Which of the following is most likely a part of the American culture?
A) Responsibilities for organizational errors are taken by the highest level.
B) Negotiations are lengthy and enable involved parties to get to know each other.
C) A monochronic time system is followed and time is considered precious.
D) A person's word can be relied upon and no written agreements are needed.
C
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Green Services, Inc invests its excess cash in Creative Technologies, Inc and acquires 6,000 shares for $61
75 per share. Green Services, Inc owns less than 2% of Creative's voting stock and plans to hold the stock for two years. While preparing the journal entry to record this transaction, ________. A) Long-term Investments-Available-for-Sale is debited for $370,500 B) Long-term Investments-Held-to-Maturity is debited for $370,500 C) Long-term Investments-Trading Investments is credited for $370,500 D) Long-term Investments-Significant Interest Investments is debited for $370,500
In an ethnocentric staffing approach, the key management positions are held by:
a) parent-country nationals. b) a combination of parent-country and host-country nationals. c) host-country nationals. d) host-country government officials.