what you’ve learned in this class regarding international business? Did your views or perceptions of international business change after taking this course? Why or why not? Please explain.

Answers

Answer 1

Many people view international business as a way to create economic growth and job opportunities.

How is international business perceived ?

Engaging in international business provides a unique opportunity for cultural exchange and understanding between nations. Through conducting commerce with other countries, people and companies acquire an alternate perspective on diverse customs, different ways of working and varying habits which can result in enhanced respect and admiration for diversity.

However, there are apprehensions towards the ethical concerns in such an undertaking, largely due to issues pertaining to labor practices, human rights as well as environmental impact. To some, involving oneself in global commerce is viewed merely as utilizing workers or exploiting resources outside their own country to increase monetary gain.

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Related Questions

Briefly discuss the power of Occupational Safety and Health Administration (OSHA) with respect to citations and penalties.

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Answer:

The Occupational Safety and Health Administration (OSHA) is responsible for enforcing health and safety regulations in the workplace. OSHA has the power to issue citations and penalties to employers who violate health and safety regulations.

If OSHA finds that an employer has violated a regulation, it can issue a citation. A citation outlines the specific regulation that was violated, and the proposed penalty. Employers have the opportunity to contest the citation and penalty, and can request an informal conference with an OSHA representative to discuss the issue.

OSHA can also issue penalties for violations. The penalty amount varies depending on the severity of the violation. Willful violations, which are the most serious, can result in penalties of up to $136,532 per violation, while serious violations can result in penalties of up to $13,653 per violation.

The power of OSHA to issue citations and penalties is an important tool for promoting workplace safety. The threat of citations and penalties can encourage employers to take safety seriously and to take steps to prevent workplace accidents and injuries.

Explanation:

Congress passing a law that gives people stimulus
checks to get the country out of a recession would
be an example of?

Answers

Answer:

Explanation:

Congress passing a law that gives people stimulus checks to get the country out of a recession would be an example of fiscal policy. Fiscal policy refers to the use of government spending and taxation to influence the economy. In this case, the government is using fiscal policy to stimulate the economy by providing direct financial assistance to individuals, which is intended to increase consumer spending and boost economic activity. The purpose of fiscal policy is to stabilize the economy and promote economic growth, and in this case, stimulus checks are being used as a tool to achieve those goals.

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Imagine that you wanted to specialize in working with senior citizens. What special needs might this group have? What kind of skills would you acquire if you specialized in this demographic? What kind of location would work well for this population?

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The needs of senior citizens would require the ability of those who can handle geriatrics.

Why is this so?

There are special health conditions that come with those who are geriatrics or senior citizens.

This is because, as people age, the body no longer can repair it'self like before and becomes more frail, hence the need for more care.

So working with this kind of population will require skills such as:

Emergency resuscitationSpecial Nutrition etc.

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New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.

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New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and a limited use of product sampling.

Why is this so?

New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and limited use of product sampling.

A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.

A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.

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How would you approach this using the excel functions of pv and pmt?
Here's the question:
You want to accumulate $1 million by your retirement date, which is 25 years from now. you will make 25 deposits in your bank, with the first occurring today. The bank pays 8% interest, compounded annually. You expect to receive annual raises at 3%, which will offset inflation, and you will let the amount you deposit each year also grow by 3% (i.e, your second deposit will be 3% greater than your first, the third will be 3% greater than the second, etc.) How much must your first deposit be if you are to meet your goal.

Answers

To approach this using Excel functions, we can use the PV (present value) and PMT (payment) functions to calculate the amount of the first deposit. Here are the steps:

1. Calculate the future value of the $1 million using the FV (future value) function:

=FV(8%, 25, 0, -1000000)

This returns a value of $4,660,962.91, which is the amount that will accumulate in 25 years at 8% interest.

2. Calculate the present value of the future amount using the PV function:

=PV(8%-3%, 25, -1*FV(8%, 25, 0, -1000000), 0, 1)

This returns a value of $1,257,407.11, which is the amount that needs to be deposited today to accumulate to $4,660,962.91 in 25 years at 8% interest with 3% annual raises.

3. Calculate the payment amount using the PMT function:

=PMT(8%, 25, -1*PV(8%-3%, 25, 0, 1257407.11, 1), 0, 1)*(1+3%)

This returns a value of $68,527.78, which is the amount of the first deposit.

So, the first deposit should be $68,527.78 to accumulate $1 million in 25 years with 8% interest, 3% annual raises, and 3% increase in deposit each year.

Consider two different potential projects at a company where you have worked, and do the following:

Discuss the benefits and costs that you would consider in deciding which is better for the company
Reflect on how information technology would affect this decision

Answers

Benefits, costs, and IT impact should be considered when deciding between two potential projects at a company.

The decision to choose between two potential projects should consider their benefits and costs, as well as the impact of information technology. Factors such as return on investment, time frame, risk, and strategic alignment should be evaluated. Additionally, information technology can affect the decision through factors such as project management, data analysis, and communication. IT can improve project success rates and reduce costs through the use of automation, analytics, and collaboration tools. Ultimately, a thorough analysis of the projects and their potential impact on the organization should be conducted to make an informed decision.

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?
When does personal information offen need to be entered online?
O when conducting an Internet search
when watching streaming videos
O when downicading free software
O when gaining access to a website

Answers

Answer:

when gaining access to a website

Calculate the Marginal cost and Marginal benefit to cleaning up the waste!

Answers

Marginal Cost: 50, 100, 350, 700 (in thousands of dollars)

Marginal Benefit: 800, 500, 350, 250 (in thousands of dollars)

How to explain the marginal benefits

The marginal cost of cleaning up from 16 million gallons to 12 million gallons is 50 - 0 = 50 thousand dollars.

   The marginal cost of cleaning up from 12 million gallons to 8 million gallons is 150 - 50 = 100 thousand dollars.

   The marginal cost of cleaning up from 8 million gallons to 4 million gallons is 500 - 150 = 350 thousand dollars.

   The marginal cost of cleaning up from 4 million gallons to 0 gallons is 1200 - 500 = 700 thousand dollars.

   The marginal benefit of cleaning up from 16 million gallons to 12 million gallons is 800 - 0 = 800 thousand dollars.

   The marginal benefit of cleaning up from 12 million gallons to 8 million gallons is 1300 - 800 = 500 thousand dollars.

   The marginal benefit of cleaning up from 8 million gallons to 4 million gallons is 1650 - 1300 = 350 thousand dollars.

   The marginal benefit of cleaning up from 4 million gallons to 0 gallons is 1900 - 1650 = 250 thousand dollars.

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