*Ethical standards usually consist of convenience, personal goals, and company profits

Indicate whether the statement is true or false


False

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Danes generally are not afraid of taking chances; they are comfortable doing things that are not carefully thought out or planned. Denmark's "flexicurity" policy combines free labor markets with adjustable welfare benefits

This is an example of the application of Hofstede's typology under the values which highlight: A) Future Orientation. B) Uncertainty Avoidance. C) Gender Differentiation. D) Power Distance. E) Individualism/Collectivism.

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The purpose of using ethically ambiguous negotiating tactics is to increase the negotiator's ________ in the bargaining environment.

Fill in the blank(s) with the appropriate word(s).

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The affordable method of setting advertising budgets takes into consideration the effects of promotion on sales

Indicate whether the statement is true or false

Business

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

1. Collective bargaining refers to the process whereby representatives of the union and management meet to attempt to work out a contract. 2. Only management is required to bargain in good faith. This requirement is enforced by the NLRB. 3. The average union-management contract is good for one year. 4. The task of administering the contract is a joint labor and management obligation. 5. A doctrinaire firm is a nonunion organization that develops policies that mimic what unions have won in similar organizations.

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