Managers at the Blue Dragon Inc., an international company with operations in China and the United States, are often heard complaining about the difficulties in achieving synergy and cooperation between the employees of both the countries. After extensive research it was concluded that the cultural differences between these countries, which resulted in different work-related values, caused the lack of cooperation. In order to effectively tackle this problem, Blue Dragon Inc. should

Answers

Answer 1

Answer:

Explanation:

In order to effectively tackle this problem, Blue Dragon Inc. should vary its management processes and practices to account for these differences. By varying these processes and practices they are applying the best of both cultures into their company, thus allowing the companies in each country to better understand how the other one functions. This will drastically increase communication and cooperation between these two international company's.


Related Questions

Action Travel has 10 employees each working 40 hours per week and earning $20 an hour. Federal income taxes are withheld at 15% and state income taxes at 6%. FICA taxes are 7.65% and unemployment taxes are 3.8% of the first $7,000 earned per employee. What is the actual direct deposit of payroll for the first week of January

Answers

Answer:

$5,708

Explanation:

Computation of the actual direct deposit of payroll for the first week of January

The First step is to find the total salary expenses

Total salary expenses= 10 employees × 40 hours × $20

Total salary expenses= $8,000

Second step is to calculate the actual direct deposit of payroll

Total salary expense $8,000

Federal income tax rate ($1,200)

($8,000*15%)

State income tax rate ($480)

($8,000*6%)

FICA tax rate ($612)

($8,000*7.65%)

Actual direct deposit $5,708

Therefore the actual direct deposit of payroll for the first week of January will be $5,708

For 15 years, Edward was a compensation specialist at a mid-sized firm. He was laid off when the firm experienced financial setbacks. Edward has decided to open his own business as a compensation consultant to small firms. He can expect that his main source of human capital will be a bank line of credit.
A. True
B. False

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Answer:

B. False

Explanation:

Edward himself is the main source of human capital since he possesses the skills and abilities necessary for performing the consulting services. A bank line of credit helps you to obtain money, it will not provide you with human capital. The people employed by a business provide the human capital.

A television manufacturer in South Korea had to simplify its televisions before introducing them to the Nigerian markets, as the country lacked the skills to repair the product in case of a malfunction. The local salesforce also did not have the sufficient knowledge about the installation of the product. The requirement that is influencing product adaptation in this scenario is

Answers

Answer:

The correct answer is "Technological Requirements ".

Explanation:

Throughout the field of computing and development of systems, technological requirements are considerations necessary to produce a request to make or action from such an organization to determine the expectations and needs of either a customer. Technical specifications may apply to technologies such as software, hardware as well as software-driven electronic equipment.

So that the given scenario is "Technological Requirements "

Hung and Suzanne’s company has instituted a new volunteering program where more experienced employees mentor the youngest employees, many of whom are fresh from college or internships. Hung signs up, but Suzanne does not. A few months later, how does Hung likely feel about having become a volunteer?

Answers

Answer: E) She feels more engaged in the company and in her primary role.

had to complete the question.

A) She enjoys it, but her colleagues think she is kissing up to the management.

B) She feels resentful, since she is essentially working for free.

C) She likes it but feels her mentees take advantage of her time, becoming a distraction.

D) She likes it but finds the extra time commitment a major problem.

E) She feels more engaged in the company and in her primary role.

Explanation: since she has taken up the companys new volunteering scheme/ programme after a few months Hung would feel more engaged in the company and in her primary role. This is so becau Hung has succed to pass down her knowledge and experience through the program to young interns who are new to the job world and lack the technical know how to perform such task and duties.

Two economies are identical except that the level of capital per worker is higher in Highland than in Lowland. The production functions in both economies exhibit diminishing marginal product of capital. An extra unit of capital per worker increases output per worker:

Answers

Answer:

An extra unit of capital per worker increases output per worker MORE IN LOWLAND compared to Highland

Explanation:

The economies of highland and lowland are identical.

They both have different level of capital per worker.

The level of capital in Highland is higher.

Production function in the two economies exhibit diminishing marginal product of capital.

An extra unit of capital per worker increases output per worker more in lowland compared to Highland because of the higher level of capital in Highland.

An investment adviser, age 33 and married, needs cash for the down payment to buy her first house. She asks her father if he can "help out" with the down payment. Her father is one of her advisory clients. Which statement is TRUE about this situation

Answers

Answer: The investment adviser can accept the money from her father if he gives it as a gift

Explanation:

Investment advisor operate within a certain principles and are bound from borrowing or withdrawing money for or from their customers except the customer is a banker or broker, but the investment adviser can accept a gift from the Father. This is just one of the ways to go about this as the other options won't work and would put the investment advisor profession at risk.

Mike worked for Frank's Pizza as a driver. His duties consisted of making deliveries along a designated route. One day Mike decided to see his girlfriend, Jackie, who lived 50 miles out of his pizza route. While driving to his girlfriend's, Mike injured a pedestrian, Chuck. The accident was caused because of Mike's negligent operation of the delivery truck. Chuck is now suing both Mike and Frank's for personal injuries. Under the circumstances:

Answers

Answer:

Frolic

Explanation:

According to the given situation, Mike is a driver of Frank Pizza. He used to deliver pizzas with designated route. Mike wanted to meet with her girlfriend who is living 50 miles out of the route of pizza. Mike injured a pedestrian, Chuck, while driving towards his girlfriend's. The accident was caused as a result of Mike's incompetent delivery truck service. Now chuck is trying to claim from Mile as well as Frank Pizza company.

Here, Frank pizza is not responsible as mike was frolic of his own. Mike was frolic as he want to meet his girlfriend which does not come to his duties.

Therefore, It will also clear his employer of any responsibility, since he at the time was not operating on the route designated.

John purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money when she dies. John is both the ________ and the ________ who will receive the ________ upon the death of Betty, the ________.

Answers

Answer:

Policy owner

Beneficiary

Face amount

Insured

Explanation:

John is both the “Policy owner” and the “Beneficiary” who will receive the “ Face amount” upon the death of Betty, the “Insured”.

The term policy owner is used to refer to a person who buys and pays the premium. At the same time, a beneficiary is a person who receives the face amount that was on the name of the insured (Betty).

It is given that John has bought the policy and paying the premium so he is the owner. Moreover, he is the beneficiary because he is getting the insurance amount after the death of betty who is insured.

Jose owns a dog whose barking annoys Jose's neighbor Amy. Suppose that the net benefit of owning the dog is worth $400 to Jose and that Amy bears a cost of $200 from the barking. Assuming Amy has the legal right to keep Jose from having a dog, a possible private solution to this problem is that:

Answers

Answer: Jose has to pay $600.

Explanation:

Jose has to pay $600 to Jane for her inconvenience.

In Accordance with Coase theorem, when two conflicting parties exist, one has to ‘buy the right’ from the other party.

Which In this scenario or case, Jane has the ‘right to prevent Jose from having a dog’.

Thus, Jose has to pay compensation to Jane so that he can keep his dog and at the same time Jane is also compensated for the inconvenience which may arise later.

Answer:

that Jose pays Amy $350 for her inconvenience, and keeps the dog

Explanation:

In this specific scenario, since Amy has every legal right to keep Jose from having the dog, then a possible private solution would be that Jose pays Amy $350 for her inconvenience, and keeps the dog. This would cover Amy's costs from the barking as well as provide an incentive to let Jose keep the dog, while at the same time Jose is spending less than what the net benefit of owning the dog is actually worth. Thus turning this into a beneficial arrangement for all parties.

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period:

Office Expenses Total Allocation Basis
Salaries $ 42,000 Number of employees
Depreciation 22,000 Cost of goods sold
Advertising 45,000 Net sales
Item Drilling Grinding Total
Number of employees 1,200 1,800 3,000
Net sales $ 340,000 $ 510,000 $ 850,000
Cost of goods sold $ 95,000 $ 155,000 $ 250,000

The amount of the total office expenses that should be allocated to Drilling for the current period is:
A. $71,600.

B. $43,160.

C. $109,000.

D. $600,000.

$53,000.

Answers

Answer:

Total Office expense allocated to Drilling for this current period is $43,160

Explanation:

Office expense allocation to Drilling

Salaries = $42,000 x 1200 employees/3000 total employee = $16,800  

Depreciation = $22,000 x $95,000/ $250,000 total COGS=     $8,360

Advertising = $45,000 x $340,000/ $850000 total Sales  =       $18,000

Total Office expense allocated to Drilling=                                 $43,160

In 2004, Jamal lost his job as a shipbuilder. His shipyard never reopened, and his very specialized skills as a shipbuilder were no longer in demand. Jamal's unemployment is best classified as _____.

Answers

The best way to describe Jamal's unemployment would be Structural

Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021.
March 1 Issues 55,000 additional shares of $1 par value common stock for $52 per share.
May 10 Purchases 5,000 shares of treasury stock for $55 per share.
June 1 Declares a cash dividend of $1.50 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.)
July 1 Pays the cash dividend declared on June 1.
October 21 Resells 2,500 shares of treasury stock purchased on May 10 for $60 per share.
Required:
Record each of these transactions.

Answers

Answer and Explanation:

The journal entries are shown below:

On March 1

Cash Dr (55,000 × $52)   $2,860,000

       To Common stock (55,000 × $1 per share)  $55,000

       To Additional paid in capital - common stock $2,805,000

(Bein the issuance of the common shares are recorded)

On May 10

Treasury stock Dr (5,000 shares × $55) $275,000

         To Cash $275,000

(being the purchase of treasury stock)

On June 1

Dividend Dr  (150,000 shares × $1.50)  $225,000

      To Dividend payable $225,000

(Being the cash dividend is declared)

On July 1

Dividend payable Dr  (150,000 shares × $1.50)  $225,000

       To cash $225,000

(being the dividend paid is recorded)

On October 21

Cash Dr (2,500 shares × $60) $150,000

     To Treasury stock (2,500 shares × $55)  $137,500

     To Additional paid in capital - treasury stock $12,500

(Being the reissuance of the treasury stock is recorded)

When property rights are well defined and markets are: competitive market equilibrium violates the conditions for economic efficiency.market equilibrium is consistent with economic efficiency.conditions necessary for economic efficiency no longer apply.quantity supplied will rarely equal the quantity demanded.

Answers

Complete Question:

When property rights are well defined and markets are competitive, the

Group of answer choices:

a. market equilibrium violates the conditions for economic efficiency.

b. market equilibrium is consistent with economic efficiency.

c. conditions necessary for economic efficiency no longer apply.

d. quantity supplied will rarely equal the quantity demanded.

Answer:

b. market equilibrium is consistent with economic efficiency.

Explanation:

A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.

Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.

Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.

This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.

2. Demand for Riana's product in the U.S. is inconsistent. When orders are slow, she sometimes needs to shut down production to help control inventory levels. One way Riana could improve her firm's situation is to

Answers

Answer:

One very feasible solution to Rianas business challenge is to explore and take advantage of other markets outside of the United States of America.

Explanation:

In other words, she needs to come up with a business strategy that includes exportation of her products.

The target market(s) must be carefully analyzed for ease of entry, competition,   etc. She must be able to accurately distinguish her products in those markets.

When entering new terrains as an exporter, it is usually better to look for markets with higher:

Ease of entryEase of doing businessEase of communication etc.

Desk research alone will not suffice. Riana must try to visit the country she is planning to expand into. Next, her pricing, product positioning etc must be flawless. It will help Riana to also seek help from a business growth consultant who knows the new terrain very well.

Cheers!

In the context of causal forecasting models with multiple regression, an R-squared (R2) value of 0.70 means that 30 percent of the variation in the dependent variable is explained by the independent variable.
a. True
b. False

Answers

Answer:

b. false

Explanation:

Regression analysis is a commonly used type of statistics that helps one to infer or determine if there is a relationship between two variables. One variable is dependent while the other is independent.

In the above question, a R² value of 0.70 means that the variation between the dependent and independent variables have more effect on the population and can be said to be  a strong effect size.

Cheers

An internal control system consists of all policies and procedures used to protect assets, ensure reliable accounting, promote efficient operations, and urge adherence to company policies. Evaluate each of the following statements and indicate which are true and which are false regarding the objectives of an internal control system.
1. Separation of recordkeeping for assets from the custody over assets is intended to reduce theft and fraud.
2. The primary objective of internal control procedures is to safeguard the business against theft from government agencies.
3. The main objective of internal control procedures is best accomplished by designing an operational system with managerial policies that protect the assets from waste, fraud, and theft.
4. Separating the responsibility for a transaction between two or more individuals or departments will not help prevent someone from creating a fictitious invoice and paying the money to herself or himself.

Answers

Answer:

Explanation:

1. True

Separation of record keeping for assets from custody over assets in custody over assets reduces theft and fraud . except in a case of collusion.

Fraud and theft of assets can be easily perpetrated and covered up when an individual combines the role.

2. False

Internal control focuses more on the internal operation of an organization rather than the external. Even though it can still be of impact in checking the excesses of external parties like the government agencies , but that is not its primary objective

3.True

Internal control's main objectives can be best accomplished when there is an operational system with managerial policies that protect waste , fraud and theft , being the major factors targeted to control

4.False

Separating the responsibility for a transaction between two or more individuals or departments is a major way of preventing creation of fictitious invoices and payment as it could have easily be detected if different individuals are involved in approval and payment of invoices.

A customer asks an agent for a valuation of his securities portfolio. Because the agent does not want to cause the customer to panic and sell his shares at a loss, the agent inflates the value of the stock. Under the Uniform Securities Act, this action is A) permitted because the agent was not recommending a transaction B) permitted because the agent determined that selling the securities was not suitable C) not permitted because the agent must not attempt to influence the market value of a security D) not permitted because the agent must not deceive the customer by misstating a material fact

Answers

Answer: not permitted because the agent must not deceive the customer by misstating a material fact.

Explanation:

From the question, we are informed that a customer asks an agent for a valuation of his securities portfolio and that because the agent does not want to cause the customer to panic and sell his shares at a loss, the agent inflates the value of the stock.

It should be noted that under the Uniform Securities Act, this action is not allowed because the agent must not deceive the customer by misstating a material fact. An agent should not deceive a customer and ethical behavior is also required.

Japan, due to a lack of undeveloped land, would be an unusual choice of location for a U.S. cattle company to set up local grazing operations. This limiting factor would be identified in what part of Porter’s determinants of national advantage?

Answers

Answer:

It is A. Factors of production

Explanation:

The You Design, We Build Company makes custom furniture of all kinds. The firm has evolved into a big business due to quality and innovative work. Recently, top management asked company departments to list and evaluate the kinds of socially responsible efforts conducted internally and externally in the business and to list negative occurrences that supervisors observed. Top management is essentially conducting a(n)

Answers

Answer:

and thats how manfi works123

Explanation:

:hand emoji:

12313

The WaveHouse on Mission Beach in San Diego features the Bruticus Maximus, a ten foot wave, which tests the skills of even the most talented surf and wake board riders on the planet. WaveHouse is the only place in San Diego where this service is offered. You can ride B. Max for $40 for the first hour, $33 for the second hour, and $26 for the third hour. Charging a different price for subsequent hours is a form of:

Answers

Options:

A) monopoly regulation.

B) price discrimination among units of a good.

C) rent seeking behavior.

D) price discrimination among groups of buyers.

Answer:

B) price discrimination among units of a good.

Explanation:

By charging a different price for subsequent hours The WaveHouse would be discriminating their price on the basis of hours spent by buyers.

Remember, there may exist customers who usually spend lesser amount of hours on such activities; so they may ride for lesser hours, which means they are discriminated against in terms of the price paid for the service. Thus, the units of a good or service bought as in this case determines the price of the service.

Suppose the board of Nathan Corporation decided to do the share repurchase in problem 1-part b, but you, as an investor, would have preferred to receive a dividend payment. How can you leave yourself in the same position as if the board has elected to make the dividend payment instead

Answers

Answer:

If we sell 0.5 / 15 of one share we will receive $0.50 and the remaining shares will worth $14.50. This will be the same position as if the firm had paid a dividend.

Explanation:

Nathan Corporation is deciding to whether to repurchase shares. It is a decision made by company and its management to boost value of its stock. If the board makes a decision to make dividend payment then we will receive $0.50 per share. The share price total will be $14.50 which is same whether we receive dividend or not.

Brayden is a general partner in a four-member limited partnership with two general and two limited partners. The partnership is silent with regard to the duration of the partnership, and Brayden wishes to retire.
A) Brayden may withdraw at any time, and the partnership continues.
B) Brayden must give six months' notice before being permitted to withdraw.
C) The other general partner and the limited partner with the largest liability must agree to his withdrawal.
D) The court must grant permission for Brayden to withdraw since the agreement was silent and the other partners and third-party customers of the partnership must be protected.

Answers

Answer:

A) Brayden may withdraw at any time, and the partnership continues.

Explanation:

A partnership is defined as a business venture where two or more people decide to pool their resources together in a business to achieve a particular objective.

Partnerships can be a complex relationship between participants where conflict may rise. To curtail this an agreement is usually written that states conditions for withdrawal, percentage of ownership, division of profit and loss, length of partnership, and partner authority.

In this scenario the partnership is silent on the duration of the partnership, so Brayden may withdraw at any time and the partnership will continue

It is possible that a(n) ________ vertical marketing system can be more formally structured through strategic alliances and partnership agreements among channel members that agree to work in mutual cooperation. An example of this is the relationship between Walmart and Procter & Gamble.

Answers

Answer:

administered

Explanation:

An administered vertical marketing system is a system in which the process of taking the product from the manufacturer to the user is managed by one party because it has power and a big size that allows it to control the activities in an informal way. According to this, the answer is that it is possible that a(n) administered vertical marketing system can be more formally structured through strategic alliances and partnership agreements among channel members that agree to work in mutual cooperation because this is a system in which a big company is able to control the whole process in an informal way but this can be formalized by making agreements between the parties involved.

As vice president for sales and marketing, Carole conducts a survey asking customers their impressions of the product offering, the quality of the product, and their level of customer satisfaction. Carole can use the survey results to:

Answers

Answer:

Explanation:

Carole can use the information gathered by the survey in order to see what the potential customers are thinking about the product. This will allow Carole to decide whether or not changes need to be made to the product in order to increase the overall positive feedback and at the same time increase sales for that product. The more potential customers feel positively towards the product the more individuals will actually purchase it.

Two employers, A and B, pay the same wage but Employer A faces a more inelastic supply curve of labor than Employer B. Both firms are monopsonies but have similar outputs and technologies. Other things being the same, then in the long run?
A.) Both employers will employ the same amount of capital.
B.) Employer A will employ more capital than Employer B.
C.) Employer A will employ less capital than Employer B.

Answers

Answer:

B.) Employer A will employ more capital than Employer B.

Explanation:

When State Farm uses consumer research to create a mental map of consumers that indicates consumers perceive State Farm as conservative, safe, responsive, and convenient, it is interested in _______.

Answers

Answer:

"Brand associations " is the perfect answer.

Explanation:

The brand association seems to be a relation that a consumer establishes with that of the commodity in someone's view, doesn't quite indicate the advantages because, in essence, these seem to be much more subjective. The consumers experience associations on their understanding of the product or service.

So that the above would be the appropriate one.

Tim's Taxi Service sold one of its cabs for $9,000. The cab had an original cost of $23,000 with $16,000 in accumulated depreciation. Assuming this is the only asset sold during the year, what is the recognized gain or loss and character of the gain or loss on this sale

Answers

Answer:

The recognized gain is $2000

Explanation:

The carrying value of the cab sold is the difference between the original cost of $23,000 and the accumulated depreciation of $16,000, hence, carrying value is $7000($23000-$16,000)

The cash proceeds from the disposal of then cab are $9000

Gain on disposal of cab=$9000-$7000

Gain on disposal of cab=$2000

Wendy has had a life insurance policy for five years with her spouse listed as the person who receives the benefit if she dies. She was recently divorced. Which of the following provisions should she take action on?
a) Incontestability clause
b) Misstatement of age provision
c) Naming a beneficiary
d) Policy reinstatement
e) The grace period

Answers

Answer:

Option C

Explanation:

In simple words, A designated beneficiary , often termed as named beneficiary, refers to a person who is stipulated by a signed legal contract and who has the right to receive money from a fund, insurance fund, pension scheme account, IRA, or some other digital currency. By the point of transaction several designated owners of a single property would share in the profits.

Machinery was purchased on January 1 for $51,000. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000. Double-declining-balance depreciation for the second year would be (round calculations to the nearest dollar):

Answers

Answer:

$10,408

Explanation:

The computation of the depreciation expense for the second year using the double-declining balance depreciation method is shown below:

First we have to determine the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 7

= 14.28%

Now the rate is double So, 28.57%

In year 1, the original cost is $51,000, so the depreciation is $14,571 after applying the 28.57% depreciation rate

And, in year 2, the ($51,000 - $14,571) × 28.57% = $10,408

Creative Sound Systems sold investments, land, and its own common stock for $31.0 million, $15.1 million, and $40.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.1 million, $25.1 million, and $12.1 million, respectively.
A) What amount should the company report as net cash flows from investing activities?
B) What amount should Creative Sound Systems report as net cash flows from financing activities?

Answers

Answer:

Creative Sound Systems

Net cash flows from investing activities:

Cash inflow from sale of investments                     $31 million

Cash inflow from sale of land                                $15.1 million

Cash outflow from purchase of equipment        ($25.1 million)

Cash outflow from purchase of patent                ($12.1 million)

Net cash flows provided by investing activities    $8.9 million

Creative Sound Systems

Net cash flows from financing activities:

Cash inflow from issuing common stocks              $40.2 million

Cash outflow from purchase treasury stock          ($21.1 million)

Net cash flows provided by financing activities     $19.1 million

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