Select a country you are familiar with--or, if you have not traveled to another country, select a region within the United States--and analyze its culture, using Hofstede’s dimensions of cultural differences.
What will be an ideal response?
Answers will vary with the country or region selected. Students should refer to
Hofstede’s dimensions as described in the chapter--power distance, uncertainty
avoidance, masculinity-femininity, collectivism-individualism, context, and time.
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Project feasibility includes all of the following except
a. technical feasibility b. conceptual feasibility c. operational feasibility d. schedule feasibility
Harper has limited time to make a decision about which marketing plan to use. She does not know much about marketing strategy, but she will apply what she can rather than trying to gather all the information. Harper is using the ______ model of decision-making.
A. doing B. optimizing C. being D. satisficing
Increasing your own _____________ is an excellent way to stand out in the workplace ensuring that your hard work is acknowledged and fairly rewarded.
What will be an ideal response?
Maxim manufactures a hamster food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The variable production costs per bag are $1.80 and total fixed costs are $10,000. The hamster food can be sold as it is for $9.00 per bag or be processed further into Premium Green and Green Deluxe at an additional $2,000 cost. The additional processing will yield 10,000 bags of Premium Green and 3,000 bags of Green Deluxe, which can be sold for $8 and $6 per bag, respectively. The net advantage (incremental income) of processing Green Health further into Premium Green and Green Deluxe would be:
A. $8,000. B. $98,000. C. $96,000. D. $6,000. E. $2,000.