Which dimension of culture was found to be most receptive to transformational leadership?
a. high power distance
b. low uncertainty avoidance
c. collectivist
d. individualistic
c. collectivist
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In your ______ you do not introduce new ideas, but instead restate your central ideas.
Fill in the blank(s) with the appropriate word(s).
In the ABC inventory classification approach, approximately _______ percent of a firm’s items are in Class A.
What will be an ideal response?
In international business transactions, a documentary letter of credit:
A) is a method of payment of goods that reduces the seller's risk from the possibility that the goods will be shipped, but not paid for. B) is a type of bill of lading. C) is a guarantee by the seller's bank that it will pay the price of the exported goods if the seller breaches the contract. D) All of these.
What is the rationale for having a special limit of liability on for example a stamp collection?
A) There is no limit on the liability for a stamp collection. B) To prevent moral hazard C) It is difficult to determine the amount of loss. D) Both B and C