1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
3 years ago
8

Why the culture of a country might influence the costs of doing business in that country?

Business
1 answer:
jonny [76]3 years ago
3 0

Answer:

Culture of a country can adversely affect the business

Explanation:

The culture of a country affects the costs of doing business in that country in the following ways -

a) In some countries, companies prefer to not work during the afternoon and hence they loose a large segment of business

b) Some countries entertain corruption practices and hence business do not flourish in such countries.

c) The pattern of working of government officials in a country affect the way in which an outsider entrepreneur is affected. The bad practices lower the ease of doing business and hence the business is lost

You might be interested in
The pay rates in the organization may not match the pay structure in the market when a company sets its pay rates based strictly
Grace [21]

There are discrepancies between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

<h3>What is a pay rate?</h3>

A pay rate can be defined as a measure of the amount of money that is being paid by a company to its employees (workers) per period of work or unit of production, which is usually on a hourly, weekly, or monthly basis.

In business management, discrepancies would generally exist between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

Read more on pay rate here: brainly.com/question/4443190

6 0
2 years ago
To differentiate its candy from that produced by other candy manufacturers, the manufacturer of Green &amp; Black brand confecti
mestny [16]

Answer:

<em>B. Unique selling proposition</em>

Explanation:

The scenario which is been presented in the question is the example of "Unique selling proposition"

Because in "Unique selling proposition", the companies use a unique method to attract and convince the customers to buy and use the product of the particular company.

So, we can see that <em>manufacturer of Green & Black brand confections uses</em> unique method to attract and convince the customers to buy and use its product, the method is known as <em>"Unique selling proposition".</em>

8 0
3 years ago
Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrim. If the government establishes a
Simora [160]

Answer:

Employment of low wage workers will decrease and which in turn increase the unemployment.

Explanation:

Perfectly competitive labor market, is the one which is described as the composite of many firms or companies that are in the competition for the workers. The firms will not be in power to set the wages for the workers, the market also determines the competitive wage.

But if this is a low wage labor and on that the government establish or form the minimum wage then it will result in the employment of the low wage workers will decrease and the consequence of which is increase in the unemployment.

Note: Options are missing so providing the direct answer

8 0
3 years ago
A type of manager that supports first line managers is known as
gayaneshka [121]

Answer:

First-line managers operate their departments. They assign tasks, manage work flow, monitor the quality of work, deal with employee problems, and keep the middle managers and executive managers informed of problems and successes at ground level in the company.

Explanation:

7 0
3 years ago
In March 2012, Yoshiro Inc.. decided to retire an outstanding bond issue before maturity. The coupon rate on the bond issue was
natali 33 [55]

Answer:

  • b. Cash from Financing Activities  
  • d. Bonds Payable
  • e. Net Income

Explanation:

Bonds are a form of long term debt and in the cashflow statement this goes to the Financing section. A retirement of bonds would reduce cash and this would come from the Financing activities.

Bonds Payable will also decrease because the bond that is being retired will reduce the number of bonds payable that the company has to pay off.

Finally the Net income will reduce as well to reflect the loss on bond retirement. The bonds were issued at a discount owing to interest rates being higher than the coupon rate in 2011 but on the day the bonds were retired they were selling at a premium with interest rates at 4%. The company paid more than they received and this loss will reduce the net income.

3 0
3 years ago
Other questions:
  • Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its ave
    13·1 answer
  • Clip Joint company is ready to sell its bonds. Which of the following financial questions is most relevant to the issue of the b
    13·1 answer
  • Which of the following scenarios describes an offer?a.Raoul asks Wendy if she would be willing to sell her first-edition copy of
    9·1 answer
  • Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer's responsibility?
    10·2 answers
  • Suppose the mean gpa of all students graduating from a particular university in 1975 was 2.30. the registrar plans to look at re
    9·1 answer
  • At the beginning of 2019, Emily Corporation issued 10,000 shares of $100 par, 5%, cumulative, preferred stock for $110 per share
    6·1 answer
  • Fun! Inc. had total sales of $ 480,000 in 2014. The total cost of goods sold was $ 400,000 and the administrative and sales cost
    9·1 answer
  • Which of the following situations would preclude an accountant from issuing a review report on a company's financial statements
    10·1 answer
  • 1988
    13·1 answer
  • A monopolist has market power because it Group of answer choices none of the Answers are Correct. Faces a downward-sloping deman
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!