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3 years ago

What's the major requirement for low-context managers doing business in high-context cultures?

1 answer:

8 0

<span>A major requirement would be flexibility. The low context manager needs to be careful not to assume that his style of communication is uniformed across all cultures. Understanding the high context culture and demonstrating flexibility and patience is required by the manager, if goals are to be met.</span>

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You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties

sdas [7]

You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties on a regular basis. this typical fee structure for a franchise is an Example Of an advantage For An Franchisor.

In the aforementioned scenario, we first pay the initial franchise fees and then we are required to pay royalties on a regular basis. As a result, it is obvious that the franchisor benefits financially and that overall growth also benefits because the franchisor does not assume any risk in the Planet Fitness Gym; instead, they merely provide their franchises and receive regular basis income.

Additionally, they lower market and gym startup costs, among other things. They also gain from the fact that opening a new gym raises the value of their brand in the marketplace, which helps the franchisor long-term and accelerates their overall growth.

A franchise is a kind of license that gives a franchisee access to a franchisor's confidential company information, operational procedures, and trade names, enabling the franchisee to conduct business under the franchisor's brand.

Learn more about franchise here

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3 0

2 years ago

A company's value chain is only as strong as its weakest link. What should a company do to properly gauge the strength of its l

weqwewe [10]

Answer:

Examine the company's partner relationship management.

Explanation:

A company's value chain is only as strong as its weakest link.

Therefore, the company should examine the company's partner relationship management to properly gauge the strength of its links and continually improve as partner relationship management systems track inventory, discounting, pricing and business operations

5 0

3 years ago

Which of the following is an integral step in a pay-and-return scheme? A. Establish a shell company. B. Misappropriate the incom

svlad2 [7]

Answer:

Letter b is correct. Misappropriate the incoming check related to returned goods and deposit the check in a bank account other than the company's.

Explanation:

A pay-and-return scheme is a scheme where an employee intentionally defrays a payment amount from a vendor, increasing that expense and reimbursing the excess amount of that payment. It can also be performed on a dual payment scheme to a vendor, and after the employee reports the error to the vendor and gets a check back, he can refund the amount.

4 0

3 years ago

Account A pays 13.8% interest per year. Account B pays 13.5% interest per year, compounded monthly. Account C pays 13% interest

alexandr1967 [171]

Answer:

1. Future value (FV) = $4,717

2. Future value (FV) = $5,189

3. Future value (FV) = $5,237

Explanation:

Requirement 1

Assume that the present value of the investment is $1,000.

We know, Compounding yearly,

FV = PV*(1 + i)^n

Given,

Present value (PV) = $1,000

Interest rate, i = 13.8% = 0.138

number of periods, n = 12 years

We have to calculate the future value of the investment.

Therefore,

FV = $1,000 × $(1 + 0.138)^{12}$

or, FV = $1,000 × $1.138^{12}$

or, FV = $1,000 × 4.7174

Therefore, Future value (FV) = $4,717

Requirement 2

Again, Assume that the present value of the investment is $1,000.

We know, Compounding monthly,

FV = PV × $(1 + \frac{i}{m})^{m*n}$

Given,

Present value (PV) = $1,000

Interest rate, i = 13.8% = 0.138

number of periods, n = 12 years

compounding period (monthly), m = 12

We have to calculate the future value of the investment.

Therefore,

FV = $1,000 × $(1 + \frac{0.138}{12})^{12*12}$

or, FV = $1,000 × $(1 + 0.0115)^{144}$

or, FV = $1,000 × $1.0115^{144}$

or, FV = $1,000 × 5.1890

Therefore, Future value (FV) = $5,189

Requirement 3

Again, Assume that the present value of the investment is $1,000.

We know, Compounding daily,

FV = PV × $(1 + \frac{i}{m})^{m*n}$

Given,

Present value (PV) = $1,000

Interest rate, i = 13.8% = 0.138

number of periods, n = 12 years

compounding period (daily), m = 365

We have to calculate the future value of the investment.

Therefore,

FV = $1,000 × $(1 + \frac{0.138}{365})^{365*12}$

or, FV = $1,000 × $(1 + 0.000378)^{4,380}$

or, FV = $1,000 × $1.000378^{4380}$

or, FV = $1,000 × 5.2367

Therefore, Future value (FV) = $5,237

4 0

4 years ago

Emelia Vanderpuye retired this morning and has $1.5 million in her retirement account. She expects to live thirty years in retir

baherus [9]

Answer:

The applicable options are:

$7,997.75 $5,842.50 $6,955.93 $8,799.06

The first one ,$ 7,997.75 is correct answer

Explanation:

The amount of monthly withdrawal can be computed using the pmt formula in excel

=pmt(rate,nper,-pv,fv)

rate is the monthly rate of return which is 6%/12=0.5%

nper is the thirty years multiplied by 12 which is 360 months

pv is the current amount in her retirement savings which is $1.5 m

fv is the amount expected to be left in the account for children and grandchildren which is $1 m

=pmt(0.5%,360,-1500000,1000000)=$ 7,997.75

The amount of monthly withdrawal is 7,997.75

8 0

3 years ago