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Minchanka [31]
3 years ago
10

Ernest was looking forward to representing his company in china. once he had arrived, however, he felt differently. for one, the

chinese were insulted when he wanted them to sign a contract; they thought it meant he didn't trust them. it was much more crowded than he thought it would be, transportation within the cities was much more difficult than he was used to, and the availability of the foods he enjoyed was very limited. what is ernest experiencing?
Business
1 answer:
stiks02 [169]3 years ago
3 0
I would say that Ernest is experiencing culture shock with regards to his initial experiences in China. The behaviour of his clients to his request for a signed contract, the cities being so crowded and transportation being difficult within the cities and food he liked being hard to find are all aspects of this. However, if he persisted he probably would find ways of dealing with these things and discover how to develop trust with his clients, find transportation that suited him and with searching and asking find at least one or two places that had the food he liked. From my own experience, I had a job in El Salvador and suffered culture shock re how aggressive the drivers were so I learned to be aggressive or at least assertive in my driving and thus had more success in this respect. 
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Your credit score cannot be used to help you
Sveta_85 [38]

Answer:

A credit score is usually a three-digit number that lenders use to help them decide whether you get a mortgage, a credit card or some other line of credit, and the interest rate you are charged for this credit. The score is a picture of you as a credit risk to the lender at the time of your application.

Explanation:

3 0
2 years ago
KCE Corporation is currently operating at its target capital structure with market values of $140 million of equity and $155 mil
MariettaO [177]

Answer:

Option (a) is correct.

Explanation:

Given that,

Equity = 140 Millions

Debt = 155 Millions

Debt Equity Ratio = Debt ÷ Equity

                             = 155 Millions ÷ 140 Million

                              = 1.11

KCE is financing its new project with 25 Millions

Let the New debt issued by x   and the New equity financed be (25-x) .

Debt Equity Ratio = Debt ÷ Equity

1.11 = (155 + x) ÷ (140 + 25 - x)

1.11 = (155 + x) ÷ (165 - x)  

183.15 - 1.11x = 155 + x

28.15 = 2.11 x

x = 13.34

Option (a) is the most nearest to this answer.

New Debt = 155 + 13.34

                 = 168.34 Millions

New Equity = 140 + 11.66

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5 0
4 years ago
In a job shop, effective capacity is only 50% of design capacity, the actual output is 80% of effective output. What design capa
Step2247 [10]

Answer:

The design capacity would be needed to achieve an actual output of 8 jobs per week is 20 per week.

Explanation:

5 0
2 years ago
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tresset_1 [31]

Answer:

C. that issuing debt requires interest and principal payments to be paid thereby reducing the potential of management to waste resources.

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Based on the hypothesis, it becomes essential for such organisations to issue debts so that as the legal obligations (debts, principal and interest) increases, the potential to waste money as a result of fre cash flow reduces.  

8 0
3 years ago
Costs incurred prior to the current project are _____ Group of answer choices Reserves Costs Indirect Costs Direct Costs Sunk Co
ratelena [41]

Costs incurred prior to the current project are Sunk Costs .

<h3>What are Sunk Costs?</h3>

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It can be used in  decision making, which is seen as  bygone and are not taken into consideration for continuity, hence, they are incurred prior to the current project .

Learn more about Sunk Costs at:

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