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Elodia [21]
3 years ago
10

Before going on his first business trip to China, Brad asked his Chinese-American friend to advise him on customs and values com

mon among the Chinese businesspeople he will likely encounter. Brad is trying to avoid __________ business blunders.
Select one:
a. cognitive
b. situational
c. cultural
d. reference group
e. evoked
Business
1 answer:
Alinara [238K]3 years ago
3 0

Answer:

C.

Explanation:

Cultural business blunder or cultural blunder is caused by the inappropriate use of language and are common problem in international professional communication.

Brad deciding to advice from is Chinese-American friends about customs and values is a good course of action in order to avoid cultural blunders which can be offensive most times and may lead to business failures.

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Describe at least two negative outcomes of having too little money and credit in the economy. (2-4 sentences) Answer:
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Having too little money and credit often means the level of money someone is borrowing is high. So they have little money and are paying finance charges. Second it becomes harder to take advantage of oppurtunities, so changing the situation is a challenge.

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Which of the following is a similarity between an industrial metrologist and a legal metrologist?
avanturin [10]

Answer:

is a

Explanation:

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How do banks create money? banks create money by ______. a. printing more $20 bills b. making loans c. sending out credit cards
Anestetic [448]

Banks create cash by using lending extra reserves to buyers and businesses. This, in turn, finally provides greater to money in circulation as dollars are deposited and loaned again.

The Fed does not really print money. This is treated through the Treasury Department's Bureau of Engraving and Printing.

<h3>How is money created in the economy?</h3>

Most of the money in our economy is created by using banks, in the form of financial institution deposits – the numbers that show up in your account. Banks create new money each time they make loans. 97% of the money in the financial system today exists as financial institution deposits, at the same time as simply 3% is physical cash.

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Commercial banks make cash through imparting and earning activity from loans such as mortgages, auto loans, business loans, and personal loans. Customer deposits provide banks with the capital to make these loans.

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3 0
1 year ago
Mega Corporation repurchased 1,000 shares of its $1 par value common stock for $8,000. The effect of this transaction on the acc
Nitella [24]

Answer:

Explanation:

Since in the question the shares are repurchased which impact the accounting equation in a negative manner

Accounting equation would be

Total assets = Total liabilities + Stockholder equity

The assets are decreased as it reduces the balance of cash account as well as it reduced the stockholder equity also by the same amount

4 0
3 years ago
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arlik [135]

Answer:

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It is known that a good credit score generally comes from a history of managing money responsibly. This doesn’t mean you shouldn’t borrow money though; in fact, companies often like to see a track record of timely payments and sensible borrowing. In Leon's case, he has no dealings with credit cards as he makes all his transaction with physical cash; therefore he has no credit score in any way.

Leon has to work towards improving his poor credit score or need to build up credit history from nothing.

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3 years ago
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