Jana Has Spent the Last Year Traveling to Different Operations

question 102

Multiple Choice

Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited.
-In Venezuela Jana found that people tended to show great deference toward their superiors.When meeting with one higher-up, she noticed that the local managers seemed to exhibit extremely obsequious behavior.How would you characterize this trait?

• A)future oriented
• B)high uncertainty avoidance
• C)low power distance
• D)high power distance

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Definitions:

Supermajority Voting

The board needs more than a simple majority of directors to vote in favor of an action before the action is possible; for example, it may require a 2/3 or unanimous vote prior to action.

Managerial Discretion

The degree of freedom managers have in making decisions without needing direct approval from higher-ups.

Fraudulent Conduct

Deceptive actions or behavior intended to gain an unfair advantage or to deceive others, often leading to financial or personal loss for the victim.

Voting Power

The total number of votes shareholdings represent, allowing shareholders influence over corporate decisions.