Upon Meeting a Foreign Business Executive, a Japanese Executive Will

question 47

True/False

Upon meeting a foreign business executive, a Japanese executive will hold his business card in both hands and bow while presenting the card to the foreigner. This is an example of ritual behavior.

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Definitions:

Reorganization

Financial restructuring of a failing firm to attempt to continue operations as a going concern.

Going Concern

An assumption that a company will continue to operate in the foreseeable future, without the intention or necessity of liquidation.

Financial Restructuring

The process of reorganizing a company's financial structure through various means, including changing the mix of debt and equity.

Capital Structure

The mixture of debt and equity that a company uses to finance its operations and growth.