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Grace [21]
2 years ago
12

Reggie owns a small stationery company in Tennessee and plans to enter the French market to sell his line of fine linen papers.

He realizes that there are many business customs he will need to understand and conform to in order to succeed in France. What type of business custom is Reggie concerned with? global protocols cultural imperatives business axioms cultural exclusives business truism
Business
1 answer:
Alexxandr [17]2 years ago
6 0

Cultural imperatives

Cultural imperatives are the customs of a nation that a business owner must comprehend and adjust to in order to succeed in that nation's market. Some cultural requirements, like the formality and rigid work culture of Japan, may be desirable, but others, like the widespread practice of bribery, may be seen as unfavorable or even illegal.

<h2>What are cultural imperatives in business?</h2>

If relationships are to be successful, cultural imperatives are the business norms and expectations that must be met, conformed to, or avoided. Successful businesspeople are familiar with terms like the Latin American compadre.

<h3>What are some examples of the cultural demands, choices, and exclusivities in Denmark?</h3>

IMPERATIVES

  • Adherence to and recognition of cultural standards. The world's least corrupt country is Denmark. You must not indicate that they are able to detect corruption.

ELECTIVES:

  • Cultural practices are electives that you can choose to follow or not. This modification can be advantageous for company.

Learn more about imperative at

<u><em>brainly.com/question/8786117?referrer=searchResults</em></u>

#SPJ4

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Rather than using an institutional loan, a seller extends credit to a buyer and the buyer gives the seller a deed of trust. This
Montano1993 [528]

Answer:

The correct solution would be "Purchase money loan ".

Explanation:

  • The purchasing money allowance would be granted by that of the producer to the consumer of such the property. This is also considered as financing by the seller as well as by the owner.  
  • Those other loans are mostly utilized by borrowers who've had difficulty applying for something like a conventional mortgage leading to negative performance.
4 0
3 years ago
has determined he will have an annual retirement income deficit. The deficit for the first year of retirement, 10 years from now
Greeley [361]

Answer:

Total needed= $2,700,000

Explanation:

Giving the following information:

The deficit for the first year of retirement, 10 years from now, is $90,000. He expects to be in retirement for 30 years and believes he can earn a 7% after-tax annual return on invested dollars. Inflation is expected to average 4% annually over this same period.

Real rate= 7 - 4= 3%

Total needed= 90,000*30= 2,700,000

7 0
4 years ago
A company begins a review of ordering policies for its continuous review system by checking the current policies for a sample of
Blizzard [7]

Answer:

a. The EOQ for this item is 184 units

b. The desired safety stock is 47 units

c. The reorder point is 377 units.

d.  Holding co is 1,288.

The Ordering co isst 1,291

Explanation:

According to the given data we have the following:

Annual Demand (d) = 48*110 = 5280 units

a) Therefore,  EOQ = sqrt(2*D*S/H) = sqrt(2*5280*45/14) = 184 units

b) Safety Stock = Z*SD*sqrt(LT)

For Service level of 90%, Z value is 1.28

SD = 21

Lead Time (LT) = 3

Therefore, Safety Stock = 1.28*21*sqrt(3) = 47 units

c) Reorder point is D*LT + Z*SD*sqrt(LT)

= 110*3 + 47 = 377 units

d) If currently Q = 300, R = 370

Holding cost = Q/2*H = 300/2*14 = 2100$

Ordering cost = D/Q*S = 5280/300*45 = 792$

Total = 2,892$

For Q=EOQ=184 & R = 377

Holding cost = 184/2*14 = 1,288

Ordering cost = 5280/184*45 = 1,291

Total = 2,579$

8 0
3 years ago
Corporate bond A has a 6 percent coupon and matures in 3 years. Corporate bond B has a 6 percent coupon and matures in 15 years.
babymother [125]

Answer:

New price of bond A = $986.76, this means that the price decreased by $13.24 or 1.32%.

New price of bond B = $952.99, this means that the price decreased by $47.01 or 4.7%.

Explanation:

Since the current market interest is 6%, then both coupons A and B are sold at face value. If the market interest increases to 6.5%, then

New price of bond A:

PV of face value = $1,000 / (1 + 6.5%)³ = $827.85

PV of coupon payments = $60 x 2.64848 (PV annuity factor, 6.5%, 3 periods) = $158.91

New price of bond A = $986.76, this means that the price decreased by $13.24 or 1.32%.

New price of bond B:

PV of face value = $1,000 / (1 + 6.5%)¹⁵ = $388.83

PV of coupon payments = $60 x 9.40267 (PV annuity factor, 6.5%, 3 periods) = $564.16

New price of bond B = $952.99, this means that the price decreased by $47.01 or 4.7%.

8 0
3 years ago
Which of the following people would tend to favor a communist economy?
valentinak56 [21]
C. Liz wants to live in a country where the government makes almost all the economic decisions.
3 0
3 years ago
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