Julius has suffered an injury at work. Some cultures would focus on helping him become self- efficient so that he may one day return to work. However, his societal norm will be to focus on ongoing assistance by his extended family members. Julius’s society illustrates which of Hofstede’s dimensions?
a. Collectivistic
b. Highly cooperative
c. Long-term orientation
d. Low power distance
a. Collectivistic
You might also like to view...
Over sufficiently long time periods, the amount of net income equals
a. cash inflows minus cash outflows from operating activities. b. cash inflows minus cash outflows from operating and investing activities. c. cash inflows minus cash outflows from operating, investing, and debt servicing activities. d. cash inflows minus cash outflows from operating and debt servicing activities. e. cash inflows minus cash outflows from investing and debt servicing activities.
The duty of a grand jury is to ________
A) decide if there is enough evidence to justify bringing a defendant to trial B) decide if the defendant is guilty beyond a reasonable doubt C) make a finding of guilt D) determine the sentence to be imposed in misdemeanor cases
Nile Food's stock has a beta of 1.4, while Elba Eateries' stock has a beta of 0.7. Assume that the risk-free rate, rRF, is 5.5% and the market risk premium, (rM - rRF), equals 4%. Which of the following statements is CORRECT?
A. If the risk-free rate increases but the market risk premium remains unchanged, the required return will increase for both stocks but the increase will be larger for Nile since it has a higher beta. B. If the market risk premium increases but the risk-free rate remains unchanged, Nile's required return will increase because it has a beta greater than 1.0 but Elba's required return will decline because it has a beta less than 1.0. C. Since Nile's beta is twice that of Elba's, its required rate of return will also be twice that of Elba's. D. If the risk-free rate increases while the market risk premium remains constant, then the required return on an average stock will increase. E. If the market risk premium decreases but the risk-free rate remains unchanged, Nile's required return will decrease because it has a beta greater than 1.0 and Elba's will also decrease, but by more than Nile's because it has a beta less than 1.0.
What key feature distinguishes nonparametric from parametric tests?