Edison, an American, was enjoying his new position in Singapore. He had a great time exploring his new environment, but is realizing that he just does not fit in. He has not been able to use the bathroom in a week because the food is so different. He almost lost an account because he did not understand an offensive custom. And, he is generally confused about the pedestrian laws. Edison has fallen into which stage of culture adaptation?
a. Autonomy
b. Disintegration
c. Reintegration
d. Independence
b. Disintegration
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An organization following a ______ strategy will be most interested in minimizing all internal costs, including employee costs. Such an organization will be concerned with maximum efficiency and effectiveness.
A. differentiator B. generic cost leadership C. niche D. vision
A formal statement of future plans, usually expressed in monetary terms, is a:
A. Variance analysis. B. Prospectus. C. Variance report. D. Budget. E. Position statement.
Art is a 21-year-old full-time student. Art's support is provided as follows: Art48% Art's parents52% ? Assuming all other tests for dependency not mentioned are satisfied, ?
A. Art is a qualifying child of his parents but is not a qualifying relative. B. Art is a qualifying relative of his parents but is not a qualifying child. C. Art is a qualifying child and a qualifying relative. D. Art is neither a qualifying child nor a qualifying relative.
Samz Off-Road Rage is a motorcycle shop that caters to off-road sports. The store carries top brand off-road motorcycles, and parts and accessories in addition to helmets, boots, safety equipment, clothing, and small items like stickers and flashlights. It imports KTM motorcycles directly from Austria, Husqvarna motorcycles from Sweden, and Ducati motorcycles from Italy, and carries the top US brands as well. Sam pays an import facilitator to handle all of the importing paperwork, pick up the motorcycles, and pay any fees that may be due. Sam is required to reimburse the company for the fees. Sam's shop is on a main street near an auto mall and industrial area. Sam pays monthly rent and utilities, and pays for a business license, security system, cleaning service, accounting service, all
store supplies and display materials, and has six employees. His monthly profit is about $50,000. On an income statement, where would the rent, utilities, business license, security system, cleaning service, accounting service, supplies, display materials and payroll be found? A. Revenues B. Cost of goods sold C. Operating expenses D. Net income