Describe the main features of culture.
What will be an ideal response?
Culture is a set of knowledge structures consisting of systems of values, norms, attitudes,
beliefs, and behavioral meanings that are shared by members of a social group (society) and
embedded in its institutions and that are learned from previous generations. Culture is shared,
learned, and systematic and organized.
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An example of standardization is:
A) using the "Generation Next" theme in all of Pepsi's global markets B) using women with their faces covered in ads for Islamic countries C) developing a website in several languages D) using local salespeople
On September 2 of this year, Keshawn sold land to Rex, his nephew, for $400,000. Keshawn's basis in the land was $100,000. Rex agreed to pay his uncle $40,000 this year, and $60,000 each year for the next six years plus interest. One month later, Rex sold the land to Theo, an unrelated party, for $450,000. Based on this information, Keshawn must report
A. gain of $225,000 this year plus interest in following six years. B. $0. Rex reports gain of $300,000. C. gain of $30,000 this year, and gain in each of the following six years of $45,000 plus interest. D. gain of $225,000 this year.
Which of the following job evaluation methods has compensable factors, weights reflecting the relative importance of each factor, and factor degrees numerically scaled?
A. classification B. point method C. paired comparison method D. ranking E. competency-based plan
The use of supplemental resources such as overtime, contract workers, and additional shifts leads to a ______.
a. drop in product quality b. substantial increase in operating costs c. need for new product designs d. need for new corporate strategies