Answer: a. ethnocentric
Explanation:
Ethnocentric orientation refers to the use of one's own culture as the yardstick by which to measure and relate to other cultures.
An ethnocentric person would relate to people from other cultures the same way they relate to people from their culture because they believe the way their culture does things is the best way.
Antonio is negotiating deals with the Chinese firm the same way he would negotiate with his fellow Americans . This means that Antonio is adopting an Ethnocentric approach.
Answer:
e. 14.20%
Explanation:
We use the formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
Hence
A=$450(1.1)^2+$450(1.1)^1+$450
=$450[(1.1)^2+(1.1)+1]
=$1489.50
Hence
MIRR=[Future value of inflows/Present value of outflows]^(1/time period)-1
=[1489.5/1000]^(1/3)-1
=14.20%(Approx)
Answer: The correct answer is False.
Explanation:
Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.
If a business is not ethical, then they need to change the way they work and do business and lead by example.
The answer is B,"Yes, eventually their debts must be repaid with interest.
Answer:
A) Outsourcing
Explanation:
Outsourcing is sourcing labor and talent internationally rather than domestically.
