<span>Cross cultural preparation refers to training employees on overseas work assignments to work through national and cultural boundaries.
When an employee is selected by the organization for the position in a foreign country. It must prepare the employee for the overseas work assignment. This is cross cultural preparation in which employee will be trained for overseas work assignments through national and cultural boundaries. </span>
The implicit cost is $61,000.
<h3>What is the implicit cost?</h3>
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
When you decide to start the business, you forgo the amount you earned from your job and the interest you were earning.
$60,000 + 1,000 = $61,000
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Answer:
LaShawn's neighbor mows his lawn during the night.
DEPENDING ON HOW OFTEN LASHAWN'S NEIGHBOR MOWS HIS LAWN, A PRIVATE BARGAINING MIGHT BE USEFUL. IF THIS HAPPENS ONCE A MONTH, THE NEED OF INTERVENTION IS NOT SIGNIFICANT. BUT IF THIS HAPPENS MORE OFTEN, PROBABLY THEN BOTH MEIGHBORS WILL NEED TO BARGAIN AN OPTIMAL SOLUTION.
Opening an Apple store in a mall causes overall sales in the mall to increase by 10%.
THIS IS A POSTIIVE EXTERNALITY, THEREFORE, ANY TYPE OF INTERVENTION WILL PROBABLY MAKE THE SITUATION WORSE.
The production of steel results in pollution that affects millions of residents in the surrounding area.
IN THIS CASE, YOU NEED GOVERNMENT INTEREVENTION. POLUTION IS SOMETHING THAT AFFECTS THE GEENRAL PUBLIC, THEREFORE, IT MUST BE ADDRESSED BY THE EPA. IN CASE THE EPA AND OTHER GOVERNMENT INSTITUTIONS DECIDE TO DO NOTHING, THEN YES, PRIVATE BARGAINING WILL PROBABLY BE NECESSARY.
Answer:
Capital Expenditures
Explanation:
Capital Expenditures -
It is the total amount which is spend on the tangible assets which used for more than an year for the business , is known as capital expenditures .
It is also known as Capex .
It increases the amount of service an
hence , from the question information , the correct term according to the given information is Capital Expenditures .