1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ArbitrLikvidat [17]
3 years ago
15

Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials t

o expedite overseas shipments. It has decided to open a plant in the United States, and has determined that it would not offer any facilitating payments to U.S. officials. Shangrilah's behavior illustrates the straw man approach of
a. the righteous moralist
b. cultural relativism
c. ethnocentrism
d. just distribution
e. cultural convergence
Business
1 answer:
julia-pushkina [17]3 years ago
4 0

Answer:

b. cultural relativism

Explanation:

Cultural relativism refers to the ideology that what applies to current situation do not necessarily apply to another situation also.

As in the given instance the Shangrilah Sandals make grease payments in their own country as it is a developing country, but do not practice the same in another country called US as it is a developed country.

As the income of people in that country is high they do not believe in taking or accepting grease payments.

Thus, the correct option is:

b. cultural relativism

You might be interested in
The cost C and the revenue R for a brokerage firm depend on the number T of transactions executed. (Both C and R are measured in
marusya05 [52]

Answer:

C(T) = $730 + $25T

R(T) = $35T

T = 193 transactions

Explanation:

Given that:

C = cost ; R = revenue ; T = number of transactions

Amount paid per transaction = $25

Cost keeping office open = $730

Amount collected on each transaction = $35

(a) Find a formula that gives C as a function of T.

C(T) = Cost of keeping office open + (cost per transaction × number of transactions)

C(T) = $730 + $25T

(b) Find a formula that gives R as a function of T.

R(T) = (Amount collected per transaction * number of transactions)

R(T) = $35T

(c) Find the number of daily transactions that are needed to make the revenue $1200 more than the cost.

R = C + 1200

Substitute the value of R and C into the equation:

35T = 730 + 25T + 1200

35T - 25T = 730 + 1200

10T = 1930

T = 1930 / 10

T = 193 transactions

6 0
4 years ago
Portfolio diversification eliminates: Multiple Choice all investment risk. the portfolio risk premium. market risk. unsystematic
kaheart [24]

Answer:

Unsystematic risk

Explanation:

<em>The portfolio theory posits that the total risk on a collection of assets (i,e a portfolio) can be reduced by spreading the invested fund into different assets that are uncorrelated.</em>

<em>According to this model, the total risk on a portfolio is divided into systematic and unsystematic risks. The theory assumed by diversification, the unsystematic risk associated with a portfolio is eliminated.</em>

Unsystematic risk essentially are those unique individual assets for example. if we invest in company stock, risk associated with factors like bad management , law suit against a company, defect in company;s products are example of unique or systematic risks

7 0
4 years ago
If Roten Rooters, Inc., has an equity multiplier of 1.27, total asset turnover of 2.10, and a profit margin of 6.1 percent, what
alexira [117]

Answer:

16.27%

Explanation:

Given that,

Equity multiplier = 1.27

Total asset turnover = 2.10

Profit margin = 6.1 percent

Here, the return on equity is calculated by multiplying profit margin, asset turnover and equity multiplier.

Return On Equity:

= (Profit margin) × (Asset turnover) × (Equity multiplier)

= (0.061) × (2.10) × (1.27)

= 0.1627

= 16.27%

8 0
4 years ago
On July 1, 2021, Markwell Company acquired equipment. Markwell paid $175,000 in cash on July 1, 2021, and signed a $700,000 noni
MAVERICK [17]

Answer: b) $841,666.

Explanation:

Markwell will record the equipment at the present value of the amounts spent to purchase it.

Present value of the cash paid = $175,000

Present value of the noninterest-bearing note after a year = 700,000/(1 + 5%)

= $666,667

Total = 175,000 + 666,667

= $841,667

As per the options;

= $841,666

8 0
3 years ago
Annual Worth and Capital Recovery Calculations U S. Steel is considering a plant expansion to produce austenitic, precipitation
Anna007 [38]

Answer:

$5,601,632

Explanation:

we must first calculate the present value of the required investments and the annual costs:

initial investment = $13,000,000 + $10,000,000/1.1 = $22,090,909

annual costs = $1,200,000 x 5.0188 (PV annuity factor, 15%, 10 periods) = $6,022,560

present value of initial investment + annual costs = $28,113,469

we must calculate an annuity that has a present value = $28,113,469 with a 15% discount rate and 10 years:

annuity = $28,113,469 / 5.0188 = $5,601,631.67 ≈ $5,601,632

7 0
3 years ago
Other questions:
  • Mr. Fulgham cites Singapore as a model city in the use of their water resources. Which of the five forces does this "four tap" p
    5·1 answer
  • As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material for a bracket that is made up
    5·1 answer
  • Cameron has a small graphics design business that specializes in customizing social websites. The business is growing; however,
    15·1 answer
  • If management identifies even one material weakness in internal control, then management will conclude that the organization’s i
    9·1 answer
  • Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
    7·1 answer
  • The St. Louis Symphony is an example of what type of organizational customer? A. Government B. Wholesaler C. Intermediary D. Res
    8·1 answer
  • These lists provide information about two jobs. Which statement best compares the two jobs? Job A has a lower salary than job B,
    11·1 answer
  • Carlsberg beer has an elasticity of -0.5 and the company decided cut prices to increase the total revenues on New Year’s Eve.
    11·1 answer
  • Journalize the entry for Hot Rod Service using the following data from the payroll register: Regular earnings $16,370 Overtime e
    6·1 answer
  • How does the free-enterprise system discourage entrepreneurs who waste resources?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!