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2 years ago

To what degree a country's legal system is based on the rule of law matters little in international business.

Business

1 answer:

marissa [1.9K]2 years ago

3 0

Rule of law is very important in case of country’s legal system

This means that no one can be regarded to be above the law in a society where the rule of law exists. In a parliamentary democracy, the rule of law places a duty on all citizens to uphold the law, and in order to do so, the legislation must be just and not arbitrary. The goal of the rule of law, like other constitutional concepts, is to advance peoples' freedom and basic rights.

People and corporations must abide by the regulations set forth by the rule of law in order to avoid penalties. The rule of law establishes norms for businesses so that they, too, know what is required of them in their transactions and enables people to comprehend what is expected of them in their personal capacities.

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Kid’s Corner sells lamp systems for $25. These systems use LEDs to create a light display across walls or ceilings. Kid’s Corner

tatiyna

Answer:

a. Breakeven point: 1,500 units.

b. Kid´s Corner would have to sell 2,333.33 units to earn $10,000 in operative income.

Explanation:

a. breakeven point in units $=\frac{fixed costs}{Total sales revenue - Cost to make product}$

breakeven point= $=\frac{18,000}{25-13}=1,500 units$

b. Operating income = Total revenue - direct costs-indirect costs

$10,000=$25*X-$13*X- 18,000

Where X is the amount of units to sell

Isolating X from the equation, we have:

12X=28,000

X=28,000/12

X= 2,333.33

4 0

3 years ago

Chi-Ling thought it would be best to put Connor in charge of making decisions for the accounting team and Manami in charge of ma

Dmitry_Shevchenko [17]

The aspect of analyzing teamwork is Chi-Ling using is authority differentiation. Thus the option 3rd is correct.

<h3 /><h3>What is Authority?</h3>

Authority refers to the power access by the individual or the government over the others. The authoritative person can make the decisions regarding the various sectors and make his subordinates to work in his accord.

The Chi ling has divided the work of the accounting and marketing between his employees and made the head of the department. Thus this concept of analyzing the teamwork is known as authority differentiation.

The authority of the both the employees Connor and Manami is well defines they both will looking after their filed and are free to take decisions on their department.

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5 0

2 years ago

Suppose market forces outside of the control of the Chinese government are causing the price of Chinese yuan in terms of Japanes

pochemuha

Answer:

A. file a pegging application with one of the three international currency-management agencies.

8 0

3 years ago

Hammond likes his daily routine that involves eating the same breakfast while reading the newspaper, and taking the same route t

kow [346]

Answer:

b. conscientiousness

Explanation: hope it rite

8 0

4 years ago

Codes of conduct (ethics) are formalized rules and standards that describe what the company expects of its employees in terms of

Ludmilka [50]

Answer:

True

Explanation:

The codes of conduct are the set or collection of conduct in an organisation that are specified for the particular organisation. These conducts may be following:

Rules
Principles
Values
Employee expectations, behavior, and relationships

These codes of conducts are to be followed by the individuals associated with organisation.

4 0

4 years ago