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katen-ka-za [31]
3 years ago
10

At a busy meeting of the internatinal sprout growers, you want to make contact qith as many people as possible. Luckily ,you rem

ember the eight minutes rule and the importance of ?
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
8 0

At a busy meeting of the international sprout growers, you want to make contact with as many people as possible. luckily, you remember the eight-minute rule and the importance of <u> "spending only a brief time with each contact."</u>


The eight minute rule is set up to enhance proficiency and profitability. In a busy meeting, where one is meeting a considerable measure of new individuals that one will get a kick out of the chance to connect with, this decide requests that one should just spend just a couple of moment with every individual.

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identify three of the many shared ethical standards among businesses that are incorporated in codes of ethics​
erma4kov [3.2K]
Social responsibility, fair pricing and truth in advertising.
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3 years ago
Being able to ________ is a key benefit for those who study management. Multiple Choice relate to their managers and deal with o
Arlecino [84]

Answer:

relate to their managers and deal with organizations from the outside

Explanation:

When you study management, you will understand the type of strategic planning that the company could implement along with the way the manager have to enforce the plan.

By having this information, you can have better understanding on what the managers want from you and act accordingly in order to win their favor. This will benefit you greatly if you want to rise in the corporate rank.

On top of that, knowledge in management also grant you with the ability to predict the plan of your competitors' management team. You can adjust your plan to counter this plan and win the competition in the market.

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3 years ago
"distinguish between an absolute advantage and a comparative advantage. cite an example of a country that has an absolute advant
xxTIMURxx [149]

Answer:

Distinguish between an absolute advantage and a comparative advantage is discussed below.

Explanation:

Absolute advantage and a comparative advantage

  • Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
  • Trading judgments based on comparative advantage between nations are forever respectively advantageous.

5 0
3 years ago
Your firm (an Australian firm) makes a sale to a Japanese customer.  The sale price is 200 million Japanese Yen payable in exact
charle [14.2K]

Answer:

An Australian Firm Selling to a Japanese Customer

a) Direct Quote of the Exchange Rate between Australian Dollar and Japanese Yen:

A$ 1 = ¥90

Meaning 1 Australian Dollar = 90 Japanese Yen.

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90

b)Theoretical Current Forward Exchange Rate, quoted in terms of JPY/AUD for delivery in three months:

= Spot Rate x (1 + Japanese Interest Rate) / (1 + Australian Interest Rate) x 360/90

= ¥90 x (1 +0.005) / (1 +0.03) x 360/90 = ¥90 x 1.005/1.03 x 360/90

= ¥351.26214 =A$1

c) The Australian firm can take advantage of any decreases in the exchange rate and also ensure that it receives at least Australian $2 million by entering into a Currency Forwards Contract.

d) If the spot exchange rate in 3 month's time is:

(i) AUD/JPY=150, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the gain of:

Forward Exchange outcome in Australian Dollars = ¥200 million/ ¥150 =

A$ 1,333,333.33333

Hedging outcome minus Forward Exchange outcome

A$2 million - A$ 1,333,333.33333 = A$666,666.66667

(ii) AUD/JPY = 50, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the loss of:

Forward  Exchange outcome =  in Australian Dollars = ¥200 million/ ¥50 =

A$4 million

Hedging outcome minus Forward Exchange outcome

A$2 million - $4 million = -A$2million

Explanation:

a) Currency forwards contracts and future contracts are used to hedge the currency risk. For example, a company expecting to receive  ¥200 million in 90 days, can enter into a forward contract to deliver the  ¥200 million and receive equivalent Australian dollars in 90 days at an exchange rate specified today.

b) If A$ 1 = ¥90

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90 in Australian Dollars.

5 0
4 years ago
One of Justin's largest international customers is Alpine Airwaves in Switzerland. He got a call from his contact at Alpine Airw
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Answer:

Justin's company should prepare to demonstrate that it is ISO 14001 compliant.

This means that it is following the environmental management standards for environmental footprint and waste reduction, while promoting environmental sustainability in its operations.

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ISO 14001 is one of the environmental management standards, prescribed by the International Organization for Standardization (ISO), "to help reduce environmental impacts, reduce waste, and make the environment more sustainable," according to the ISO website.  ISO 14001 specifies requirements for an effective environmental management system (EMS) by providing a follow-able framework.

3 0
3 years ago
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