All categories

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.

You might be interested in

On January 1, Parma, Inc. borrowed $100,000 cash from First National and issued a two-year promissory note in that amount. Inter

crimeas [40]

Answer:

Interest expense account

Explanation:

In accounting, interests paid on loan, promissory or any other forms of loan written off to the income statement as an expense in the period in which they are incurred.

Therefore, the interest expense account will be will be debited when Parma records the entry relating to each of the four interest payments. The other leg of the account is to credit the profit and loss account to complete the record.

4 0

3 years ago

Gary did not pay his past three payments on his mortgage. What is the possible consequence he is facing?

Lapatulllka [165]

Answer: Foreclosure

Foreclosure refers to a bank’s act of taking possession of a mortgaged property when the mortgage holder fails to make the monthly mortgage payments.

Foreclosure occurs when a home owner does not pay his monthly loan instalments for three consecutive months.

It is a legal process in which the home owner loses the ownership of the property and the banker gets the right to sell off the property in order to make up the loss on account of non payment.

6 0

3 years ago

Jon is the marketing head at Avion International, an import-export agency. His calendar is filled with: meetings with heads of t

HACTEHA [7]

Answer: Option D

Explanation: As per the job characteristics theory an employee who is performing a job which have a high variety of task to complete and require some special skills will feel more motivated and satisfied than others.

In the given case, Jon has a feeling that his job makes him to perform new task everyday, that's why, he never gets board with his job.

Hence from the above we can conclude that the correct option is D.

5 0

3 years ago

Toggle Company reported sales of $310,000 and cost of goods sold of $180,000 for 20X2. During 20X2, Toggle’s accounts receivable

kiruha [24]

Answer:

Cash Received from customers = $293,000

Cash payments to suppliers = $167,000

Cash flows from operating activities = $460,000

Explanation:

Cash Received from customers is calculated as follows :

Sales $310,000

Less Increase in accounts receivable ($17,000)

Cash Received from customers $293,000

Cash payments to suppliers is calculated as follows :

Cost of goods sold $180,000

Decrease in Inventory $8,000

Decrease in Payable ($21,000)

Cash payments to suppliers $167,000

Cash flows from operating activities is calculated as follows :

Cash Received from customers $293,000

Cash payments to suppliers $167,000

Cash flows from operating activities $460,000

7 0

3 years ago

Which of the following is true about corporate cultures?a. Corporate cultures are not influenced by the people comprising that o

vladimir1956 [14]

Answer:

Corporate cultures can hinder individuals in making the "right" decisions.-c.

6 0

3 years ago

Read 2 more answers

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

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