Employees in countries that rank high on power distance are more comfortable with a clear distinction between managers and subordinates rather than with a blurring of decision-making responsibility

Indicate whether the statement is true or false

TRUE

Business

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A coupon rate of 6% means that the bond will pay $60 interest every 6 months if interest is paid semi-annually

Indicate whether the statement is true or false.

Business

What stakeholder group is being protected when managers follow proper procedures and strive to be accurate and candid in assessing future growth?

A) Customers B) Employees C) Investors D) Suppliers E) Local communities

Business