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Nezavi [6.7K]
4 years ago
13

Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to ex

pedite government formalities. However, in countries where such payments are considered as unethical, the company restricts its managers from indulging in such activities. This behavior of the company illustrates the straw man approach of
Business
1 answer:
Goryan [66]4 years ago
6 0

Answer:

Cultural Relativism

Explanation:

Cultural relativism basically implies that other people's values, norms and morals should be understood and respected, rather than judged, usually from the viewpoint of another culture, as the saying goes when in Rome, act like the Romans.

Therefore, Three Torque Inc. has demonstrated Cultural Relativism in deciding to respect the ethics of countries that prohibit facilitating payments.

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In general, which type of marketing do you think is most effective for events: push or pull marketing? If you were an event mark
Oksi-84 [34.3K]

Push marketing strategies in a way force the potential customer to consume by generating a need that previously did not exist through strategies such as great deals or discounts, bombastic advertisements, etc.

In turn, the pull marketing strategies seek to attract customers in a smoother way, that is, by convincing consumers about the essential characteristics of the product through medium and long-term transformations, such as changes in packaging.

Therefore, push strategies serve to generate consumption in the short term, while pull strategies serve to generate consumption in the medium and long term.

Learn more about marketing in brainly.com/question/14008832

5 0
2 years ago
A form of open innovation is ______, in which companies ask for opinions from a large and relatively undefined group of people o
Pavlova-9 [17]

Answer: Crowdsourcing.

Explanation:

A way of obtaining information or ideas from a large number of individuals for problem solving is Crowdsourcing. Crowdsourcing involves sourcing for information, ideas or resources from a large variety of users over the internet. In Crowdsourcing, various individuals team up to solving a common challenge.

5 0
3 years ago
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that _
liubo4ka [24]

Answer:

P = Average Total Cost

Explanation:

Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.

3 0
3 years ago
Under normal costing, the actual manufacturing overhead costs incurred during the period are added to the work in process accoun
fenix001 [56]
I will assume this is a true or false question. The answer is false. 
In the normal costing, the current prices in the market are being used for a direct materials and labor. The overhead rate is only estimated. It uses the estimates of the labor and the material as also the overhead. 

3 0
3 years ago
* Distinguish between Accounts Receivable and<br> Account Payable.
geniusboy [140]

Explanation:

Accounts receivable is money owed to a company by its debtors.

Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.

6 0
3 years ago
Read 2 more answers
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