Answer:
FALSE
Explanation:
Conducting business is usually NOT the same from country to country because:
1. DIFFERENCE IN BUSINESS ETHICS: Business ethics vary from nation to nation. European countries work from 8 am to 5 pm on a typical work day and rest on Saturdays and Sundays; but in the middle East, people do not work on Fridays but work on Sundays. They also take a lot of business time off for routine prayers during normal work hours.
2. NEED FOR TRANSLATORS: Differences of language does increase the cost of carrying out business activities in other nations. Take India and China for example; You cannot conclude that business deals will be carried out without hiring a translator who understands Hindi or Mandarin.
3. LOCAL LAWS AND CUSTOMS: The UK customs and laws require that cars be driven on the left hand side of the road but that is not the same in most other countries of the world, hence a U.S car manufacturer must be aware of the costs of redesign if he has to sell cars in the U.K.
The use oftrade controls to reduce foreign competition in order to protect domestic industries.
Hope this helps! :)
Answer:
The difference between your assets and your liabilities is known as either your profit or loss.
Answer:
The correct answer is letter "B": False.
Explanation:
The controlling function of management is characterized by having managers supervise employees on the progress of their tasks to find out if they are meeting the expectations the company has from them and to verify if they are reaching the objectives the firm hired them for. It has nothing to do with the fact of seeking and recruiting the best prospective employees for the job positions necessary in the organization.
