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SSSSS [86.1K]
3 years ago
12

When General Motors first began selling its Chevy Novas in Mexico, it could not understand the low sales volume at first. Then,

GM discovered that the word, "no va" in Spanish means "something that does not go." Would you buy a car that does not go? This is a prime example of which way to avoid misunderstandings? A. Biases in paying attention B. Cultural similarities C. Choosing the simple, basic word(s) D. Separating facts from inferences
Business
1 answer:
mafiozo [28]3 years ago
5 0

Answer:

The correct answer is letter "B": Cultural similarities.

Explanation:

Cultural similarities refer to customs and special terms that for one region or country are widely accepted but not for others. Those actions or phrases could be exactly the same but carry a different or even negative meaning in different places. This is not limited to actions and terms used in day-to-day activities but also under formal circumstances.

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In the fall, Jay Thompson decided to live in a university dormitory. He signed a dorm contract under which he was obligated to p
Vesna [10]

Answer:

The cheapest alternative is: $300 a month immediately.

Explanation:

Giving the following information:

The dorm cost was $5000 for the two semesters

Jay had already paid a month after he moved into the dorm.

Jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment.

His share of the apartment rent and utilities will be $390 per month.

Each semester is 4.5 months long.

Alternative A:

One student offered to move in immediately and to pay Jay $300 per month for the eight remaining months of the school year.

Income= 300*8= 2400

Apartment rent= (3120)

Food= (3600)

Total= (4320)

Alternative B:

A second student offered to move in the second semester and pay $2500 to Jay.

Income= 2500

Dorm rent= (5000/9)*3.5= (1944)

Apartment rent= (1755)

Dorm food= 500*3.5= (1750)

Apartment food= (2025)

Total= (4974)

Alternative C:

Stay in the dorms

Dorm rent= (4444.44)

Dorm Food= (4000)

Total= $8444.44

<u>The cheapest alternative is A.</u>

8 0
3 years ago
Explain how to structure discounts so that they encourage customers to spend money and keep the business profitable. Be sure to
umka21 [38]

If you offer volume discounts, it will encourage customers to buy more than that would have otherwise. For example, if each pair of socks is $5 but you offer a volume discount where customers can get 10 pairs for $30 you are encouraging them to spend more than they normally would.

7 0
3 years ago
Unearned Fees appear on the ___
Anna007 [38]

Answer:

d

Explanation:

Unearned fees is recorded on a company's statement of financial position(balance sheet) as a liability. Unearned Fees is presented  as a liability because the revenue has still not been earned  and relates services owed to a customer. .

See IFRS 15 for further clarity..

3 0
3 years ago
Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are
Stella [2.4K]

Answer:

14%

Explanation:

Let IRR from machine be represented with i

Now, $4,120 * Cumulative PV factor (i, 6 periods) = $16,000

Cumulative PV factor (i, 6 periods) = $16,000 / $4,120

Cumulative PV factor (i, 6 periods) = 3.883

Now, we refer to PV factor table, the PV Factor (3.883) falls nearest to i =14%. (See proof in the attached table as attached below)

So therefore, IRR = 14%

So, the machine's internal rate of return is closest to 14%.

5 0
3 years ago
You agree to make 24 deposits of $500 at the beginning of each month into a bank account. At the end of the 24th month, you will
sergey [27]

The answer & explanation for this question is given in the attachment below.

5 0
3 years ago
Read 2 more answers
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