An ethnocentric attitude ________.
A. prompts managers to have a global view and look for the best approaches and people regardless of origin.
B. is the belief that the home country has the best work approaches and practices
C. is the view that employees in the host country know the best work approaches and practices
D. gives a manager a much broader understanding of what it takes to manage in a global environment
Answer: B
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For a firm to recognize an asset
a. a resource must represent a future economic benefit that the firm controls as a result of a past transaction or exchange. b. the firm must be able to measure the resource with sufficient reliability. c. must impose a future economic sacrifice because of a past event or transaction that the firm has little or no discretion to avoid. d. Both choices a and b are correct. e. None of these answer choices is correct.
List five common project management tools
What will be an ideal response?
An application of the capital asset pricing model, called the security market line, is more inclusive than the dividend growth model for pricing stocks and provides expected returns for companies based on their risk,
the premium for taking on risk, and the reward for waiting and not on their historical pattern of dividends. Indicate whether the statement is true or false.
Jason owns a warehouse that is used in business. The FMV of the warehouse is $200,000 (basis $120,000), and the warehouse is subject to a mortgage of $40,000. Jason exchanges the warehouse for land valued at $150,000. The other party also pays him $10,000 cash and assumes the mortgage on the warehouse. Jason's basis in the land received will be
A. $200,000. B. $180,000. C. $150,000. D. $120,000.