Felix is excited to go on his first business trip to India. He has a goal to find a supplier of fabric for his blossoming design studio. While visiting the many textile mills, he becomes disenchanted by the vast differences that he sees between western culture and India. He decides that he does not want to bring fabric to his studio from a place that he feels is not as advanced as his country. Felix leaves India without accomplishing his goal. What concept below does Felix exemplify?
a. Euphemism
b. Narcissism
c. Ethnocentrism
d. Egomaniacally
c. Ethnocentrism
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Fact Pattern 29-1ALuxuro Vehicles, Inc., makes and sells automobiles to auto dealers, including MotorPros Auto & Truck Sales. MotorPros sells the cars to consumers and businesses.Refer to Fact Pattern 29-1A. Nani, a professional driver, buys a customized Luxuro from MotorPros to drive in a Grand Prix race. Nani's Luxuro is
A. a consumer good. B. an instrument. C. equipment. D. inventory.
Promissory estoppel does NOT require A) a signed writing explaining the promise
B) a clear and definite promise C) that justice be better served by enforcement of a promise D) that a promisee has justifiably relied on the promise
Your portfolio is comprised of 30 percent of Stock X, 50 percent of Stock Y, and 20 percent of Stock Z. Stock X has a beta of .64, Stock Y has a beta of 1.48, and Stock Z has a beta of 1.04. What is the portfolio beta?
A) 1.01 B) 1.05 C) 1.09 D) 1.14 E) 1.18
Based on the concept of the clientele effect, which one of these combinations correctly aligns an investor group with its preferred type of stocks?
A) Low-tax-bracket individuals; zero-to-low payout stocks B) High-tax-bracket individuals; low-to-medium payout stocks C) Corporations; low-to-medium payout stocks D) Tax-free institutions; medium-payout stocks E) High-tax-bracket individuals; high-payout stocks