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American culture

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  • C. Promoting employees based on their individual skills
    and achievements.
    performance
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  • D. Promoting employees who are the most loyal to the boss
    regardless of their work quality.
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  • Which two traditional American values have most significantly shaped the U.S. economic system?
    Individual freedom and fair competition
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  • Why are "entrepreneurs" celebrated in American culture?
    They represent self-reliance and the ability to turn new ideas into profitable businesses
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  • How does "Individualism" manifest in the American workplace?
    Employees take personal initiative and are evaluated on individual achievements rather than seniority
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  • What is the purpose of "Networking" in American business culture?
    Building relationships to find job opportunities and advance one's career
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  • What are the two key words needed to understand the meaning of business in America?
    Private and profit
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  • What economic system is commonly used to describe the U.S. economy?
    The U.S. economy is based on free enterprise (capitalism)
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  • Which type of business creates most new jobs in the United States?
    Small businesses create most new jobs
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  • How does competition benefit consumers in the American economic system?
    It encourages businesses to improve products and services to attract customers
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  • Why did many American companies move their factories overseas?
    Because they wanted to reduce costs and remain competitive in the global market
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