In the Changing Global Workplace There Are Several Myths That

question 78

Multiple Choice

In the changing global workplace there are several myths that persist about the Chinese business culture. Which of the following statements is most accurate about Chinese managers and businesspeople today?

• A) They are very reluctant to take on any risk or get involved with entrepreneurship.
• B) They will only give individual opinions or brainstorm openly when senior management is present.
• C) They are long-term deliberators
• D) They are more comfortable stepping out of the box, engaging in entrepreneurship and increased risk taking.
• E) They thrive on offering individual opinions regardless of who is present and they no longer work in groups or teams.

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Definitions:

Stock Investment

The purchase of shares in a company to gain a financial return in the form of dividends or appreciation in the share price.

Equity Method Investments-Jay

An accounting technique used to record investments in other companies, where the investment is significant but less than controlling, adjusting the value to account for the investor's share of the earnings or losses.

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Foreign Exchange Rate

The rate at which one currency can be swapped for a different currency.