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Anna35 [415]
3 years ago
9

An American office manager working in South Korea asks his subordinates to treat him as an equal. In South Korean culture there

is traditionally deference from subordinates. The office manager is experiencing a difference in _________.
Business
1 answer:
Dennis_Churaev [7]3 years ago
4 0

The office manager is experiencing a difference in hierarchical behavior

Explanation:

In South Korean culture there is a tradition of hierarchy. According to this tradition the bosses are treated as superior and the people working under him are treated as subordinates. According to the South Korean the subordinates should be given the order what they have to do. On the other hand the other countries have different rules, that is they do their work to live. In American culture they  can behave in any way they want to be.

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One measure of the extent of competition in an industry is the concentration ratio. what level of concentration indicates that a
AnnZ [28]
<span>One measure of the extent of competition in an industry is the concentration ratio. what level of concentration indicates that an industry is an​ oligopoly? Most economists believe that a​ four-firm concentration ratio of greater than 40 percent indicates that an industry is an oligopoly.

An oligopoly is a market where there is a small number of large sellers. They dominate their market but also have their own market structure where they are able to keep a lot of firms from having influence over them. </span>
5 0
3 years ago
You will receive 21 annual payments of $30,500. The first payment will be received 5 years from today and the interest rate is 5
Yakvenalex [24]

Answer:

$287,696.63

Explanation:

The computation of the value of the payments today is shown below:

Present value = Annuity × Present value of an annuity of 1

= $30,500 × 12.56362  

= $3,83,190.36

Now

Present value = Value determined above ×Present value of 1  

= $383,190.36 × 0.750793  

= $287,696.63

8 0
3 years ago
Oriole’s Electronic Repair Shop started the year with total assets of $300000 and total liabilities of $208000. During the year,
AVprozaik [17]

Answer:

$154,700

Explanation:

The computation of the change in amount is shown below

But before that first find out the ending capital balance which is

= (Total assets - total liabilities) + (revenues - expenses) - drawings

= ($300,000 - $208,000) + ($523,000 - $319,000) - $49,300

= $92,000 + $204,000 - $49,300

= $92,000 + $154,700

= $246,700

Now the change in capital balance is

= Closing balance - opening balance

= $246,700 - $92,000

= $154,700

7 0
3 years ago
A lower control limit must by definition be a value less than an upper control limit. True or false
SVEN [57.7K]

Answer:

True

Explanation:

  • The lower control limit is a limit of the quality control characteristics that describe the common cause of variations form the natural control process,  that horizontal lines that are drawn in the distance of plus and minus 3.  Found usually in the six sigma model of the quality deviation.
5 0
3 years ago
Litton Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the b
Minchanka [31]

Answer:

Overapplied overhead= $7,575

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,250,000 / 40,000

Predetermined manufacturing overhead rate= $31.25 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 31.25*4,780

Allocated MOH= $149,375

<u>Finally, the over/under allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 141,800 - 149,375

Overapplied overhead= $7,575

6 0
3 years ago
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