The statements regarding Fannie Mae loan are true except that A. Fannie Mae lends money directly to homebuyers.
<h3>How to illustrate the information?</h3>
It should be noted that Federal National Mortgage Association (Fannie Mae) was established to provide a secondary market for FHA-insured and VA-guaranteed loans.
Fannie Mae fully guarantees timely payment of interest and principal to investors and is authorized to buy both conventional home loans and government-sponsored
In conclusion, the correct option is A.
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Based on global management, it seems Michael was not cognizant of Norio coming from a <u>high-context culture</u>.
<h3>What is
global management?</h3>
Global management can be defined as an international business practice in which a business organization (company) utilizes its employees (management team) and resources to carry out its business on an international level.
<h3>What is a
high-context culture?</h3>
A high-context culture can be defined as a type of cultural communication in which the people focuses on underlying context and situational cues, meaning, nonverbal cues, and tone of a message, rather than just the words themselves when communicating with others.
In this context, we can reasonably infer and logically deduce that it seems Michael was not cognizant of Norio coming from a high-context culture because he is exhibiting low-context culture characteristics, by being more interested in signing a contract.
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Complete Question:
At the beginning of the conversation, Norio wanted to discuss sushi with Michael, but Michael is more interested in getting the contract signed. Based on what you've learned about global management, it seems Michael was not cognizant of Norio coming from a ______.
Answer:
The correct answer is letter "E": benchmarking.
Explanation:
Benchmarking refers to a study a company makes of the best performers of its industry in an attempt to identify their strategies so they can be compared to the ones of the firm conducting the research. The comparison aims to spot improvement areas and to adapt the good practices according to the business operations. Benchmarking should be conducted periodically by institutions that attempt to keep up to the pace of leading competitors.
Answer:
When a guest is complaining, emotions will be involved. The empathetic staff member will listen to the guest carefully, not simply offering sympathy
Answer: 9.09% ownership
Explanation:
Your current ownership of the shares in Webster Mills is 10% of 3 million.
That means that you own,
= 10% * 3 million
= 300,000 shares.
The new offering that the company is doing equates one right to each share of existing stock and is expected to raise $12 million in new financing at a cost of $40. The goal is to find out how many new shares this will add.
= 12,000,000/40
= 300,000 shares
This means that 300,000 new shares will be added.
There are already 3,000,000 shares outstanding and now there are 300,00 extra which would bring the total to,
= 3,000,000 + 300,000
= 3,300,000 outstanding shares.
Since you sold your rights then you still have shares but now your percentage of ownership will change because of the increase in outstanding shares.
Your ownership percentage is now,
= 300,000 shares (that you own) / 3,300,000 (new outstanding balance)
= 0.0909
= 9.09%
Your new ownership position is that you own 9.09% of Webster Mills.
