Which of the following statements is true of individualist firms?
A. They tend to follow each other.
B. They try to differentiate themselves from each other.
C. They have a great tendency for centralized authority.
D. They consider ''aggressive'' a negative term.
Answer: B
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All of the following are among the most important reasons why accounting standards differ around the world except:
a. differences in the state of economic development b. differences in taxation c. differences in inflation d. differences in code law in all countries around the world
In most states, it is illegal to sell stock
A) at a discount. B) with no par value. C) at a premium. D) in excess of par value.
In the GLOBE study, the authors derived nine cultural dimensions and measured them both as practices and ______.
a. systems b. processes *c. values d. characteristics
The receiver of property under intestacy statutes is known as a(n) ________
A) assignee B) trustee C) beneficiary D) heir