Which of the following statements about culture is most likely FALSE?
A) Indirect communication is preferred in Africa.
B) Harmony is highly valued in Asian countries.
C) Gift giving is considered unethical in China.
D) Americans value promptness for business meetings.
E) Tactfulness is important when doing business in Arab countries.
C
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Mahon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 17,800? 14,800?Direct labor-hours 6400? 7400?Total fixed manufacturing overhead cost$106,800?$56,240?Variable manufacturing overhead per machine-hour$1.70? Variable manufacturing overhead per direct labor-hour $3.40?During the current month the company started and finished Job T138. The
following data were recorded for this job:Job T138:Casting CustomizingMachine-hours90? 40?Direct labor-hours15? 90?The amount of overhead applied in the Customizing Department to Job T138 is closest to: (Round your intermediate calculations to 2 decimal places.) A. $288.00 B. $81,400.00 C. $990.00 D. $576.00
When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods coming from the home country include the fact that
A. the countries have similar levels of economic development. B. the cultures of the two countries should be relatively similar and compatible. C. the two countries are part of the same regional trade agreement. D. export and import regulations are not insurmountable. E. the climate for foreign direct investment in the importing nation is relatively favorable.
Ryan, a team leader, completed the performance analysis of his team members. Before the team members could access them, Ryan sent the reports to a senior manager via e-mail. Which of the following is a reason why he should avoid using electronic media to send the report?
A. Sensitive or private information can be leaked or sent to a wrong recipient. B. Electronic media does not provide a permanent record of communication for later reference. C. Electronic media may not be effective for solving some types of complex problems. D. Electronic media is an inaccurate tool to deliver routine messages. E. Messages do not remain the same after they have been relayed to others.
According to the text, ____ interpretation focuses on what is typical or what deviates from the average.
A. statistical B. descriptive C. exploratory D. secondary E. primary