Answer:
The employess of the company would have discovered this cultural difference during a documentary training session.
Explanation:
In Cross-cultural training, there is commonly a documentary session after the field experience. In this documentary session, instruction material related to the cultural background is given to learners and foster their field experience. Cultural differences are understood in a documentary session when the learners compare their previous knowledge and experience about the new culture as also comparing with their culture.
Answer:
A B
A concentration ratio is used to measure... market dominance
Percentage of total industry output accounted for by the largest firms in the industry is termed... the concentration ratio
The sum of the squared market shares of each firm in an industry is termed ... the Herfindahl-Herschman Index
Explanation:
Answer:
A company agrees to pay more to build a plant in order to be able to change the plant's inputs and/or outputs at a later date if conditions change.
Explanation:
Real option analysis
This is simply described as a form of an analysis of capital budgeting projects. It is often used by managers so as to influence the size and riskiness of a project's cash flows. And this can be done only by taking different actions or at the end of the project's life.
It uses the usual NPV capital budgeting analysis along with an analysis of opportunities as a result of manager's responses to changing circumstances that can change a project's outcome.
Examples of Real Options
1. Investment timing
2. Abandonment/shutdown
3. Flexibility
4. Growth/expansion
Flexibility Option
This type of re option simply allows operations to be changed based on how conditions change during a project's life. It is said to exists when it is useful spending money today, which therefore helps one to maintain flexibility down the line. That is, either inputs or outputs (or both) can be altered.
The producer MAKES the product, and sells it to retailers. The consumers buy the products from the retailers.
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
