One of the Reasons Canadian Managers Are in Demand Across

question 56

Multiple Choice

One of the reasons Canadian managers are in demand across the globe is because

• A)Canada's living standards are relatively low compared to many European countries and the US.
• B)Canadians are widely perceived to be "nice people."
• C)Canada's business schools produce managers who are among the very best in the world.
• D)Canada's diverse ethnic makeup has produced a generation of business leaders who mix easily with different cultures.
• E)many managers in Canada come from an ethnic background compatible with their expatriate assignment so they already are well-adapted to it.

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Definitions:

Self-Interest

Acting in a way that is most personally beneficial, often used in economics to describe behavior in markets.

Insurance Premiums

The amount paid periodically to an insurance company by policyholders for coverage and to keep the policy active.

Central Planning

An economic system where decisions about production, investment, and distribution are made by the government or a central authority.

Consumer Sovereignty

The concept that consumers' preferences determine the production of goods and services, guiding the allocation of resources in a market.