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Slav-nsk [51]
3 years ago
11

Discuss the role of reverse culture shock in the repatriation process. What can companies do to avoid this problem? What kinds o

f skills do managers learn from a foreign assignment, and how can the company benefit from them? What is the role of repatriation in the company’s global competitive situation?
Business
1 answer:
Artist 52 [7]3 years ago
5 0

Answer:

(a)

Companies can resort to the bellow measure to avoid reverse shock situation.

1 Mentoring Program: For the repatriate to manage the climatic and cultural differences between the two organisations.

2 Adjustment time: This should be given in sufficiency so as to adjust to the different culture.

3 Feed-back System: This must be proper and effective so as to get details about acculturation and enculturation process carried out by the repatriate.

(b)

The skills that the managers could gain from a foreign assignment are:

1. More ability to cope with wide range of people.

2. Learning adjustment in a different culture and climate.

3. Ambiguity tolerance increases

4. Empathy ability increases

5. Improvement in communication skills

Due to the acquisition of such skills by the employees and managers, an organisation is able to build a global management cadre for itself.

(c)

Repatriation is the process of bringing back an expatriate to the home country.

1. It helps the organisations to get a competitive edge globally.

2. After repatriation, a globally competitive team is developed.

3. Organisation could incorporate the various skills gained by a repatriate during the international assignment.

4. This process helps the company to retain employees.

Explanation:

Reverse culture shock is the situation experienced by the repatriates due to minor or major changes occurred in the organisational climate and culture during the time of their international assignment. Most of the repatriates feel this due to the differences in the culture between the home and the host country organisation.

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A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 350
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Answer:

Ending inventory= $494

Explanation:

Giving the following information:

On January 26, the company sells 350 units. 150 units remain in ending inventory on January 31.

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Ending inventory= 100*3.34 + 50*3.2= $494

6 0
3 years ago
From the following information, construct a simple income statement and a balance sheet:
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Answer and Explanation:

The Preparation of the simple income statement and a balance sheet is shown below:-

                                   Corporation X

                                  Income Statement

                                 for the Year Ended xxxx

Particulars                                        Amount

Sales                                                $1,000,000

Less: Cost of goods sold               $500,000

Gross profit                                      $500,000

Less: Other expenses                     $60,000

EBIT                                                  $440,000

Less: Interest                                   $70,000

EBT                                                   $370,000

Less: Income tax                              $100,000

Net income                                       $270,000

Number of shares outstanding       $80,000

Earning per share                             $3.375

(Net income ÷ Number of shares outstanding)

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                                 for the Year Ended xxxx

Particulars                                        Amount

Assets

Cash                                                $70,000

Accounts Receivable                     $150,000

Inventory

Raw Material                                   $80,000

Finished Goods                              $250,000

Total Current Assets                      $550,000

Plant & Equipment                          $410,000

Total Assets                                    $960,000

Liabilities

Accounts Payable                          $160,000

Other Current Liabilities                 $60,000

Total Current Liabilities                  $220,000

Long term Debt                              $200,000

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Total Liabilities & Equity                 $960,000

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7 0
2 years ago
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