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love history [14]
3 years ago
14

Studying international business is important because the best way of conducting business is usually the same from country to cou

ntry.
Business
1 answer:
kakasveta [241]3 years ago
5 0

Answer:

FALSE

Explanation:

Conducting business is usually NOT the same from country to country because:

1. DIFFERENCE IN BUSINESS ETHICS: Business ethics vary from nation to nation. European countries work from 8 am to 5 pm on a typical work day and rest on Saturdays and Sundays; but in the middle East, people do not work on Fridays but work on Sundays. They also take a lot of business time off for routine prayers during normal work hours.

2. NEED FOR TRANSLATORS: Differences of language does increase the cost of carrying out business activities in other nations. Take India and China for example; You cannot conclude that business deals will be carried out without hiring a translator who understands Hindi or Mandarin.

3. LOCAL LAWS AND CUSTOMS: The UK customs and laws require that cars be driven on the left hand side of the road but that is not the same in most other countries of the world, hence a U.S car manufacturer must be aware of the costs of redesign if he has to sell cars in the U.K.

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Sally purchases a classic 1964 car she saw for sale on someone’s lawn. She then purchases some new parts and spends 120 hours re
Klio2033 [76]

Answer:

b) the amount she paid to buy new parts

Explanation:

Gross domestic product (GDP) is the monetary value of goods and services produced in a country within a period of time usually a year.

The second hand car purchased by Sally has already been recognized in the GDP in the period it was first sold. To include the purchase cost again will amount to double counting.  Therefore, the expenses that will be included in GDP is the value that has been added, that is, the amount she paid to buy new parts. We do not recognize the value of self service in GDP,  therefore the 120 hours she spent refurbishing the car is not to be included.

7 0
4 years ago
Snow blowers are sold in areas where there is a longer cold season and the likelihood of snow. the consumer market for snow blow
iVinArrow [24]

The answer to this question is an example of geographic segmentation. Geographic segmentation is dividing the market or consumers depending on the location or geography. This kind of marketing strategy is often used by small businesses Geographic segmentation is segmenting the market thru cities, country, and regions.

5 0
4 years ago
The regular expenses of doing business such as wages, rent, utilities, insurance, and advertising is also known as the
guajiro [1.7K]

Answer:

Operating expense

4 0
3 years ago
The safest action to take if someone claiming to be from your bank calls you to ask you for account information?
Cloud [144]
Ask questions on the person and check where is the number coming from in the phone. Or you can simply ask why do they need this info.
7 0
3 years ago
On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the compan
fredd [130]

$4.40 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)

where,

Net income is $640,000

Preference dividend is $72,000

And, the weighted average number of share is

= 120,000

6 0
3 years ago
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