Riley like comes from a high-text culture. High-context cultures rely heavily on implicit and heavy context when conducting business. Implicit communication are comments that are hinted to someone or about something but do not directly imply what they are meaning. There is no fun and play in business and business is taken seriously when in an office setting only.
Answer:
a. Inflation
Explanation:
In the context of economics, inflation refers to the increase in the price of goods and services
Moreover, we also know that
(1 + Nominal rate of return) = (1 + real rate of return) × (1 + inflation rate of return)
According to the given situation, it is mentioned that The general goods and services prices are expected to rise substantially over the next five years which represents the concept of inflation
Hence, the option a is correct
<span>Liability for contracts formed by an agent depends on how the principal is classified and on whether the actions of the agent were authorized or unauthorized. Principals are classified as disclosed, partially disclosed or undisclosed.
A liability contract is used when someone is liable for causing bodily harm or injuries to another person. These are contracts and legally binding documents. If someone id undisclosed, they don't share all of the information. Disclosed is when the information is fully shared. Partially disclosed is when someone says they have a principle but do not disclose all of the information.
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4(x + 1)
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~ Zoe
This is an example of <u>value co-creation.</u>
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What is value co-creation?
- Value co-creation is the joint creation of value by the company and the customers, allowing the customers to co-construct the service experience to suit their context.
- Subsequently, given that the co-creation of value not only affects the bilateral relationship between the consumer and the company, the definition has been transformed to incorporate the multiple agents involved in the process.
- Value co-creation describes the way actors behave, interact, interpret, experience, use, and evaluate propositions based on the social construction of which they are a part.
- The first studies on co-creation assimilated this concept to that of co-production, defined as the participation of the consumer in some of the phases of the development of new products, mainly applied in leading brands.
To know more about value co-creation, refer:
brainly.com/question/14970562
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