According to Hofstede, a country's economic health is positively correlated with
A. cultures with no uncertainty avoidance.
B. cultures with high power distance.
C. collectivist cultures.
D. feminist cultures.
E. individualist cultures.
Answer: E
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CarWorks Company has 100,000 authorized shares of $4 par common stock. The company issued 40,000 shares at $8 . Subsequently, CarWorks declared a 2% stock dividend on a date when the market price was $11 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
a. $8,800 b. $4,800 c. $3,200 d. $6,400
Suisse Internationale, a Swiss maker of athletic equipment, enters into a price fixing agreement with Total World Sports, a U.S. wholesaler of Suisse’s products. U.S. courts will apply U.S. antitrust laws if
A. the agreement was made in Switzerland. B. the agreement was made in the United States. C. the price fixing has a substantial effect on U.S. commerce. D. the Swiss government agrees to be sued in the United States.
All of the following statements about innovativeness are true, except
A. it refers to a firm's efforts to find new opportunities and novel solutions. B. it refers to making decisions and taking risks without certain knowledge of probable outcomes. C. it is aimed at developing new products, services, and processes. D. it involves creativity and experimentation.
On a bank statement, deposits are shown as ________, because the depositor's account is a liability on the bank's records.
What will be an ideal response?