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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

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Suppose that an income producing property is expected to yield cash flows for the owner of $150,000 in each of the next five yea
vivado [14]

Answer:

$1,449,635.50  

Explanation:

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

First the present value for 5 years is

Year Cash flows    Discount factor      Present value

1 $150,000  0.925925926 $138,888.89  

2 $150,000  0.85733882         $128,600.82  

3 $150,000  0.793832241         $119,074.84  

4 $150,000  0.735029853         $110,254.48  

5 $150,000  0.680583197          $102,087.48  

Total present value            $598,906.51  

The discount factor is

= 1 ÷ (1 + rate)^years  

And, the formula of future value is

Future value = Present value × (1 + rate)^number of years

$1,250,000 = Present value × (1 + 0.08)^5

$1,250,000 = Present value × 1.469328077

So, the present value is $850,729

Now the today value of the property is

= $598,906.51 + $850,729

= $1,449,635.50  

7 0
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Example of a debt-funding source?
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Suppose your firm invests $100,000 in a project in Italy. At the time the exchange rate is $1.25 = €1.00. One year later the exc
Marrrta [24]

Answer:

political risk.

Explanation:

political risk: This is risk or changes in government policy that adversely affect the fortune of companies operating in a country. Since Italian government expropriated the company paid only €80,000  as again €125,000 that the company worth. The company has suffered political risk.

Exchange rate risk or currency risk: It is a risk arising from frequent changes in exchange rate or amount in which a country's currency can be exchange for another currency. Since exchange rate remain the same i.e.  $1.25 = €1.00, exchange rate risk did not occurred.      

6 0
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What is the great economic problem
Helen [10]

Answer:

Explanation:

hey there.here is your answer

The great economic problem is how to arrange our limited resources to satisfy as many of our wants as possible. Resources are not equally valuable in all uses, so we must choose where to allocate our resources in order to get the most value out of those resources

Hope you like it

pls  mark it the brainliest

7 0
3 years ago
Sterling Auto International (Scenario) Sterling Auto International is a successful car manufacturing company headquartered in De
arsen [322]

Answer:

The answer is: Market size

Explanation:

China and India are the two countries with the largest populations in the world, around 1,400 million people each. Since China´s population is rapidly growing from rural poor farmers to middle class workers, the market for new products is HUGE. During 2017, 23.56 million cars were sold in continental China compared to 17.24 million cars sold in the US.

The potential buyers for new cars in China is just too big to be ignored by any company in the world. They already represent the largest markets for several European brands including German luxury brands. If Sterling Auto International wants to increase its car sales then China is the place to start selling.

8 0
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