If a Japanese Firm Were to Send an Executive to Head

question 110

Multiple Choice

If a Japanese firm were to send an executive to head up the firm's operations in the United States, the executive would likely need to

• A) focus more on collective benefits than individual benefits.
• B) train U.S.employees to behave more like Japanese employees.
• C) replace male senior managers with females.
• D) develop a new theory of cross-cultural leadership.
• E) change his or her leadership style.

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Definitions:

Marginal Propensity

The fraction of an additional unit of income that is spent on consumption rather than being saved.

Consumption Function

The relationship in the economy between consumption and income, other things constant.

Saving Function

The relationship between the level of saving and the level of income, typically showing that saving increases as income increases.