NOUN
something pledged as security for repayment of a loan, to be forfeited in the event of a default
ADJECTIVE
additional but subordinate; secondary.
Answer:
differences in languages, customs, and culture might make the campaign meaningless and ineffective in some markets.
Explanation:
Cultural uniqueness should be considered by the client before the campaign is rolled out globally.
Due to culture shock the content that will be effective in attracting clients in the United States may have an opposite effect in another country.
So before global rollout, the campaigns should be customised to each culture that it is targeting to reduce rejection rate due to culturally unaccepted content.
Answer:
The correct answer is: the productive skills and knowledge that workers acquire from education and training.
Explanation:
Human capital is the intangible assets possessed by individuals or groups that can produce economic value. These assets can be education, health, intelligence, training, loyalty, punctuality, etc.
Human capital improves the productivity of physical capital by using it more efficiently. In a firm, it improves productivity and profitability. The firm though does not include it on its balance sheet. It is the economic value of the skills and experience of workers.
<h3>In the above scenario, World Corp. engaging in Compensation trade
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Explanation:
Compensation trade is a type of countertrade procedure in which an incoming investment is repaid from the income generated by that investment.
In compensation trade, an investor is repaid by a share of the proceeds or outcomes produced by the goods and services provided by the investor.
Compensation trade is a type of barter where one of the flows is partly in commodities and partly in hard currency.
World Corp. take partial payment for the plant in the form of lumber products produced at the plant is a Compensation trade.