Which of the Following Would Be the Most Accurate Description

question 52

Multiple Choice

Which of the following would be the most accurate description of the Japanese negotiation style in international commerce?

• A)least aggressive and most polite
• B)extremely aggressive and most rude
• C)very vague and least friendly
• D)ignores relationships in favor of personal gain
• E)always oriented toward the bottom line

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Definitions:

Positive Economics

An approach to economics that seeks to understand behavior and the operation of systems without making judgments. It describes what exists and how it works.

Normative Economics

An approach to economics that analyzes outcomes of economic behavior, evaluates them as good or bad, and may prescribe courses of action. Also called policy economics.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Unemployment

The state of being without a job despite actively looking for work, measured as a percentage of the labor force.