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Harman [31]
3 years ago
12

The process of getting to know one’s contacts in a host country and building mutual trust before embarking on business discussio

ns and transactions is a definition for relationship building.
[A] True
[B] False
Business
1 answer:
Sever21 [200]3 years ago
7 0

Answer:

The process of getting to know one’s contacts in a host country and building mutual trust before embarking on business discussions and transactions is a definition for relationship building: This is True Statement.

Explanation:

Relationship building is a process in which companies send their representatives to the countries who might be their potential partners, so that they can build their trust. They show this trust to establish a business connection. A strong communication can be developed with this kind of relation and barriers are broken.

This is a business skill that is the builds reputation and is influencing. It is helpful in maintaining commercial relationships. So, the given statement describes relationship building well that it is a process of getting to know one’s contacts in host country.

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Which of the following methods is a mathematical technique used for finding the best location for a single distribution point th
trapecia [35]

Answer:

A. ​center-of-gravity method

Explanation:

The mathematical technique that is being described in the question is called the center-of-gravity method. Like mentioned in the question this is an business technique that is used by businesses in order to find the best possible geographic coordinates for a single distribution point. This location is calculated by considering the Market's surrounding it, Volume of goods shipped, and Shipping Costs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Because the initial user account created during installation is a member of the Administrators group, it has all of the characte
Reika [66]

Answer:

False

Explanation:

Few of the characteristics of administrator account that a member of administrator group doesn't have is that an administrator account cannot be removed from administrators group, it cannot be locked out/deleted due to incorrect logon attempt and it has a blank password by default.

With this, a member of the administrator group does not have all the characteristics of the administrator account.

6 0
3 years ago
On what date does congress normally begin its annual meeting unless otherwise determined?
mrs_skeptik [129]

Congress usually begins its annual meeting on January 3 unless otherwise determined. This is as stipulated in the 20th amendment to the United States constitution, which moved the beginning and ending of terms of members of Congress from March 4 to January 3.

5 0
3 years ago
ou currently own 10 percent of the 3.0 million outstanding shares of Webster Mills. The company has just announced a rights offe
REY [17]

Answer: 9.09% ownership

Explanation:

Your current ownership of the shares in Webster Mills is 10% of 3 million.

That means that you own,

= 10% * 3 million

= 300,000 shares.

The new offering that the company is doing equates one right to each share of existing stock and is expected to raise $12 million in new financing at a cost of $40. The goal is to find out how many new shares this will add.

= 12,000,000/40

= 300,000 shares

This means that 300,000 new shares will be added.

There are already 3,000,000 shares outstanding and now there are 300,00 extra which would bring the total to,

= 3,000,000 + 300,000

= 3,300,000 outstanding shares.

Since you sold your rights then you still have shares but now your percentage of ownership will change because of the increase in outstanding shares.

Your ownership percentage is now,

= 300,000 shares (that you own) / 3,300,000 (new outstanding balance)

= 0.0909

= 9.09%

Your new ownership position is that you own 9.09% of Webster Mills.

8 0
3 years ago
Explain with examples, the process of screening and evaluating new venture opportunities.
Blababa [14]
Self-Analysis
According to the Arkansas Small Business Development Center, most small businesses fail because of poor management and the owner’s inability to manage resources. Before you even start researching the feasibility of your idea and the market you plan on entering, evaluate your own talents, desires and goals. Consider your willingness to take risks as well as the amount of time and energy you’ll need to make the business a success. Review your financial, personnel and marketing skills as well to ensure you have the necessary background to make a success of your new venture.

Financial Components
After learning about the investment required to purchase the existing business or franchise or the start-up costs you’ll need initially, evaluate your own resources. Part of a financial assessment includes the amount you have in personal savings to add to the initial investment. Banks typically require entrepreneurs to come up with a portion of the investment to show good faith and willingness to take a risk with the lender. Assess the financing available through the seller, investors and lenders when evaluating your chances of succeeding.

Market Research
To thoroughly understand what you’re getting into, perform an extensive market research project to determine the feasibility of your business. In addition to gleaning statistics of trends and current customer buying patterns, you need to know who your customers are, where they are located and what kind of competition exists in your area. Consider market research your first steps in opportunity analysis that help you understand exactly how you will sell products or services to a specific market.

Support
Finally, evaluate the amount of support you expect to receive from your family and the community.
4 0
3 years ago
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