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Volgvan
3 years ago
8

Wowee Appliances is setting up production and distribution facilities in India to meet the growing demand there. The company's e

xecutives want the human resource department to identify one of its U.S. managers to lead the operations there, so he or she can ensure that the company culture is maintained. They ask the HR vice president to recommend a person with strong financial skills. The HR vice president agrees, but adds that they also should use psychological testing to identify candidates who are highly flexible and conscientious. Which statement best supports the HR vice president's advice
Business
1 answer:
SpyIntel [72]3 years ago
5 0

Answer: the correct answer is these traits will help the manager persevere through culture shock.

Explanation:

Culture shock.- the feeling of disorientation experienced by someone who is suddenly subjected to an unfamiliar culture, way of life, or set of attitudes.

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Cooperatives save members money by
vazorg [7]

Answer: A

Explanation: by purchasing supplies and services as a group

5 0
3 years ago
Beth and connie do business as diamond investments. in acting on the firm's behalf, beth makes an honest error in overestimating
mario62 [17]
<span>In the scenario in which, Beth and Connie who do business as diamond investments and in acting on the firm's behalf, Beth makes an honest error in overestimating the value of a particular stock purchase to her firm, Beth is not liable.</span><span> The term liability denotes the company's legal financial debts or obligations that arise during the course of business operations. </span>
6 0
4 years ago
Read 2 more answers
A borrower has secured a 30-year, $150,000 loan at 7% with monthly payments. Fifteen years later, the borrower has the opportuni
aliina [53]

Answer:

Return on investment ≈ 29%

Explanation:

<em><u>using excel function </u></em>

Determine :

Rate = 7% / 12 = 0.0058

Nper value = 30 years * 12 = 360

PV = -$150,000

∴ PMT value = $997.95

next : calculate the outstanding balance 15 years later

=  ( 997.95 / 0.00583 )  * ( 1 - ( 1 / ( 1 + 0.00583 )^15*12 ))

= 171174.96 * 0.6489

= $ 111,075.43

<u>Considering the opportunity to refinance </u>

Rate = 6% /12 = 0.005

Nper = 15 * 12 = 180

Pv = - $111,075.43

∴ PMT = 937.32

the monthly saved up payment = PMT 1 - PMT 2

= 997.95 - 937.32  = $60.63

Finally

Rate of return on investment

= 2500 = 60.63 * ( \frac{1 - (\frac{1+r}{12})^{-15*12}  }{r} )

hence Rate of return ≈ 29 %

attached below is a screenshot of the excel function used for question 2 and it can be used for question 1 as well just change the values

6 0
3 years ago
What happens on the money balances market (the demand and supply for money) when the Federal Reserve conducts an open market pur
Papessa [141]

Answer:

Increased Money supply and decreased rates

Explanation:

When the Federal reserve buys the bonds on the Open market operations, the cash is disbursed by the Fed to the seller of bonds which in case increases the money that is supplied in the market and hence the quantity of money held by general public. The interest rate will ultimately decrease as the money supply is more and people tend to spend more than save.

Hope this clear things up.

Goodluck.

8 0
4 years ago
Read 2 more answers
Net exports might be a negative amount if Americans
zhannawk [14.2K]

Answer:

c. decrease their holdings of foreign currencies, lend to foreigners, or do a little of both.

Explanation:

  • The net exports of the American may account for the negative share of the American holdings if they continue to borrow for the foreign currencies and lend to foreigners and may disturb the balance of payments.
6 0
4 years ago
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