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-Dominant- [34]
2 years ago
12

"Analyze why the principled negotiation would be the most suitable strategy in international trade negotiation? Take examples to

support your answer."
I have to write a report of 15-20 pages to answer this. Any help please :(?
Business
1 answer:
erica [24]2 years ago
6 0

The reason principled negotiation would be the most suitable strategy in international trade negotiation is because it helps a party to leverage his/her principles of the opponent to win the negotiation.

The principled type of negotiation is recognized as an interest-based class of  negotiation.

  • A principled negotiation is known as a winner-take-all style of negotiation that is focused on a specific goal of winning.

  • In a principled type of negotiation, there are no space for consideration of other party’s needs and requirements.

  • However, a principled negotiations is limited because it can fail to settle dispute or conflict even if a parties has the highest intentions and negotiating skills.

In conclusion, the reason principled negotiation would be the most suitable strategy in international trade negotiation is because it helps a party to leverage his/her principles of the opponent to win the negotiation.

Read more about principled negotiation

<em>brainly.com/question/6106694</em>

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According to the menu cost theory, firms will be slow in changing their prices because:
Sladkaya [172]

According to the menu cost the firms would be slow to changing prices because .the cost of changing the price might exceed the additional profit the price change would generate.

<h3>What is the menu cost theory?</h3>

This is the theory in the field of economics that helps to ensure the reflection of the effect of the change in price to an establishment.

According to this theory, the the cost of changing the price might exceed the additional profit the price change would generate.

Read more on the menu cost theory here:

brainly.com/question/4953989

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6 0
2 years ago
Plimpton Company produces countertop ovens. Plimpton uses a standard costing system. The standard costing system relies on direc
Korolek [52]

Answer:

Explanation:

Hours Required Per Unit = 2

Production Volume = 100,000

Total Hours required = 200,000 units

1. The standard fixed overhead rate will be:

= Fixed overhead/Total hours required

= $770,000/200,000

= $3.85/hour

The standard variable overhead rate will be:

= Variable Overhead /Total Hours required

= $440,000/200000

= $2.22 /hour

2. The applied fixed overhead will be:

= standard fixed overhead rate × actual production × hours required per unit

= 3.85 × 97000 × 2

= $746,900

The applied variable overhead will be:

= standard variable overhead rate × actual production × hours required per unit

= 2.22 × 97000 × 2

= $430,680

The total fixed overhead variance will be:

= Actual overhead - Standard overhead

= $435600 - $430680

= $4920

The total variable overhead variance will be:

= $780000 - $746900

= $33100

3. The spending variance of the total fixed overhead variance will be:

= (3.85 × 200000) - 780000

= -10000

The volume variance of the total fixed overhead variance will be:

= 746900 - (3.85 × 200000)

= -23100

4. The variable overhead spending variance will be:

= (2.22 × 196000) - 430680

= -480

The variable overhead efficiency variances will be:

= 430680 - (2.22 × 196000)

= -4440

5. Based on the information given, the variances will be:

Volume Variance = -23100

Efficiency Variance = -4440

Spending Variance = (-480-10000) = -10480

8 0
3 years ago
Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the di
Anuta_ua [19.1K]

Answer:

False

Explanation:

US GAAP requires companies to comply with all their standards and interpretations, and all their disclosure requirements also. Therefore, any company claiming to comply with US GAAP must comply with all the standards and disclosure requirements, not only the once they choose or like.

5 0
3 years ago
ABC Bookstore sells packages of books that include both new and used
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Answer: there should be 8 new books in each package and there should be 24 used in each package.

Explanation:

8 time 17 is 136 then you add 24 times 7 and you get 168. Then you add that together to get a total of 304 dollars

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3 years ago
After several years with the publishing house that Jessica started at after college, she has been promoted to manager of the fic
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