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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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Answer:

Monthly withdraw= $23,294.99

Explanation:

Giving the following information:

Stock:

Monthly deposit= $890

Number of periods= 30*12= 360

Interest rate= 0.109 / 12= 0.0091

Bond:

Monthly deposit= $490

Number of periods= 30*12= 360

Interest rate= 0.069 / 12= 0.00575

<u>First, we need to calculate the amount of money collected at the moment of retirement. We need to use the following formula on each investment:</u>

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FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Stock:

FV= {890*[(1.0091^360) - 1]} / 0.0091

FV= $2,452,918.1

Bond:

FV= {490*[(1.00575^360) - 1]} / 0.00575

FV= $586,123.47

Total FV= 2,452,918.1 + 586,123.47

Total FV= $3,039,041.57

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Number of periods= 25*12= 300

Interest rate= 0.079 / 12= 0.0066

Monthly withdraw= (FV*i) / [1 - (1+i)^(-n)]

Monthly withdraw= (3,039,041.57*0.0066) / [1 - (1.0066^-300)]

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What are the weaknesses of the cash payback approach? A. It uses accrual-based accounting numbers B. It ignores the time value o
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Answer:

D. Both (B) and (C) are true

Explanation:

Cash payback approach is helpful to know the number of years, project would take to recover the initial investment. It could be calculated by dividing initial investment by cash flow per year. It is very simple and easy approach to compare projects and find number of years to recover the initial investment. The most serious weekness of cash payback approach is, it ignore the time value for the money, it also ignore project profitablity and project`s return on investment.  As according to cash payback approach, it consider projects with short payback time as profitable and thus ignore useful life of alternative projects.

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$16,800

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Therefore Lincoln Company's work opportunity credit is $16,800

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<h3>What is Strategic Management?</h3>

A Strategic management means a strategies implemented to achieve a better performance and competitive advantage for an organisation.

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