Answer:
Final Value= $370,481.13
Explanation:
Giving the following information:
Amy's contribution, plus that of her employer, amounts to $2,150 per year starting at age 23. Amy expects this amount to increase by 3% each year until she retires at the age of 57 (there will be 35 EOY payments). Interest rate= 5%.
<u>First, we will add the growth of the deposits to the interest rate:</u>
Interest rate= 0.03 + 0.05= 0.08
Now, to calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 2,150
i= 0.08
n= 35
FV= {2,150*[(1.08^35)-1]}/ 0.08= $370,481.13
Answer:
a. Culture can be imposed from home country to host country.
Explanation:
Organization Culture are set of values, systems, belief, attitude and behaviour which shows how employees and business owners communicate with outsiders. Organization culture provides direction and influences decisions of management in an organization.
It imperative for global company to have it's own unique culture as they would easily be identified with that behaviour. They must also live by and adjust to the culture of the host community.
An ideal global company must have clear vision, best practises, set of values and people oriented culture inorder to be differentiated and have a lasting organization.
Characteristics of cultures global companies should have;
-It is the duty of global firm to to know the level and importance of various aspects of culture in the foreign market it serves.
-Country operations and management needs to adjust to the cultural environment existing in the countries the global firm serves
-Culture is learned and not inherited.
-It is nearly impossible to change an entire country's culture.
Answer: younger; older
Explanation:
Anthony is most likely younger as he still sees fulfillment when he gets a good salary and benefits from a good job while Henry is older, having set up a firm, values his employees and how the work is done.
The stakeholder theory supplies opportunities to align business practices with societal anticipations and sustainable environmental conditions.
<h3>Who are the stakeholders and what are their roles and responsibilities?</h3>
Stakeholders are people or companies with a vested interest in the outcome of their typical projects. Stakeholders have legal decision-making privileges and may control project scheduling and budgetary matters. To make sustainability a true organization-wide problem and a pillar of company procedure, CEOs and senior executives must be leading from the facade.
<h3>Who are the stakeholders for sustainability?</h3>
These contain shareholders, managers, employees, customers, and suppliers. Secondary stakeholders, on the other hand, include those who are indirectly influenced by an association or who indirectly impact an institution.
To learn more about stakeholders visit the link
brainly.com/question/14514176
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The given statement is false.
Government budget deficit occurs when government spending exceeds its income. When government deficit increases, debt increases. This is because a deficit would need to be funded by additional borrowing. Thus, borrowing increases.
Public saving is national income less consumption and government spending. When deficit increases, government spending increases and public savings decline.
A similar question was answered here: brainly.com/question/10876388
