What is the difference between a "long-term" orientation and a "short-term" orientation?
What will be an ideal response?
Long-term orientation is defined as the degree to which members of a given culture value persistence, thrift (savings), and order in relationships. It is argued that cultures with a long-term orientation are more likely to experience stronger economic growth and entrepreneurial activity. Having a short-term orientation means that a culture respects tradition, the exchange of gifts and favors, protecting one's "face," steadiness, and stability. Both long- and short-term orientation can be traced to the teachings of Confucius, although this cultural dimension also applies to non-Confucian-influenced countries.
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Which of the following is NOT a guideline for responding to negative online reviews??
A) ?Avoid addressing negative aspects. B) ?Show appreciation for the feedback. C) ?Reinforce positive aspects of the feedback. D) ?Invite the customer to experience your product or service again.
The sales ________ provides a way for a salesperson to present the product's major features, describe its strengths, and detail how it will improve the business or life of the potential customer.
Fill in the blank(s) with the appropriate word(s).
Warren Supply Inc. is evaluating its capital budget. The company finances with debt and common equity, but because of market conditions, wants to avoid issuing any new common stock during the coming year. It is forecasting an EPS of $3.00 for the coming year on its 500,000 outstanding shares of stock. Its capital budget is forecasted at $800,000, and it is committed to maintaining a $2.00 dividend per share. Given these constraints, what percentage of the capital budget must be financed with debt?
A. 30.54% B. 32.15% C. 33.84% D. 35.63% E. 37.50%
Participants in the Coffee Café's loyalty program get a free large cup of coffee after every 10th cup of coffee purchased. After purchasing 100 cups of coffee from the Coffee Café, loyalty program participants receive a $10 gift certificate good for food and beverage items or merchandise. Coffee Café's uses ________ to encourage its customers to remain loyal.
A. Customization bonds B. Financial bonds C. Structural bonds D. Social bonds E. Security bonds