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Alex17521 [72]
3 years ago
11

Baxter Publishing sought to reduce expenditures related to the printing of books in its trade and educational market and contrac

ted with a printing company in China. However, the publishing company soon realized that China has weak enforcement of intellectual property laws and that gray market books began appearing in the marketplace, which greatly affected Baxter's profits. The company found that it had little recourse against the contract manufacturer and learned a very difficult lesson in international marketing. This exemplifies the impact of _______ forces on international business.
Business
1 answer:
Orlov [11]3 years ago
3 0

Answer:

Ethical and social responsibilities

Explanation:

Ethics is simply defined as an individual's personal beliefs on or about a decision, behavior, or action is right or wrong.organizations engages in ethics training. That is some companies offer employees training on how to cope with ethical dilemmas.

Ethical Behavior are refered to as behavior that adapt or conforms to generally accepted social norms.

Corporate Social Responsibility is simply defined as ideas that individuals who are involved in business should pit into due consideration in the social consequences of economic actions when making business decisions and presumption should be available in favor of decisions that have both good economic and social consequences.

The Approaches to Social Responsibility includes:

1- Obstructionist Stance

2- Defensive Stance

3- Accommodative Stance

4- Proactive Stance

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You won't go over on an account, also, if someone hacks into your account/ uses your money, you know who to contact, for you know that you didn't buy that item.

Explanation:

5 0
3 years ago
Read 2 more answers
On January 1, 2016, Lester Company purchased 70% of Stork Corporation's $5 par common stock for $600,000. The book value of Stor
Soloha48 [4]

Answer:D. $0

Explanation:

Goodwill is the excess of the purchasing price of a company value of indentifiable net assets.. The purchasing price in this example is less than the value of the.

3 0
3 years ago
Consider the following information about production in quarter 1 of 2019. Firm T produces 600 tires at a cost of $28 each, and s
bekas [8.4K]

Answer:

$3,860

Explanation:

<u>Value of stock at the end of Firm T:</u>

Firm T has stock of 20 tires at the end of the year

The cost price is $28 per tire

Value = Closing stock * Cost price of each tIres

Value = 20 * $28

Value = $560

<u />

<u>Value of stock at the end of Firm B:</u>

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8 0
3 years ago
Consider the following five situations. In which situation would a borrower be best off and in which situation would a lender be
umka2103 [35]

Answer:

The borrower is best off in situation <u>"a"</u> and the lender is best off in situation ▼  "C" .

Explanation:

Considering all the situations given in the options, the <u>borrower</u> is best in situation <u>a</u> and <u>lender</u> is best off in situation in <u>c</u>.

<u>Part a </u>

Real Interest rate = Nominal Interest rate - Inflation rate = 14 - 17 = -3 per cent. Thus, the purchasing power of money has fallen and the person has to pay back money with little purchasing power as compared to the value of the purchasing power at the time he borrowed money. Thus, borrowers are best off.Thus, <u>borrower</u> is best off when the inflation rate is very high.

<u>Part c</u>

Inflation rate is negative, thus the purchasing power of money will increase and lenders will get back money with higher purchasing power as compared to the value of the purchasing power of money at the time he lend the money. Thus, <u>lender </u>is best off when inflation rate is lowest.

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3 years ago
Nieto Company’s budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $26
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Answer:

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Explanation:

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