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2 years ago

What are the four components of the global business environment?

Business

2 answers:

Radda [10]2 years ago

7 0

Answer:

Geographic conditions; cultural and social factors; political and legal factors; and economic conditions.

Explanation:

Geographic conditions are extremely important, since the location of a country can increase distribution costs, the larger the distance the more expensive the trip. Also, inland countries have higher transportation costs than countries with coastal regions.

Cultural and social factors can be a significant challenge for corporations trying to enter new markets, for example the Chinese market is huge as well as the cultural differences between their culture and American culture.

Political and legal factors can complicate trade, for example countries that favor free markets and are more receptive to foreign trade.

Economic conditions are basic for a good global business environment, when the global economy is growing, world trade increases, and vice versa.

Mama L [17]2 years ago

5 0

Geography, cultural and social factors, economic conditions, and political and legal factors are the four parts of the international business environment

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2 years ago

Which part of a business proposal discusses the history of a product, service, or company with a focus on the relationship betwe

Zolol [24]

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1 year ago

Which of the following statements is true of process costing? A. It tracks and assigns both period costs and product costs to u

Dahasolnce [82]

Answer:

B) It accumulates product costs by production departments.

Explanation:

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7 0

3 years ago

A rich uncle wants to make you a millionaire. How much money must he deposit in a trust fund paying 12% compounded quarterly at

Reptile [31]

Answer:

P=24.92 per quarter

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

$s_{n} =P*\frac{(1+i)^{n}-1 }{i}$

where $s_{n}$ is the future value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

$s_{60*4} =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}$

we will asume that deposits are made as interest is compounded it is quarterly thats why we multiply 60 and 4 and also we divide 12% into 4, so:

$1,000,000 =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}$

solving P

P=24.92

8 0

2 years ago

You are in desperate need for cash to pay your water bill so you head to the check-cashing store down the street. They offer to

rodikova [14]

Answer:

1969.6%

Explanation:

The computation of the effective annual rate is given below;

Given that

It is been charged $12 for $200 loan for 7 days

So for 7 days,

the nominal interest rate is is

= 12 ÷ 200 × 100

= 6%

Now

(1+r) = (1+0.06)^{52}

(1+r) = 20.696

r = 19.696

= 1969.6%

6 0

2 years ago