Ethnocentrism is the tendency to judge others by the standards of one's own culture or group, which are seen as superior.
Answer the following statement true (T) or false (F)
True
Without realizing it, some managers may act out of ethnocentrism, a tendency to judge foreign people or groups by the standards of one's own culture or group, and to see one's own standards as superior.
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Non-media connectors
A) are the same as media connectors. B) often escape the view of auditing bureaus. C) provide marketers with the most accurate audience data. D) have very little influence on consumer purchase decisions. E) receive money for influencing public opinion in most cases.
Donna defaulted on her loan owed to Second State Savings and Loan. The loan was secured with Donna's car. Donna used the car for personal and family reasons. Which statement is correct?
a. Second State may take Donna's car without a court order if this can be done without a breach of the peace. b. Second State may take Donna's car without a court order even if it means a breach of the peace. c. Second State may not take Donna's car because it is a consumer good. d. Second State may not take Donna's car because perfection was automatic.
Jenifer owns a bakery that specializes in preparing extravagant wedding cakes. She is a sought-after baker because of the quality and finesse of her products. Jenifer believes that the pressure of living up to the expectations of her customers and delivering quality products always keeps her on the edge and helps her to deliver her best. Which of the following advantages of entrepreneurship is highlighted in the given scenario?
A. Challenge B. Independence C. Survival D. Flexibility
Which statement is (are) true with respect to enterprise risk management programs? I. They address traditional property, liability, and personnel loss exposures. II. They do not address financial risks
A) I only B) II only C) both I and II D) neither I nor II