Answer the following statements true (T) or false (F)

1. Future orientation describes cultures that emphasize planning and investing.
2. According to the Global Codex, the Responsiveness Principle advocates dealing fairly with everyone.
3. Modern cosmopolitans take a humanistic approach to globalization that every human being has dignity and value regardless of their location, status or background.
4. Project GLOBE stands for Global Leadership and Organizational Behavior Effectiveness.


1. True
2. False
3. True
4. True

Business

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Important criteria on which to evaluate segment attractiveness include:

a. size, growth rate, competitive intensity, ability to address segment needs b. size, growth rate, competitive intensity, product line c. size, growth rate, supplier power, ability to address segment needs d. size, threat from substitutes, competitive intensity, ability to address segment needs e. size, threat from substitutes, supplier power, competitive intensity

Business

A corporation issued 5,000 shares of its no par common stock that was assigned a $1 stated value per share. The issue price was $10 per share. The entry to record this transaction would be:

A. Debit Treasury Stock $50,000; credit Cash $50,000. B. Debit Common Stock $25,000; debit Paid-in Capital in Excess of Par Value, Common Stock $5,000; credit Common Stock $45,000. C. Debit Cash $50,000; credit Common Stock $50,000. D. Debit Cash $50,000; credit Paid-in Capital in Excess of Stated Value, Common Stock $45,000; credit Common Stock $5,000. E. Debit Common Stock $50,000; credit Cash $50,000.

Business

Chapter 7 of the Bankruptcy Code exclusively deals with transnational insolvency cases between the United States and foreign countries

Indicate whether the statement is true or false

Business

If a premium is not paid on the due date, the policy lapses

Indicate whether the statement is true or false

Business