The Hofstede’s cultural dimension that would explain this difference is the uncertainty orientation. The uncertainty theory is used to explain how different people do different things because of their cultural and values that differentiate. Since this example shows how different people from various cultures would react to a situation, it is describing the uncertainty orientation. There are many factors that will shape a persons decision on a situation.
Answer:
Option (d) is correct.
Explanation:
Schedule tariff rate quota refers to the another form of barrier on the imports of a nation. Under this kind of import restriction, the government specify the benchmark or quantity goods to be imported or we can say that sets the import limit and after that limit reached, then certain rate of tariff is implemented on the quantity of goods imported.
This import restriction is used by various developed and developing nations for controlling their imports.
A simultaneous game is said to exist when:<u> firms choose their strategies at the same time as their rivals.</u>
<h3>
What is a Simultaneous Game Theory?</h3>
In game theory, a simultaneous game or static game is a game where each player chooses their action without knowledge of the actions chosen by other players. Simultaneous games contrast with sequential games, which are played by the players taking turns (moves alternate between players).
In other words, both players normally act at the same time in a simultaneous game. Even if the players do not act at the same time, both players are uninformed of each other's move while making their decisions.
In a Simultaneous Game, players only have one move and all players' moves are made simultaneously. The number of players in a game must be stipulated and all possible moves for each player must be listed. Each player may have different roles and options for moves. However, each player has a finite number of options available to choose.
Therefore, we can conclude that the correct option is A simultaneous game is said to exist when:<u> firms choose their strategies at the same time as their rivals.</u>
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Answer: Confirm with the seller's broker, the lender and the closing entity that the closing must be delayed to allow for a new seven-day waiting period because of the interest rate revision.
Explanation:
The TILA-RESPA Integrated Disclosure rule, helps in dictating the information which the mortgage lenders are expectes to give to the borrowers and also when such information must be provided.
Based on the TILA-RESPA Integrated Disclosure rule, the action that the broker should in this situation is for the broker to confirm with the broker of the seller, the lender and also the closing entity that there must be a delay in the closing in order to give room for a new seven-day waiting period due to the revision in the interest rate.