Managers of State-Owned Firms in the Former Soviet Union Were

question 55

Multiple Choice

Managers of state-owned firms in the former Soviet Union were rewarded by:

• A) huge profits.
• B) a system of rewards based on the meeting of quotas established for the firms.
• C) a scheme that provided incentives to reduce costs.
• D) a scheme that provided incentives to introduce new technologies.

Explain the concept of proximity in relation to interpersonal attraction.

Discuss the mere-exposure effect and its implications for attitudes toward others.

Understand the concept of interpersonal attraction and its various rules such as proximity, similarity, and reciprocity.

Grasp the fundamental attribution error and how it contrasts with situational attributions.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted over time for the investing company's share of the investee's profit or loss.

Long-Term Investment

Assets that a company intends to hold for more than one year, including stocks, bonds, real estate, and other securities.

Acquisition Method

An accounting approach used for consolidating the financial statements of a parent company and its subsidiaries.