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eimsori [14]
3 years ago
9

What is considered one of the most common mistakes made by North American companies when trading with a Middle Eastern company?

Business
1 answer:
Maurinko [17]3 years ago
6 0

The main mistake made by North American when trading with a middle Eastern companies are being Impatient.

Explanation:

  • Middle east countries include countries such as  United Arab Emirate, Iran, Iraq, Turkey, Egypt etc.
  • North Americans are known to have a good trading relationship with many nations through out the world.
  • But the failed to maintain a healthy and good trading relationship with Middle eastern companies such as UAE etc.
  • On of the main reason why they failed is due to their impatience as arab people usually hesitate to take decisions regarding business right away and will demand some three or more business meetings before agreeing for trading, where on the other hand North americans didn't have such patience.

Hence their trading with North americans failed.

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Vilas Company is considering a capital investment of $190,100 in additional productive facilities. The new machinery is expected
zheka24 [161]

Answer:

9.49%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 =  $190,100

cash flow each year from year 1 to 5 =  $49,500

IRR = 9.49%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

6 0
3 years ago
Identify the following costs as a product cost or a period cost for a magazine publisher: a. Sales salaries b. Paper used for th
JulsSmile [24]

Answer and explanation:

Product costs are those that are linked to the manufacturing of a good such as direct materials, direct labor, and overhead. Period costs are not involved directly in the manufacturing process but are important for the business. Examples of period costs are administrative wages, sales commissions, or depreciation. Thus:

A) <em>Sales salaries </em>(Period Costs)

B) <em>Paper used for the magazine </em>(Product Cost)

C) <em>Maintenance on printing machines </em>(Product Cost)

D) <em>Depreciation expense-corporate headquarters </em>(Period Cost)

5 0
3 years ago
Which of the following statements about yearly renewable term insurance is (are) true?
suter [353]

Answer:

D) neither I nor II

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Yearly or Annual renewable term insurance (ART) is a specific type of life insurance policy that offers the individual life insurance for a set amount of years following the signing of the insurance policy. Therefore based on this information it can be said that neither of the statements listed in the question are true.

4 0
3 years ago
It has been argued that any government policy aimed at nonrenewable resource conservation is an unwarranted interference with th
jeka94

Answer:

The argument exposed in the question does not address the fact that natural resource scarcity and/or depletion cannot be so evident, and as result, economic agents do not necessarily have the incentive to hold more of them, and drive up the price.

Besides, natural resources provide ecosystemic and enviromental services, that generate positive externalities, and these positive externalities are not accounted for in the prices (this is why they are externality), causing the market prices that are paid for natural resources to be lower than they should.

The government can use to strategy to promote natural resource conservaiton:

1) Account for the positive externalities, and increase the price that is charged for the use. It can be a tax.

2) Simply step in and forbid the use of some natural resources after a certain point is reached. It can be a quota system.

6 0
3 years ago
Everyone share their opinion about the recent 2017 Presidential election. I am writing a summary and need some input.
topjm [15]
Id tell you it was the most popular election and was a very close and some say it was broken because of the electoral college since Hillary got popular vote and about her emails got her hate but same things can be said about trump and his taxes and Russia lol to be honest to put an opinion in your writing don't stay sort of neutral.
4 0
3 years ago
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