Market Niches <span>are small segments within a market that can offer profit potential to entrepreneurs who know how to serve them.</span>
One way to more effectively prevent failure of the expatriate assignment is to- Prepare expatriates and their families for assignments
Traditionally, expatriate assignments occurred when a multinational hired an employee and assigned him to work abroad for one of three reasons: to support a foreign affiliate, as a broadening assignment, or to serve as a "foreign correspondent" performing tasks overseas for the benefit of the home-country employer. However, multinational corporations are increasingly seeing traditional expatriate assignments as ineffective.
A business expatriate is an employee who was originally hired and worked for a multinational in one country and is now reassigned to work temporarily abroad in a new overseas location. At the end of a business assignment, an expatriate always expects to return home—to be "repatriated." A business expatriate is a "permanent transferee" who has no intention of returning home.
Learn more about expatriate assignments here:
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Answer:
3.14%
Explanation:
FV = PV(1+r/100)^n
FV= $36,420, PV= $31,208, r=? n= 5
36420 = 31208 * (1+r/100)^5
We divide both side by "31,208^5" to make r in (1+r/100) subject of formula
(36420/31208)^(1/5) = (1+r/100)
(1+r/100) = (36420/31208)^(1/5)
(1+r/100)=1.0314
r=1.0314-1
r=0.0314
r=3.14%
The conclusion is that 3.14% is the annual increase in the selling price over this period of 5 years
What Octavia should do is send a quick reply explaining that she needs more time to consider the question. Say the customer is asking asking something really complicated, the receiver will might need more time to answer than an easier question.