The Major Difference Between the Japanese and U

question 16

Multiple Choice

The major difference between the Japanese and U.S.approach to motivating employees is:

• A) U.S. managers use pay to motivate, whereas Japanese managers use job security.
• B) U.S. managers value individual accomplishment, whereas Japanese managers value group accomplishment.
• C) U.S. managers focus on production, whereas Japanese managers focus on quality.
• D) U.S. managers focus on punishment, whereas Japanese managers focus on positive reinforcement.

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Definitions:

Target Cash Balance

The ideal amount of cash that a company aims to maintain in order to manage daily financial operations and contingencies effectively.

Collection Float

The amount of time it takes for money from checks or other types of payments to be processed and available in the company’s account.

Disbursement Float

The interval between the issuance of a check and the actual deduction of the amount from the issuer's account.

Lockbox System

A service provided by banks to companies for the collection of payments from customers, whereby payments are sent to a special post office box instead of to the company.