Which of the following GLOBE cultural dimensions is defined as--the extent to which a society, organization, or group relies on societal norms, rules, and procedures to alleviate unpredictability of future events?

A. power distance
B. uncertainty avoidance
C. humane orientation
D. institutional collectivism


B. uncertainty avoidance

Business

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Neptune Corp. buys a wide range of products from automobile parts manufacturers, motorcycle riding gear manufacturers, and commercial paint manufacturers. It then sells these products to a wide range of different customers. It is evident that Neptune Corp. is a(n) _____.

A. independent store retailer B. independent wholesaling business C. broker D. producer

Business

Best Bagels, Inc. (BB)

currently has zero debt.  Its earnings before interest and taxes (EBIT) are $130,000, and it is a zero growth company.  BB’s current cost of equity is 13%, and its tax rate is 25%.  The firm has 30,000 shares of common stock outstanding selling at a price per share of $25. Refer to the data for . Now assume that BB is considering changing from its original capital structure to a new capital structure with 40% debt and 60% equity. This results in a weighted average cost of capital equal to 11.7% and a new value of operations of $833,333. Assume BB raises $333,333 in new debt and purchases T-bills to hold until it makes the stock repurchase. BB then sells the T-bills and uses the proceeds to repurchase stock. How many shares remain after the repurchase, and what is the stock price per share immediately after the repurchase? Remaining shares; Stock price after repurchase A. 18,000; $27.78 B. 19,400; $29.44 C. 20,800; $31.51 D. 21,800; $34.34 E. 23,500; $35.71

Business

The term ________ generally refers to a technology or product that is copyrighted and not available for use without some type of fee or payment to its owner

A) Internet technology B) RFID (Radio Frequency Identification) technology C) Proprietary D) IEEE (Institute of Electrical and Electrical Engineers) technology

Business

In the FoxMeyer case, at a high level, they failed to develop a(n) ________ for the change that came with their ERP implementation

A) example B) training C) business case D) presentation

Business