Answer: It created a platform for small business owners to open online stores to meet the needs of consumers in Chinese speaking areas within and outside China.
Explanation: Taobao with over one billion listings,is owned and founded by Alibaba( a Chinese entrepreneur) in the year2003. Taobao is a market place for consumers of Products,it helps to create Opportunity for Businesses to market their products and services,this platform has helped to build the Chinese Economy empowering people and helping to improve creativity, It also helped Chinese entrepreneur to be accessible to the world over.
Answer:
f Google asks 25 members of its executive team to spend a full day during their annual team-building retreat building a house in Las Vegas with Habitat for Humanity, the executives would be engaging in employee <u>Volunteering Efforts.</u>
Answer and Explanation:
1. Business implication: if there are no trade barriers, it would enable them get better raw materials for their business and increase customer base
Legal anti trust implication: lobbying is illegal in some countries
2. Business implication: this would attract more manufacturers who were not previously members of the association which would in turn promote the goals of the association in improving trade amongst the manufacturers
Legal anti trust implication: associatio may be exposed to legal examination, example increased regulations
3 business implications:sales territories would invariably create a safe and secure investment for manufacturers such that there is less cost of marketing and campaigning as consumers are guaranteed
Legal implications: this is against anti trust laws and goes against free trade policies and illegal monopoly
4 business implications: boycotting this supplier could create an alternative source of raw materials which wouldn't be as efficient and even cost more
Legal implications: boycotting a large supplier such as this who might have a political backing might bring political retaliations from the supplier's political proxies who might create other regulations in the supplier's favour
Answer: Tom and Cindy paid 1.5 discount points.
House Value = $300,000.
Loan-to-Value Ratio (LTV) = 80%
Since LTV is 80%, the total loan (mortgage) value is :
In the real estate context, a point refers to one percent (1%) of the mortgage amount. There is no rule that these points should be in whole numbers.
We can find the number of points paid as follows:
![No. of points paid = (\frac{3600}{240000} )* 100 [/tex][tex] No. of points paid = 1.5 points.](https://tex.z-dn.net/?f=%20No.%20of%20points%20paid%20%3D%20%28%5Cfrac%7B3600%7D%7B240000%7D%20%29%2A%20100%20%5B%2F%3Cstrong%3Etex%5D%3C%2Fstrong%3E%3C%2Fp%3E%3Cp%3E%3Cstrong%3E%5Btex%5D%20No.%20of%20points%20paid%20%3D%201.5%20points.%20)
There are two types of points:
- Discount Points: are actually pre-paid interest on the mortgage loan, and help in lowering the interest rate on the mortgage.
- Origination points : help in covering the costs incurred by the lender in processing the loan.
<u><em>Explanation</em></u>:
<u>Question 1.</u> These options apply;
- Create a culture of innovation by inviting and expecting employees to contribute new ideas.
- Hire people with new skills and perspectives and train current employees on new skills.
- Restructure the organization to be more customer-centric and make work processes more efficient.
<u>Question 2.</u> These options apply;
- Think about new possibilities for the organization.
- Spend a good deal of time determining what the problem is and find out what caused it.
- Create deadlines and checkpoints for solving the problem
<u>Question 3</u>
B. slow moving and stable
<u>Question 4</u>
D. incremental
<u>Question 5. </u>
D. made a proactive change
