In the context of the economic differences among nations in international trade, effectively serving less-developed markets requires:
A. the issuance of embargoes.
B. the solicitation of money.
C. innovation.
D. ethnocentricity.
Answer: C
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Answer the following statements true (T) or false (F)
1. The cultural dimensions of masculinity and femininity are almost completely conveyed and achieved through communication behaviors and choices. 2. A culture that values speed and results over a persistent and focused approach has a short-term time orientation. 3. We never truly understand the complexity of our own culture until we compare it with other cultures. 4. Perception checking is only possible with a direct approach. 5. Some organizations are putting in place training for cultural competence in order to increase cultural sensitivity, tolerance, and appreciation of diversity in the workplace.
CASE 21.4 Escott v. BarChris Construction Corp (1968) dealt with the issue of due diligence as a defense in the offering process
a. True b. False Indicate whether the statement is true or false
Financial managers emphasize the goal ofmaximizing the market price of stock because:
A. they have a fiduciary duty. B. they have to safeguard owner's investments. C. their money is at risk. D. they are socially responsible.
In U.S. v. Allmendinger, involving an insurance scam run by Allmendinger and others, Allmendinger received a much longer prison sentence than a co-conspiriator, which he appealed. The appeals court held that a long prison sentence would be overturned due to Allmendinger's cooperation in the investigation of the crime
a. True b. False Indicate whether the statement is true or false