Ryleigh lives in a culture where there is a high acceptance of differing thoughts and ideas. Her society tends to impose few regulations, the environment is free flowing, and people are more accustomed to ambiguity. Ryleigh is living in a society that describes which of Hofstede’s dimensions?
a. Long-term orientation
b. Individualistic
c. Low uncertainty
d. Low power distance
c. Low uncertainty
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According to agenda setting theory, the news media are selective when reporting the news, and, as a result, much of reality is not covered by the media. Explain the four step framing process used by media gatekeepers. Give an example to illustrate each concept.
What will be an ideal response?
Norman was recognized as the best Albertons' employee of the year. His name, along with the names of other winners, is engraved on a plaque that is prominently displayed in the store. This is an example of
A. management by objective. B. an extrinsic reward. C. an intrinsic reward. D. management by exception. E. job enrichment.
Which of the following statements is correct?
A. Other things held constant, it is generally safer to invest money in a proprietorship than in a corporation. B. There really is no difference between a general partnership and a corporation, because both have multiple owners and both offer limited liability to the owners. C. If you are planning to start a business, which you will run as the sole employee, and if you expect the business to earn $1,000,000 per year before taxes, you always can minimize the total taxes you pay by setting up the business as a corporation. D. According to the text, "agency problems" tend to increase when managers own larger relative amounts of the company's stock. E. Maximizing the income statement item "net income" might not be the best goal for a corporation if the managers are interested in maximizing the economic welfare of the firm's stockholders (that is, the firm's stock price).
The motive to pay stock dividend to retain cash to satisfy past-due bills, may result in a decline in market value
Indicate whether the statement is true or false