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Task 1 – Lead cultural diversity You are required to complete all parts of this assessment task. Part 1 Cultural norms and practices are the behaviour patterns and attitudes that arise from our cultures. Differences often arise when an individual has a different set of cultural practices to those followed by the dominant culture. List some of th
Question 1 In 1986, The Economist came up with the Big Mac index as a digestible illustration of exchange rate determination. This index has persisted over the years as a thought experiment till today. Using data from July 2022, the index reported the following: Big Mac costs 17.7% less in Singapore (US$4.24) than in the United States (US$5.15)
