Japanese and German Work Practices Share Some Similarities in Terms

question 36

Multiple Choice

Japanese and German work practices share some similarities in terms of worker attachment to the firm and productivity.What is the defining distinction between them?

• A)German workers have a more autonomous voice in work decisions.
• B)Japanese quality control is better than German quality control.
• C)German workers are better trained than Japanese workers.
• D)German workers have to work longer hours than Japanese workers.
• E)German workers have fewer vacation days than Japanese workers.

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Definitions:

Foreign Exchange Gain

Profit arising from fluctuations in exchange rates which increase the value of foreign currency-denominated assets.

Exchange Rate

The valuation of a currency when converted to a different currency, which indicates the equivalent amount in the second currency.

Payment Date

The specific date on which dividends are actually paid out to shareholders or when a debt obligation must be repaid.

Controlling Influence

The power to govern the financial and operating policies of another entity through ownership, contract, or otherwise, often resulting in a parent-subsidiary relationship.