Which form of entry into a global market makes a firm the most vulnerable to harm regarding its brand name or reputation?

A. direct investment
B. indirect exporting
C. direct exporting
D. joint venture
E. licensing


Answer: E

Business

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______ consists of a small group of workers who come together for a set amount of time to discuss and resolve specific issues.

A. cross-functional team B. self-managing team C. problem-solving team D. virtual team

Business

________ refers to a sense of consistency, internal causality, and personal distinctiveness and is expressed through patterns of behavior in interaction with an individual's environment

A) Attitude B) Belief C) Culture D) Personality E) Status

Business

Recent changes in the financial reporting environment include which of the following?

a. The adoption or planned adoption of IFRS, or standards based on IFRS, for financial reporting in over 100 countries. b. The willingness of the Securities and Exchange Commission in the United States to permit non-U.S. firms that list and trade their securities in the United States to report using IFRS without a reconciliation to U.S. GAAP. c. The requirement to measure certain assets and liabilities at fair value instead of acquisition cost, and in some cases, to include the changes in fair value in net income instead of other comprehensive income. d. The codification of U.S. GAAP into a single body of literature. e. all of the above

Business

In the context of Maslow’s hierarchy of needs, a person can consider self-actualization before addressing basic needs concerning security and safety.

Indicate whether the statement is true or false

Business