1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sukhopar [10]
3 years ago
6

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

t life insurance policies are viewed with a negative attitude in Spain. People are averse to profiting from someone else's death, and hence the company failed to reach its sales target. In this scenario, RL Inc. experienced:
A) economic risk.
B) legal risk.
C) cultural misunderstanding.
D) political uncertainty.
Business
1 answer:
Hoochie [10]3 years ago
4 0

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.

You might be interested in
When BBG Inc. was preparing to roll out a new performance management system, Kayla, the human resource executive, insisted that
Vedmedyk [2.9K]

Answer:

If workers see productivity assessments as reasonable, they are more likely to follow the suggestions, in plain words. There seems to be a book called 'the 4 execution styles' in which the writer discusses the significance of indicators in team results. Keeping in consideration the measures help us to evaluate and respond to the institution's demanded goals.

 

4 0
4 years ago
Suppose that in a competitive market without government regulations, the equilibrium price of a hamburger is $7 each.
Norma-Jean [14]

Answer:

Price Ceiling regulations prohibit the price of a good or service from being higher than a set price known as the Price Ceiling.

Price Floor regulations prohibit the price of a good or service from being lower than a set price known as the Price floor.

When either  Price Ceiling or Floor is said to be nonbinding, it means that it does not affect the market/ equilibrium price of the good or service.

Binding Ceilings or Floors affect the market/ equilibrium price.

Due to new regulations, fast-food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so.  <u>BINDING PRICE CEILING.</u>

The Fast-food restaurants cannot pay above a certain amount which makes this a Price Ceiling. It is binding because the Market wants to pay higher wages to hire more people but cannot therefore the price ceiling is having an effect on the equilibrium price.

The government prohibits fast-food restaurants from selling hamburgers for more that $5 each.<u> BINDING PRICE CEILING.</u>

Fast-food restaurants are not allowed to sell above the set price of $5 which makes this a price ceiling. It is Binding because the equilibrium price is $7 which means that fast-food restaurants are forced to sell below the equilibrium price therefore this Price ceiling affects the equilibrium price.

4 0
3 years ago
Read 2 more answers
Akira​ Takano, a marketing​ manager, is about to test the hypothesis that the sale of a particular product will increase exponen
Vesna [10]

Answer:

The correct answer is (a)

Explanation:

Akira Takano is trying to examine the cause and effect relationship by doping the price of a particular product to see how people respond to a price change. To examine the cause and effect relationship Akira Takano has employed causal research.  Casual research is based on conducting exploratory research to analyse cause and effect relationship.

7 0
3 years ago
Read 2 more answers
What are you doing when you make a decision at the margin?
NISA [10]

your ANSWER should be “B.”

MARK ME BRAINLIEST!!!!

5 0
3 years ago
Jack and jill have just had their first child. if college is expected to cost ​$180 comma 000180,000 per year in 1818 ​years, ho
oksano4ka [1.4K]
Given:
tuition: 180,000 per year
period to save: 18 years
annual rate of return : 6%

FV = PV * (1+r)^t
180,000 = PV * (1 + 0.06)¹⁸
180,000 = PV * (1.06)¹⁸
PV = 180,000 / (1.06)¹⁸ = 180,000 / 2.854 = 63,069.38

Jack and Jill will have to invest 63,069.38 in the first year to have a total of 180,000 after 18 years. 

Using Future Value Annuity formula:

FV of Annuity = P [{(1+r)^n - 1} / r]

180,000 = P [{(1.06)¹⁸ - 1} / 0.06]
180,000 = P (30.906)
P = 180,000 / 30.906
P = 5,824.11

Jack and Jill will have to deposit 5,824.11 every end of the year for the total to reach 180,000 after 18 years.
8 0
3 years ago
Other questions:
  • Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $ 40
    8·1 answer
  • The main purpose of all criticism is to _______.
    6·1 answer
  • Kaelyn's mother, Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins f
    10·1 answer
  • Cohesion case Consider the types of hardware and software your business requires. You should consider the following: computers,
    5·2 answers
  • Aneta sold an apartment building for $713,470 in 2019. She purchased the building in 2013 for $600,000 and has taken $151,806 in
    14·1 answer
  • What is the risk you are taking when investing in bonds? How can you minimize this risk?
    12·1 answer
  • How education is medium to enhance the ability of human beings?​
    14·1 answer
  • Cornerstone Exercise 5.2 (Algorithmic) Job Costs Using a Plantwide Overhead Rate Naranjo Company designs industrial prototypes f
    12·1 answer
  • outstanding checkable deposits of $125,000 and excess reserves of $12,000. If the reserve requirement is 20 percent, what are ac
    8·1 answer
  • Tabitha just had a conversation with her boss in which he told her that there would be some future layoffs due to budget cuts. T
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!