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3 years ago

Define cultural intelligenceHow important is it terms of doing business globulty

1 answer:

4 0

Cultural Intelligence can be described as the capability of a person to relate and communicate to different cultures including his own. This can be very important in terms of doing global business involving different cultures. This intelligence can be used to analyze other cultural techniques and easily relate to them.

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Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

madam [21]

The best option for her to choose is the one called Anual Compounding. With the rest of the compoundings she will have to pay more money. With a semi-annual rate she wil have to pay almost 1000 dollars more than in an anual compounding. With a quarterly period she will have to pay almost the same amount as a semi-annual period. Now with a monthly period she would have to pay almost 2000 dollars of interest.

5 0

4 years ago

1. Bart Simpson, Inc., is considering the possibility of building an additional factory that would produce a new addition to its

garri49 [273]

Answer:

Three cases are considered: First case is to construct a small factory, second is to construct a large factory and third is to do nothing.

Construct a Small Facility is the most suitable option from the business perspective which makes case 1 recommended.

Explanation:

Case 1 - Construct a small facility

Return = [P(High Demand) x Revenue in case of High Demand] + [P(Low Demand) x Revenue in case of Low Demand] - Cost of Setup

= [ 0.4 x 12 ] + [ 0.6 x 10 ] - 6 = $ 4.8 million

Case 2 - Construct a Large Facility

Return = [P(High Demand) x Revenue in case of High Demand] + [P(Low Demand) x Revenue in case of Low Demand] - Cost of Setup

= [0.4 x 14] + [0.6 x 10] - 9 = $ 2.6 million

Case 3 - Do Nothing

Return = 0

6 0

3 years ago

A health club currently charges its 1700 clients monthly membership dues of $ 45. The board of directors decides to increase the

Sedaia [141]

Answer:

$135

Explanation:

Given:

Total clients = 1700

Membership dues = $45

Increase in monthly dues = $1

Loss of clients per dollar increase = 7 clients

Thus,

let x be the number of dollar increases

therefore,

clients lost will be 7x

so the revenue function will be

f(x) = charges × Number of clients

f(x) = ( 45 + x ) × ( 1700 - 7x )

f(x) = 90000 - 315x + 1700x - 7x²

f(x) = 90000 + 1385x - 7x²

now,

for point of maxima or minima

differentiating with respect to x, we get

f'(x) = 0 + 1385 - 14x = 0

14x = 1385

x = 98.92 ≈ 98

thus,

to optimize the revenue from monthly dues the club should charge

( $45 + $90 ) = $135

5 0

3 years ago

Financial reports provide information that can reduce investors' uncertainty about the company's opportunities and risks, thereb

Lera25 [3.4K]

Answer:

False

Explanation:

The given statement is false Financial reports does not provide information that can reduce investors uncertainty about the company's opportunities and risks, thereby raising the company's cost of capital.

Financial report of a company contains balance sheet, income statement and discussion of the management. It also indicate company's financial health and earning potential. But it cannot reduce the risk of investors uncertainty.

4 0

3 years ago

Pierre left a message on Shayna’s voicemail stating, “Hey Shayna. Regarding that painting we talked about. I changed my mind and

zysi [14]

<u>The contract between Pierre and Shayna is not a valid contract due to the lack of acceptance from Shayna. </u>

Further Explanation:

Contract:

A legally enforced agreement is considered a contract. An agreement is a promise between two parties to perform tasks for each other for some consideration. When an agreement becomes legally enforced, then it is considered as a contract. So the contract is a legally enforced promise between two parties for considerations. Both parties should get consideration and have a performance obligation.

Following factors are required for the contract:

Offer: A person should offer some consideration to another person for performing any activity or in the exchange of goods.

Acceptance of offer: The other person should accept the offer made by the first person.

Valuable consideration: There should be valuable consideration for both the parties.

Mutual obligation: Parties should promise to execute their obligated activities.

The performance capacity of the parties: Parties should be capable of performing the contract.

Legally enforcement: The contracts should be legally enforced.

These are the basic elements of a contract. If any contracts lack any of the given factors, then it will not be considered as a valid contract.

The contract between Pierre and Shayna:

In the current case, Pierre makes an offer to sell the painting to Shayna. Pierre leaves a message in the voicemail of Shayna, stating that if Shayna does not contact Pierre within one hour, then Pierre would consider that the Shayna wants to purchase the painting.

It is not a valid contract as it lacks the acceptance of the offer from Shayna.

Pierre enters the contract to sell the painting without considering the acceptance of the offer by Shayna. Pierre puts a condition that if she does not receive any revert from Shayna within one hour, then she would consider that Shayna has accepted the offer. For a valid contract, the promisee should accept the offer but the condition of acceptance (revert within one hour) does not state for the acceptance of Shayna. So, it will not be considered a valid contract.

<u>Thus, the contract between Pierre and Shayna is not a valid contract due to non-acceptence. </u>

Learn more:

1. Learn more about the cash deficiency

brainly.com/question/12981857

2. Learn more about the span of control

brainly.com/question/12986822

3. Learn more about the sales budget

brainly.com/question/12985585

Answer details:

Grade: Senior School

Subject: Business Law

Chapter: Contract Act

Keywords: Pierre, message, Shayna, voicemail, painting, mind, sell, steal, people, ASAP, hear, within an hour, not a valid contract, purchase a painting, lack of a(n), contract act, agreement, law, business law, promise, valid contract.

7 0

3 years ago