Network Inc, a British software company, is setting up a new firm in India. Nathan, the manager, has arranged a training program
where all the employees will be taught two Indian languages and will be introduced to Indian customs, values, and attitudes. This training program is an attempt to bridge the gap in _____ differences.
Answer: This training program is an attempt to bridge the gap in adopting technical knowledge, language barriers and sharing best practice ideas of differences.
Explanation:
In this case, Manager Mr. Nathan has attempted to impart the training schedule for all employees working in the Network Inc. India is the land of diversified cultures and languages. By training the employees to learn the traditional values of the Indian countries. Languages actually reflect the ethics and social behavior originating from beliefs starting from the ancient civilizations of India.
The trainees will get an advantage to forgo the difference of gap in knowing technical expertise. The old ideas in any two Indian languages can teach some business tactics and can share the minute observation which can present in the business objectives. At the same time, the proof of linguistics basics can also be shared by learning old Indian Languages like Tamil and Sanskrit.
To begin with, the contracts inside the law are regulated by the Anglo-America common law that defines a contract as the agreement between two or more parties in which they establish the basis and principles of the agreement and the clauses that could cause to end the contract. Moreover, a contract is also part of the civil law and therefore that it does not implicate the public as a whole in any way due to the fact that in order to be a correct contract the parties must accept the bond between only them and nobody else.
Diseconomies of scale is a situation that comes up due to the growth of a business which leads to increase in cost per unit. It is the cost disadvantage a business accrue as a result of increase in output leading to increase in cost per unit in the production of goods and services. When diseconomies of scale occur, as output rises unit cost falls.
The correct answer is forward integration. Forward
integration is being defined as a business strategy by which it is associated
with the vertical integration of where business activities are being expanded
by means of including the control of the direct distribution or the supply of
the products of the company.
