An American company is in a joint venture with an overseas Middle East company. The U. S. managers are particular about time management and appointments for conference calls and meetings. However, their overseas Middle Eastern counterparts are not conditioned the same way and don’t necessarily adhere to schedules. This variation in time management is an aspect of their environment.

This variation in time management is an aspect of their cultural environment.

The following information should be considered:

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This variation in time management is an aspect of their _cultural environment.

Explanation:

The working environment of countries differ.  This environment also dictates approaches to issues.  For example, this Middle Eastern company operates in a cultural environment that does not take issues with time management serious unlike the American counterpart.  The prevalent cultural environment may not be easy to overcome.  For this reason, companies engaging in international relationships should factor in this consideration of differences in culture whenever they venture outside.

d, conspicuous consumption is when you try to increase your wealth or social status (and in the case he's trying to create the perception of wealth considering he can't really afford it)