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Elena L [17]
3 years ago
8

Why understanding culture is important to business around the word?​

Business
1 answer:
Kamila [148]3 years ago
8 0

Answer:

Understanding a country's culture is a sign of respect. It also helps to foster effective communication, a vital factor in business success. ... Values and attributes such as frugality, trust and endurance may be viewed differently in other countries.

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on its advertisement, a company claims that it has funds in its possession that are in fact not available for payment of losses
MatroZZZ [7]

Answer:

Misrepresentation.

Explanation:

In this scenario, on its advertisement, a company claims that it has funds in its possession that are in fact not available for payment of losses or claims. The company is guilty of misrepresentation.

Misrepresentation can be defined as an untrue or misleading statement of fact made by a party to an individual or group of people to deceitfully lure or induce them to go into a contract. A company stating in its advert that it has funds in its possession but in the true sense or actual fact do not have the funds for payment of losses or claims; such a company is engaging in a fraudulent act and is liable to prosecution in any court of competent jurisdiction.

8 0
3 years ago
References that employers trust for the most accurate reporting include
Aliun [14]

Answer: counselors

Explanation:

References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.

It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.

8 0
3 years ago
Read 2 more answers
A firm receives the proceeds from the sale of its securities in the _________________ market. over-the-counter secondary New Yor
harkovskaia [24]

In the stock exchange market, a firm does receives the proceeds from the sale of its securities in the primary market.

<h3>What is primary market in stock exchange market?</h3>

Basically, the primary market is the market where securities are created and sold to the public by various firms.

In this market, different firm sells new stocks, bonds etc to the public for the first time.

In conclusion, in the stock exchange market, a firm does receives the proceeds from the sale of its securities in the primary market.

Read more about primary market

<em>brainly.com/question/3904762</em>

8 0
2 years ago
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company
Monica [59]

Answer:

$91

Explanation:

Given the following information,

Direct materials per unit = $54

Direct labor per unit = $20

Variable overhead per unit = $6

Fixed overhead for the year = $462,000

For Absorption costing method, it includes all costs associated with production, including fixed and variable cost. The unit product cost is calculated using direct material, direct labor and total unitary manufacturing overhead.

Unitary cost = (Fixed overhead for the year / Units produced) + Direct materials per unit + Direct labor per unit + Variable overhead per unit

Unitary cost = ($462,000 / 42,000) + $54 + $20 + $6

Unitary cost = $11 + $54 + $20 + $6

Unitary cost = $91

Therefore, the product cost per unit is $91

5 0
3 years ago
Kermit is considering purchasing a new computer system. The purchase price is $133,063. Kermit will borrow one-fourth of the pur
lesya [120]

Answer:

NPV =  $20,040.35  

Explanation

The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project.

NPV = PV of cash inflow - PV of cash outflow

We can set out the cash flows of the project using the table below:

Annual net cash inflow = Savings - Technician cost = 61,427- 20,000

                                       = $41,427

PV of Cash flow= $41,427  × (1-(1.12^(-5))/0.12=  149,335.06  

PV of salvage value = 1.12^(-5)×$6,641 =  3768.281749

NPV = 149,335.06  + 3,768.281  -133,063= 20,040.35  

             

7 0
3 years ago
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