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2 years ago

In China, it is considered a norm to give carefully chosen gifts to those one is doing business with. True False

1 answer:

5 0

As regards the statement on giving a carefully chosen gift to those you do business with in China being a norm, this statement is True.

<h3>What is considered a norm in Chinese business?</h3>

The Chinese believe that when you do business with someone, you should present them with a carefully thought out and chosen gift.

This shows great respect for your business partner, and can help negotiations to go along more smoothly.

Find out more on business norms at brainly.com/question/5718637.

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You are about to borrow $15,000 "from a bank at an interest rate of" 8% compounded annually. You are required to make three eq

Reptile [31]

Answer:

Year 1 $15000

Interest $1,200

repayment $5,820.50

Year 2 $10,379.50

Interest $830.36

repayment $5,820.50

Year 3 $5,389.36

Interest $431.15

repayment $5,820.50

Closing balance $0

Explanation:

Year 1 Interest = $15,000 * 8% = $1,200

Closing balance at the end of year 1 = $15,000 (loan principal) + $1,200(interest) - $5,820.50 = $10,379.50

Year 2 Interest = $10,379.50 * 8% = $830.36

Closing balance at the end of year 2 = $10,379.50 (opening balance prior year) + $830.36 (interest) - $5,820.50 = $5,389.36

Year 3 Interest = $5,389.36 * 8% = $431.15

Closing balance at the end of year 3 = $5,389.36 (opening balance prior year) + $431.15 (interest) - $5,820.50 = 0

6 0

3 years ago

Topp Properties, Inc. (TPI), plans to offer to sell its warehouse to U-Store-It Center for a certain price, but neglects to comm

UkoKoshka [18]

Answer:

D. Not effective

Explanation:

a. Effective if there are no other potential buyers.

b. Effective if TPI does not advertise the offer generally.

c. Effective if U-Store-It is currently expanding its facilities.

d. Not effective.

From the question, we are informed about how Topp Properties, Inc. (TPI), plans to offer to sell its warehouse to U-Store-It Center for a certain price, but neglects to communicate the offer to U-Store-It. In this case This offer is Not effective, this is because the offer wasnt communicated to U-Store. An offer can only be regarded as effective offer when 1) offeror is effective and serious to perform the offer

2) the terms and conditions of the offer is certain.

3) the offer is communicated to the offeree.

8 0

3 years ago

A company tries to serve the segments whose needs match their _______, and in doing so hope to make very happy and loyal custome

Sever21 [200]

A company tries to serve the segments whose needs match their abilities to deliver/delight.
When a company decided to provide its service only to a specific market, the company will get a stronger footing and marker positioning in that market, which will help the company in obtaining a lot of loyal customer for its products.

6 0

3 years ago

Read 2 more answers

An economic model: Group of answer choices A. applies economic theory to understand real-world events. B. is so abstract that it

Drupady [299]

Answer:

A. applies economic theory to understand real-world events.

Explanation:

An economic model is a simplified version of reality that allows us to understand and predict economic phenomena.

characteristics of economic models are ;

They capture the fcomplexity of a phenomenon

They are able to make powerful predictions they are simple to understand

An example of an economic model is the production possibility frontier (PPF) . The PPF is a curve that shows the two combinations of goods that can be produced given the resources of an economy

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3 years ago

The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic p

nydimaria [60]

Answer:

a. outsourcing

Explanation:

Outsourcing can be regarded as a cost cutting measures in an organization, it involves the hiring of other party from another organization to perform some services or production in ones organization. The instances of outsourcing are Hiring human resource management as well as facilities management. Another one is hiring a

supply chain management,

It should be noted that The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic production is called outsourcing

5 0

3 years ago