1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jonny [76]
3 years ago
5

What is a criterion for adaptation when dealing with individuals, firms, or authorities in foreign countries

Business
1 answer:
Travka [436]3 years ago
7 0

Answer:

There are several criteria. I'm going to list all of them in the explanation box.

Explanation:

Adaptation is a major concept when we talk about international marketing. Having the willingness to adapt is a very important attitude.

These criteria are a guide to adaptation to everyone who wants to deal with individuals, firms, or authorities in foreign countries. They are 10 in number.

Number 1 criteria is open tolerance,

Number 2 is flexibility,

Number 3 is humility,

Number 4 is justice and fairness

Number 5 is the ability to adjust to varying tempos,

Number 6 is curiosity / interest ,

Number 7 is knowledge of the country

Number 8 is liking for others,

Number 9 is ability to command respect, and

Number 10 is ability to integrate oneself into the environment.

You might be interested in
Galatea Foods was founded in Greece by Galatea Chronos in 1978, and the company spread rapidly through Western Europe. Ms. Chron
Alina [70]

The company probably uses the multidomestic strategy.

<h3><u>What is a multidomestic strategy?</u></h3>
  • A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
  • Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
  • The structure of multinational corporations is described by an alternative use of the phrase.
  • International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.

Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.

Know more about multidomestic strategy with the help of the given link:

brainly.com/question/14989951

#SPJ4

4 0
1 year ago
What is the ending balance on the statement of changes in owner's equity for this data?
creativ13 [48]

The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.

A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.

Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.

Learn more about owner's equity here

brainly.com/question/24196918

#SPJ4

4 0
2 years ago
Both a call and a put currently are traded on stock XYZ; both have strike prices of $45 and expirations of 6 months.
pychu [463]

Answer:

a. Profit to an investor who buys call for $4

a. $ -4

b. $ -4

c. $ -4

d. $ 1

e. $ 6

b. Profit to an investor who buys call for $6.5

a. $1.5

b. $6.5

c. $ -1.5

d. $ -3.5

e. $ -8.5

Explanation:

The call option is a derivative in which an investor buys an option to buy the asset at a certain price. The value of the call option is determined by maturity. The buyer of call option can buy an asset at a strike price before expiration date.

If the investor buys the call option for $4 then the $4 is an expense for the investor. The value of call will be -4 unless the stock price is above $50.  

If the investor buys the call option for $6.5 then the $6.5 is an expense for the investor. The value of call will be -6.5 unless the stock price is below $50.  

6 0
3 years ago
A _____ is a person who will attest to your ability to perform a particular job.
Gnoma [55]
<span>A reference is a person who will attest to your ability to perform a particular job. A person has to face several examinations before he receives a job through an employer. Employers need to check the individual's background of previous performance, experience, and skills. A reference could provide the information needed for that examination.</span>
7 0
3 years ago
Read 2 more answers
You are considering an investment in fields and struthers, Inc, and want to evaluate the firm's free cash flow From the income s
kirill [66]

Answer:

A.) $81,100,000

B.) $64,000,000

C.) $17,100,000

Explanation:

EBIT = $90 million

Tax rate = 21%

Depreciation = $10 million

gross fixed assets increased by $56 million

current assets increased by $44 million

current liabilities increased by $36 million

A.) Operating Cash flow for 2021

EBIT + Depreciation - (EBIT × Tax rate)

$90, 000,000 + 10,000,000 - (90,000,000×0.21)

100,000,000 - (18,900,000) = $81,100,000

B.) Investment in Operating capital for 2021:

Increase in gross fixed asset + (increase in current asset - increase in liability)

$56,000,000 + ( $44,000,000-$36,000,000)

= $56,000,000 + $8,000,000

= $64,000,000

C.) Free cash flow

Operating Cash flow - investment in operating

$81,100,100 - $64,000,000 = $17,100,000

3 0
3 years ago
Other questions:
  • Suppose that corn farmers want to increase their total revenue. Knowing that the demand for corn is inelastic, corn farmers shou
    9·1 answer
  • Effective time management can help you deal with pressure. t or f
    13·2 answers
  • Garber Company lends Newell Company $20,000 on April 1, accepting a four-month, 6% interest note. Garber Company prepares financ
    5·1 answer
  • You borrow $8000 to buy a car, at an annual interest rate of 6%. Assume interest is compounded continuously. You make monthly pa
    13·1 answer
  • EcoFabrics has budgeted overhead costs of $1,077,300. It has allocated overhead on a plantwide basis to its two products (wool a
    8·1 answer
  • The following income statement and information about changes in noncash current assets and current liabilities are reported. SON
    6·1 answer
  • True or False: A real option embedded in a capital project gives the investing firm the right but not the obligation to buy, sel
    8·2 answers
  • Economic Growth (sometimes considered similar to GDP) can have a Business Cycle with which of the following?
    10·1 answer
  • Financial Statement Analysis Portfolio
    6·1 answer
  • In terms of total dollars in the state budget, the various service charges and fees in Texas provide ______ percent of total sta
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!