Which of the following is a type of trade barrier?
A. governmental laws and regulations
B. export subsidies
C. reduced tariffs
D. exemptions from quality control
A. governmental laws and regulations
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Modern businesses rely heavily on the use of the telephone to conduct day-to-day operations and communicate with internal and external customers.
Answer the following statement true (T) or false (F)
A 12% change in sales will result in a 12% change in net income
a. True b. False Indicate whether the statement is true or false
The accounting entry for the additions to equipment that increase the usefulness of equipment includes
a. debiting Repair Expense and crediting Equipment; b. debiting Cash and crediting Equipment; c. debiting Equipment and crediting Cash or a liability account; d. debiting Equipment Expense and crediting Cash or a liability account; e. debiting Equipment and crediting Purchases
Answer the following statement(s) true (T) or false (F)
1. Having less grounding in common makes cross-cultural communication significantly more demanding than communicating in a single culture. 2. When translators know the meaning of words and the grammatical rules for putting them together, effective communication is often still not achieved. 3. The second language in use in international business is most often French. 4. In high-context cultures, the message is conveyed largely by the words spoken. 5. In low-context cultures, a good deal of the meaning is implicit, and the words convey only a small part of the message.