Kim, a Japanese expatriate working in Denmark, tends to use communication primarily to build personal social relationships. She feels that relationships and trust are more important than business. Kim is surprised that her business associates in Denmark do not share the same views. Based on this information, Kim most likely grew up in which of the following types of culture?

A. Human-oriented
B. Passive
C. Assertive
D. Low-context
E. High-context


Answer: E

Business

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One important difference between return on assets (ROA) and return on common shareholder's equity (ROCE) is

a. ROA does not differentiate based on how a company finances its assets; ROCE does. b. ROA does not distinguish between the different types of income items, such as income from continuing operations, discontinued operations, extraordinary items and changes in accounting principles; ROCE does. c. ROCE does not distinguish between the different types of income items, such as income from continuing operations, discontinued operations, extraordinary items and changes in accounting principles; ROA does. d. ROCE does not differentiate based on how a company finances its assets; ROA does.

Business

Tommie, a six-year-old child, was seriously injured when he stuck a fork into an electrical outlet at a restaurant. His parents sued the restaurant where the incident occurred, claiming it should have had child protective guards on the outlets even though no law required the restaurant to do so. Whether the restaurant is liable will be dependent upon whether

a. the incident was reasonably foreseeable. b. the court views Tommie as a licensee or a trespassing child. c. this is negligence per se. d. this is an ultrahazardous activity.

Business

The aspects of agency actions given the most intense scope of review by the courts are:

a. Congressional responsiveness requirements b. factual basis for imposition of regulations c. connection to statutory power grant d. cost to benefit relationships e. none of the other choices

Business

A recent survey in Michigan revealed that 60% of the vehicles traveling on highways, where speed limits are posted at 70 miles per hour, were exceeding the limit. Suppose you randomly record the speeds of ten vehicles traveling on US 131 where the speed limit is 70 miles per hour. Let X denote the number of vehicles that were exceeding the limit. Suppose that an highway patrol officer can obtain radar readings on 500 vehicles during a typical shift. How many traffic violations would be found in a shift?

What will be an ideal response?

Business