Western countries generally nurture firms with long horizons.

Answer the following statement true (T) or false (F)


False

Cultures with a long-term orientation are likely to nurture firms with long horizons. In comparison, Western firms often focus on relatively short-term profits. See 3-4: Culture and Global BusinessCulture and Global Business

Business

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The MBCA as amended in 1980 and the Revised Act have adopted a net asset test for the issuance of dividends

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

Business

A forged signature is effective as the signature of a drawer to the extent that is resembles the drawer's actual signature

Indicate whether the statement is true or false

Business

Under the UPA, and absent an agreement, a tenancy in partnership possesses all the following characteristics, except:______

A) each partner has an equal right to use firm property for partnership purposes in the absence of a contrary agreement. B) each partner possesses no divisible interest in any specific item of partnership property that can be voluntarily sold, assigned, or mortgaged by a partner. C)each creditor of a partner cannot proceed against any specific items of partnership property. D)the partnership must file necessary documentation with the state where it does business.

Business

Kate recently learned to play golf. Last week, she decided to try a new golf course. She signed in to play and was given the keys to an electric golf cart without any instructions on how to operate it. After she drove the cart into a lake, she swore never to play golf again. According to Kate,  "There are just too many things you have to know before you can become a real golfer." Two months later, the golf course manager called Kate and asked why she had not returned to play another game. Which service recovery strategy is being used in this example?

A. Make the service fail safe B. Use procedural fairness C. Treat customers proactively D. Learn from lost customers E. Encourage and track complaints

Business