1) Market capitalism is typically less efficient than managerial capitalism. Tru

Question

1) Market capitalism is typically less efficient than managerial capitalism. True / False

2) From the viewpoint of the Business Roundtable, shareholders such as employees have
primary claim on corporate attention and customers have a secondary claim.

True / False

3) The teachings of Confucianism are a key to understanding the Chinese. True / False

4) Commercial and political successes were closely linked in imperial China and still are.

True / False

5) Joint ventures are illegal in China. True / False

6) In 1979 China established four

Explanation / Answer

1) Market capitalism is typically less efficient than managerial capitalism. T

False

2) From the viewpoint of the Business Roundtable, shareholders such as employees have

primary claim on corporate attention and customers have a secondary claim.

True

3) The teachings of Confucianism are a key to understanding the Chinese.

True

4) Commercial and political successes were closely linked in imperial China and still are.

False

5) Joint ventures are illegal in China.

False

6) In 1979 China established four

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