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zepelin [54]
2 years ago
13

An American company is in a joint venture with an overseas Middle East company. The U.S. managers are particular about time mana

gement and appointments for conference calls and meetings. However, their overseas Middle Eastern counterparts are not conditioned the same way and don’t necessarily adhere to schedules. This variation in time management is an aspect of their _____ environment.
Business
1 answer:
Ne4ueva [31]2 years ago
6 0

Answer:

This variation in time management is an aspect of their _cultural____ environment.

Explanation:

The working environment of countries differ.  This environment also dictates approaches to issues.  For example, this Middle Eastern company operates in a cultural environment that does not take issues with time management serious unlike the American counterpart.  The prevalent cultural environment may not be easy to overcome.  For this reason, companies engaging in international relationships should factor in this consideration of differences in culture whenever they venture outside.

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Businesses commonly rely upon groups to make decisions because of the many advantages to group decision making. Which of the fol
Andrei [34K]

Answer:

Almost every other business in this universe now relies upon group thinking rather than individual approach to anything.

It has several advantages, some of them are pointed out below:

o) Equality bias, when there are group discussion, this means that everyone has a part of say in the final decision and that leads to equality bias, which is beneficial.

o) More alternatives are generated, it is a fact that when an individual takes a decision, he/she is neglecting a lot of other options to explore which could be a lot beneficial for the business.

o) More acceptance of the final decision, Since the final decision taken is with the approval and consent of everyone, there is a possibility that the final decision will be more acceptable.

o) Lastly, It creates Synergy, synergy is the idea that a decision as a whole is better than in parts.

Hope this helps you. Good Luck.

3 0
2 years ago
You buy an eight-year bond that has a 5.50% current yield and a 5.50% coupon (paid annually). In one year, promised yields to ma
Dovator [93]

Answer:

The correct answer is 0.02%.

Explanation:

According to the scenario, the given data are as follows:

Face Value = $1,000

Coupon rate = 5.5%

Coupon Payment = $1,000 x 5.50% = $55

Yield to Maturity = 6.50%

Time period = 7 years

So, we can calculate the holding period return by using following method:

Holding-period return = [(Coupon Payment + ( Price of bond after one year - Face value)) ÷ Face value] x 100

Where, Price of bond after one year = PV of coupon payment + PV of FV

= $55[PVIFA 6.50%, 7 Years] + $1,000[PVIFA 6.50%, 7 Years]

= [$55 × 5.48452] + [$1,000 × 0.64351]

= $945.15 ( Refer to PVIFA table)

So by putting the value in the formula, we get

= [{$55 + ($945.15 - $1,000)} ÷ $1,000] x 100

= [$0.15 ÷ $1,000] x 100

= 0.02%

5 0
2 years ago
Esther and Holly have a disagreement over which company to present their business idea to. They decide to disregard their differ
aalyn [17]

Answer: True

Explanation:

From the question, we are informed that Esther and Holly have a disagreement over which company to present their business idea to and that they decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term.

The above scenario shows that Esther and Holly are focusing on interests, and not positions. This is shown by them disregard their different stances and focusing on a common goal.

5 0
2 years ago
Ghose and Han​ (2014) found that the elasticity of demand for Google Play apps is negative 3.7. This elasticity applies to a sma
scZoUnD [109]

Answer:

1) The demand will decrease by 37% as a result of a 10% increase in price:

0.10 x -3.7 = -0.37 a ngevative impact in the maginitude of 37%

2) Revneue will fall

3) The decrease in revenues will be for 30.7%

Explanation:

<u>Revenues Price x Quantity</u>

P (1 + 0.1) Q (1 - 0.37) = (1.1)(0.63) = 0.693

we apply to the price the 10% increase

and we apply to the demand the 37% decrease in quantity

The revenue will fall to 0.693 = 69.3%

100 - 69.3 = 30.7%

5 0
1 year ago
A cereal company's cost, in thousands of dollars, is represented by the function C ( x ) = 2 x + 4500 and its revenue, in thousa
maxonik [38]

Answer:

31,500

Explanation:

Cost function, C (x) = 2 x + 4500

Revenue function, R (x) = 5 x

Profit = Total revenue - Total cost

         = R(x) - C(x)

         = 5 x - [2 x + 4500]

         = 3 x - 4,500

If company sells 12,000 boxes, then profit will be:

=  3 x - 4,500

= 3(12,000) - 4,500

= 36,000 - 4,500

= 31,500

Therefore, 31,500 is the profit earn by the company by selling 12,000 boxes of cereal.

5 0
2 years ago
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