What are some of the salient characteristics and differences between high- and low-context cultures?
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In a low-context culture, messages are explicit and specific; words carry most of the communication power whereas in high-context culture, less information is contained in the verbal part of a message. Much more resides in the context of communication, including the background, associations, and basic values of the communicators. Japan and Saudi Arabia are examples of high-context culture, where a great deal of emphasis is placed on a person's values and position or place in society. In a low-context culture, such as the United States, Switzerland, or Germany, deals are made with much less information about the character, background, and values of the participants. In a high-context culture, a person's word is his or her bond. As a result, lawyers are much less important in high-context cultures. This also makes negotiations lengthy in high-context culture since several meetings or prodding is needed.
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It was them that suggested a cruise to the caribbean islands
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Which element below is explained by the extent to which employees perceive that they are valued and cared for by the organization, as delivered by middle managers?
a. Perceived organizational support b. Divine administration c. Organizational appreciation d. Sense of support for the organization
A project that requires an initial investment of $340,000 is expected to have an after-tax cash flow of $70,000 pe
year for the first two years, $90,000 per year for the next two years, and $150,000 for the fifth year? Assume the required return for this project is 10%. a. What is the NPV of the project%? b. What is the IRR of the project? c. What is the MIRR of the project? d. What is the PI of the project? e. What decision would you make regarding this project if the required rate of return is 10%? f. What is the equivalent annual annuity using a 10% required rate of return?
Why are attorneys responsible for the misconduct of their nonlawyer assistants, including paralegals?
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