You are a recent graduate from college with a minor in Chinese. You are an American, white woman, with blond hair. You have moved to China and have been hired as the project manager for a large organization run by Chinese. The employees you will be in charge of will be mostly Chinese and men.
Articulate your personal perspective of culture from the perspective of social, political, economic, and intergroup relations. How do these factors influence business trade with China?
a. How do social, political, economic, and intergroup relations with respect to the Chinese culturethese factors influence business trade in the United States?
b. what are the behaviors that you might need to adapt to when conducting business in China. In addition, identify the culturally sensitive areas where you might need to adapt in an international setting.
c. what are the differences between your culture and the Chinese culture. Also, describe what steps you would take to avoid labeling your culture as superior to the Chinese culture.
d. List a set of steps you might take to analyze the dynamics in an interpersonal or intergroup transnational setting.
e. Summarize the key adaptive actions and behaviors you need to consider while working in this transnational business setting. How might you confirm that all of these actions and behaviors are followed?
Answers
a. These factors will affect communication, negotiation, and collaboration between the U.S. and Chinese companies.
b. Behaviors that might be adapted include respect for hierarchy and personal relationships and showing patience in negotiations, and avoiding confrontational behavior.
c. The cultural differences include individualism vs. collectivism, direct vs. indirect communication, low vs. high power distance, and different time orientations.
d. Analyze the dynamics in an interpersonal or intergroup transnational setting by understanding cultural norms and expectations, recognizing cultural differences and similarities and their impacts, develop strategies to bridge cultural gaps and evaluate their effectiveness.
e. Key adaptive actions and behaviors in transnational business setting are culturally awareness, open communication, strong relationships, respect for hierarchy, and adaptability to changing circumstances.
a. Social, political, economic, and intergroup relations with respect to the Chinese culture significantly influence business trade in the United States. These factors play a vital role in shaping the business environment and determining the success of business transactions between the two countries. Cultural differences, political ideologies, economic policies, and intergroup relations impact communication, negotiation, and collaboration between the U.S. and Chinese companies.
b. Some behaviors you might need to adapt to when conducting business in China include showing respect for hierarchy, understanding the importance of personal relationships (guanxi), being patient during negotiations, and avoiding confrontational behavior. Culturally sensitive areas where you might need to adapt in an international setting include communication styles, business etiquette, decision-making processes, and approaches to conflict resolution.
c. Differences between your culture and the Chinese culture include individualism vs. collectivism, direct vs. indirect communication, low vs. high power distance, and different time orientations. To avoid labeling your culture as superior to the Chinese culture, be open-minded, respectful, and willing to learn from the Chinese way of doing things. Show genuine interest in understanding their cultural values and practices, and avoid imposing your beliefs or preferences.
d. To analyze the dynamics in an interpersonal or intergroup transnational setting, follow these steps:
1. Observe and listen carefully to understand cultural norms and expectations.
2. Identify potential cultural differences and similarities between the interacting parties.
3. Reflect on how these cultural differences may impact communication, collaboration, and decision-making.
4. Develop strategies to bridge cultural gaps and promote mutual understanding.
5. Regularly evaluate the effectiveness of these strategies and adjust them as needed.
e. Key adaptive actions and behaviors to consider while working in this transnational business setting include being culturally aware, maintaining open communication, developing strong relationships, showing respect for hierarchy, and being adaptable to changing circumstances. To confirm that all of these actions and behaviors are followed, continually self-reflect and seek feedback from colleagues and peers. Additionally, consider participating in cultural training programs to further develop your intercultural competencies.
Learn more about Transnational setting:
https://brainly.com/question/15299733
#SPJ11
Related Questions
The purpose of _____ is to set goals and decide on the courses of action that will be used to achieve them.
Answers
Answer:
Planning
Explanation:
I think is the answer lmk if its wrong:)
Answer:
Planning
Explanation:
What is down payment with regarding to buying a house?
Answers
who guarantees that a futures contract will be fulfilled? the broker the clearinghouse nobody the buyer the seller
Answers
The clearinghouse guarantees that a futures contract will be fulfilled. A broker's attorney plays a crucial role in safeguarding the legal rights and interests of brokers in their professional activities.
A broker's attorney is a legal professional who specializes in providing legal advice and representation to brokers or brokerage firms. They have expertise in various areas of law relevant to the brokerage industry, such as securities law, contract law, compliance, and regulatory matters. Broker's attorneys assist brokers in navigating legal complexities, ensuring compliance with regulations, and protecting their interests. They may help with drafting and reviewing contracts, handling disputes or litigation, advising on regulatory compliance, and representing brokers in negotiations or legal proceedings. A broker's attorney plays a crucial role in safeguarding the legal rights and interests of brokers in their professional activities.
Learn more about broker's attorney here:
https://brainly.com/question/32368648
#SPJ11
Carl is an electrician. A new building is starting construction. Carl would like to win the contract for
electrical work for the building. He should
do nothing; they will contact him if they need his work
O send a resumé
O call and leave a long voicemail that gives prices and procedures
O create a type of business report called a business proposal
Answers
A enterprise idea is a formal report that's created by means of a enterprise and furnished to a prospect to invulnerable a commercial enterprise agreement. It's a frequent misconception that enterprise proposals and enterprise plans are the same.
The notion targets to promote your product or carrier alternatively than your enterprise itself.
What is called business proposal?Image end result for TO create a type of commercial enterprise document called a commercial enterprise proposal
A commercial enterprise proposal is a document that outlines a proposed enterprise plan, detailing the product or services to be provided, the fees related with the project, and the predicted outcomes.
Is a business concept a report?Some human beings tend to use them interchangeably, though they refer to two kinds of professional documents. A formal research record is carried out to see if a workable assignment will succeed, while a business notion is written with the intention of beginning a new product.
Learn more about business proposal here;
https://brainly.com/question/29454650
#SPJ9
hyperinflation is typically caused by a high tax rates that discourage work effort b a large decline in corporate profits that leads to a decrease in production c bad harvests that lead to widespread shortages d continuous expansion of the money supply to finance government budget deficits e trade surpluses that are caused by strong protectionist policies
Answers
Hyperinflation is typically caused by the continuous expansion of the money supply to finance government budget deficits. This means that the government is printing too much money to cover its expenses, which causes the value of the currency to decrease rapidly.
Hyperinflation can also be caused by other factors, such as bad harvests that lead to widespread shortages or a large decline in corporate profits that leads to a decrease in production. However, high tax rates that discourage work effort and trade surpluses that are caused by strong protectionist policies are not typically considered causes of hyperinflation. It is important to note that hyperinflation is a rare occurrence and is not a typical inflationary situation.
Learn more about Hyperinflation: https://brainly.com/question/22313119
#SPJ11
A cyclist must decide between purchasing a new helmet for about $60 or a set of aerobars for about $120. If she decides to purchase
the aerobars, what is the opportunity cost?
A. The net value to the cyclist of the helmet.
B. The difference in price of $60.
C. The net value to the cyclist of $60 and a new helmet.
D. The net value to the cyclist of the new aerobars.
Answers
Answer:
C. The net value to the cyclist of $60 and a new helmet.
Explanation:
The cyclist will be loosing the opportunity of gaining $60 which is the helmets worth and the utility of having and using the helmet itself.
Just took the test and got it right ( ;
Answer:
The net value to the cyclist of $60 and a new helmet.
Explanation:
The best order fulfillment processes reduce order cycle time as much as possible. The shorter lead times are beneficial in that they allow firms to carry___________
a. reduced inventory levels and minimize investment in newer, untested projects
b. reduced inventory levels and free up cash that can be used on other projects
c. increased inventory levels and borrow cash for newer, more promising projects
d. increased inventory levels and generate greater profits by meeting sudden demands
Answers
The best order fulfillment processes reduce order cycle time as much as possible. This is because shorter lead times have several benefits for firms, including the ability to carry reduced inventory levels and minimize investment in newer, untested projects.
When order cycle time is shorter, firms can reduce their inventory levels since they are not required to stockpile products in anticipation of customer demand. This reduces the risk of excess inventory and associated costs, such as storage, handling, and obsolescence. Additionally, shorter lead times free up cash that can be used on other projects. This is because firms can use the cash that would have been spent on inventory to invest in other areas of their business, such as research and development, marketing, or expansion.
In contrast, increased inventory levels and borrowing cash for newer, more promising projects (option C) may increase the risk of excess inventory, and borrowing cash may result in higher interest rates and associated costs. Similarly, option D (increased inventory levels to generate greater profits by meeting sudden demands) may result in higher costs associated with storage, handling, and obsolescence, which can reduce profits.
In summary, reducing order cycle time through the best order fulfillment processes has several benefits, including the ability to carry reduced inventory levels and free up cash for other projects.
To know more about investment visit :
https://brainly.com/question/15105766
#SPJ11
The financial manager for Appleton Brewing Company is working with the firm's marketing department to bring out a new line of hard cider. The new product development and subsequent production will require a long-term investment of funds by the company. Which source of financing would be representative of such a long-term funding requirement
Answers
Answer:
Brainliest pls
Explanation:
issuance of bonds
The source financing that would be representative of such a long-term funding requirement is issuance of bonds.
What is issuance of bonds?Issuance of bonds is one way for companies to raise money. A bond functions as a loan between an investor and a corporation. The investor agrees to give the corporation a certain amount of money for a specific period of time. In exchange, the investor receives periodic interest payments. When the bond reaches its maturity date, the company repays the investor.
The decision to issue bonds instead of selecting other methods of raising money can be driven by many factors. Comparing the features and benefits of bonds versus other common methods of raising cash provides some insight. It helps to explain why companies often issue bonds when they need to finance corporate activities.
Bonds have several advantages over bank loans and can be structured in many ways with different maturities.
Learn more about bonds, here:
https://brainly.com/question/31358743
#SPJ2
Drag each tile to the correct box.
Arrange the steps in designing an ad campaign for an energy drink.
Answers
Answer: step 1: establish purpose as boosting recall by placing the product as a health drink.
Step 2: calculate expenses required to shoot a commercial endorsed by a celebrity.
Step 3: differentiate product as a healthy non-caffeinated stimulant.
Step 4: generate interest through online contests and promotions.
Step 5: conduct recall tests and analyze consumer feedback.
Explanation:if you are on Edmentum this is the answer.
Which settings would convert the information below into the table below?
Type of Animal Number of Children's Favorite
Whale-12
Tiger → 3
Lion 4
Elephant 6
Monkey 8
Giraffe 2
Answers
The settings that would convert the information given above is autofill to content.
What is autofill to content?Autofill to content refers to a feature in some software applications that automatically fills in or completes a form or field based on previously entered information or data. The goal of autofill to content is to save time and effort by automatically entering information that is likely to be the same for each new form or field.
For example, autofill to content can be used to automatically enter a user's name, address, phone number, and other contact information in a web form. When the user begins typing the first letter of their name or address, the software will suggest the rest of the information based on previous entries, allowing the user to select the correct information from a drop-down list and then automatically fill in the remaining fields.
To learn more about autofill refer
https://brainly.com/question/1178135
#SPJ1
A country produces 3000 new capital goods in a week. 500 of those replace worn out capital goods. what is the net investment made?
Answers
A country produces 3000 new capital goods in a week. 500 of those replace worn out capital goods. The net investment made is 2500.
An asset or object acquired with the intention of creating income or recognition is referred to as an investment. A purchase of goods that are not consumed right away but will be utilized to create wealth down the road is referred to as an investment in an economic outlook.
A company makes a capital investment when it buys tangible assets to utilize in achieving its long-term goals and objectives. Among the assets that are bought as capital investments are real estate, factories, and equipment.
To know more about Investment, click here.
https://brainly.com/question/15353704
#SPJ1
there is a______ relationship between the risk of becky's portfolio and its average annual return.
Answers
There is a positive relationship between the risk of Becky's portfolio and its average annual return.
In finance, the risk-return tradeoff principle suggests that higher risk is generally associated with higher potential returns, and lower risk is associated with lower potential returns. This means that if Becky wants to earn higher returns from her portfolio, she may need to accept a higher level of risk. Conversely, if she wants to minimize her risk exposure, she may need to settle for lower potential returns. Therefore, the risk and return of Becky's portfolio are positively related.
Have a Great Day!-
larry, a u.s. citizen, opens and operates a bookstore in spain. this counts as
Answers
The simulation "Fill Rate and Graphs" depicts a side view of a bowl with sloping sides. The bowl is symmetric about a vertical, y, axis. Run the animation now to see the bowl fill with water. Link to simulation Fill Rate and Graphs The simulation shows a plot of the volume V of water in cubic centimeters versus time in seconds; it also shows a plot of the height yo water in centimeters versus time in seconds. What is the rate of volume change of the water? dt
dV
=
Answers
From the simulation "Fill Rate and Graphs", the rate of volume change of the water is the change in volume with respect to time and it is denoted as `dV/dt`.
Simulation "Fill Rate and Graphs" depicts a side view of a bowl with sloping sides. The bowl is symmetric about a vertical, y, axis. The simulation shows a plot of volume V of water in cubic centimeters versus time in seconds; it also shows a plot of the height yo water in centimeters versus time in seconds.
Volume and height of water can be used to find the rate of volume change of the water using the following formula:
dV/dt = A(y) dy/dt,
where A(y) is the cross-sectional area of the bowl at height y.
The cross-sectional area of a bowl is πr². Since the bowl is symmetric about the y-axis, the radius is given by:
r = y/tanθ,
where θ is the angle of the slope of the sides of the bowl.
Therefore, the cross-sectional area is:
A(y) = πy²/tan²θ
The height of the water can be found from the simulation. The volume of the water can be found by integrating the cross-sectional area over the height of the water:
V = ∫A(y)
dy = ∫πy²/tan²θ
dy = π/3tan²θ y³.
The rate of volume change of the water is given by:
dV/dt = A(y)
dy/dt = πy²/tan²θ dy/dt
The slope of the curve of height versus time is given by:
dy/dt = (yo - y)/(to - t)
where yo is the initial height of the water and to is the time at which the water was poured into the bowl. Substituting this expression into the formula for the rate of volume change of the water, we get:
dV/dt = πy²/tan²θ (yo - y)/(to - t)
Therefore, the rate of volume change of the water is:
dV/dt = πy²/tan²θ (yo - y)/(to - t).
Learn more about the cross-sectional area: https://brainly.com/question/13029309
#SPJ11
Although their intent was noble, there was a major problem with the asylums that existed to help the mentally ill in the 15th century. What was that problem?
A) a lack of "customers" caused by the massive drop in mental illness
B) They used barbaric treatments that were little better than those of the demonic era
C) too many physicians trying to implement their own views on the best ways to provide treatment
D) there was no religious guidance to help the patients find a spiritual center
Answers
In the 15th century, the intent behind the asylums that existed to help the mentally ill was noble. However, the major problem with these asylums was that they used barbaric treatments that were little better than those of the demonic era.
Patients were often subjected to cruel and inhumane treatments, such as being chained to walls, being bled, or being purged. These treatments were based on the belief that mental illness was caused by demons or evil spirits and therefore required harsh measures to expel them from the patient's body. The lack of understanding of mental illness meant that physicians had no clear idea of how to provide effective treatment. As a result, there were too many physicians trying to implement their own views on the best ways to provide treatment, leading to confusion and inconsistency in the care provided. While the intent behind the asylums that existed in the 15th century was noble, the lack of understanding of mental illness, combined with the use of barbaric treatments, made it a challenging time for those seeking help for mental health issues. It was not until much later that significant progress was made in the treatment of mental illness, and a more humane and effective approach was adopted.
To know more about the demonic era.
https://brainly.com/question/4565848
#SPJ11
Fiscal policy is the government’s use of government spending and taxes to influence the economy. For this task, you will choose one tool of fiscal policy—either government spending or taxes—and complete the activities below.
Part A
Which tool did you choose?
Part B
Do you think this tool should be increased or decreased to help the economy?
Answers
Explanation:
Fiscal policy is based on the theories of British economist John Maynard Keynes, which hold that increasing or decreasing revenue (taxes) and expenditures (spending) levels influence inflation, employment, and the flow of money through the economic system. Fiscal policy is often used in combination with monetary policy, which, in the United States, is set by the Federal Reserve to influence the direction of the economy and meet economic goals.
.
After the French were unable to complete the canal, the US took charge of its completion in 1904, and US President Theodore Roosevelt concluded that the US should receive all of the advantages.
He forbade other Panamanian merchants from establishing enterprises in the canal, and US military personnel were employed to complete the project.
Fiscal policy is termed as the policy that is wholly based on the increase and decrease of the revenue or the taxes of the different aspects of the economy like employment level, inflation, money flow in the economy, and the various others that are prevailing in the economic system.
It is used with the intuition to combine with the other monetary policy of the economy and then set the federal reserve for the economy to set its goals and acquire the economic goals of the economy.
To know more about the fiscal policy and the monetary policy, refer to the link below:
https://brainly.com/question/6915561
1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answers
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
Write the name of tourism sector related occupation and clarify its importance with reference to Nepal.
Answers
Answer:
one among the main importance is the foreign exchange of currency since it has a very higher exchange value compared to other tourism spots. exports to other countries from Nepal are very cheap and several good are produced on a large scale. ... cheap way of lifestyle attracts a lot of tourists all over the world.
Explanation:
the top should explain as much as I think.
Wasif would like to add some flair to text on a slide in his presentation. Which option can he use to create more dynamic graphics for his text?
fonts
WordArt
Format Painter
SmartArt
Answers
Answer:
I believe its WordArt but if not it is fonts.
Explanation:
Answer:
The answer is "WordArt".
Explanation:
WordArt is used in the Presentation. It is a tool that includes new versions of Word. It is normally used to make an organized presentation. It converts the text in dynamic graphics like 3D effects, outlines, and colors. other options are not correct that can be described as:
Fonts option provides simple text or fonts. Format Painter is a tool that copies format and pastes into another slide. SmartArt is a tool that provides shapes and It also provides an effect on these shapes.
an analytical report always ends by presenting recommendations
True or False
Answers
It is generally expected that an analytical report concludes with recommendations to provide practical and actionable steps for the reader to consider. True.
An analytical report typically concludes by presenting recommendations based on the findings and analysis presented in the body of the report. the purpose of an analytical report is to gather and analyze data, information, or evidence to provide insights and inform decision-making. once the analysis is complete, it is customary to offer recommendations or suggestions on how to address the issues or capitalize on the opportunities identified in the report. these recommendations are intended to guide the reader or decision-maker in taking appropriate actions or making informed choices based on the analysis and findings presented in the report. .
Learn more about analytical here:
https://brainly.com/question/30279876
#SPJ11
If supply increases and demand stays the same, there will be a
A) higher equilibrium price and quantity
B) lower equilibrium price and higher quantity
C) lower equilibrium price and quantity
D) higher equilibrium price and lower quantity
Answers
Answer: B) lower equilibrium price and higher quantity
Explanation:
Demand and supply simply shows the interaction that takes place between the producers and their consumers.
In a case whereby there's an increase in the supply for a product while the demand first change and remains the same, this will lead to a surplus, and hence there'll be a higher quantity.
Also, since there is surplus and the demand doesn't change, there'll be a reduction in the price of the product. Therefore, the correct option is B.
Answer:
the answer is B
Explanation:
A movie star was paid $1 million in 1960 to do a movie. The CPI was 29.3 in 1960 and the CPI in 2014 was 240. Approximately how much did the movie star earn in 2014 dollars
Answers
Answer:
$8.19 million
Explanation:
A movie star was paid $1 million in 1960 to do a movie
The CPI was 29.3 in 1960
The CPI in 2014 was 240
Therefore the amount that was earned in dollars by the movie star in 2014 can be calculated as follows
= 240/29.3
= 8.19 × $1 million
= $8.19 million
Hence the movie star earned $8.19 million in 2014
how can you find the weights to be used for the wacc, and which are more appropriate (market versus book)?
Answers
The equity amount used in the weight calculation should be consistent with the total equity as reported in the company's financial statements.
The weights used in the WACC calculation should be consistent with the financial data used in the analysis. For example, if the cost of debt is based on the interest rate on the company's outstanding debt, the corresponding debt amount used in the weight calculation should also be based on the outstanding.
The weights used in calculating the Weighted Average Cost of Capital (WACC) represent the proportion of a company's financing that comes from different sources. Typically, these sources include debt and equity, but other forms of financing, such as preferred stock, may also be included.
The weights used for the WACC calculation can be determined based on either the market value or the book value of each source of financing. The market value of a company's financing represents the current market price of its equity and the present value of its debt. The book value, on the other hand, represents the value of the financing as reported in the company's financial statements.
The choice between using market value versus book value weights in the WACC calculation depends on the specific circumstances of the company and the purpose of the analysis. In general, market value weights are considered more appropriate because they reflect the current market prices and investor perceptions of the company's financing. However, there are some situations where book value weights may be more appropriate, such as when the company has a stable capital structure and its market value and book value weights are similar.
To calculate the market value weights, the market value of equity is divided by the sum of the market value of equity and the market value of debt. To calculate the book value weights, the book value of equity is divided by the sum of the book value of equity and the book value of debt.
For such more questions on financial:
https://brainly.com/question/989344
#SPJ11
Which of the following is a disadvantage of licensing as a means of acquiring new technology? a. It involves high monitoring costs. b. The firm does not control or own the unique technology.
c. It is less economical than internal development.
d. It is the most time consuming way to develop new technology. e. The firm will need to acquire internal development capabilities
Answers
The correct answer is b. The firm does not control or own the unique technology.
Licensing is a means of acquiring new technology by obtaining the rights to use or access a specific technology or intellectual property owned by another party. While licensing can have its advantages, such as quick access to new technology and lower upfront costs compared to internal development, it also has certain disadvantages.
One significant disadvantage of licensing is that the firm does not control or own the unique technology it licenses. The technology remains the property of the licensor, and the licensee has limited control over how the technology is used, modified, or further developed. This lack of control can limit the flexibility and customization options for the licensee, as they are bound by the terms and conditions set by the licensor.
Additionally, licensing agreements often come with restrictions and limitations, such as geographical restrictions or time-limited licenses. This can hinder the firm's ability to fully exploit the technology or adapt it to changing market conditions.
Other options listed in the question:
a. It involves high monitoring costs: This statement is not necessarily true. While licensing agreements may require some degree of monitoring and compliance, the level of monitoring costs can vary depending on the specifics of the agreement.
c. It is less economical than internal development: This statement is not universally true. The cost-effectiveness of licensing versus internal development depends on various factors, such as the nature of the technology, the firm's capabilities, and the market conditions.
d. It is the most time-consuming way to develop new technology: This statement is incorrect. Licensing can often provide a faster route to acquiring new technology compared to internal development, which can require significant time and resources.
e. The firm will need to acquire internal development capabilities: This statement is not directly related to licensing. Acquiring internal development capabilities may be necessary if a firm wants to pursue internal development of technology, but it is not a requirement specific to licensing.
Therefore, the correct answer is b. The firm does not control or own the unique technology.
Learn more about Licensing here -: brainly.com/question/30509233
#SPJ11
Learn about unanticipated inflation and understand how it occurs. Compare the advantages and disadvantages and see who benefits from unanticipated inflation.
Answers
Unanticipated inflation occurs when the general price level of goods and services increases more rapidly than expected by the public, producers, and the government.
About unanticipated inflationIt is inflation that is unexpected or unpredictable. Inflation is a situation in which the price level of goods and services in an economy continues to rise over time.
There are two types of inflation:
anticipated and unanticipated inflation.
It is hard to predict unanticipated inflation because it happens without warning. Anticipated inflation is when prices increase at a rate that is expected, allowing people to make the necessary adjustments in their financial planning.
Advantages of unanticipated inflation include the following:
Debtors profit as they repay their loans with money that has less purchasing power. Borrowers of fixed-interest-rate loans can benefit from unanticipated inflation because they will pay back their loans with dollars that are less valuable.
Employees can demand salary increases due to increased inflation rates. Producers are able to raise prices of goods and services to match the inflation rate, which raises profits. On the other hand, the disadvantages of unanticipated inflation include the following: There is an increase in uncertainty about the future of the economy.
An increase in uncertainty could lead to less investment and less borrowing. Those with fixed incomes, such as retirees, may see the value of their incomes decrease. The value of investments like bonds may decrease due to unanticipated inflation. In general, debtors, borrowers of fixed-interest-rate loans, producers, and employees benefit from unanticipated inflation.
Retirees and people with fixed incomes suffer because the value of their income decreases. Furthermore, bondholders who do not hold inflation-protected bonds suffer because the value of their investment decreases.
Learn more about unanticipated inflation at
https://brainly.com/question/30582006
#SPJ11
A pillow is a raw material?
True
O False
Answers
False, a pillow is not a raw material. However, it's made of raw materials like:
- polyester
- linen
- satin
- silk
- etc....
You are an American, working for a US hospital. The hospital sells services to a French hospital. Given a depreciation of the Euro, your French subsidiary (the one that receives the revenues from the French Hospital) received a lesser income last year, although a clause in your contract stipulates adjustment payment in US dollars. Therefore, your subsidiary has a balance sheet loss, although your consolidated global result is positive. This type of foreign exchange risk is known as:
Answers
Answer:
translation exposure
Explanation:
Translation exposure is also known as translation risk. In this type of risk, the value of a company's assets, equities, income, or liabilities change due to changes in the exchange rate,
French subsidiary received a lesser income last year, although payment will be adjusted in US dollars as per the contract.
Due to this, the subsidiary has a balance sheet loss, although the consolidated global result is positive.
This type of foreign exchange risk is known as translation exposure.
Select the correct answer. Ship's engineers help keep ships running well. A. True B.False
Answers
Answer:
i am late but this true
Explanation:
I did the test on this and got it right :)
Why is creative thinking important to generate business ideas?
Answers
Answer: Creative thinking is necessary for business problem-solving.
Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!
What did the idealists believe?
Answers
The term "idealists" in philosophy refers to metaphysical viewpoints that contend that perception and understanding are inseparable from reality and that reality is a mental construction closely related to ideas.
There are two types of idealist perspectives: subjective idealism, which contends that a material object exists only to the extent that a human being perceives it, and objective idealism, which contends that there is an objective consciousness that predates and exists independently of human consciousness, thereby establishing the object's existence as independent of human perception. According to the philosopher George Berkeley, one must perceive an object's essence. However, idealism "does not concern the existence of objects," according to Immanuel Kant Subjective idealists, commonly referred to as immaterialism, is a theory of experience and the world in which things are nothing more than bundles or groupings of sense data in the perceiver.
Learn more about idealists:
https://brainly.com/question/11433944
#SPJ4