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2 years ago

Explain how the legal, regulatory and ethical requirements relate to the business of selling or marketing

1 answer:

6 0

<span>The scope of legal, regulatory and ethical requirements in a business consists of a range of procedures, actions and processes, which are designed to work within laws and regulations including ethical standards. These procedures are applicable to sales and marketing and the company has to ensure that these requirements are clearly understood and are up to date and truthful.</span>

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RL Inc., an American insurance company, attempted to sell life insurance in Spain. However, the company failed to understand tha

Hoochie [10]

Answer:

The correct option is C

Explanation:

A cultural misunderstanding occurs when something like a word, gesture, social context, object has different meaning in two cultures. sometimes the misunderstandings get resolved, sometimes it leads nowhere and other times it can escalate to anything from love to war.

So here RL Inc. misunderstood spain's culture with american culture and it lead nowhere for them.

4 0

2 years ago

we are evaluating a project that costs $848,000, has an eight-year life, and has no salvage value. assume that depreciation is s

alukav5142 [94]

A project's susceptibility to undesirable fluctuations in the value of the underlying factors, such as the sales price, sales units, its indirect cost, and other variables, is assessed using sensitivity analysis.

<h3>Sensitivity analysis: What is it?</h3>

According to a specific set of assumptions, sensitivity analysis evaluates how various values of an exogenous variables impact a specific dependent variable. In other words, analyses look at how different types of ambiguity in a mathematical formula affect the overall level of uncertainty in the model.

<h3>Briefing:</h3>

Project has an eight-year lifespan, costs $848,000, and has no residual value. Over the course of the project's life, depreciation decreases linearly to zero.

Depreciation = $848,000 / 8 = $106,000

Contribution margin per unit = selling price - variable cost per unit

= 40 - 20 = $20 per unit

Accounting break-even point = (Fixed costs + Depreciation) / Contribution per unit

= (625,000 + 106,000) / 20

= 36,550 units

To know more about Sensitivity analysis visit:

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8 0

11 months ago

A cheque of Rs 4500 received from yogesh and deposited into bank. Required: Journal Entry

olga nikolaevna [1]

Answer:

See below

Explanation:

This transaction will affect the bank balance by increasing it with the check amount. The bank is cash (asset ) held in the bank. An increase in assets account is a debit. The bank A/c will be debited.

The check is received from Yogesh. Yogesh must have bought goods on credit and hence is an account receivable (asset). Since Yogesh has paid, his account decrease by the check amount. A decrease in assets is credited.

The journal entry will be

Bank A/c DR. Rs 4500

Yogesh A/c Cr. Rs 4500

3 0

2 years ago

Customers who actively trade their listed stock portfolios should have a strong understanding of:________.

Papessa [141]

Answer:

Timing Risk

Explanation:

Timing risk is a type of investment risks that a trade will not be performed at the best market price.

5 0

3 years ago

Hideki owns land with a huge number of trees on it. In order to protect the land, Hideki would like to remove some of the trees,

dybincka [34]

Answer:

B, A profit

Explanation:

Since HIdeki is giving out the trees to Ekaterina for free, it means that Ekaterina has a lot of profit already because he/she got the trees as a gift and did not need to purchase them thus saving him/her a lot of capital.

The money Ekaterina must have had in mind to purchase raw materials(trees) for the businees before being giftef 250 tress can go into another investment or expansion of the carving business.

Cheers.

8 0

3 years ago