______ is a set of knowledge structures consisting of systems of values, norms, attitudes, beliefs, and behavioral meanings that are shared by members of a social group (society) and embedded in its institutions and that are learned from previous generations.

Fill in the blank(s) with the appropriate word(s).


Culture

Business

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“Come to my office to discuss the future” is an example of

a. general language. b. specific language. c. authoritarian language. d. democratic language.

Business

Which of the following statements regarding a 15-year (180-month) $225,000, fixed-rate mortgage is CORRECT? (Ignore taxes and transactions costs.)

A. The outstanding balance declines at a faster rate in the later years of the loan's life. B. The remaining balance after three years will be $125,000 less one third of the interest paid during the first three years. C. Because the outstanding balance declines over time, the monthly payments will also decline over time. D. Interest payments on the mortgage will increase steadily over time, but the total amount of each payment will remain constant. E. The proportion of the monthly payment that goes towards repayment of principal will be lower 10 years from now than it will be the first year.

Business

A balance of which two concepts should you base your target market upon?

a. User needs and industry b. Financial projections and market price c. Internal and external factors d. White space and venture concept

Business

Which of the following defines the set of customer needs that a company seeks to satisfy through its products and services?

A) Competitive strategy B) Product development strategy C) Marketing and sales strategy D) Supply chain strategy

Business