interact, misunderstandings may occur. For example, directness when speaking is common and valued in American business culture, but indirectness is the norm in some other cultures. Understanding these differences can help workers communicate more effectively.

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