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Sholpan [36]
3 years ago
6

The business world is becoming increasingly global due to advances in technology and travel. This means that businesspeople must

know how to navigate intercultural ethics, not just the ethics of their particular country. To better prepare for the ethical challenges of a global marketplace, you should broaden your cultural awareness and familiarize yourself with strategies that help you adhere to legal and ethical guidelines.Read the following passages, and then answer the questions.You have recently been told you are going on a business trip to Thailand. You want to schedule a meeting with your supervisor to discuss how she conducts business in an ethical manner while in Thailand. In order to prepare for the meeting, you make a list of questions you would like to ask.What is an example of a good question to ask in this meeting?What are the company policies when it comes to handling bribery?Is it customary in this country to take off your shoes before entering a home?What are the top three sights I should see?After solidifying an overseas deal with a large bottling company, the executive informs you that in order to expedite the signing of the materials, he will need an extra $10,000.How should you react to his request?Immediately judge the man as immoral and corrupt and end the business deal.Inform the executive that this extra $10,000 wasn’t in the original contract. Avoid assuming unethical behavior until you clarify what he is asking for in relation to the agreed-upon contract.Negotiate his request and offer $5,000.Rather than determining whether a culture has good or bad ethics, it is best to look for practical solutions to the cultural challenges of doing global business.Which of the following suggestions acknowledge different values and respect the need for moral initiative? Check all that apply.Find alternatives.Don’t rationalize shady decisions.Avoid transparency.Refuse business if it violates your basic values.
Business
1 answer:
OLEGan [10]3 years ago
7 0

Since the questions are different, the answers are separated for question 1 and 2

ANSWER:

1) The best question to ask is: "What are the top three sights I should see".

2) Avoid assuming unethical behavior until you clarify what he is asking for in relation to the agreed-upon contract.

Inform the executive that this extra $10,000 wasn't in the original contract.

EXPLANATION:

1) It I very important to know the things expected to happen in the meeting, so that you can prepare ahead for it. Knowing the top three sights will help you prepare ahead for them. This question tends to extract the frequent and most occuring actions the supervisor always encounter during her meetings at Thailand.

2) It is not always right for us to condemn people's actions without the details of such action. Try to understand the details of why the executive wants you to add $10,000 to the cost of the project, so that you won't assume wrongly. And it is always right to specify the $10,000 demanded by the executive as a separate cost from the initial cost of the project, if the money does not directly linked the the initial cost of the project.

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Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.

6 0
3 years ago
Rather than have the top level of management make all the decisions, Jake's company gives all lower-level managers the authority
Natasha_Volkova [10]

Answer:

Decentralised organisation

Explanation:

Decentralised organisation are those in which most of the authority to perform tasks is given to.lower level management or even individual teams.

This results in a system where decisions are made faster.

Also a small amount of control is maintained for major decisions.

In the given instance Jake's company gives all lower-level managers the authority to make decisions for his or her department, this is a decentralised organisational system

6 0
3 years ago
Mary Stahley invested $1500 in a 48-month certificate of deposit (CD) that earned 6.5% annual simple interest. When the CD matur
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Answer:

$12714.98

Explanation:

Data provided in the question:

Initial amount invested = $1,500

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Duration for simple interest = 48 months = 4 years

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= $1,500 × 0.065 × 4

= $390

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Total amount = $1500 + $390

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5 0
3 years ago
Chang Industries has already spent $230,000 to produce tables. Those tables can be sold as is for $442,000. Alternatively, the t
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Incremental revenue is often compared to production costs. The stained tables can be sold for $178,000.

<h3>What is incremental revenue?</h3>

Incremental revenue is the profit that a business earns through rising sales.

It can be used to determine the additional revenue generated by a particular product, investment, or direct sale from a marketing campaign when sales value has grown.

As per the information,

the tables could be sold for $442,000 and after additional processing the tables can be sold for $620,000. The incremental revenue is equal to $620,000 - $442,000 = $178,000

Therefore,The stained tables can be sold for $178,000.

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8 0
2 years ago
Virtual teams are characterized by ________ in comparison to teams which interact face-to-face.A) low popularity among companies
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B) low social rapport and direct interaction

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