KFC’s “Finger-Lickin’ Good” was interpreted as “Eat your fingers off” in China; Swedish vacuum maker’s ad campaign for Electrolux centered on the slogan, “Nothing sucks like an Electrolux” which understandably failed to appeal to many U.S. consumers; and Braniff Airlines advertised its leather seats with the slogan “Fly in leather” which was translated in Mexico as “Fly naked.” These are examples of the breakdown of
a. Servant leadership
b. Cross-cultural communication
c. Diversified communication
d. Mixed communication
b. Cross-cultural communication
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Elite Services, Inc. pays $1,350,000 to acquire 38% of voting stock of Grey Investments, Inc. on March 5, 2017. Which of the following is the correct journal entry for the transaction?
A) Long-term Investments-Grey Investments, Inc. 1,350,000 Cash 1,350,000 B) Long-term Investments-Available-for-Sale 1,350,000 Cash 1,350,000 C) Cash 1,350,000 Long-term Investments-Available-for-Sale 1,350,000 D) Cash 1,350,000 Long-term Investments-Grey Investments, Inc. 1,350,000
Partners in a general partnership have a right to
a. share in partnership profits. b. participate in management. c. share in the ownership of partnership property. d. all of these.
A denial of credit based solely on the age of the borrower is always illegal
Indicate whether the statement is true or false
The Federal Reserve Bank just issued its economic report on the U.S. economy for the quarter just ended. The following are some of the key points mentioned in the report: "Economic activity has continued to grow at a moderate pace since the last report.""Manufacturers report that business activity has picked up considerably in recent weeks.""Tourism activity has strengthened, no longer held back by harsh weather.""General merchandise retailers report that sales rebounded strongly in April and early May.""Retail contacts generally say that inventories are at satisfactory levels, that prices are mostly steady, and that the degree of discounting is little changed from a year ago."Based on these economic forces, you can conclude
A. that the economy is entering the depression stage of the business cycle. B. that the economy is in the prosperity stage of the business cycle and consumers' buying power is declining. C. that the economy is in the recession stage of the business cycle and consumers' buying power is increasing. D. that the economy is in the recession stage of the business cycle and consumers' buying power is declining. E. that the economy is in the prosperity stage of the business cycle and consumers' buying power is increasing.