In business environments operating within a ______ culture, there is less emphasis on interpersonal relationships and more on the individual.
A. social context
B. low-context
C. euphemism context
D. high-context
B. low-context
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Which of the following is a type of incentive compensation?
a. Health insurance b. Profit-sharing plans c. Pension plans d. Flexible spending programs
__________ interviews are attractive because of their convenience and low cost and they make it easier to interview people in different geographic areas.
A. Video B. Behavioral description C. Panel D. Structured
________ are probable future payments of assets or services that a company is presently obligated to make as a result of past transactions or events.
Fill in the blank(s) with the appropriate word(s).
If the chance of loss is high and loss severity is high, generally the most appropriate risk management tool is:
A) risk transfer B) risk reduction C) risk assumption D) risk avoidance