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cestrela7 [59]
4 years ago
13

Although china has a strong appreciation for tradition and its rich history of​ culture, it highly values enduring relationships

and​ connections, referred to as guanxi in the video. It is also willing to exert patience in business deals and take time during​ negotiations, which demonstrates that china has​ a(n) ________.
a. ​low-context culture
b. Environmental sensitivity
c. ​short-term orientation
d. ​long-term orientation
e. Low uncertainty avoidance
Business
2 answers:
ruslelena [56]4 years ago
8 0

Correct answer is D, Long Term Orientation.

Chinese people are strongly bounded by their culture. They highly value the long term relationships and connections. They also exert patience in conducting their businesses. They take good time to patiently do the negotiations while making the deals with others.

All such qualities in the Chinese lead to the fact that they want long lasting relationships and connections with the partners in business. This is called as Guanxi.

HACTEHA [7]4 years ago
3 0

The answer is: d. long-term orientation

"Guanxi" means "connection" or "networking" and is a long business tradition in the Chinese culture. It involves trust. Because personal and mutual trust is built in time, this demonstrates that China has a long-term orientation.

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A private university is made up of various "schools," such as the School of Journalism, the School of Business, the School of La
Oxana [17]

Answer:

The correct answer is D

Explanation:

SBU stands for Strategic business unit , it is a profit center whose focus is on the product offering and the market segment. It is usually have a marketing plan which is discrete, marketing campaign and analysis of competition, though it is a part of larger business entity.

So, the private university facing financial problems, they decided to become a profit center. Therefore, this scheme is parallel to SBU which is Strategic business unit.

6 0
3 years ago
Project managers should wait to give feedback to the project team and team members until the project has been completed. Giving
xeze [42]

Answer:

False

Explanation:

Employees are so eager to learn about a potential raise that they tend to tune out constructive feedback. This action will help the whole team to fix their backwards at once and in time to have a better rusult rather than waiting unitl e project has been completed. At that time, it is too late for improvements.

5 0
4 years ago
When preparing a journal entry for a transaction that affects retained earnings, the "Retained Earnings" account should not be d
yarga [219]

Answer:

True

Explanation:

Retained earnings are the net earnings of an entity accumulated over time after payment of dividend. It is that part of earnings that is retain for expansion by the entity.

Generally, retained earnings are not changed by direct posting except it is prior year adjustment. in some entities, the amount that is transferred to retained earnings is system generated. Most transactions that affect retained earnings are debited or credited to account which ultimately affects retained earnings

4 0
4 years ago
An investment project provides cash inflows of $600 per year for eight years.
I am Lyosha [343]

Answer:

(i) 2.71 years

(ii) 5.38 years

(iii) Never or 0

Explanation:

1. Payback period:

= Initial cost ÷ cash inflows

= 1625 ÷ 600

= 2.71 years(Approx).

2. Payback period:

= Initial cost ÷ cash inflows

= 3225 ÷ 600

= 5.38 years(Approx).

3. The payback period for an initial cost of $5,100 is a little trickier.

Notice that the total cash inflows after eight years will be:

= 8 × $600

= $4,800

Payback period

= Initial cost ÷ cash inflows

= 5100 ÷ 600

= 8.5

This answer does not make sense since the cash flows stop after eight years, so again, we must conclude the payback period is never.

7 0
4 years ago
Which of the following metrics represents the frequency of inventory replacement? Multiple Choice Inventory cycle time Customer
Rom4ik [11]

Answer:

The correct answer is Inventory turnover.

Explanation:

It is an accounting quantity that aggregates all the income that a company or accounting unit has had, due to its ordinary activity, in a given period of time.

Revenues are accounted for when they are made independently of the monetary flow, that is, the moment of payment is not taken into account. In addition, the volume of sales or business is increased as the activity grows on the part of the company and not when monetary contributions are produced by the partners.

8 0
3 years ago
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