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Alla [95]
3 years ago
5

Question Number 3) Antonio, a mid-level manager at ABC Manufacturing, is negotiating supplier agreements with a Chinese firm in

Beijing. This is Antonio's first experience with a Chinese supplier. Antonio insists that all contract agreements be explicitly detailed, which is exactly the way he deals with American suppliers. Antonio believes this strategy is the best way to conduct business and is very comfortable following his own approach. Antonio can be described as adopting a(n) ________ orientation.
Business
1 answer:
Phoenix [80]3 years ago
4 0

Answer: a. ethnocentric

Explanation:

Ethnocentric orientation refers to the use of one's own culture as the yardstick by which to measure and relate to other cultures.

An ethnocentric person would relate to people from other cultures the same way they relate to people from their culture because they believe the way their culture does things is the best way.

Antonio is negotiating deals with the Chinese firm the same way he would negotiate with his fellow Americans . This means that Antonio is adopting an Ethnocentric approach.

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Jing Associates, LLC, a large law firm in Denver, is building a new office complex. To pay for the construction, Jing Associates
Alik [6]

Answer:

The security worth $5,615 today

Explanation:

Amount of Security = $6,750

Annual rate of return = 3.75%

number of years = 5 years

Future value = Present Value x ( 1 + rate of return )^number of years

Present Value = Future value / ( 1 + rate of return )^number of year

Present Value = $6,750 / ( 1 + 3.75% )^5

Present Value = $6,750 / ( 1 + 0.0375 )^5

Present Value = $6,750 / ( 1.0375 )^5

Present Value = $6,750 / 1.2021

Present Value = $5,615.17

Present Value of security is $5,615

4 0
3 years ago
Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that the euro is going to appreciate substantially ov
SCORPION-xisa [38]

Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.

<h3>What should Johnson Co. do?</h3>

The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.

They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.

Find out more on purchasing forward at brainly.com/question/14090802.

#SPJ12

5 0
2 years ago
Which of the following is one of the first things you should do when preparing to present yourself to employers?
GrogVix [38]
You did not provide a list but I feel you should dress professionally and be prepared to talk in a professional manner. I hope this helps. :)
5 0
3 years ago
Read 2 more answers
TB MC Qu. 08-156 Fortune Drilling Company acquires... Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,00
OlgaM077 [116]

Answer:

Fortune Drilling Company

Journal Entry:

Debit Depletion Expense $1,350,000

Credit Accumulated Depletion $1,350,000

To record the first year's expense.

Explanation:

a) Data and Calculations:

Acquisition cost of mineral deposit = $5,900,000

Additional costs incurred = $600,000

Total costs of mine = $6,500,000

Estimated mineral deposit = 2,000,000 tons

Estimated years of extraction = 5 years

First year's extraction quantity = 418,000

Expenses for the first year = 418,000/2,000,000 * $6,500,000

= $1,350,000

Analysis:

Depletion Expense $1,350,000 Accumulated Depletion $1,350,000

7 0
3 years ago
In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build the unit,
zloy xaker [14]

Answer:

1 $32.17

Explanation:

The computation of the minimum price the product should sold is shown below:

Min price = Production cost + period cost + overhead cost

= $21.45 + $10.725

= $32.175

The period cost and the overhead cost is the half of the total production cost and we considered the same

We simply added the production cost, period cost and the overhead cost so that the minimum price could come

6 0
3 years ago
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