Americans tend to underestimate the importance that relationship building plays in conducting business in other countries.
Answer the following statement true (T) or false (F)
True
American project managers have earned a reputation abroad for being very good at understanding technology but not good at understanding people. As one Indonesian engineer put it, "Americans are great at solving technical problems, but they tend to ignore the people factor." For example, Americans tend to underestimate the importance that relationship building plays in conducting business in other countries.
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Broadbent Industries carries a part that is popular in the manufacture of automatic sprayers. Demand for this part is 4,000 units per year; order costs amount to $30 per order, and holding costs total $1.50 per unit. The company, which currently places four orders per year with its suppliers, is considering the implementation of an economic order quantity (EOQ) model to better manage its inventories. Preliminary EOQ calculations revealed an optimal order quantity of 400 units and total annual inventory costs of $600.Required: A. In comparison with its current policy, how much will Broadbent save by adopting the EOQ model?B. Briefly explain the philosophical difference between the EOQ model and the just-in-time model. Which of the two models will likely result in lower holding costs for
the firm? Why? What will be an ideal response?
When we employ skillful enacting of impression management, we are engaged in a form of which of the following?
A. scripting B. framing C. exemplification D. performance
Partnerships:
A. are taxed on their operations at the same level as corporations. B. cannot save income tax even if losses are anticipated in the early years of business. C. need to pay privilege taxes to do intrastate business in another state. D. are not required to pay corporate franchise taxes.
Charismatic leadership is often described as being similar to or even synonymous with ______.
A. transformational leadership B. adaptive leadership C. servant leadership D. transactional leadership