Scenario - Sharon Cannon

question 8

Multiple Choice

Scenario - Sharon Cannon

Sharon Cannon, a U.S. native, was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all- expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be.

-Which of Hofstede's value dimensions would be accurate for Sharon's native culture?

• A) Highest femininity
• B) Highest individualism
• C) Lowest masculinity
• D) Highest power distance
• E) Highest uncertainty avoidance

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Definitions:

Consolidated Balance Sheet

A financial statement that presents the assets, liabilities, and equity of a parent company and its subsidiaries as one entity.

Straight Line Amortization

A technique for distributing the expense of an intangible asset consistently throughout its lifespan.

Equity Method

An accounting technique used to record an investor’s proportional share of an associate company’s profits or losses on its financial statements.

Fair Value Enterprise Method

An approach to valuing a business by estimating the present value of foreseeable future earnings and the net asset value.