Answer the following statements true (T) or false (F)
1. Culture is what we grow up in, according to Gould.
2. Differences between cultures must be understood but not accepted for international
business.
3. Uncertainty avoidance indicates the extent to which a society accepts the fact that
power in institutions and organizations is distributed unequally.
4. The Philippines, Venezuela, and Mexico are countries with low power distance,
according to Hofstede.
1. TRUE
2. FALSE
3. FALSE
4. FALSE
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Experienced negotiators find weekends best for negotiations.
Answer the following statement true (T) or false (F)
Which of the following accounts would not be closed?
A) Design Revenue B) Interest Income C) Accumulated Depreciation - Equipment D) Interest Expense
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $39,000; net cash used in investing activities was $14,400 and net cash used in financing activities was $18,600. If the beginning cash balance is $7200, what is the ending cash balance?
A. $79,200. B. $64,800. C. $13,200. D. $6000. E. $42,000.
Symphony, Inc., a U.S. jewelry designer and maker, files a suit against Kawa, Ltd., a Japanese jewelry maker, for the infringement of intellectual property rights under Japan's national laws. Under the TRIPS agreement, Symphony is entitled to receive
A. better treatment than Kawa. B. the same treatment as Kawa. C. worse treatment than Kawa. D. nothing.