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uranmaximum [27]
3 years ago
14

Why is it important to consider cultural differences when engaging in global business?

Business
2 answers:
Hitman42 [59]3 years ago
7 0
I would have to as it is b 
I may be wrong
Cerrena [4.2K]3 years ago
3 0

Hi do you have the answers to the rest of the quiz?????

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"When the dollar appreciates, U.S." exports increase, while imports decrease. b. exports and imports increase. c. exports decrea
Zina [86]

Answer:

C) Exports decrease, imports increase

Explanation:

If the US dollar appreciates, the US dollar has now more value per unit of foreign currency than before. For example, suppose that today 1 US dollar buys 0.8 Euro, and tomorrow, Europe is hit by a financial crisis, and the US dollar appreciates, and buys 1.2 Euro. The US dollar has appreciated, has become more expensive, becomes now more euros are needed to buy 1 US dollar.

When the US dollar gains value, domestic goods become more expensive compared to foreign goods, and this promotes imports, and reduces exports.

This is the reason why China keeps a depreciated currency: China is an export economy and the cheap Chinese currency makes exports cheaper, and imports more expensive.

5 0
4 years ago
Which is the correct sequence for recording transactions and preparing financial​ statements?
zheka24 [161]

Answer:

The answer is B.

Explanation:

The first is the journal. A journal entry may be a summary of the debits and credits of the transaction entry to the journal.

Followed by a ledger which may be a book containing accounts during which the classified and summarized information from the journals is posted as debits and credits.

Trial balance which is that the listing of all accounts (asset, liability, equity, revenue, expense) with the ending account balance or or its a report that lists the balances of all book accounts of a corporation at a specific point in time.

And lastly the financial statements. they're written records of a business's financial situation

8 0
3 years ago
During April, the production department of a process operations system completed and transferred to finished goods 31,000 units
Shalnov [3]

Answer:

E) $3.00.

Explanation:

The computation of direct materials cost per equivalent unit is shown below:-

Equiavent unit with respect to material = $31,000 + $88,000 + $30,000

= 149000 units

Total direct material cost = $109,600 + $336,800

= $446,400

Direct materials cost per equivalent unit = Total direct material cost ÷ Equiavent unit with respect to material

= $446,400 ÷ 149,000

= $3 per unit

So, we have applied the above formula.

3 0
3 years ago
Mandy Ewing has been working as a veterinarian's assistant for almost a year. Her friend recently told that her employee was in
Crank

Answer:

The correct answer is letter "B": Fair Labor Standards Act.

Explanation:

The Fair Labor Standards Act or FLSA is the U.S. federal law that sets regulations on employees' payments. The FLSA aims to provide fair wages to all workers by <em>establishing minimum wages</em>, compensations for overtime work, and it also builds barriers for child labor.

6 0
3 years ago
Wild plus, a television channel dedicated to wildlife, wanted to promote its new wildlife adventure series. the series was given
Sliva [168]

Answer:

D) public relations

Explanation:

In marketing, public relations refers to a company's efforts to carry out a series of programs and activities designed to improve the company's image and the image of the products or services that it offers.

In this case, the coverage provided by newspapers and television is not advertisement, it is part of a public relations efforts designed to make the public aware of the channel's environmental approach.

5 0
3 years ago
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