Answer:
A. Culture
Explanation:
Culture is very important and is reflective of how people communicate and etc. For example, the big business setting in China differs from America, so you would want to know how to be respectful of their culture. In China, when giving and receiving business cards, you have to accept it with two hands, not one hand. Failure to do so will cause you to look rude!
I hope this helps clear things up!
Answer:
A) $200,000 to Jack
Explanation:
Jack is the primary beneficiary to his late wife's life insurance policy and since he is still alive, so he should get the whole $200,000.
His daughters, Mimi and Ann, are the contingent beneficiaries. That means that in case Jack had died before his wife or he was incapacitated for some reason, then they would have become the beneficiaries of the insurance policy (and each would have received $100,000).
Answer:
c.make selling unnecessary
Explanation:
The managerial definition of Marketing presented by Peter drucker is – The aim of marketing is to know and understand the customer so well that the product or service fits him and sells itself. But Peter Drucker, says that the aim of marketing is to make selling superfluous.
Answer:
$10 profit
Explanation:
In this question, we are asked to calculate the profit or loss to a short position.
Firstly, we identify that the spot price of market index is $900.
Now, a three months forward contract equals a value of $930.
Raising the index to $920 at the expiry date is obviously a profit to the short position.
To calculate the profit here, we simply subtract the index at expiry date from the three months forward contract.
Mathematically, this is equal to $930-$920 = $10 profit
Answer:
Dec 31 Unearned rent revenue $ 3675 Dr
Rent Revenue $3675 Cr
Explanation:
The adjusting entries are made at the end of period and as the rent revenue is received in advance, it is treated as a liability until it is earned.On 31 December, 3 months rent revenue has been eanred and as this revenue belongs to this year, following the accrual principle, we will record this as revenue and decrease the liability.
The three months rent revenue = 1225 * 3 = 3675