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According to Hofstede's Cultural Dimensions, Individualism is when a person prioritises themselves over a group. Is this correct?
Answer : B
Hofstede's dimension contrasts individualism with collectivism. In individualistic cultures, the individual is prioritised over the group.
Jane works at a manufacturing organisation based in Europe. The organisation has recently decided to open a new factory in a South-East Asian country and Jane is to head up the project to launch the new factory. She has decided to fly out to the new site ahead of opening to do some research into the local culture and assess how the differences in culture may impact upon the company as a whole. The CFO of Jane's company thinks that this is a bad idea and a waste of money. Should Jane go?
Answer : A
Understanding the local culture is crucial for integrating the new factory and ensuring the project's success.
Which of the following statements about liquidated damages are TRUE? Select all that apply
Answer : A, B, D
The correct statements are that a set figure is decided in advance, it must be a genuine estimate of the loss, and liquidated damages can be claimed when a warranty is breached.
Josh is the son of the CEO of a law firm and has recently been hired as a trainee attorney, following his graduation from University. He has been with the company for three months and middle management often invite him to meetings that other trainee attorneys are not invited to. What type of power does he have that would explain this?
Answer : A
Josh's access is due to his family connection, which is an example of positional power.
Which of the following processes for managing change is the most passive?
Answer : D
Education is considered passive as it involves simply providing information rather than enforcing change.