Which of the following options is an example of a high-context culture?

A. In Japan, negotiators preferring not to flatly say "no" to a business request
B. Lawyers in the United States making a contract as straightforward as possible
C. Negotiators from China preferring to involve lawyers at the very first phase of contract drafting
D. The French taking communication at face value


Answer: A

Business

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Church & Dwight, Co is a U.S. manufacturer of household products. The firm owns a line of toothpastes under the brand name Arm & Hammer Peroxicare. The firm also sells other products under the brand name Arm & Hammer

Arm & Hammer Peroxicare is an example of which of the following encoding strategies? A) company name B) company and brand name C) brand and subbrand name D) company and product name E) brand name only

Business

In its focus on bottom-line financial value, the ________ approach often overlooks the "option value" of brands and their potential to affect future revenues and costs

A) brand equity B) brand value chain C) customer tracking D) customer equity E) brand extension

Business

Using a combination of approaches tends to confuse prospects and rarely results in identifying customer needs

Indicate whether the statement is true or false

Business

One of several ratios that reflects solvency includes the:

A. Total asset turnover. B. Times interest earned ratio. C. Acid-test ratio. D. Days' sales in inventory. E. Current ratio.

Business