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MrRa [10]
3 years ago
5

Imagine that businesspeople from a high-context culture (e.g., Japan or China) meet their counterparts from a low-context cultur

e (the United States) for the first time to negotiate and sign a manufacturing contract. What could go wrong? How about conflicting perceptions of time?
Business
1 answer:
tino4ka555 [31]3 years ago
4 0

Answer:

As per Chegg guidelines .

Explanation:

For a high-context culture, the social environment or social context has more importance than the words being spoken. This means that in a high context culture, low-contex culture is not as important as the nonverbal communication, because nonverbal communication has more importance . For the high-context culture, a contract is just a beginning point for negotiations in closing the deal. Signing of the contract does not necessary means closing of the business deal. Some of the examples of high-context cultures are China, most Arab countries, Latin America, most African countries, most other Asian countries, and Italy. In reality, most cultures fall somewhere along a continuum, or sliding scale, in their perception of the importance of context (with high and low being the end points of the continuum

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A rich donor gives a hospital $1,040,000 one year from today. Each year after that, the hospital will receive a payment 6% large
alina1380 [7]

Answer:

$7,681,257.74

Explanation:

Since the hospital will receive a payment 6% larger than the previous payment each year after the first payment, the formula for the Present Value of a Growing Annuity is used to obtain the present value.

The present value of a growing annuity formula is meant for the estimation of the present day value different payments hat grow at a proportionate rate which will be received for a period of time. This formula is stated as follows:

PV = {P ÷ (r - g)} × {1 - [(1+g)÷(1+r)]^n] ...................................... (1)

Where

PV = Present value

P = First payment = $1,040,000

r = interest rate = 11% = 0.11

g = growth rate = 6% = 0.06

n = number of years = 10 years

Substuiting all the values into equation (1), we have:

PV = {$1,040,000 ÷ (0.11 - 0.06)} × {1 - [(1+0.6)÷(1+0.11)]^10]

     = {$1,040,000 ÷ (0.05)} × {1 - [(1.06)÷(1.11)]^10]

     = {$1,040,000 ÷ (0.05)} × {1 - [(1.06)÷(1.11)]^10]

     = $20,800,000 × (1 - 0.630708763)

     = $20,800,000 × 0.369291237  

     = $7,681,257.74  

 I wish you the best.

6 0
3 years ago
middle managers at apics dental have little decision-making authority for their departments. almost every decision they make on
Illusion [34]

Since Middle managers at Apics Dental have little decision-making authority for their departments and almost every decision they make on a day-to-day basis must be approved by the CEO, from what they spend to whom they hire, this is an example of centralization.

<h3>What is an organizational structure?</h3>

An organizational structure simply refers to a strategic process that is typically used for the division of a business organization (company or firm) into multiple functional units, in order to successfully achieve its short-term and long-term goals.

<h3>The dimensions of an organizational structure.</h3>

Generally speaking, an organizational structure comprises three (3) main dimensions and these include the following;

  1. The vertical dimension: the decision-making responsibilities include decentralization and centralization.
  2. The horizontal dimension.
  3. Integrating mechanisms.

Under centralization, all of the day-to-day decisions are made by the top executive management and the chief executive officer (CEO).

Read more on organizational structure here: brainly.com/question/7437866

#SPJ1

5 0
1 year ago
What does the term “elastic” describe?
liq [111]
(the flexibility basically)

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4 years ago
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Gwar [14]

Answer:

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sertanlavr [38]

Answer:

true

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8 0
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