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zepelin [54]
3 years ago
13

An American company is in a joint venture with an overseas Middle East company. The U.S. managers are particular about time mana

gement and appointments for conference calls and meetings. However, their overseas Middle Eastern counterparts are not conditioned the same way and don’t necessarily adhere to schedules. This variation in time management is an aspect of their _____ environment.
Business
1 answer:
Ne4ueva [31]3 years ago
6 0

Answer:

This variation in time management is an aspect of their _cultural____ environment.

Explanation:

The working environment of countries differ.  This environment also dictates approaches to issues.  For example, this Middle Eastern company operates in a cultural environment that does not take issues with time management serious unlike the American counterpart.  The prevalent cultural environment may not be easy to overcome.  For this reason, companies engaging in international relationships should factor in this consideration of differences in culture whenever they venture outside.

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Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas
aksik [14]

Answer:

1, Nike = 18,590 / [(2,614 + 2,746) / 2] = 7 days

Adidas = 9,784.8 / [(1,580+1400)/2] = 6.57 days

2. Nike = 365 / 6.94 days = 52 days

Adidas = 365 / 6.57 days = 55 days

Explanation:

A. Accounts receivable turnover for both companies.

1. To calculate the accounts receivable turnover, start by adding the beginning and ending accounts receivable and divide it by 2

2. to calculate the average accounts receivable for the period. Take the figure in 1 above and divide it into the net credit sales for the year for the average accounts receivable turnover.

Credit sales / [(opening receivables + closing receivables) / 2]

Nike = 18,590 / [(2,614 + 2,746) / 2] = 7 days

Adidas = 9,784.8 / [(1,580+1400)/2] = 6.57 days

2. Average collection Period = 365 / Average receivables Turnover ratio

Nike = 365 / 6.94 days = 52 days

Adidas = 365 / 6.57 days = 55 days

5 0
3 years ago
Kevin analyzes the quarterly earnings statements of some fifty obscure small-cap stocks. He then buys according to the earnings
mamaluj [8]

Answer:

Semi-strong form efficiency.

Explanation:

Semi-strong form efficiency contends that security prices have factored in publicly-available market and that price changes to new equilibrium levels are reflections of that information. It is considered the most practical of all Efficient Market Hypothesis(EMH) hypotheses but is unable to explain the context for material nonpublic information (MNPI). It concludes that neither fundamental nor technical analysis can be used to achieve superior gains and suggests that only MNPI would benefit investors seeking to earn above average returns on investments.

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True or False: Suppose a firm's CFO thinks that an externality is present in a project, but that it cannot be quantified with an
GarryVolchara [31]

Answer:

False

Explanation:

Suppose a firm's CFO thinks that an externality is present in a project, but that it cannot be quantified with any precision ¾ estimates of its effect would really just be guesses. In this case, the externality should be ignored ¾ i.e., not considered at all ¾ because if it were considered it would make the analysis appear more precise than it really is. This is a false statement.

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3 years ago
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The assumption that in the absence of contrary information a business entity will continue indefinitely is the:
const2013 [10]

Answer:

(D) Going concern assumption.

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3 years ago
Blank describes the practice of products and services traded between countries around the world.
Mamont248 [21]

Global Trade

This is the exchange of goods and services across international borders - international/global trade typically represents a large portion of a country's GDP.

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