The definition of culture includes ______.
A. it is shared by roughly half of the group
B. older members create and archive the culture
C. it shapes behavior or structures one’s perception of the world
D. it is shared by 100% of the group
C. it shapes behavior or structures one’s perception of the world
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George, a chef and owner of L'Auberge, a popular restaurant, is always visiting his competitors to observe how they are doing things in their restaurants. He told one of his managers, "I eat dinner at a lot of restaurants because I want to know what is going on. I am always concerned that one of our competitors will surprise us with a new service or menu item, like ours but better." In which activity is George engaging?
A. competitive intelligence B. environmental scanning C. TQM D. corporate spying E. management by observation
The accountant-client privilege is a law that entails that ________
A) only an accountant can serve as a witness for the client in a court action B) only an accountant's paperwork be taken as prima facie evidence against a client in a court action C) an accountant cannot be called as a witness against a client in a court action D) an accountant does not enjoy work product immunity when a client is accused of gross negligence
Cultures that have a collectivist value system also tend to have
a. A high-context orientation b. A low context orientation c. An individualistic culture d. There are not associations between culture and collectivist values
On June 14, Sure-Fit Shoe Store sold $12,000 of merchandise that cost $8,000 and accepted credit cards as payment. Sure-Fit electronically transmitted the credit card forms to the credit card company which charges a 3% fee to handle such transactions. On June 18, Sure-Fit received the proceeds from the credit card company.Required:a) Prepare the entry to record the sale of the merchandise on June 1 in general journal format.b) Prepare the journal entry to record the credit card proceeds on June 18 in general journal format.
What will be an ideal response?