Which of the Following Statements Is Least Accurate

question 102

Multiple Choice

Which of the following statements is least accurate?

• A) To improve tolerance, one must practice empathy.
• B) Economic factors are the primary motivators for businesspeople worldwide.
• C) People in high-context cultures are more concerned with "saving face."
• D) Being patient can be a way of exhibiting tolerance.

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Definitions:

Differential Cost

The difference in cost between two alternative decisions or scenarios.

Sunk Cost

Costs that have already been incurred and cannot be recovered or altered and should not affect future business decisions.

Net Book Value

The value at which an asset is carried on a balance sheet, essentially the cost of the asset minus accumulated depreciation.

Equipment Rental

The process of leasing machinery or equipment for a specific period instead of purchasing it outright.