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2 years ago

An international organization created in 1958 to make trade easier among member nations:

2 answers:

8 0

<span>European economic community was formed by the European Union we can trace its origins from the European Coal and Steel Community and the European Economic Community formed in 1951 and 1958 respectively by the Inner Six countries of Belgium, France, West Germany, Italy, Luxembourg and the Netherlands. There main purpose of forming the organization is to promote greater social, political and economic harmony among the nations of Western Europe.</span>

Veseljchak [2.6K]2 years ago

4 0

The answer is "<span>EEC or European Economic Community".
</span>
The EEC was otherwise called the Common Market in the English-speaking nations and sometimes alluded to as the European Community.
The European Economic Community (EEC) was a provincial association which expected to achieve financial combination among its part states. The European Economic Community (EEC), the most noticeable case of a free trade region, really is the thing that financial experts call a customs union.

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:- How might U.S. pharmaceutical companies and U.S. consumers benefit from the rise of the Indian pharmaceutical industry?

lesantik [10]

Answer:

Due to the rise of the India's pharmaceutical industry the US pharmaceutical companies benefit by the increase in volume of sales due to the low costs of imports.

The U.S. consumers benefited from rise in Indian pharmaceutical industries, because of lower cost medications, insurance, copays as well as out of pocket expenses and greater financial flexibility that offers pharmaceuticals developed at lower research and development (R&D) cost.

Explanation:

Due to the rise of the India's pharmaceutical industry the US pharmaceutical companies benefit by the increase in volume of sales due to the low costs of imports.

The U.S. pharmaceutical companies have major benefits from India because the people from India see others inputs instead of the goals for themselves and America is seen as an individualistic culture and there is lower power distance in America due to the fact that everyone is created equal which is why within America, people often to seek their own personal goals instead of the good of others.

Furthermore America is more concerned about self while India seeks to help the world globally which is why two different counties have to adapt to policies and procedures to respect exporting trade rights and this policy is known as the World Trade Organization.

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2 years ago

In which workplace are workers least likely to be injured by heavy equipment? a greenhouse a slaughterhouse a farm a quarry

Norma-Jean [14]

The answer is green house.

6 0

3 years ago

Read 2 more answers

What amount of cash would result at the end of one year, if $15,000 is invested today and the rate of return is 8%

Leona [35]

Answer:

Amount of cash at the end of one year is $16,200

Explanation:

Amount invested = $15,000

Rate of return = 8%

Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200

6 0

3 years ago

The chief executive of a large telecommunications company wanted to restructure the organization so product leaders would have m

katen-ka-za [31]

This kind of resistance from the product leaders is an example of resistance due to breaking routines. Furthermore, there are more types of resistance to change in an organization's culture & structure.

EXPLANATION:

Here is the list of types of resistance to change in an organization’s culture and structure:

• Fear of Failure

Intimidating cultural and structural alterations on the employee can make them doubt their competences. This self-doubt decreases self-confidence and weakens personal development and growth. The workers may resist such alterations without bearing in mind the potential profits of the proposed alterations, as a consequence. The low output might be understood before the workers finally learn and adjust to life with the alterations.

• Loss of Status

Cultural and structural alterations that intimidate to change dominant positions or remove jobs commonly cause strong resistance. Restructuring and reorganization of corporate may include managerial jobs elimination. Middle managers will oppose restructuring and any other agenda that decreases their power and the status they already possess in the organization.

• Non-Reinforcing Reward System

People resist when they do not predict positive prizes for altering their work routines. Workers presume a positive development in their work to voluntarily accept the alteration. A worker is unlikely to help an alteration that is recognized as longer work hours and enlarged pressure to perform.

• Incongruent Group Dynamics

Groups grow and apply conformity to a series of norms that lead the members' behavior. However, conformity to prevailing group norms may deject workers from receiving organizational change. Group norms that disagree with the desired changes need alteration, while the cultural and structural norms that succeed to enhance the organization need promotion.

• Breaking Routines

Individuals are creatures of habit and see it difficult to abort behavioral customs that the organization think through no longer suitable. They prefer comfort zones by remaining routine role patterns. Hence, people oppose cultural and structural changes that push them out of their comfort zones and need devoting more energy and time acquiring new role patterns.

LEARN MORE

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• A company provides wages to its employees based on the amount workers produce. the more employees produce, the more they earn. this type of plan is called? brainly.com/question/6382273

KEYWORDS : Resistance to change, organization’s culture and structure

Subject : Business

Class : 10-12

Sub-Chapter : Organizational Behavior

8 0

3 years ago

Determine the amount of money that must be invested now (time 0) at 10% nominal interest, compounded monthly, to provide an

Veseljchak [2.6K]

Answer:

the amount of money that must be invested now is $21068.87

Explanation:

Given that:

Nominal interest = 10%

Annuity = 7000

n = 8 years

The Effective interest rate is calculated by using the formula:

Effective interest rate = $( 1 + \dfrac{r}{100 \times n})^n-1$

Effective interest rate = $( 1 + \dfrac{10}{100 \times 8})^8-1$

Effective interest rate = 0.1045

Effective interest rate = 10.45 %

Thus ; the the amount of money that must be invested now is the present value with the annuity of $7, 000 per year for 12 years, starting eight years from now.

$PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})$

PV = 7000 × 6.666056912 × 0.4515171371

PV = $21068.87

Thus; the amount of money that must be invested now is $21068.87

4 0

3 years ago