Which of the following statements is correct?
a. Latin Americans use a buffer when delivering bad news.
b. German letters tend to be informal.
c. French letter endings tend to be rather formal.
d. Japanese letters avoid bad news.
D
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This year, Game Co took advantage of market conditions to refund its outstanding debt. Game should report the excess of the carrying amount of the old debt over the amount paid to extinguish it as a(n)
A) deferred credit to be amortized over life of new debt. B) part of continuing operations. C) extraordinary item, net of income taxes. D) prior period adjustment.
Answer the following statements true (T) or false (F)
1. The Sarbanes-Oxley Act set up the Federal Trade Commission to ensure consumer protection and to eliminate and prevent anticompetitive business practices, with penalties of as much as 25 years in prison for noncompliance. 2. Companies can reduce unethical behavior by offering a case-based approach to ethics training that presents employees with ethical dilemmas and clarifies expectations. 3. Despite recent pressure from stockholders to increase profits, World Extraction Corp., a global petroleum organization, has maintained a practice of consistently acting ethically by being a good global corporate citizen, taking host-country and global standards into consideration when making decisions, and obeying the laws of host countries as well as international law. World Extraction Corp. provides an example of a company acting in a socially responsible way. 4. As businesses are going green today, sustainability programs have produced environmental benefits, but unfortunately, they have also resulted in higher costs and lower revenues, and at times, they have hurt organizations competitively. 5. After the scandals at WorldCom, Tyco, Adelphia, and Enron, in which company employees lost millions of dollars and their nest eggs, U.S. companies showed less concern for corporate governance and more interest in the development of corporate social responsibility.
When a firm uses a direct-shipment design, ______.
A. each supplier sends shipments directly to each of the buying firm’s locations B. the only decision the buying company’s purchasing manager has to make is the quantity of goods to be ordered C. the only decision the buying company’s purchasing manager has to make is the price of goods to be ordered C. the only decision the buying company’s purchasing manager has to make is the date the goods are to be delivered
In the context of business relationships in Japan, which of the following best describes amae?
a. It is the feeling of nurturing concern for, and dependence upon, another. b. It is the lack of motivation among employees in businesses. c. It is a legal consolidation and collaboration of companies into a single entity. d. It is a network of interlocking corporate affiliates.