Early Adopters of New Technologies Tend to Be

question 77

Multiple Choice

Early adopters of new technologies tend to be

• A) Smaller, profitable, and generic companies.
• B) Risk-averse and flexible individuals.
• C) Less educated and unable to cope with uncertainty and abstraction.
• D) Critical to the success of a new technology.
• E) The most adventuresome and willing to take risks.

Recognize the importance of cultural practices, such as business card exchanges in high-context cultures.

Describe the different orientations (ethnocentric, geocentric) towards international staffing and management.

Comprehend the perspectives and practices on leadership and staff selection in different cultures.

Understand the concept of culture shock and its duration.

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Definitions:

Perpetual Inventory System

An inventory management system that continuously updates the quantity and value of inventory on hand and sold.

Merchandise Inventory Account

An account that tracks the cost of goods available for sale to customers during an accounting period.

Service Businesses

Companies that earn revenue primarily through providing intangible products, such as services or expertise, rather than selling physical goods.

Merchandising Business

A type of business that purchases products from other businesses and sells them to customers.