Answer:
The correct answer is A) the substitution effect
Explanation:
In other words, the substitution effect is when sales fall because the consumers change into cheaper alternatives when its price rises.
Explanation:
Here Initial amount = $10,00,000
Nominal Interest Rate = 9.2%
inflation Rate = 5%
Real Interest Rate = 4%
in question it was asked to give in real then we will use the real discount rate to know annual spent amount
Present Value = PMT×PVIFA ( at 4% and 20 years)
Therefore, PMT = Present Value of Cash / PVIFA ( at 4% and 20 years)
= 1000000 / 13.5903
= $73581.75
Where, PMT = Annual Spent Amount
PVIFA = Present Value interest Factor Annuity
Answer:
E. identifying resources and capabilities in the company's home market.
Explanation:
Expanding into international markets gives a company access to new markets, thereby increases the number of its customers. The company will have to increase its production to cater to a large number of customers. Bulk production results in the company enjoying economies of scale.
For a company to enjoy to consider international markets, it must have already identified its capabilities in the domestic market. The reason for seeking foreign markets if to fully exploits its existing capabilities and resources. Expanding to international markets involves building on the already identified resources and abilities.
It has a microchip built into it that you would insert into a machine instead of swiping it.
Answer:
The correct answer is A geocentric.
Explanation:
According to Simon L. Dolan in his book "Human Resource Management", there are four approaches to international human resource management:
- Ethnocentric approach: According to this, the headquarters controls the human resources activities, and it is the expatriates from the country of origin who run the subsidiaries.
- Polycentric approach: Each country is treated as an independent entity, in which some decisions are made locally.
- Regiocentric approach: staff can be promoted within a region, but usually never to headquarters.
- Geocentric approach: A transnational philosophy is adopted, seeking personnel with the highest qualification regardless of their nationality.
The process of expatriation of employees constitutes one of the greatest challenges that the organization faces throughout the process.
