A vice-president of an American software company introduced himself to a group of Korean partners and added "you may just call me John"
Although this verbal cue shows the underlying reality that Americans have a high value on informality and equality, it needs adaptation due to the reason that:
A) John is not a very popular name in Korea.
B) it is difficult to translate John in Korean language.
C) customs, hierarchies, and class structure of Korean culture have to be respected.
D) Korean culture requires that first and last name be used in addressing guests.
E) it is not appropriate to disclose nicknames in business meetings.
C
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On Jan. 1, Stanton Co buys 10% of the outstanding shares of its parent, ProMart Inc. Although the total book and fair values of ProMart's net assets equaled $4 million, the price paid for these shares was $420,000. During the year, ProMart reported $510,000 of separate operating income (no subsidiary income was included) and declared dividends of $140,000. How are the shares of the parent owned by the subsidiary reported at Dec. 31?
A) an investment balance of $457,000 is eliminated for consolidation purposes B) consolidated stockholders' equity is reduced by $457,000 C) an investment balance of $437,000 is eliminated for consolidation purposes D) consolidated stockholders' equity is reduced by $420,000
Write two questions that a firm would be likely to consider during the marketing planning stage
What will be an ideal response?