Relationships are powerful. Our one-to-one connections with each other are the foundation for change. And building relationships with people from different cultures, often many different cultures, is key in building diverse communities that are powerful enough to achieve significant goals.
Whether you want to make sure your children get a good education, bring quality health care into your communities, or promote economic development, there is a good chance you will need to work with people from several different racial, language, ethnic, or economic groups. And in order to work with people from different cultural groups effectively, you will need to build sturdy and caring relationships based on trust, understanding, and shared goals.
Why? Because trusting relationships are the glue that hold people together as they work on a common problem. As people work on challenging problems, they will have to hang in there together when things get hard. They will have to support each other to stay with an effort, even when it feels discouraging. People will have to resist the efforts of those who use divide-and-conquer techniques--pitting one cultural group against another.
Regardless of your racial, ethnic, religious, or socioeconomic group, you will probably need to establish relationships with people whose group you may know very little about.
Each one of us is like a hub of a wheel. Each one of us can build relationships and friendships around ourselves that provide us with the necessary strength to achieve community goals. If each person builds a network of diverse and strong relationships, we can come together and solve problems that we have in common.
Answer:
$60,480
Explanation:
The computation of advertising be increased with profits remaining unchanged is shown below:-
Particulars Current Proposed
Units 21,600 43,200
Sales $172,800 $345,600
($8 × 21,600) ($16 × 21,600)
Less: Variable expenses $86,400 $172,800
(21,600 × $4) (43,200 × $4)
Sales commission - $25,920
Less: Fixed expenses $20,000 $20,000
Net income $66,400 $126,880
So, the difference is $126,880 - $66,400
= $60,480
Answer:
d. An increase in the supply of the good.
Explanation:
Under normal circumstances, when production of certain goods that used to be manual is now automated or there is enhancement of technology then, supply for such good will definitely increase.
It means that there will be faster rate of production due to the technological improvement unlike when production is being done with obsolete equipment or done manually.
When there is enhancement of technology use to produce certain goods, it will bring about decrease in cost of production for producers and an increase in supply of such goods.
Answer:
$13.64
Explanation:
Given:
Exercise price,X = $100
Current price = $100
Value when price is up, uS = $120
Value when price is down, dS= $80
Risk free interest rate = 10%
First calculate hedge ratio, H:
Where,
Cu = uS - X
= 120 - 100
= $20
A risk free portfolio involves one share and two call options.
Find cost of portfolio:
Cost of portfolio = Cost of stock - Cost of the two cells.
= $100 - 2C
This portfolio is risk free. The table below shows that
_______________
Portforlio 1:
Buy 1 share $80; Write 2 calls: $0; Total: ($80 + 0) $80
____________________
Portforlio 2:
Buy 1 share: $120; Write 2 calls: -$40; Total: ($120 - $40) $80
Check for oresent value of the portfolio:
Present value
Value = exercise price - value of option
$72.73 = $100 - 2C
Find call option, C
Call option's value = $13.64