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AysviL [449]
3 years ago
10

When currency traders move as a herd in the same direction at the same time, such as what occurred when George Soros bet against

the British pound in 1992, a(n) _____ occurs.
Business
1 answer:
Nataly_w [17]3 years ago
4 0

Answer: Bandwagon Effect

Explanation:

The bandwagon effect is simply used to describe a scenario that occurs when people behave in certain ways simply because others are doing the same thing.

In this case, when currency traders move as a herd in the same direction at the same time, such as what occurred when George Soros bet against the British pound, this shows that a bandwagon effect occured.

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The income statement of Dolan Corporation for 2014 included the following items: Interest revenue $121,000 Salaries and wages ex
zalisa [80]

Answer:

$17,400

Explanation:

<em>Equation to be used is as follows: </em>Beginning Prepaid Insurance Expense balance + Cash paid for insurance premium - Ending prepaid insurance balance = Insurance expense

$3,000 + Cash paid - $2,200 = $18,200

$800 + Cash paid = $18,200

Cash paid = $18,200 - $800

Cash paid = $17,400

So, the cash paid for insurance premiums during 2014 was $17,400

4 0
3 years ago
With reference to the Hofstede's framework, USA is one of the most individualistic countries. Thus, he adopts ___________ plan i
mel-nik [20]

With reference to Hofstede's framework, the USA is one of the most individualistic countries. Thus, he adopts Hofstede's framework plan in order to better motivate employees in the US.

<h3>Description of Hofstede's framework</h3>

As the business world becomes more global, employees will likely face someone from another country at some point in their careers, companies will negotiate with companies from other countries, and even employees of domestic companies will likely encounter someone from another country.

Furthermore, trends suggest that immigration, the movement of individuals from their home country to other countries, will still grow worldwide, a process that may contribute to creating companies’ Hofstede's framework increasingly diverse. Additionally, many multinational companies depend upon expatriates to run their local operations.

Hofstede's framework is a foreign employee who moves to and works in another country for an extended period of their time. All of those trends mean that in your career you're likely to encounter someone from a special culture in which the potential for cross-cultural tensions is high.

It's therefore important for any international management student to grasp culture to raise steel oneself for handling such tensions.

To learn more about Hofstede's framework  refer to :

brainly.com/question/14748459

#SPJ4

6 0
2 years ago
Noble Company’s accounts receivable turnover was 18.2 in Year 1 and 24.6 in Year 2. This change in accounts receivable turnover
Vsevolod [243]
Suppose the sales increased by 50% in year 2 then it would be normal if the account receivable increased by 35%. However, I need to see the company accounts to understand what is going on. If the turnover is still the same then we can say that clients are paying slower.
8 0
3 years ago
Read 2 more answers
A pricing strategy in which a manufacturer pays for the shipping cost of its merchandise to the wholesaler is called ____ pricin
Sloan [31]

Answer:

FOB destination

Explanation:

FOB destination pricing. FOB destination is an acronym for Free on Board destination. This means that the buyer takes delivery of goods being shipped to it by a supplier once the goods arrive at the buyers receiving dock , the sellers pays and bears the freight charges and it also owns the goods while they are in transit.

6 0
3 years ago
Aggregate demand shifts right if a. government purchases increase and shifts left if stock prices rise. b. government purchases
max2010maxim [7]

Answer:

The correct answer is option b.

Explanation:

Aggregate demand represents the overall demand of goods and services in the economy in a year. It is comprised of consumption spending, investment, government spending, and net exports.

An increase in the government spending will increase the aggregate demand, so the aggregate demand curve will shift to the left.

A decrease in the stock prices, on the other hand, will cause the aggregate demand to fall, shifting the curve to the left. This happens because decrease in stock prices causes the wealth of the investors to decline. The consumer spending decreases and so does aggregate demand.

8 0
4 years ago
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