Which of the Following Is Not a Traditional Behavior of Chinese

question 11

Multiple Choice

Which of the following is not 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

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Definitions:

Compounded Annually

Interest on an investment calculated once a year, where each year's interest adds to the principal.

GIC

Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period of time, usually with higher interest rates for longer terms.

Rising Rate

An increasing trend in interest or inflation rates over a certain period.

Maturity Value

The amount to be paid to the holder of a financial instrument at the end of its term, including the principal and any accumulated interest or dividends.