Answer: Myopic
Explanation:
The participants in the high treatment group were the myopic investors – blindsided by temporary losses, they were unable to look at the longer horizon and unable to figure out the better choice. Similarly in the stock market, equities are inherently more volatile, it would be more beneficial both financially and psychologically to look at them with a longer time horizon. frame investing as a long-term activity where you check your portfolio quarterly or semi-annually instead of daily or weekly, and investing with a time horizon of at least three years. Doing so would help you avoid unnecessary pain or making rash decisions. Additionally, instead of evaluating your stocks individually, look at them as an overall portfolio and diversify your portfolio such that you would be more protected in times of unfavourable and volatile conditions.
With reference to Hofstede's framework, the USA is one of the most individualistic countries. Thus, he adopts Hofstede's framework plan in order to better motivate employees in the US.
<h3>Description of
Hofstede's framework</h3>
As the business world becomes more global, employees will likely face someone from another country at some point in their careers, companies will negotiate with companies from other countries, and even employees of domestic companies will likely encounter someone from another country.
Furthermore, trends suggest that immigration, the movement of individuals from their home country to other countries, will still grow worldwide, a process that may contribute to creating companies’ Hofstede's framework increasingly diverse. Additionally, many multinational companies depend upon expatriates to run their local operations.
Hofstede's framework is a foreign employee who moves to and works in another country for an extended period of their time. All of those trends mean that in your career you're likely to encounter someone from a special culture in which the potential for cross-cultural tensions is high.
It's therefore important for any international management student to grasp culture to raise steel oneself for handling such tensions.
To learn more about Hofstede's framework refer to :
brainly.com/question/14748459
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Answer:
Sales will be equal to 8900 gallons
Explanation:
We have given hardware purchased = 8400 gallons
The store had 3200 gallons on hand at the beginning of the of march
So opening stock = 3200 gallons
And expected to have 2700 gallons at the end of march
So closing stock = 2700 gallons
So sales = purchases + opening stock - closing stock = 8400 + 3200 - 2700 = 8900 gallons
So sales will be equal to 8900 gallons
Answer:
All buyers and sellers
Explanation:
A competitive market is a market where there are lots of producers who produces goods and service hence compete with one another with a view to providing and supplying goods and services that suits the needs of consumers.
In a competitive market, there are no barriers to entry and exit. Also, there are many buyers and sellers, hence there is adequate information about the price of a product. There are also no cost attached to transactions, undifferentiated products and both buyers and sellers determines the quantity of a product produced and the price of the product.
Answer:
Global economic crimes consist of a wide range of economic offenses and include different forms of financial crimes that are committed. Examples of global economic crimes are money laundering, tax evasion, improper use of tax havens, embezzlement and bribery etc.
Global economic fraud is a sub set of global economic crime and consists of those actions that are considered as an intentional act of deception for the purpose of making financial gains. A dishonest advantage is gained through acts of global economic fraud. Examples of global economic frauds are identity fraud, banking fraud, investment fraud, and fraud by abuse of position.
Companies should be concerned about global crimes and frauds as these acts of crime and fraud may put companies in a position of disadvantage in the long run. These acts will dilute some of the value creation activities that companies are pursuing and in the long run these acts will prove detrimental to the value creation objectives of companies. Further the acts of crime and fraud increase the risk scenario in which companies operate and hence the chances of losing money increase manifold.
Companies should address the issue of fraud and crime in a tangible manner and approach to tackle them on a heads on basis. To address the issues companies should firstly recognize fraud when they first see and encounter it. For this companies will require robust fraud risk assessment framework in place. When motivations are identified beforehand then better controls will be put in place by companies, thus significantly reducing the chances of fraud and crime.
