In high power distance cultures, there is a wider gap between the powerful and the powerless.

a. true
b. false


a. true

Business

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A trial balance that balances provides proof that all transactions were correctly journalized and posted to the ledger

a. True b. False Indicate whether the statement is true or false

Business

What is a vertical marketing system (VMS)? What are the various types VMSs?

What will be an ideal response?

Business

Mandarin In Town, a Chinese restaurant, opened recently in Burnsville, Minnesota. People from all over the town flocked to Mandarin to find out how good it was. This gave a big boost to the restaurant's initial business, but it caused the other restaurants in the area to lose business temporarily. The way in which Mandarin in Town hurt existing restaurants in Burnsville is an example of:

A. innovative disruption. B. creative destruction. C. crowdsourcing. D. service distortion.

Business

The textbook notes that a recent survey of firms indicated that approximately what fraction of firms were not able to accurately forecast their earnings or sales for the next quarter?

a. 1/10 b. 1/3 c. 2/3 d. 3/4

Business