Which of the Following Statements About Cultural Differences in the Workplace

question 275

Multiple Choice

Which of the following statements about cultural differences in the workplace is most accurate?

• A)The best way to deal with cultural differences in the workplace is to treat everyone the same way.
• B)Cultural differences were once a major problem,but television,telecommunications,e-mail,and the Internet have brought people closer together and greatly reduced cultural differences.
• C)Managers must be very aware of cultural differences and recognize that different employees may respond best to different management and motivational styles.
• D)Only firms that hire a lot of foreign-born employees are likely to have problems dealing with cultural differences.Employees born in the United States tend to have a common set of values and attitudes,regardless of age or social backgrounD.In the future,effective managers will find that they must get to know each worker personally and tailor the motivational effort to the individual.This is particularly true because of cultural differences that arise due to the globalization of business and due to differences between employees from different generations.

Examine the role and effects of economies of scale in establishing monopolies.

Evaluate the benefits and drawbacks of large retailers like Wal-Mart on consumers and competitors.

Calculate marginal revenue and understand its importance in profit maximization for monopolies.

Understand the concept of economic efficiency and how monopolies compare to perfect competitors in this aspect.

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