<span>Mark is using what is called a lag strategy. A lag strategy can be used when there is an intended change in payment in a foreign transaction. This usually occurs when there is an expected change occurring in exchange rates. The lag occurs when the transaction is delayed, which is what Mark is attempting to do here.</span>
Answer:
Understanding a country's culture is a sign of respect. It also helps to foster effective communication, a vital factor in business success. ... Values and attributes such as frugality, trust and endurance may be viewed differently in other countries.
Answer:
The correct answer is E.
Explanation:
Giving the following information:
Ordinary annuity with 10 payments of $2,700. The interest rate is 5.5%.
First, we need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay
FV= {2,700*[(1.055^10)-1]}/0.055= $34,763.45
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 34,763.45/(1.055^10)= 20,352
1. Embrace transparency. Transparency isn't just positive for employees
2. Recognize and reward valuable contributions.
3.Cultivate strong coworker relationships
4. Embrace and inspire employee autonomy
5. Assist Your Team Members in Reaching Goals
