According to Hofstede’s Model of National Culture, the saying “He who dies with the most toys wins” indicates a culture high on the dimension of ________.
A. assertiveness
B. power-distance
C. individualism
D. collectivism
E. nurturing
A. assertiveness
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Polo Ralph Lauren, Tommy Hilfiger, and Wrangler manufacture jeans at plants in Mexico, thanks to the inexpensive labor there and various tax breaks from the Mexican government. These companies are
A. repatriating. B. using maquiladoras. C. countertrading. D. franchising. E. licensing.
Rolling Coast Inc. issued BBB bonds two years ago. These bonds provided a yield to maturity (YTM) of 11.5 percent. Long-term risk-free government bonds were yielding 8.7 percent at the time. The current risk premium on BBB bonds versus government bonds is half of what it was two years ago. If the risk-free long-term government bonds are currently yielding 7.8 percent, then at what interest rate should Rolling Coast expect to issue new bonds?
A. 7.8% B. 8.7% C. 9.2% D. 10.2% E. 12.9%
What is the passage of title to goods?
What will be an ideal response?
Winter Wonder Inc. is a leader in producing winter sports equipment, including skis and skates. Recently, the firm decided to expand into the bobsled market and acquired Sleds by Bob Inc. This company produced bobsleds, but its sales had slowed. The managers of Winter Wonder convinced themselves that they were able to manage the business of Sleds by Bob more effectively even though they had no experience in the bobsled market. However, this move backfired and the sale of Sleds by Bob's bobsleds plummeted. Which of the following terms is often used to describe this scenario?
A. managerial hubris B. winner's disadvantage C. interdepartmental apathy D. winner's curse