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3 years ago

Which statement about ethnocentrism is most accurate?

Business

1 answer:

Alexus [3.1K]3 years ago

4 0

Answer:

Ethnocentrism causes us to judge others by our own values.

Ethnocentrism causes us to judge others by our own values. Ethnocentrism is the belief in the superiority of one's own culture. This belief is a natural attitude found in all cultures, and it causes us to judge others by our values.

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Several years ago, Nicole Company issued bonds with a face value of $1,030,000 for $960,000. As a result of declining interest r

EleoNora [17]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Bonds payable Dr, $1,030,000

Loss on retirement of bond Dr, $78,800

($1,091,800 - $1,013,000)

To discount on bond $17,000

To cash $1,091,800

($1,030,000 × 106%)

(Being retirement of the bonds is recorded)

8 0

3 years ago

During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c

Veronika [31]

Answer:

This is an example of price leadership.

Explanation:

Price leadership is a type of practice where a firm, most likely a dominant one, sets the price and other firms follow it. It is commonly seen in an oligopoly market.

In an oligopoly market, there are a few firms, these firms are interdependent. A price change by one firm affects its rivals.

Price leadership is of different types.

Barometric
Collusive
Dominant

So when a dominant firm changes its price, the followers have to follow it if we they want to retain their market share.

8 0

3 years ago

Managers rarely have to manage multicultural teams within one organization in one location.

aleksklad [387]

In today's world, even single-location facilities often draw a workforce composed of individuals from a plethora of different geographical, ethnic, social, and religious groups. As such, even a locally-oriented manager must be globally-minded, with an ability to manage across cultures to maximize the potential of his employees. As such, the answer here is certainly b. False.

4 0

3 years ago

Molson-Coors Brewing Company (TAP) reported the following operating information for a recent year (in millions):

Dahasolnce [82]

Answer:

1)Break Even Sales Volume in Units=105.789067 million barrels

2))Break Even Sales Volume in Units=114.0512569 million barrels

Explanation:

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

Given

Molson-Coors

 All figures in millions

Sales $3,568

Cost of goods sold (2,164)

Gross profit $1,404

Marketing, general, and admin. expenses (1,052)

Operating income $352

Molson-Coors

All figures in millions

Sales $3,568

Variable Cost of goods sold (2,164)*70%= (15,14.8)

Variable Marketing, general, and admin. expenses (1,052) *40%= (600.8)

Contribution Margin $1,452.4

Fixed Cost of Goods Sold 649.2

Marketing, general, and admin. expenses (1,052) *60%= $ 631.2

Operating income $172

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

When Fixed Costs are not increased in the current year.

Break Even Sales Volume in Units= 649.2+631.2/12.1033 (millions)

1)Break Even Sales Volume in Units=105.789067 millions barrels

When Fixed Costs are increased in the following year.

Break Even Sales Volume in Units= 649.2+631.2+ 100/12.1033 (milions)

2))Break Even Sales Volume in Units=114.0512569 millions barrels

7 0

3 years ago

A legitimate commercial program should provide information in regard to all of the following except ___________.

Pavlova-9 [17]

A legitimate commercial program should provide information in regard to all of the following (staff training and education, the risks of their products or program, and program outcomes) except personal testimonials. The correct answer is D.

6 0

3 years ago