In regards to the selection criteria for expatriates, describe what is meant by is cross-culture suitability?
What will be an ideal response?
Cross-cultural suitability refers to an attribute of an expatriate. It could include language ability, cultural empathy, adaptability, and a positive attitude toward the assignment in the specific country being considered.
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Acme Global is examining how many contracts it has with “major” purchasers. It considers a “major” purchaser one that purchases more than $1 million of products per year. Acme Global is analyzing the ______ in the five forces model.
A. power of buyers B. power of suppliers C. threat of substitute products and services D. rivalry among competitors
Forgone Company had beginning inventory of $19,000, purchases were $100,000, and ending inventory had a cost of $25,000 and a market value of $20,000 . The same inventory increased $3,000 in market value in the subsequent period. Which of the following is/are not true?
a. Under U.S. GAAP, the firm would continue to record the inventory at $20,000, the lower of cost or market. b. Under IFRS, the firm would reverse a portion of its previous impairment. c. If Forgone Company is in an industry that frequently experience inventory price fluctuations, the firm may use an allowance account to record lower-of-cost-or-market adjustments. d. The firm should disclose the existence of large inventory write-ups in Managements' Discussion and Analysis so that users of financial statements understand the reversal of the previous asset impairment. e. none of the above
A retailer that sets prices for goods and services and seeks to maintain them over an extended time practices _____
a. variable pricing b. customary pricing c. a one-price policy d. price lining
What is the purpose of creating an opportunity analysis plan? How does it differ from a business plan?
What will be an ideal response?