In the context of Geert Hofstede's dimensions of cultural variation in values, long-term versus short-term orientation refers to the extent to which:
A. people emphasize personal or group goals.
B. a culture programs its members to feel either comfortable or uncomfortable in unstructured situations.
C. a culture programs its members to accept delayed gratification of their material, social, and emotional needs.
D. members of an organization accept inequality and whether they perceive much distance between those with power and those with little power.
Answer: C
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Homeowner hired a plumber to work on a leaky water line. The plumber demonstrated to and informed the homeowner how to cut off the water at the connecting line to the city system in the event the leak got worse before the plumber could return with
all the proper parts. Homeowner intentionally neglected to shut the water off and incurred a water bill from the city for $400 more than the usual bill. Homeowner is now suing the plumber. The plumber should argue that the homeowner failed to: A) mitigate the damages. B) mitigate the contract. C) agree to equitable remedies. D) agree to specific performance.
An oral contract for the sale of land is:
A) Void. B) Unenforceable. C) Enforceable. D) Implied. E) Voidable.
Which of the following follows all the steps outlined in the process improvement plan in order to identify the improvements necessary to enhance the quality of a project?
A) quality process analysis B) quality inspections C) quality audit D) quality work review
In a regression model involving 40 observations, the following estimated regression model was obtained: y = 10 + 3x1 + 5x2 + 6x3 . For this model, SSR = 300 and SSE = 75 . Then, the value of MSR is:
a. 100. b. 225. c. 25. d. 75.