There is minimal danger in stereotyping or oversimplifying the cultural characteristics of different countries or regions

a. True
b. False
Indicate whether the statement is true or false


False

Business

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The Invacare Corporation, an Ohio-based manufacturer of wheelchairs and other health care equipment, purchases parts and components worldwide and sells its products in 80 nations. Which effect has Invacare experienced as a result of international trade?

a. The company's Ohio workforce is less stable. b. Design, the purchasing of parts, and final assembly all occur abroad. c. Prices for aluminum, steel, rubber, and other materials have increased. d. The company is better able to withstand decreased sales in the U.S.

Business

Steve has only 20 minutes to have lunch. Although he really likes McDonald's, the line is very long and he is concerned that he will not have a chance to get through the line and eat his lunch before he is due back at work

Steve perceives ________ risk in going to McDonald's today. A) time B) functional C) physical D) psychological E) social

Business

Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $13,900 cash in the business in exchange for common stock. 2. Andrea contributed $24,000 of photography equipment to the business. 3. The company paid $2500 cash for an insurance policy covering the next 24 months. 4. The company received $6100 cash for services provided during January. 5. The company purchased $6600 of office equipment on credit. 6. The company provided $3150 of services to customers on account. 7. The company paid cash of $1900 for monthly rent. 8. The company paid $3500 on the office equipment purchased in transaction #5 above. 9. Paid $315 cash for January utilities. Based on

this information, the balance in the cash account at the end of January would be: A. $16,050. B. $19,900. C. $14,935. D. $46,650. E. $11,785.

Business

Which of the following examples illustrates a niche strategy?

a. Libra, a motor company, uses new production techniques to achieve economies of scale. b. Alpha Electronics has decided to dissolve one of its strategic business units. c. Venus Inc. has decided to target customers in Asia. d. Relish, a confectionery store, sells its products only in one city.

Business