Jermaine Was Recently Promoted to the International Position Based in Japan

question 91

Multiple Choice

Jermaine was recently promoted to the international position based in Japan. He should understand that in a highly collectivist culture such as Japan, performance appraisals almost always need to be focused more on

• A)individual effort and results.
• B)group performance and feedback.
• C)competitive analysis with coworkers.
• D)accurate collection of information.
• E)360-degree feedback.

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Definitions:

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than others.

Absolute Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Absolute Advantage

The ability of a party to produce a greater quantity of a good, product, or service than competitors using the same amount of resources.

Economic Basis

The fundamental factors that determine the structure and operation of an economy, such as its resources, technology, and social relations.