In China, it is considered a norm to give carefully chosen gifts to those one is doing business with. True False

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Answer 1

As regards the statement on giving a carefully chosen gift to those you do business with in China being a norm, this statement is True.

What is considered a norm in Chinese business?

The Chinese believe that when you do business with someone, you should present them with a carefully thought out and chosen gift.

This shows great respect for your business partner, and can help negotiations to go along more smoothly.

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Related Questions

Investment revenue is reported in connection with a statement of cash flows as: Multiple Choice An operating activity. An investing activity. A noncash activity. A financing activity.

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Investment revenue is recorded and reported in connection with a statement of cash flow in investing activity.

What is Investment Revenue?

Investment revenue is referred to the profits generated on capital invested. This is usually interest and dividends gained on a company's investment in other firms' stocks and bonds.

The cash flow from investing activity assists in reporting and recording cash changes resulting from the acquisition of property, plant, as well as, equipment.

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Francisco owns a swim shop and has advertised mainly in print media. Now Francisco has decided to slash his advertising budget and to focus on promotional methods that will generate an immediate increase in sales. He is using _______.

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Francisco operates a swim business and has primarily marketed in paper. Francisco has now chosen to cut his advertising budget in half and concentrate on promotional strategies that will result in an instant boost in sales. He makes use of direct marketing.

What is direct marketing?

Direct marketing is defined as a kind of advertising that is aimed at a single person or business firm in bidding to create new business, better the chart of a company or merchandise, or make a sale.

Direct marketing includes methods such as direct mail, telemarketing, and email marketing.

Therefore, the Francisco is using the direct marketing approach by the use of print media.

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Why is workplace diversity important for the success of the company?

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A diverse workforce is more likely to understand your customers' needs and come up with ideas to fulfill them. Diversity in the workplace will also increase employee morale and instill a desire to be more effective and work more efficiently. This will greatly increase the productivity of your business.

You purchase a farm for $1,000,000 in cash. A local farmer rents the land to grow wheat and this pays your real estate taxes and insurance. After five years you can sell for $2,000,000. If inflation is 3% per year, what is your real rate of return on the investment

Answers

Answer:

You get a return rate of 162.06%

Explanation:

You start off with 1 mil in profit, but you must then add the inflation rate. It says inflation increases by 3% each year, so you cannot just take 15% of it but rather take away 3% the first year, increase it to 6% the next year, 9% the third year, 12% the fourth year, and 15% the last year.

for example, 1,000,000 * .97 = 970,000

then take 970,000 and multiply by .94 to get 911,800.

Then, continue until you get to .85 to get:

620,644.024. Because you want to find how much you made, you put 1,620,644.024 and divide by the original amount 1,000,000 to get approximately 162.06%.

Jodi needs to protect her company's network from internal threats. What methods can she use?
require employees to change passwords weekly
add more peripherals
use broadband services
establish access privileges
require logins for network access

Answers

Require logins for network access & establish access privileges.

(Not sure if I’m right but it’s what I think)

Jodi need to establish access privileges and require logins for network access to protect her company's network from internal threat.

What is a internal threat?

An internal threat is someone from within a company who could exploit a system in order to cause damage or steal data. These types of threats are especially concerning because employees are expected to be trustworthy individuals who are given extended privileges that can easily be abused.

Internal cyber security threats are those presented by individuals within an organization. They could be current or former employees, outside contractors, or vendors. Anyone who has access to company devices or data. The access to the company's network  needs to be controlled and secure login procedures should be formed.

Therefore, access privileges and login requirements for network access can protect company's network from internal threats.

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The direct result of disaggregating the aggregate plan is the Multiple Choice marketing plan. production plan. material requirements plan. rough-cut capacity plan. master schedule.

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Master Schedule is the direct result of disaggregating the aggregate plan to identify the timeframe of individual items ahead of time.

What is disaggregating of aggregate planning?

Disaggregating an aggregate plan entails disintegrating or breakdown of an aggregate plan into individual product specifications in order to assess labor ( size, workforce, or skills), resources, and inventory needs.

The aggregate plan is disaggregated into a master schedule, which displays the amount and timing of individual end items over a projected timeframe of roughly 6 - 8  weeks ahead.

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According to jeremy siegel, since 1802, stocks outperformed bonds how often?.

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Jeremy Siegal showed that since 1802, stocks outperformed bonds in 69% of rolling 5-year investing periods.

How often do stocks outperform bonds?

Research by Jeremy Siegal showed that 69% of the time in 5-year investment periods, stocks would outperform bonds.

This was most probably due to stocks having higher returns overtime, and being more sensitive to economic performance which brought more or less returns to the stockholder.

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A store devotes more space to bicycles so it now has less space for books. This is an example of what decision-making relationship for the rational firm

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A store devotes more space to bicycles so it now has less space for books. This is an example of profit maximization principle.

What is profit maximization principle?

The Profit Maximization principle helps a firm or business to increase its profits using marginal cost and revenue. Such that both the cost and revenue are equal.

The firm invest in producing at the minimum cost and getting enough profit.

Therefore, A store devotes more space to bicycles so it now has less space for books. This is an example of profit maximization principle.

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If both the nominal interest rate and the expected inflation rate increase, what will happen to the real interest rate?.

Answers

Answer:

If the nominal interest rate and expected inflation rate both increase at the same rate, which means the inflation premium is compensated, the real interest rate will remain unchanged.

Explanation:

Anthem Company has 100,000 shares authorized, 96,000 shares issued, and 23,000 shares of treasury stock. Determine the number of shares outstanding.

Answers

The number of outstanding shares is 73,000 shares.

What are the outstanding shares?

Shares outstanding refer to a company's stock that is currently held by all its shareholders.  They exclude treasury stock, but include:

Block shares held by institutional investors Restricted shares owned by the company's officers and insiders.

Outstanding shares appear on a company's balance sheet under “Capital Stock.”

Data and Calculations:

Authorized shares = 100,000

Issued shares = 96,000

Treasury stock = 23,000

Outstanding shares = 73,000 (96,000 - 23,000)

The number of outstanding shares is 73,000 shares.

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An institutional review board (IRB) helps to ensure the safety of subjects of review. Who typically sits on such a board?
A. Academic scholars
B. Literaturer
C. All of above
D. None of these

Answers

Answer:

The answer to your question is A. Academic scholars

Explanation:

Institutional review boards are most often found at research universities. These boards have the ability to stop a research project if they have concerns about the safety of the subjects.

Alfred has set up a company. On day 1 he bought inventory, paying 6,000.0 on credit, due for payment on day 10. On day 2 he makes a credit sale of all his inventory for 12,500.0, due for payment on day 12. Calculate operating working capital at the end of day 11.

Answers

The operating working capital that Alfred is going to have at the end of the day would be $12500.

How to solve for the working capital

The formula for the working capital = current assets - current liabilities

Current assets = $12500

current liabilities = 0

This is because, by the 10th day, he is supposed to have paid account payable.

The working capital would be = $12500 -0

= $12500

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Question 4 of 10
Which of the following best explains why property rights are necessary in a
free-market system?
O A. The government cannot plan an efficient economy without
passing laws.
OB. Market forces only work when everyone owns some property.
OC. Property rights allow consumers and producers to make free
choices.
D. Competition cannot exist if some own property and others do not.

Answers

The answer is oc

hope this will maybe help

If the Federal Reserve raises interest rates, what is the likely effect on tax receipts, interest expenses, and the budget deficit

Answers

Answer:

When interest rates increase, it affects the ways that consumers and businesses can access credit and plan their finances.

Germaine operates a florist shop in a busy section of town in which there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run. Germaine is operating in a(n):

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Germaine is operating in a perfectly competitive market. As there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run.

What is perfectly competitive market?

Perfectly competitive market is considered when all the competitors have same items and has no influence on pricing, and companies can enter and exit the market at any moment.

The market without restriction, customers have perfect or complete information, and companies are unable to set prices, according to economic theory.

Thus, the situation is of perfectly competitive market.

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If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American dollar, how many American dollars are required to buy a product that costs 2.5 Canadian dollars

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If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American dollar, 2.81 American dollars are required to buy a product that costs 2.5 Canadian dollars.

What do you mean by nominal exchange rate?

The nominal exchange rate refers to the number of units that a domestic currency can purchase the units of a given foreign currency.

As per the given information, 0.89 Canadian dollars per American dollar is the nominal exchange rate. Simply buy a product that costs 2.5 Canadian dollars, 2.81 American dollars are required (2.5/0.89).

Therefore, 2.81 American dollars are needed to buy a product that costs 2.5 Canadian dollars.

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If other things are held constant, an increase in the United States imports will

A. Tend to cause the dollar to appreciate because the world supply of dollars will rise.

B. Tend to cause the dollar to appreciate because the world demand for dollars will rise.

C. Have no effect on the exchange rate for the dollar because exports will also increase.

D. Tend to cause the dollar to depreciate because the world supply of dollars will rise.

E. Tend to cause the dollar to depreciate because the world demand for dollars will rise

Answers

Other things remaining constant, increased US imports will D. Tend to cause the dollar to depreciate because the world supply of dollars will rise.

What is the implication of increased United States imports with other factors constant?

With increased imports by the United States, and if all other factors are held constant, the supply of dollars will increase.

When the supply of dollars increases without a corresponding increase in demand, the dollar will depreciate or lose its value relatively.

Thus, if other things remain constant, increased US imports will D. Tend to cause the dollar to depreciate because the world supply of dollars will rise.

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Within each of the three larger categories, best practices are categorized by ____ stages of process improvement.

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Within each of the three larger categories, best practices are categorized by four stages of process improvement.

What is Process Improvement?

Process Improvement serves as the proactive task of identifying as well as analyzing existing business processes within an organization.

The four stages of process improvement are;

Identify the need for change identify the need for change.Analyzing current processSeek commitment and support.Look for improvement strategy

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The period of time during which interest must be capitalized ends when.

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The period in which interest must be capitalised ends when a fixed asset is certified okay for use

Capitalized Cost

Cost can be capitalised when organisations, firms purchase fixed assets, although the value is subsetible to depreciation over a period of time.

However, the idea behind cost capitalisation so that the asset still generate renue even though it will depreciat over time.

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A company reports sales of $10,000,000, income of $2,000,000, and average assets of $25,000,000. Return on investment equals:

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Return on investment for the company equals 8%

What is Return on investment(NOI)?

Return on investment (ROI) is used to measure the capacity of an investment, or to compare it among other investments.

The basic formula for ROI

= Net Income / Total Assets * 100

=  $2,000,000 / $25,000,000 * 100

= 0.08 * 100

= 8%

Hence, Return on investment for the company equals 8%

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ABC reports dividends per share of $1.40 and net income for the year of $140,000. The current stock price is $14.00. What is ABC's dividend yield

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The ABC's dividend yield when the ABC reports dividends per share of $1.40 and net income for the year of $140,000. The current stock price is $14.00 is 10%.

What is yield?

The yield on a security is defined as the measurement of the ex-ante instrument to a safety holder in financing.

It is a cardinal part of the return on an investment, with some other being the change in the security's market price.

The formula of calculating the yield is:

[tex]\text{Dividend Yield} =\dfrac{ \text{Dividend Per Share}}{\text{Current Stock Price}} \times 100[/tex]

According to the given information,

Dividend Per Share= $1.40,

Net Income= $1,40,000

Current Price= $14

Now, apply the formula in the given formula,

[tex]\text{Dividend Yield} =\dfrac{ \text{Dividend Per Share}}{\text{Current Stock Price}} \times 100\\\\\text{Dividend Yield} =\dfrac{1.40}{\$14}\times 100\\\\\text{Dividend Yield} =10\%[/tex]

Therefore,  ABC's dividend yield is 10%.

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When all authorized shares of a corporation’s stock have the same rights and characteristics, the stock is called: Multiple Choice Preferred stock. Common stock. Par value stock. Stated value stock. No-par value stock.

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When all authorized shares of a corporation’s stock have the same rights and characteristics, the stock is called a common stock.

What is a common stock?

A common stock gives the holder ownership rights in the public company that issues the stock. Common stocks are issued to raise capital for business operations.

Common stocks gives the holder to receive dividend and it grants the holder voting rights.

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Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,900; and selling expenses, $45,290.

Answers

Based on the costs given including direct materials, direct labor, and factory overhead, the conversion costs would be $384.,200.

What is the conversion cost?

This is the cost incurred by the business to convert raw materials to finished goods.

This can be found by the formula:

= Direct labor + Factory overhead

Solving gives:

= 196,300 + 187,900

= $384,200

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Negative externalities that might occur in the South african economy due to the ukraine war

Answers

During the Ukraine war, the negative externalities that might affect the South African economy can be food security and trade which resulted in disturbances in financial security.

What is the meaning of negative externality?

The negative externality refers to the cost borne by a third party due to the outcome of an economic transaction of another party.  Another party can be the manufacturer of the goods and the third party can be the individuals or organization.

The negative externalities that affect the economy of South Africa due to the Ukraine war can be the trading between both countries. The foods that they imported from Ukraine are becoming very difficult. This results in rising prices of food in South Africa which affects the individuals of the country due to which they started buying lesser goods.

Therefore, the imported food items and the trading affected a lot of the South African economy due to the Ukraine war.

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Has the participant made informed job choices in the past?.

Answers

Answer:

Yes!

Explanation:

I hope this helps you! :)

Taking well-informed decisions also encourages thinking beyond the traditional career choices and thinking different and beyond the usual. It also helps find the passion in lives and how they can use the passion to build a career or bring about passion in what they do by choosing to align on values and thinking.

How do you make informed choices?

Here are seven steps to help you make informed decisions:

Identify the problem. Collect data and information. Brainstorm all possible alternatives. Weigh the alternatives. Take your pick. Enact a plan. Review the decision.

What is an informed decision example?

An example of informed is someone making the decision to attend a specific school after researching what the school has to offer them; an informed decision.

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The ________ documents the portion of work to be purchased, in enough detail so potential suppliers can decide if they feel they are capable of and interested in providing it.

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The procurement statement of work documents the portion of work to be purchased in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.

What is procurement?

Procurement can be defined as a terminology that is used to connote the purchase of raw materials, items or resources from suppliers, which are used by business firms for the manufacturing of other finished goods and services.

Basically, the procurement statement of work is typically used to document the portion of work to be purchased by an entrepreneur or business firm in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.

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Your manager tells you that a project design is confidential. What should you do?

Answers

Answer:

listen to him and try and talk about it with him and dont tell nobody else about it...

Explanation:

Anna is creating a personal balance sheet. she plans to list these items. bank account jewelry health insurance rent which statements about the balance sheet are correct? select three choices. health insurance, and rent will be listed in the liabilities column. anna will need to find the total value of her jewelry and bank account. the period of the balance sheet will be one year. anna will add the value of the assets and subtract the value of the liabilities. the items in the table will be listed in four columns.

Answers

True statements about Anna's balance sheet are:

Anna will need to find the total value of her jewelry and bank account. The period of the balance sheet will be one year. Anna will add the value of the assets and subtract the value of the liabilities.

What goes into the Balance Sheet?

The balance sheet includes the totals of assets which includes Anna's jewelry and the cash in her bank account. She will then add the value of these assets and subtract the liabilities to find the Net Asset Value.

The period of the balance sheet will be a year because the Balance sheet shows the statement of one's financial position over a year.

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Answer:

A, B, D

Explanation:

:)

The trade-weighted value of the U.S. dollar measures:
A. the worth of the dollar compared to major U.S. trading partners'
currency.
B. the number of dollars needed to buy a specific set of consumer
goods.
C. the rise and fall of the dollar's value relative to U.S. gold and silver
reserves.
D. the confidence international investors have in the dollar as a
reserve currency.

Answers

Answer:

B.the number of dollars

Explanation:

because i passed the preteset withh 100

Stockit, Inc. issued 100,000 shares of the 1,000,000 shares it is allowed to issue. Stockit has repurchased 10,000 of its own shares. The number of shares authorized equals ______ shares.

Answers

Based on the number of shares that Stockit, Inc. were allowed to issue, the number of authorized shares is 1,000,000 shares.

What are authorized shares?

This refers to the maximum number of stock that a company is allowed to offer to the market/ investors.

In this case, Stockit Inc. were allowed to issue a maximum of 1,000,000 shares which means that this is the authorized share capital.

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