Leo is on his first business trip to Ecuador. He scheduled a tight round of meetings with potential partners in different companies but has been waiting 45 minutes for the first meeting to start!
The day's schedule is already ruined. Leo doesn't understand that this culture holds what perspective on time?
A) It is limited.
B) It is schedule driven.
C) It is segmented.
D) It is flexible.
E) It is precise.
Answer: D
Explanation: D) In cultures that have a more flexible orientation toward time, Leo needs to build more breathing room into his scheduling.
You might also like to view...
Which of the following represents an inflow of cash and therefore would be reported on the statement of cashflows?
a. retirement of bond payable b. acquisition of treasury stock c. declaration of stock dividends d. issuance of long-term debt
If the world price is $40, a specific tariff of $10 is equivalent to an ad valorem tariff of
a. $10. b. $20. c. 20 percent. d. 25 percent.
The net sales for a company total $1,500,000, gross profit is $750,000, net income is $500,000, and average total assets equal $5,000,000 . Return on total assets is
a. 10%; b. 15%; c. 30%; d. 50%; e. 75%
Which of the following are categories that do not reflect the contingent nature of losses and the guiding criteria organized around probability of outcomes as provided by the FASB?
a. Guaranteed. b. Reasonably possible. c. Remote. d. Probable.