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8090 [49]
4 years ago
9

In arab countries, business executives will often digress from the primary purpose of the meeting, then eventually return to the

topic initially discussed. this is an example of cultural _____.
Business
1 answer:
Kryger [21]4 years ago
4 0
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed. 
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To maximize utility, a consumer should allocate money income so that the Multiple ChoiceA) elasticity of demand on all products
ikadub [295]

Answer:

D) Marginal utility of the last unit of each product consumed is the same.

Explanation:

To maximize utility with a given income constraint, a consumer must chose products to maximize utility. This can be done so that each extra dollar, which is the marginal income, spent on each of these products yields the equal marginal utility. For example if one product yields more marginal utility per marginal dollar spent, the consumer should reallocate their income so they consume more of this product and less of others, so much so that the utility derived from this product equals utility derived from other products.

Utility is maximized when these marginal utilities per marginal dollar spent coincide.

Hope that helps.

6 0
3 years ago
Mercury Inc. purchased equipment in 2019 at a cost of $497,000. The equipment was expected to produce 580,000 units over the nex
Ivan

Answer:

1.

Gain or (Loss) on sale = (17000)  Loss

2.

Cash                                                     253600 Dr

Accumulated Depreciation               226400 Dr

Loss on Sale                                        17000 Dr

         Equipment                                         497000 Cr

3.

Gain or (Loss) on sale = 9400 Gain

4.

Cash                                                    280000 Dr

Accumulated Depreciation              226400 Dr

         Gain on Sale                                      9400 Cr

         Equipment                                         497000 Cr

Explanation:

We first need to calculate the carrying value of the equipment at the date of disposal. The carrying value is calculated as follows,

Carrying value = Cost  -  Accumulated depreciation

Depreciation 2019  =  (497000 - 33000) * 83000 / 580000

Depreciation 2019  = 66400

Depreciation 2020  =  (497000 - 33000) * 133000 / 580000

Depreciation 2020  = 106400

Depreciation 2021  =  (497000 - 33000) * 67000 / 580000

Depreciation 2021  = 53600

Carrying value = 497000  -  [ 66400 + 106400 + 53600 ]

Carrying value = $270600

1.

Gain or (Loss) on sale = Sales price  -  Carrying Value

Gain or (Loss) on sale = 253600  -  270600

Gain or (Loss) on sale = (17000)  Loss

2.

Cash                                                     253600 Dr

Accumulated Depreciation                226400 Dr

Loss on Sale                                        17000 Dr

         Equipment                                         497000 Cr

3.

Gain or (Loss) on sale = Sales price  -  Carrying Value

Gain or (Loss) on sale = 280000  -  270600

Gain or (Loss) on sale = 9400 Gain

4.

Cash                                                    280000 Dr

Accumulated Depreciation                226400 Dr

         Gain on Sale                                      9400 Cr

         Equipment                                         497000 Cr

6 0
3 years ago
What is the three part process for problem solving\?
ch4aika [34]
The three part process for problem solving are:
1. Analyse the problem: take the problem into parts and consider what could be done and what could not be done.
2. Solve for the unknown: decide on a suitable solution based on the results of the analysis that you carried out.
3. Evaluate the answer: Evaluate your solution to see if it the very best you can come up with.
8 0
4 years ago
what is a highly coordinated activity that delivers goods and/or services when they are needed? multiple choice just-in-time pro
Julli [10]

Just-in-time production is a highly coordinated activity that delivers goods or services when they are needed.

Just-in-time management is a philosophy, not a method. If the "customer" is the eventual consumer of the product or a process further along the production line, the term originally referred to the manufacturing of goods to precisely fulfill customer demand in time, quality, and quantity.

By minimising the time and resources needed for production operations, JIT increases productivity. More rapid product production is possible thanks to manufacturers.

This simplified strategy can save costs and boost productivity while things are going as usual, but it is vulnerable to changes in supply and demand. JIT production can make manufacturers unable to meet demand when global supply networks are interrupted for a variety of reasons, deepening an economic downturn.

To know more about just-in-time production refer to the given link:

brainly.com/question/28865388?referrer=searchResults

#SPJ4

6 0
1 year ago
O'Brien Inc. has the following data: rRF = 5.00%; RPM = 6.00%; and b = 1.10. What is the firm's cost of equity from retained ear
MrRa [10]

Answer:

11.3%

Explanation:

O'Brien has the following data

rRF= 5%

RPM= 6%

b= 1.10%

Therefore the cost of equity can be calculated as follows.

= 5% + 6%(1.05)

= 5% + 6.3

= 11.3%

Hence the cost of equity is 11.3%

7 0
3 years ago
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