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sertanlavr [38]
4 years ago
8

Of the following, which is NOT a characteristic of culture that is important for global companies to recognize? a) Culture can b

e imposed from home country to host country. b) Companies’ operations, chiefly marketing and management, need to recognize and adjust to the cultural environment existing in the countries the global company serves. c) Culture is learned, not inherited. d) It is nearly impossible to change an entire country’s culture. e) It is the responsibility of the global firm to ascertain the level of importance of various aspects of culture in the foreign markets it serves.
Business
1 answer:
Vinil7 [7]4 years ago
8 0

Answer:

a. Culture can be imposed from home country to host country.

Explanation:

Organization Culture are set of values, systems, belief, attitude and behaviour which shows how employees and business owners communicate with outsiders. Organization culture provides direction and influences decisions of management in an organization.

It imperative for global company to have it's own unique culture as they would easily be identified with that behaviour. They must also live by and adjust to the culture of the host community.

An ideal global company must have clear vision, best practises, set of values and people oriented culture inorder to be differentiated and have a lasting organization.

Characteristics of cultures global companies should have;

-It is the duty of global firm to to know the level and importance of various aspects of culture in the foreign market it serves.

-Country operations and management needs to adjust to the cultural environment existing in the countries the global firm serves

-Culture is learned and not inherited.

-It is nearly impossible to change an entire country's culture.

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Answer: B) Conservative Financial Policy

Explanation:

A Conservative Financial policy refers to a situation where an entity usually finances their permanent working capital with long term debt in part or in it's entirety.

It is stated that Bradford Maintainance uses long-term sources of funds to finance its assets which would point to a Conservative Financial Policy.

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Answer:

3) physical-asset specificity

Explanation:

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Read 2 more answers
Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The compan
podryga [215]

Answer:

1. 600 units

2. $81,800

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $134 - $67

= $67

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= ($32,300 + $7,900) ÷ ($67)

= ($402,00) ÷ ($67)

= 600 units  

2. Break even point = (Fixed expenses + desired profit) ÷ (Profit volume Ratio)  

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = ($67) ÷ ($134) × 100 = 50%

The other values would remain same

Now put these values to the above formula  

So, the value would equal to  

= ($32,300 + $8,600) ÷ (50%)  

= $81,800

8 0
3 years ago
A new strip mall is being considered and the developers want to determine how many parking spaces there should be. It is assumed
Dafna11 [192]

Answer:

The responses to the given question can be defined as follows:

Explanation:

For point a:

Car arrival time= \frac{15}{hour}

Each car arrives at an interval of time of \frac{60}{15} = 4\ minutes

process time =0.5 \ hour

The number of vehicles moving in an hour equals 2 per hour.

As \frac{15}{2} is greater than 1. The device will not work, resulting in such a revenue loss.

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For point b:

The number of customers would be = 8.5 \times 12 = 102 for a 12-hour time frame.

Total cost=12\times 150 = \$1800

The total number of customers to be served at an expense of 2500= \frac{2500}{150} = 18 customers.

5 0
3 years ago
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