According to Hofstede’s Model of National Culture, societies where inequalities are allowed to continue and grow are high in _________.

A. assertiveness
B. power-distance
C. individualism
D. collectivism
E. nurturing


B. power-distance

Business

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When a worker quits from a steel company and joins an automobile firm, what factor of mobility does this come under?

a. movement of factors of production between firms within an industry b. movement of factors of production across industries c. movement of factors of production between countries within an industry d. movement of factors of production between countries across industries

Business

This question contains several parts; be sure to answer all of them. First, describe three nonmonetary ways of compensating and retaining employees. Second, imagine that you manage a small appliance store where salespeople are paid an hourly wage with no bonus or additional compensation. Recently, a big-box store has been luring away your best people by offering them not only a higher hourly wage, but also pay for performance (based on their sales). List and explain at least three ways to improve your employee retention.

What will be an ideal response?

Business

Though all financial statements are important, the cash flow statement deserves special attention.

Answer the following statement true (T) or false (F)

Business

Explain the purpose of a standstill agreement and the basics of how it works.

What will be an ideal response?

Business