According to the Textbook,one of the Reasons Canadian Executives Are

question 15

Multiple Choice

According to the textbook,one of the reasons Canadian executives are in demand across the globe is because

• A) Canada's living standards are relatively low compared with many European countries and the United States.
• B) Canadians are widely perceived to be able to get along well with others and it is this international reputation that allows them to succeed across the globe.
• C) Canada's business schools produce managers who are among the very best in the world and this has been conclusively and objectively demonstrated across a variety of large-scale international studies.
• D) Canada's diverse ethnic makeup has produced a generation of business leaders who mix easily with different cultures.
• E) many managers in Canada come from similar backgrounds and it is this consistency and uniformity that allows them to succeed across the globe.

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Definitions:

Socially Optimal Level

The most efficient allocation of resources that maximizes societal welfare, often referenced in discussions of public goods and externalities.

Subsidize

The act of providing financial assistance or support, often by a government to industries, businesses, or individuals, to encourage production, reduce prices, or promote economic goals.

Government

The organization, or agency through which a political unit exercises authority and performs functions and which is usually classified according to the distribution of power within it.

External Benefit

A benefit that affects parties not directly involved in a transaction, leading to positive side effects or externalities.