Which type of culture is less likely to trust e-commerce?

A) Power
B) Collectivist
C) Asian
D) Europeans
E) Individualistic

Answer: B
Explanation: B) Social media mechanisms are less relevant in collectivist cultures such as those in South America and Africa, which rely more on a sense of community and social position for trust.

Business

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A stop loss order may not protect an investor's profits if

A) the price drops even slightly below the stop price before the order can be executed. B) the price enters a prolonged period of gradual decline. C) an unexpected event cause the price to drop steeply when the markets are closed. D) the stop loss price is never reached.

Business

The two primary media for warehousing liquidity are

A) money market mutual funds and money market deposit accounts. B) certificates of deposit and short-term bond funds. C) certificates of deposit and long-term bond funds. D) short-term bond funds and asset allocation funds.

Business