The answer is "high uncertainty avoidance".
Countries indicating high uncertainty avoidance have a low tolerance for uncertainty and ambiguity in most everyday circumstances. Individuals who are living in the societies with a low tolerance to vulnerability will likewise have a tendency to set up laws, principles, directions and control components to keep any vagueness or hazard.Nations in Latin America, Japan and Germany are a few cases of where there is high uncertainty avoidance.
Answer:
The use of data aggregation leads to overstatement of the concentration and Herfindahl indices
while the use of National/state data leads to understatement of the degree of concentration in local markets.
Explanation:
The ratio of concentration and Herfindahl indices computed are mainly made up of foreign players while the contributions of small local unorganized players are not considered, which leads to the increase in the value of indices and ratios been used, ( i.e. The use of data aggregation ) . hence the overstatement of the actual level.
The understatement of the degree of concentration in local markets happens because of the use of national and state data while computing the concentration in the local markets like gasoline and this is mainly caused by the presence of fewer industries in the market. The state and national data does not reflect the true concentration in the local market hence the degree of concentration is understated at the local level.
Answer:
The correct answer is B
Explanation:
Utilitarian approach or method is the approach which assesses or analyze the actions in terms of the outcomes or results, that is the net costs and the benefits to all the stakeholders on individual level.
This approach aspire or attempt to accomplish the greatest good for the numbers when creating the least amount for preventing the suffering of the greatest amount.
So, the shop uses or practice the approach of utilitarian as it will provide them the extra one million dollar to put it in the marketing.
Answer:
Discounted Payback period 3 years
Modified Internal rate of return 4.833%
Explanation:
Fernando Designs has following cash flows ,
year 1 : -$900
Year 2 : $500
Year 3 : $500
Year 4 : $500
Using 10% discount factor the cashflows will be,
discounted values
Year 1 : -900
Year 2 : 454.54
Year 3 : 445.45
Year 4 : 4132231
Payback period is -900 + 454.54 +445.45 = 3 years.
Modified Internal rate of return; ![\sqrt[n]{\frac{FV of cash inflows}{PV of cash outflow} }](https://tex.z-dn.net/?f=%5Csqrt%5Bn%5D%7B%5Cfrac%7BFV%20of%20cash%20inflows%7D%7BPV%20of%20cash%20outflow%7D%20%7D)
![\sqrt[4]{\frac{1314}{900} }](https://tex.z-dn.net/?f=%5Csqrt%5B4%5D%7B%5Cfrac%7B1314%7D%7B900%7D%20%7D)
= 4.833%
