Scenario: Gem Jewels Gem Jewels recently established a number of subsidiaries in various foreign countries aiming to build high levels of international business involvement in the coming years. Cultural training has to be given by the company to home-country managers assigned to work in the new subsidiaries. To teach its employees the values, attitudes, manners, and customs of the host-country culture, Gem Jewels should offer ________.

a. language training
b. environmental briefings
c. cultural assimilation
d. field experience


Answer: c. Cultural assimilation

Economics

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Production efficiency implies that

A) joint profits are maximized. B) joint profits are minimized. C) joint profits are zero. D) joint profits can be increased.

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The central bank in the United States is known as the Federal Reserve System.

Answer the following statement true (T) or false (F)

Economics

Which form of business organization accounts for the largest proportion of sales in the United States?

A) the corporation B) the partnership C) the proprietorship D) the subchapter S partner-based proprietorship.

Economics