Answer:
social norms
Explanation:
Social norms can be seen as mutual depictions of appropriate social behavior as well as internal opinions of specific group behavior. Norms can be seen as cultural ideas (including principles, traditions, and rituals) that serve a basic understanding of what others practice and believe that they ought to be doing.
Social norms are, if seen as a societal viewpoint, informal interpretations which regulate the actions of people in a society. In response to religious or community expectations, behavioral economics acknowledges smaller group structures (such as a team or perhaps a department) can also accept norms independently.
Answer:
12%
Explanation:
The discount rate will be PV/FV -1
i.e., i = (Fv/pv )-1
i= (280/250) - 1
i = 1.12-1
i=12%
Globalization of business has affected man in many ways.
In term of communication, businesses has to learn and abide by the culture of the places where their companies are located. They have to learn and abide by the political and legal regulations that are operating in the place. Cross - cultural communication challenge has to be overcome with sensitivity and openness.
Answer:
the total budgeted manufacturing cost is $292,600
Explanation:
The computation of the total budgeted manufacturing cost is shown below;
Total Budgeted Costs = Fixed Costs + Variable costs
= $12,300 + $292,600
= $304,900
Total Variable costs = Variable Cost Per Unit × Activity Level
= $14 × 20,900
= $292,600
Hence, the total budgeted manufacturing cost is $292,600
