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nadezda [96]
3 years ago
9

The distinctive culture of Wengiston has been losing its predominance among the citizens of the country. This is due to the fact

that the people of Wengiston are extensively adopting certain universally accepted values and norms.
This behavior of the people in Wengiston demonstrates:
A. ethnocentrism.

B. the convergence hypothesis.

C. egocentrism.

D. Confucian dynamism.

E. social mobility.
Business
1 answer:
Nutka1998 [239]3 years ago
7 0

Answer:

The correct answer is B. the convergence hypothesis.

Explanation:

The convergence hypothesis means that countries with lower levels of GDP per capita tend to grow faster than those with higher levels of GDP per capita, which implies that over time the levels of GDP per capita tend to equalize. . The opinions and results of many investigations differ from each other, but many economists argue that convergence is not always verified, but that in many cases "conditional convergence" is verified. Conditional convergence means that convergence is verified for groups of countries that have certain common characteristics.

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Which of the following is responsible for conducting an independent
Airida [17]

Answer:

-Auditor

Explanation:

The auditor is responsible for conducting an independent examination of the financial statements and records of the company. he or she checks whether the company follows the accounting principles, norms, etc as prescribed and according to that he or she give the qualified or unqualified report

Therefore as per the given situation, the option a is correct

3 0
2 years ago
You want to invest $50,000 in a portfolio with a beta of no more than 1.4 and an expected return of 12.4%. Bay Corp. has a beta
IRISSAK [1]

Answer:

Assume the weight to be invested in Bay Corp is x. That means (1 - x) will be the weight for City Inc. The expression for the expected return will be;

(x * 11.2%) + ( (1 - x) * 14.8%) = 12.4%

0.112x + 0.148 - 0.148x = 0.124

-0.036x = -0.024

x = 0.67

Portfolio beta is;

= 0.67 * 1.2 + ( 1 - 0.67) * 1.8

= 1.398 so beta condition is satisfied.

Amount in Bay Corp.;

= 0.67 * 50,000

= $33,500

Amount in City Inc.;

= 50,000 - 33,500

= $16,500

8 0
3 years ago
If a firm experiences productivity gains from employee specialization, its marginal cost_________.
postnew [5]

Answer:

correct option is C. decreases at a decreasing rate.

Explanation:

solution

when an organization gain productivity than its marginal cost will be decreases at a decreasing rate  

as here when initial specialization of employee is lead to an significant reduction in the marginal costs though the more specialized people get

and less additional amount is save due to the  specialization

so here correct option is C. decreases at a decreasing rate.

4 0
3 years ago
Diversity in work groups can create conflict, so managers should try to minimize diversity when assigning people to teams.T/F
Ostrovityanka [42]

The given statement is False.

Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.

Explanation:

Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.

People can be considered diverse on the basis of

  • Ethnicity
  • Race
  • Gender
  • Age
  • Physical Abilities
  • Cultures
  • Status
  • Religion
  • Political beliefs, etc.

So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.

Learn more about diversities at:

brainly.com/question/11427393

brainly.com/question/1446827

#LearnWithBrainly

7 0
3 years ago
Risk is a necessary ‘evil’ evil’, support this assessment and give advice risk
butalik [34]

For a high-risk investment, managers require a high reward.

5 0
3 years ago
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