If your property insurance pays you market value for your loss, it pays you the amount the item is worth now.

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


True

Business

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The power that managers have resulting from their formal positions within organizations is called ______ power.

A. referent B. expert C. reward D. coercive E. legitimate

Business

Expatriates are employees from a country other than the parent country or the host country.

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

Business

Why do movie theaters sell tickets for an afternoon showing of a movie at a lower price than the 7 p.m. showing of the same movie? 

A. To deal with the intangible characteristic of services B. To minimize inventory losses C. To deal with the incompatibility characteristic of services D. To deal with the perishability of services E. To make sure the service offered is consistent

Business

__________ is the degree to which a culture values fairness, generosity, caring and kindness.

A. Uncertainty avoidance B. Humane orientation C. In-group collectivism D. Future orientation

Business