Which of the Following Is a Traditional Behavior of Chinese

question 48

Multiple Choice

Which of the following is a traditional behavior of Chinese businesspeople?

• A)The Chinese never use intermediaries for negotiating business deals
• B)If the Chinese give concessions, they do not expect anything in return
• C)The Chinese are quick in formulating a plan of action
• D)The Chinese place values and principles above money and expediency

---

Definitions:

Activity Base

A measure used to allocate costs in activity-based costing, reflecting the level of effort or consumption of resources.

Service Departments

Units within an organization that support other departments but do not directly contribute to revenue generation, such as IT and HR.

Profit Margin

A financial ratio indicating the percentage of revenue that remains as profit after accounting for the cost of goods sold and other expenses; a measure of profitability.

Investment Turnover

A financial ratio that measures the efficiency of a company in generating sales from its investments in securities or fixed assets.