Globalization has changed the nature of work. To communicate effectively in a global marketplace, you must understand the basic dimensions of culture: individualism, formality, communication style, and time orientation. The following examples describe a dimension of culture. Identify which dimension is described in each case.
Western cultures are more relaxed about social status, and input from subordinates is tolerated and even encouraged.
A) Communication style
B) Power distance
C) Time orientation
D) Individualism

Fabian inherited some money from his family and decided to open a hardware store on his own. he bought the entire inventory on credit from vendors with the promise of paying them later. he hoped to have good sales when he opened the store because there weren't any other hardware stores in the area. however, he couldn't sell most of his stock because there did not seem to be any demand. he knew he wouldn't be able to pay the creditors from the money the store made. what kind of ownership does fabian have over his store? what kind of liability is fabian open to regarding the money owed to his creditors?