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3 years ago

Explain the importance of a cross-cultural understanding for international businesses success.

Business

1 answer:

astraxan [27]3 years ago

6 0

Answer:

Cross-cultural communication has become strategically important to companies due to the growth of global business, technology, and the internet. Cross-cultural communication in an organization deals with understanding different business customs, beliefs and communication strategies.

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dimaraw [331]

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2 years ago

Virginia supply offers their customers trade credit with terms 2/15, net 30. this implies that:

Ivenika [448]

This implies that 2%/15 net 30 is a method of giving cash discounts on purchases. What this means is that if the bill is paid within 15 days, there is a 2% discount. Or else, the total amount is payable within 30 days. For instance, if "$1000 2/15 net 30" is printed on a bill, the buyer can take a 2% discount ($1000 x .02 = $20) and make a payment of $980 within 15 days or pay the whole $1000 in 30 days.

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2 years ago

Read 2 more answers

Complete the sentences. Yellowstone National Park is ______. A. a natural monopoly good B. a private good C. a common resource

Gekata [30.6K]

Answer:

The correct answers are:

1) "B": a common resource.

2) "A": excludable and rival.

Explanation:

1) A common resource is one that provides tangible benefits. This is the type of resource that can be used by several people at the same time without excluding the availability for its use to others. If they are not owned by anyone they take the name of open-access resources.

2) A good is excludable and rival if someone can prevent the use of it and when its use necessarily implies others not using it. Under this category fall all private resources since their ownership belongs to a certain number of people only if not only one.

7 0

3 years ago

Bricker Enterprises purchased a machine for $100,000 on October 1, 2012. The estimated service life is ten years with a $10,000

Gekata [30.6K]

Answer:

Depreciation expense for 2012, using straight-line, is $2,250.

Explanation:

Depreciation : The depreciation denotes a decreasing value of an asset. The depreciation is charged for one time in a particular year and it continues till its useful life. Due to passage of time, tear and wear, Obsolescence, the asset value diminishing.

There are various methods to compute depreciation of a long term asset. Such as - Straight Line Method, Written Down value method, Double declining method, Units of production method,etc.

Depreciation formula under SLM method

= (Purchase price of machine - Residual value) ÷ Useful life

Since, in the question the machine is purchased on October 1. So, from October 1 to December 31, there are 3 months. So we calculate the depreciation amount for 3 months.

Assume, the books of accounts is closed in December 31.

Thus,

Depreciation amount = ($100,000 - $10,000) ÷ 10 years

= $9,000

Partly year depreciation for 3 months = $9,000 × 3 ÷ 12

= $2,250

Therefore, Depreciation expense for 2012, using straight-line, is $2,250.

3 0

2 years ago

Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during

finlep [7]

Answer:

$3,000

Explanation:

Predetermined Overhead rate = Total estimated overhead cost / Allocation base

Predetermined Overhead rate = Total estimated overhead cost/Total estimated labor cost * 100

Predetermined Overhead rate = 6,000/8,000 * 100

Predetermined Overhead rate = 0.75 * 100

Predetermined Overhead rate = 75%

Overhead cost to be added to Job W at the year-end = Direct labor cost for Job W * Predetermined overhead rate = $4,000 * 75% = $3,000

6 0

3 years ago

Explain the importance of a cross-cultural understanding for international businesses success.​

Explain the importance of a cross-cultural understanding for international businesses success.