1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRa [10]
4 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]4 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

You might be interested in
Sierra Co. has provided the following information: Work in Process: Feb 1 25,000 units (100% complete for materials, 60% complet
Artemon [7]

Answer:

The answers are as follows:

a. 90, 000 units

b. Materials: 105,000; Conversion: 93,000

c. Materials: $1.4762; Conversion: $2.9785 (rounded to 4 decimal places)

d. $ 400,922 (rounded to whole dollar amount)

e. $31, 078 (rounded to whole dollar amount)

Explanation:

Work in process valuation entails calculating the value of goods which are started and completed during the period plus the value of goods which are not yet completed but have been started during the current period. In order to calculate the required, the following abbreviations will be employed:

<u>Op.Wip</u> is the value of the opening inventory

<u>Current </u>is the total cost of production in the current period

<u>Total C </u>is the total cost of production incurred during the current period including opening inventory

<u>Comp. U</u> is the quantity of completed units in the current period

<u>WIP eq.U </u>is the equivalent units of production for the current period. Equivalent units are the number of units that are computed for partially completed units of production.

<u>Total eq.U</u> is the total quantity of units produced including equivalent units (completed units plus equivalent units)

<u>CPU</u> is the cost per unit of production for materials as well as conversion costs

<u>Mat</u> represents materials and <u>CC</u> represents conversion costs

<u>Part 1</u>

            <u> $ </u>          <u> $ </u>           <u> $ </u>                <u> $ </u>          <u> $ </u>                  <u> $ </u>    

    Op. Wip  Current  Total C    Comp. U   WIP eq.U  Total eq.U  

Mat  35,000  120,000  155,000   90,000     15,000        105,000                  

CC   <u>43,000</u>  234,000  <u>277,000</u>  90,000      3,000        93,000                            

       <u>78,000</u>                    <u>432000</u>                                          

Equivalent units: Materials (15,[email protected]% completion = 15,000 units); Conversion (15,[email protected]% completion = 3,000 units)

Cost Per Unit (CPU):

Materials cost: $1.476*  ($155,000/105,000 units)

Conversion cost: $2.978** ($277,000/93,000 units)

Total CPU: $4.454** ($1.476 + $2.978)     

*1.476190476

**2.978494624

***4.4546851

<u>Part 2:</u>

Work in Process:                                                                <u>$</u>

     Materials: (15000 units * 1.476190476)                22,142.85714

    Conversion Costs: (3000 units * 2.978494624)  8935.483871

Completed units: (90,000 units * 4.4546851)       <u>    400,921.659</u>

                                                                                <u>      </u><u> 432, 000   </u>

3 0
4 years ago
Suppose that there are 7 million workers in Mexico and that each of these workers can produce either 2 cars or 50 bushels of whe
Reil [10]

Answer:

The employees in Mexico can either produce 2 cars or 50 bushels of wheat.

This means that the opportunity cost of producing 50 bushels of wheat is 2 cars.

For 1 bushel of wheat therefore;

= 2/50

= 0.04 cars

Opportunity cost of producing a car in Mexico will be;

= 50/2

= 25 bushels of wheat.

The opportunity cost of producing a car in Mexico is 25 bushels of wheat, and the opportunity cost of producing a bushel of wheat in Mexico is 0.04 cars.

7 0
3 years ago
Below is the common equity section (in millions) of Timeless Technology's last two year-end balance sheets:
Sonbull [250]

Answer: The firm issued common stock in 2013.

Explanation:

Since the firm has never paid a dividend to its common stockholders, we can see that the firm issued common stock in 2013.

Looking clearly at the common equity section, we can see that there was an increase in the common stock from $1000 to $2000.

The reduction in the retained earnings from $2340 to $2000 also shows that there was a loss.

Based on the above scenarios, we can say that the firm issued common stock in 2013.

3 0
3 years ago
The term average means ___.
vichka [17]

Answer: D I got the answer right on connexus

Explanation:

8 0
3 years ago
Belarus has a comparative advantage in the production of linen, but Russia has an absolute advantage in the production of linen.
kodGreya [7K]

Answer: Option (a) is correct.

Explanation:

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.

A country has a absolute advantage in producing a commodity whose production require less number of resources than the other country.

A country exports the commodity in which it has a comparative advantage and imports commodity in which it has a comparative disadvantage.

Therefore, if both the countries decide to trade then Belarus should export linen to Russia.

5 0
4 years ago
Other questions:
  • List the factors that influence the price of labor
    5·1 answer
  • Present and Future Values for Different Periods:
    8·1 answer
  • Ryan Terlecki organized a new Internet company, CapUniverse, Inc. The company specializes in baseball-type caps with logos print
    14·1 answer
  • The country of merilya exported goods and services worth $1.2 million and imported goods and services worth $2.7 million. the ne
    7·1 answer
  • Which of the following is not one of the reasons to document your secondary sources? It shows your audience that you have suffic
    9·1 answer
  • Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is fe
    13·1 answer
  • Park competes with Splashy World by providing a variety of rides. Storytime Park sells tickets at $ 100 per person as a​ one-day
    13·1 answer
  • 114.8Magnolia Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing ov
    7·1 answer
  • Machinery was purchased on January 1 for $51,000. The machinery has an estimated life of 7 years and an estimated salvage value
    6·1 answer
  • Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $158,000 Credit sale
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!