A Different View John Has Done Well in His Company.In Only Five Years

question 128

Multiple Choice

A Different View
John has done well in his company.In only five years, he has risen to the position of divisional manager.However, he knows that in order to rise to the level of senior management he needs to spend some time managing abroad in his company's foreign subsidiaries.Although he has travelled to foreign countries for business and holidays, he has never lived abroad and wonders what differences he would find.He is considering applying for a new foreign-based position, but first wants to find out some basic differences between managing in Australia and managing in a foreign country.He researched the topic of international management and found many helpful facts about countries and their people.
-Refer to A Different View (Scenario) .John found out that wealthier nations, such as Australia, Great Britain and the United States, tend to ________.

• A)have high uncertainty avoidance
• B)be individualistic
• C)be collectivist
• D)have high power distance
• E)seek weak quantity of life

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Definitions:

Discount Rate

The interest rate utilized in calculating the current value of future cash flows through discounted cash flow analysis.

IFRS

International Financial Reporting Standards are globally accepted principles that dictate how companies must maintain and report their financial statements.

Investment Property

Real estate property that has been purchased with the intention of earning a return through rental income, the future resale of the property, or both.

Depreciation Expense

The allocated amount of an asset's cost that is expensed over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.