Charles, a Manager in a Multinational Company, Leads a Team

question 3

Multiple Choice

Charles, a manager in a multinational company, leads a team of 10 people from various countries. Although he does not like certain behaviors exhibited by his team members, he accepts them as fundamental cultural differences between himself and them. Therefore, Charles is dealing with the diversity of his team by using _____.

• A) pluralism
• B) holism
• C) empathy
• D) tolerance

---

Definitions:

Short-Run Aggregate Supply

The total production of goods and services in an economy at different price levels in a short time frame, assuming that some production costs remain fixed.

Spending Multiplier

The ratio of a change in national income to a change in government spending that causes it, indicating the impact of fiscal policy on the economy.

Long Run

A period of time in economics where all factors of production and costs are variable, and all market adjustments have been made.

Futures Contracts

Standardized legal agreements to buy or sell something at a predetermined future date and price, typically used for commodities or financial instruments.