According to Leung and Bond, the degree to which societies are characterized by cognitive apprehension or assessment of the world confronting people is referred to as ________
A) dynamic externality
B) societal cynicism
C) fate control
D) social complexity
B
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Tough and Strong Inc expects to sell 51,000 units of its product in the coming year. Each unit sells for $45. Sales brochures and supplies for the year are expected to cost $7,000. Three sales representatives cover the Northeast region. Each one's base salary is $25,000, and each earns a sales commission of 5 percent of the selling price of the units he or she sells. The sales representatives use
their own transportation; they are reimbursed for travel at a rate of $0.40 per mile. The company estimates that the sales representatives will drive a total of 75,000 miles next year. From the information provided, calculate the company's budgeted selling expenses for the coming year. A) $226,750 B) $176,750 C) $151,750 D) $114,750
The establishment of new facilities from the ground up is known as
A. gray market trade. B. exporting. C. cross-border acquisition. D. international entrepreneurship. E. greenfield investment.
Which of the following is not a function of financial statements as stated in the text?
a. Assessing managerial performance b. Valuing the company c. Providing accurate information to taxing agencies d. Making credit decisions
Which of the following is NOT an advantage of video interviews?
a. They make better use of a recruiter's valuable time. b. They screen out applicants who cannot work under pressure. c. They allow students who may have financial constraints to meet with large companies. d. They eliminate the need for face-to-face interviews.