Answer:
A. Culture
Explanation:
Culture is very important and is reflective of how people communicate and etc. For example, the big business setting in China differs from America, so you would want to know how to be respectful of their culture. In China, when giving and receiving business cards, you have to accept it with two hands, not one hand. Failure to do so will cause you to look rude!
I hope this helps clear things up!
One of the example of the commodities in which the sellers have little choice in setting selling price is books
In selling a books, all the price is usually arranged by the publisher and manufacturer and the seller could not really set the selling prices unless they have enough resource to self-publish
Answer:
b. dependable and diligent
Explanation:
A manager who is punctual, completes his daily task on time and one who who himself sets the performance standards, leads by example.
Dependability refers to reliability which can be placed upon an individual in the times of uncertainty. This also refers to the trust an individual earns.
Diligence refers to how sincerely and honestly an individual discharges his duties. It also refers to exercise of conscience by an individual.
Thus, the two traits depicted in the given information relate to dependable and diligent.
Answer:
The correct answer is (a) $1.5415
Explanation:
Solution
Given that:
Annual deposit rate for dollar =6%
Annual deposit rate for Euro = 4%
n = 5 years
The present spot rate of Euro =$1,4015
The next step is to obtain the implied rate for the Euro.
Thus
Implied rate = $1,4015[(1.06)/(1.04)]^5
= $1,4015 * 1.019230769^5
=$1,4015* 1.099923877
=$1.5415
Hence the implied rate for Euro 5 years from now is $1.5415
I think it is C or B or A