Cross-Cultural Issues at Marico

Imagine that you have recently been hired as a human resources consultant by a Canadian multinational enterprise (MNE) called Marico. Marico designs, manufactures and sells commercial airplane engines and fuselages worldwide. It currently has over 1,000 employees in its three locations, including 500 at its global headquarters in Canada, 300 at a manufacturing plant in the U.S., and now over 200 at its newest manufacturing plant in Mexico.
The firm is having problems communicating and sharing its corporate values and policies with its newest employees in Mexico. The only experience Marico has had in opening a new subsidiary prior to Mexico was in the U.S., where corporate values and policies were taken up by American employees with little difficulty. The problems in the Mexican plant seem to center around poor communications between the managers, who are mostly Canadian, and its new employees, who are mostly from Mexico.
“We want our corporate culture to be the same everywhere,” explains Marico’s CEO, Mr. John Woods, to you over lunch. “We want everything we do in Canada to be the accepted, standard practice across all of our locations, but that just doesn’t seem to be getting across to our employees in Mexico.” John continues by telling you that all new employees are trained in Marico’s corporate culture via discussions with their managers and corporate brochures/reading materials. He says that his Canadian managers in Mexico are frustrated with the Mexican workers’ abilities to learn Marico’s culture and that, as a result, productivity at the plant has been negatively impacted.
You investigate the issue by speaking with managers and employees at the new subsidiary in Mexico. The managers complain that employees at the new plant do not speak their mind very often, and often seem to stress harmony with each other over learning Marico’s culture. Managers are also frustrated that staff meetings frequently start late due to the lateness of employees. The employees, who are younger than their managers on the average, are frustrated that they are not told exactly how to do their tasks; instead, they are told to read their employee manuals for guidance. They are concerned that Marico’s managers are too impatient with them about learning the policies. They feel they have been left to their own devices to figure out how things work, which often causes them to stay late at work. What is more, staying late on their shifts often causes them to be late for staff meetings, where they are often berated by managers for not acting like “good Canadian employees”. After your examination you become convinced that the problem Marico is experiencing relates to culture, and you prepare your report accordingly.

CASE QUESTIONS

1. Select one of Hofstede’s five cultural dimensions to explain to Marico’s the main differences between Marico’s Canadian HQ and its Mexican subsidiary in terms of culture. Explain why you selected this dimension as the primary source of the problem between the Marico HQ and its Mexican plant.
2. In your opinion, what are three ways that Canadian managers could demonstrate higher intercultural competence at Marico’s Mexican subsidiary?

Answers

Answer 1

1. One of Hofstede's five cultural dimensions explaining the differences between Marico's Canadian HQ and its Mexican subsidiary in terms of culture is Power Distance.

2. The three ways that Canadian managers could show higher intercultural competence at Marico's Mexican subsidiary include:

Demonstrating an understanding of the differences between low, moderate, and high Power Distance and Collective/Individualistic cultures.Showing the Mexican employees that they are really in charge because that is how they expect them to do and being patient with the Mexican employees in learning the Marico policies.Organize collective learning sections to guide the Mexican employees instead of asking them to read their employee manuals individually.

What are Hofstede's five cultural dimensions?

Hofstede's five cultural dimensions include:

Power distanceUncertainty avoidanceIndividualism/collectivismMasculinity/femininityLong-term orientation.

Power distance means that Mexican employees expect Canadian managers to lead and even micromanage them, most time.

Culturally, Mexico scores high on Power Distance, unlike Canada and the United States. People from cultures with high Power Distance do not communicate well with managers from cultures with low Power Distance because the employees expect the managers to tell them what to do.

Uncertainty avoidance implies that Mexicans do not tolerate uncertainty or being left to carry out tasks individually, but would like their Canadian managers to direct them in all tasks.

Individualism/Collectivism: Mexicans, as observed, do not embrace individualistic practices but rather prefer to work in group harmony.

Masculinity/femininity: Male dominance is prevalent in Mexico, with elders issuing instructions to their juniors.

Long-term orientation, like power distance, is low in Canada but high in Mexico, and understanding this reality is essential.

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Related Questions

Identify a nonprofit that offers recreation activities as part of its structure and how it provides said recreation.

Answers

Some examples of a nonprofit organization that offers a recreation activities as part of its structure includes:

Little League BaseballNational Recreation and Park AssociationPop Warner Little ScholarsMonterey Institute for Research in Astronomy.

What is a nonprofit organization?

Basically, a non-profit organization refers to the group organized for purposes other than generating profit and in which, no part of such organization's income is distributed to its members, directors or officers.

Some of these non-profit and recreation bodies are one of the most common staples of American culture which has a recreation activities including youth sports, adult sports, sports camps and local fitness centers for their residents.

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The more substitutes for a good:

Group of answer choices

the higher the income elasticity of demand

the higher the price elasticity of demand

the higher the cross elasticity of demand

the lower the cross elasticity of demand

the lower the price elasticity of

Answers

The more substitutes for a good, Option B:  the higher the price elasticity of demand.

What impact do substitutes have on elasticity?

The elasticity of demand is impacted by close replacements for a good. Consumers will rapidly convert to the alternative product if the price of your product rises or the price of the alternative product falls if another product can be easily substituted for it.

Therefore, The more replacements there are for an item, the more elastic the good will be, according to the definition of an elastic good, which is one where a change in price results in a large movement in demand.

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discuss axioms of consumer revealed preferences

Answers

The axiom of consumer revealed preferences asserts that the strong and weak acts are demonstrated to be identical in a two-dimensional universe with only two options for goods.

What is consumer revealed preferences?

According to the economic theory of revealed choice, observing a person's purchase activity is the most accurate approach to gauge their consumption patterns. The rationality of customers is the underlying presumption of revealed preference theory.

According to the revealed preference hypothesis, which was first put forth by American economist Paul Samuelson in 1938, customers' preferences can be inferred from the things they buy when facing various financial and economic situations.

Consumer preferences are the arbitrary tastes, inclinations, and loves and dislikes of an individual. To achieve the best outcomes, you must take into account your target market's personal preferences when creating or marketing a product.

As a result, revealed preference is a means to extrapolate individual preferences from observable choices.

It stands in contrast to efforts to measure preferences or utility directly, such as by stated preferences. If we consider economics to be an empirical field, there is the problem that preferences cannot be seen.

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the bird flu has affected, chicken farms in china, taiwan, hong kong, thailand and vietnam. what opportunities do you see? ​

Answers

Preventing disease is the best way to keep your flock healthy:Separate your flock from disease sources including wildlife and wild birds.Keep your poultry area and equipment clean.Separate new or returning birds from your flock for at least 30 days.Don't share equipment with neighbours.Explanation:When bird flu struck the market, the sale of chicken has gone down by at least 25%.Health officials recommend the use of oseltamivir (Tamiflu) or, if oseltamivir can't be used, zanamivir (Relenza). These drugs must be taken within two days after the appearance of symptoms.Infected birds may show one or many of these signs:Lack of energy, movement or appetite.Decreased egg production.Swelling around the head, neck and eyes.Coughing, gasping for air or sneezing.Nervous signs, tremors or lack of coordination.Diarrhoea.Sudden death.

Prior to Christine Day’s arrival, What was the culture of lulelemon?

Answers

Christine Day joined the rapidly expanding yoga apparel retailer Lululemon Athletica Inc. with a mission to restore the culture that had deviated since her hiring.

Who is Christine Day?

Canadian retail businesswoman Christine M. Day was born in 1962. Since January 2014, she has served as the CEO of the Vancouver-based food business. She led the Canadian clothing firm Lululemon Athletica as CEO from 2008 to December 2013. She worked for Starbucks' Asia-Pacific division before accepting her position at Lululemon. Day learnt about investing while working for the private equity firm Integrated Resources after graduating from college. Day later worked for a financial services company. One of its customers was Howard Schultz, who ran the coffee shop Il Giornale and sought to grow his business by acquiring Starbucks. Day started working for Schultz's enterprise in 1986 and stayed with Starbucks for the following 20 years.

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Question 2 (0.5 points) ✓ Saved
Ms. Studebaker started as a sole proprietor and now that she has employees, she must consider her company
as a factor for drawing on the right talent.
a) General Liability Insurance
b) Third Party Supply Management
c) Culture
d) Employee Turnover
e) Supplier Relationships

Answers

Since Ms. Studebaker began as a solo entrepreneur and now has staff, she must take her company culture into account while trying to attract the best personnel.

What exactly is corporate culture and why is it significant?

Workplace behavior is governed by company culture. It's the culmination of all of your official and informal processes, attitudes, and beliefs that work together to give your staff and consumers a positive experience. Company culture is really about how things are done in the office.

How can a company's culture recruit employees?

A positive, visible, and embedded culture that is supported at all organizational levels can increase retention in addition to attracting new employees; staff members who identify with the culture and values of the company are more likely to be satisfied with their jobs and motivated to stick around.

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If the account earns 6% compounded interest yearly, how much would you have to deposit today?

Answers

The amount that you would have to deposit today in the account that is 6% compounded yearly is $5,038.

How to find the amount?

The account in question compounds yearly at a rate of 6% and you want to have $6, 000 in three years. You therefore need to deposit an amount that when compounded over three years, grows to $6, 000.

The $6, 000 is the future value so the amount can be found by the future value formula:

Future value = Amount x ( 1 + interest rate) ^ number of years

6, 000 = Amount x ( 1 + 6%) ³

Amount = 6, 000 / 1.06³

Amount = $5, 038

First part of the question is:

You would like to have $6,000 dollars in an account after three years' time.

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can i have a help in creating a questionnaire of manipulation's technique in advertising for research paper please?

Answers

What is the effect of subliminal advertising on customers?

Can puffery form of advertisement manipulate a customer's choice?

Does the boomerang changes the way consumers feel?

What are manipulative strategies in advertisements?

When someone manipulates others, they may be trying to avoid responsibility, conceal their true intentions, or create doubt and ambiguity. Gaslighting, lying, blaming, condemning, and humiliating are just a few of the manipulative techniques that can profoundly affect a person's psychological well-being.

Claims like "greatest (cup of) coffee in the world" or "king of beers" are instances of puffery used in commercial manipulation. While the product's minor users appear to be influenced by the puffery, experts or consumers with a high level of understanding appear to be turned off. Because of their contentious character, many deceptive commercials are challenging to prove.

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why made the menu design

Answers

Designing the menu is important as a good restaurant menu design is key to any restaurant's marketing plan. So, while desigining a menu it should express the eatery's personality.

While desigining a menu one should provide a range of options on the menu, which means that by this action you increase the likelihood of customers finding a dish to suit their taste. Thus, by appealing to a broader audience, you improve the odds of customer satisfaction.

Here an effective menu design should communicate the brand, the ambiance, the vision, the food & beverage offerings, and also the overall experience which a guest expects to have. Thus, this is a key to any restaurant's marketing plan.

Hence, a properly designed menu directs the attention of customers.

The given question is incomplete, the complete question is-

Why do we design the menu?

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If demand keeps decreasing for a company, how can they maintain their net income (profits) and avoid it from decreasing?

Answers

In order to keep your business functioning at its normal capacity, you will effectively have to take a pay cut if your net profit decreases.

This can have an unfavorable effect on your individual budgets, including your capacity pay your own obligations and keep food on the table.

How are businesses able to continue operating at a loss?

If a company loses money, it will not immediately stop making products. However long the misfortune is less by working than by halting creation the firm will keep on delivering despite the fact that it is causing a misfortune; that is, total cost is lower than total revenue, but total variable cost is higher than total revenue.

What is one way that can assist with forestalling misfortunes?

Some of the most common and efficient methods for preventing losses are security tools. Shoplifting is detected and criminals are discouraged by security guards, cameras, mirrors, security tags, and sensors. Secure valuable, costly, or frequently stolen items.

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Identify and discuss 4 ways a retailer can make their customer loyalty programme more eff

Answers

Answer:

Explanation:

1) the retailer first should sell the products which are useful.

2) The retailer first should sell all the quality products which will make the customer to buy.

3) He should be obedient about his products and should explain about the product in depth if customer needs.

4) He should ask them first of all the product which they are exactly needful for them. If not show them the low model of the product which is quality based and also financially feasible to the customer

Why are private and public companies alike

Answers

Both public and private companies are alike because, both kinds must hold annual meetings, establish a board of directors, keep meeting minutes, and keep a list of shareholders and their holdings.

What are  private and public companies?

Privately owned businesses are, unsurprisingly, privately owned. This indicates that the company is often owned by its founders, management, or a collection of individual investors. A public company, on the other hand, is one that has undergone an initial public offering (IPO) in which it has sold all or a portion of its stock to the public, giving shareholders an interest in some of the firm's assets and earnings.

Both public and private corporations must hold annual meetings, appoint a board of directors, maintain meeting minutes, and maintain a list of shareholders and their holdings. For these reasons, both types of businesses are similar.

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Effects of low saving rates to the future generations ( 10 answers)

Answers

Explanation:

Saving provides a financial “backstop” for life's uncertainties and increases feelings of security and peace of mind. Once an adequate emergency fund is established, savings can also provide the “seed money” for higher-yielding investments such as stocks, bonds, and mutual funds

Verizon offers to sell cellular phones listing for $100.19 with a chain discount of 15/10/5. Cellular Company offers to sell its cellular phones that list at $103.39 with a chain discount of 25/5. If Irene buys ten phones, how much could she save if she buys from the lower priced company?

Answers

Based on the available information, the amount Irene could save if she buys from the lower-priced company is $260.24

What is a Sales discount?

Sales discount is an economic term that is used to describe the reduced price given to consumers by product sellers or service providers.

Sales discount usually means that the consumers were able to save the money they would have spent on purchases should there be no sales discount in the first place.

In this case, we have Verizon which offered a 15/10/5 chain discount.

Therefore the total discounted price that Verizon offers is gotten through the complement of the percentages and conversion into the decimal equivalence before multiplying them.

Hence, we have the following:

15% = 85% or 0.85

10% = 90% or 0.90

5% = 95% or 0.95

Multiply them together, and we have:

Total Paying Price Rate = (0.85)(0.90)(0.95)

Total Paying Price Rate= 0.72675 or 72.68%

Therefore, to get the discount, we subtract the Total Paying Price by 100%.

Total Discount = 100% - 72.68%

Total Discount = 27.32%

Given that Irene is buying 10 phones we multiply the original price by 10.

Total Original Price = 95.24 x 10 = $952.4

At this point, we multiply the total original price by the Total paying price rate.

Overall = 952.4 x 0.72675

Overall = $692.16

Hence, the overall price that Irene will pay in Verizon is $692.16

To get that off the Cellular company, we have the following:

Cellular Company offers 25/5 chain discount

25% = 75%

5% = 95%

Therefore, we follow the same steps as Verizon.

Total Paying Price Rate = (0.75)(0.95)

Total Paying Price Rate = 0.7125 or 71.25%

Thus to get the discount we have the following:

Total Discount = 100% - 71.25%

Total Discount = 28.75%

Hence, for the price of 10 phones, we have the following:

Total Original Price = 98.49 x 10 = $984.9

Overall = 984.9 x 0.7125

Overall = $701.41

So the overall price for the Cellular Company is $701.41

So the lowered-price company is Verizon.

Therefore, in this case, it is concluded that should Irene buys the phones from Verizon, she will save $260.24.

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You are the supervisor of Shake Restaurant that sets employee work schedules.

Every day and every week you have to compare the actual hours each staff member works with the number of hours for which the staff member was scheduled to work. You have noted that during the week of November, 216.5 labour hours were scheduled for dining room employees but the actual hours worked totaled 224.5. This shows a variance of 8 hours.



1. Why is it important for you to compare the actual hours that the employees worked against the scheduled hours? (2)

2. Is this variance of 8 hours significant and should you investigate further? (2)

3. As you have an average hourly wage for staff, what does it mean in terms of the variance between scheduled labour hours and actual labour hours? (2)

4. As the supervisor, what would you accept as legitimate reasons for the difference between the scheduled and actual hours that the employees have worked? (4)

Answers

1. As the supervisor of Shake Restaurant, it is important to keep track of their team's workflow without continually checking in with team members by tracking the hours that employees put in.

What is direct labor efficiency variation?

Direct labor efficiency variation is the difference between the total actual hours worked and the total standard scheduled hours worked for the week. Instead of pay rates, the amount variance formula aids in calculating disparities in hours. Standard hours, or the hours that employees are anticipated to work, are used in this formula. The production division is in charge of the variation in worker productivity.

2. The variance of 8 hours is significant and should be investigated further. Thus, it is essential to avoid overpaying employees due to erroneous timekeeping.

3. Due to an average hourly wage for staff, in terms of the variance between scheduled labor hours and actual labor hours means that, the Shake Restaurant can reduce costs and increase revenues.

4. As the supervisor, it is important to accept as legitimate reasons for the difference between the scheduled and actual hours that the employees have worked as it leads to effective communication, provide guidance, and support to the employees.

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ANALYSE,USING A PPC,THE EFFECT ON AN ECONOMY OF A FLOOD

Answers

According to the concept of PPC, the floods generally have a negative effect on economy of the manufacturing and the wholesale and retail sectors, while they tend to have a positive effect on GDP of the construction sector.

PPC

PPC also known as  production possibilities curve is a graphical representation of the different amounts of a product that a business or economy can produce based on a shared resource. And it helps illustrate the tradeoff between using more resources in one product over another.

Given,

Here we have to analyze the effect on an economy of a flood by using the PPC.

Here the Production possibility curve (or PPC) is drawn on the assumption that the given resources are fully as well as efficiently utilized.

When the widespread floods have led to the destruction of human lives, it implies the loss of manpower. This will shift the PPC leftward from ab to a₁ b₁ as shown in Figure.

And it also damaged and reduced resources. Since potential production declines, the production possibility frontier shifts to the left.

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Intermediate Accounting ll

Answers

With respect to the bonds, F corporation's gain on the early extinguishing of debt is $ 11,700 (gain) (Option C).

What is extinguishing of debt?

When the borrower pays the whole sum of the loan and the creditor releases the borrower, the debt is called eliminated. Extinguishment also occurs when superior security is accepted by the creditor.

See the calculations leading to the above conclusion below;

Here, the bonds are issued at the premium value as the value of the issue of bonds = $ 2,786,000 is higher than the face value of the bonds.

The face value of the bonds = Face value per bond * Number of bonds.  = 2700 * $1000 = $ 2,700,000.

Premium on bonds issued  = Bonds issued value - Face value.

Premium on bonds issued  = $ 2,786,000 - 2,700,000

Premium on bonds issued  = $ 86,000.

Given that the amortization is made on a straight-line basis and the semiannual amortization is made, means the period for which the bonds to be amortized = 20 periods ( 10 years *2).

Hence, per period of 6 months bonds premium amortized = $86,000/ 20  = $ 4,300

The bonds have been extinguished on 1st July 2024, so the amortization of bonds for the period from 1st January 2019 to 1st July 2024  = 11 periods.

Hence, the Amortization of the premium till  1st July 2024 = 11 * 4300  

= $ 47,300.

Book value of bonds on 1st July 2024  

= Bonds issued value  - Amortization of premium

Book value of bonds on 1st july 2021 = $ 2,786,000 - 47,300

=  $ 2,738,700.

Bonds redemption value  = 2,700,000* 1.01  ( 101 means a premium of 1% )   = $ 2,727,000.

Since the book value is $ 2,738,700.but the redemption value is higher than it i.e $ 2,727,000, so there is a gain on extinguishment of debt.

Gain on redemption/ extinguishment of bonds = $ 2,738,700 - 2,727,000=  $ 11,700 (gain) (Option C)

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performance measures on procure to pay?​

Answers

Answer: Efficiency

Explanation:

1. Cost per invoice, purchase order and/or transaction.

2. Invoice cycle time – Average length of time from receipt of an invoice 3. up to payment approval.

4. Purchase order cycle time.

5. Number of invoices processed per FTE.

6. Percentage of invoices process straight-through.

7. First time match rate.

8. Number of supplier inquiries.

Answer:

A procurement KPI or metric is a measurable value that tracks all relevant aspects of obtaining or buying goods and services. These KPIs enable the procurement department to control and optimize the quantity, quality, costs, timing and sourcing of purchasing processes.

The 10 Most Important KPIs at a Glance:Cost Per Invoice.Invoice Processing Times.Average Payment Period.First-Time Match Rate.On-Time Payment Rate.Realized Cash Discount Rate.Duplicate Payments Rate.Supplier Rate Per 1,000 Invoices.Automatically Processed Invoices Rate.Contactless Invoice Processing Rate.

Based on a simple random sample of 100 applicants at St. Andrew's college, we'd like to estimate
the probability that the sample mean of SAT scores will fall within +/-10 of the population mean
1697?
In other words, between 1687 and 1707, given that the population standard deviation of SAT score
is 87.4?

Answers

The probability given that  between 1687 and 1707, given that the population standard deviation of SAT score is 87.4 is 0.68

How to solve for the probability

We have to solve for this using the z score distribution

The formula for the z score is written below

z = x - μ / sd

where we have

x = mean of the sample

μ = mean of the population

sd = standard deviation

we would have it as (1697 - 1697) / 87.4  = 0

you can find the z score in a z score table such that You can use this to determine the likelihood that a z-score will be within +/- 10 of the population mean.

The probability would be approximately 0.68

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You are sewing a hem on a sewing machine when you notice that the individual stitches are too tight. After you finish the hem, you tug on it to even out
the stitches, and the thread snaps. Which of these would be the BEST way to solve this problem?
O A.
OB.
O C.
O D.
Push the needle lower.
Raise the needle higher.
Reduce the tension.
Increase the tension.
set
Next

Answers

The best way to solve this sewing problem, is to Raise the needle higher.

Sewing:

Sewing refers the craft of fastening or attaching objects using stitches made with a sewing needle and thread. And it is one of the oldest of the textile arts, arising in the Paleolithic era.

Given,

Here we have the given situation, you are sewing a hem on a sewing machine when you notice that the individual stitches are too tight. After you finish the hem, you tug on it to even out the stitches, and the thread snaps.

Here we need to identify the best way to solve this problem.

In order to solve this problem, we have to carefully looking into the given situation,

Here they said that, you are sewing and there is a too tight stiches on the cloth.

Now, you have to tug on it to even out the stitches and the thread snaps.

So, the thing here we have to do is to raise the needle higher to release the thread.

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1. one-word compound
ice cream
2. hyphenated compound
nondescript
3. two-word compound
schoolhouse
4. hyphenated number word
6
discussion
5. hyphenated adjective
one-of-a-kind
6. word with double consonants
barrier-reef
7. a noun
12
can't
8. an adjective
10
doctor
9. an -ing verb
9
looking
10. a spelling word that contained the abbreviation for October
7
dog
11. an emotion word
resentment
12. a contraction
4
twenty-five
ASK FOR HELP

Answers

The words are properly classified as follows:

Ice cream  - two-word compound nondescript - adjectiveschoolhouse - one-word compound discussion - Nounone-of-a-kind - hyphenated compoundbarrier-reef - hyphenated compoundCan't - a contractionDoctor - Nounlooking - an -ing verbDog - NounResentment - NounTwenty-five - hyphenated number word
What is a hyphenated compound word?

A hyphenated compound word is a phrase made up of two (or more) words joined together by a hyphen. A hyphenated compound, like any other compound word, can be a noun, adjective, or adverb.

A compound word is one term, or one unit of meaning, formed by combining two or more independent words. A compound is generated when two words are combined to form a new meaning.

Compound words can be written in one of three ways: as open compounds (two words united to make a single word, such as ice cream), closed compounds (joined to form a single word, such as doorknob), or hyphenated compounds (two words joined by a hyphen, e.g., short-term).

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Consider the following information about an open economy: GDP is $1,000 million, consumption is $850 million, taxes are $50 million, government spending is $100 million, exports are $100 million, and imports are $125 million. Calculate the following variables for this economy:

Answers

An open economy is a form of economy in which entities from other nations trade goods in addition to domestic producers (goods and services).

What is an Open Economy ?

Management interchange, technological transfer, and the exchange of a wide range of commodities and services are all examples of trade. There are some exceptions that cannot be swapped; for instance, a country cannot trade its railway services with another nation in order to use the service.

In contrast, a closed economy forbids the conduct of both foreign trade and finance. Exporting is the process of selling products or services to another nation. Importing is the process of purchasing goods or services from another nation. International trade is the term used to describe both importing and exporting.

Calculation of the following Variables

Net Exports = Exports - Imports = 100 - 125 = -25

Therefore, Net exports are -$25 Million.

b.

GDP = C + I + G +(X-M)

1000 = 850 + I + 100 + (100-125)

1000 = 950 + I - 25

I = 1000 - 925

I = 75

Therefore, Investment is $75 Million

Step 2

c.

Private Sector Disposable Income = GDP - Tax = 1000 - 50 = 950

Private Sector Saving = Private Sector Disposable Income - Consumption = 950 - 850 = 100

Therefore, Private Sector Saving is $100 Million

d.

Public Sector Saving = Tax - Government Expenditure = 50 - 100 = -50

Therefore, Public Sector Saving is -$50 Million

e.

National Savings = Private Sector Saving + Public Sector Saving = 100 + (-50) = 50

Therefore, National Saving is $50 Million

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Discuss various tools for analytics of data from the primary and secondary sources including pros and cons of each tool.​

Answers

Primary research tools frequently use R and Python, Microsoft Excel, Tableau, and RapidMiner as data sources. When doing secondary data analysis, a researcher uses data that has already been obtained by another person for their own research.

Data analysis tools are software and programs that gather and analyze data about a company, its clients, and its competitors in order to streamline operations and help decipher patterns so that choices may be made using the data.

Once you have all the data you want in one location, comprehensive data analytics solutions can efficiently clean the data to guarantee that it is complete, accurate, current, properly formatted, and devoid of duplicate or extraneous information. That frees up a tonne of time for your analysts.

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The federal law that specified that men and women doing equal jobs must be paid the same wage is the
Blank blank act of 1963

Answers

The federal law that specified that men and women doing equal jobs must be paid the same wage is the Equal Pay Act of 1963.

In accordance with the Equal Pay Act of 1963, employers in the United States are not allowed to pay men and women who perform the same job duties and are subject to comparable working circumstances different wages.

It falls under the 1938 Fair Labor Standards Act as amended. Although there are still income gaps between the sexes, the act constituted a significant step toward gender equality.

The Equal Pay Act is based on the idea that everyone should get equal pay for equal effort. Salary, salary, overtime, bonuses, benefits, stock options, profit-sharing schemes, vacation and holiday compensation, vehicle allowances, and expenditure reimbursements are all taken into consideration.

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What are the similarities between the roles of the Federal Reserve and the FDIC?

Both the Federal Reserve and the FDIC insure deposits in savings accounts.
Both the Federal Reserve and the FDIC have regulatory power over the banking industry.
The FDIC is responsible for implementing bank laws passed by Congress.
Both the Federal Reserve and the FDIC implement consumer protection laws.

Answers

The Federal Deposit Insurance Corporation (FDIC) is the primary federal regulator for banks chartered by states that do not join the Federal Reserve System.In addition, the remaining insured banks and savings associations are overseen by the FDIC as a back-up.

How does the Federal Reserve interact with financial institutions?

The Federal Reserve is the primary regulator of banks that are members of the Federal Reserve System and has broad authority to act to maintain financial stability.It is the lender of last resort for member institutions that cannot borrow elsewhere.

What was the Federal Reserve's role in this?

Keeping an eye on and controlling activities and financial institutions.Individual financial institutions' safety and soundness are bolstered and their impact on the financial system as a whole is monitored by the Federal Reserve.

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The optimum number of subordinates a manager can supervise is referred to as what

Answers

The optimum number of subordinates a manager can supervise is referred to as span of control.

Span of control refers to the number of subordinates that can be managed effectively and efficiently by the supervisors or managers in an organization.

Specifically, it is either narrow or wide resulting in a flatter or more hierarchical organizational structure. In it, each type has its own inherent advantages and disadvantages or positive and negative sides.

Therefore, the answer is span of control.

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You are a manager in an electronics department that sells TVs. Corporate headquarters has provided a new incentive to salespeople—they will receive higher commissions when they sell higher-priced TV models. What should you do to maintain high ethical integrity in your department?

Answers

Analyzing the scenario, to maintain high ethical integrity in your department, it is necessary for salespeople to offer all available options to customers, so that they analyze their need.

What are sales techniques?

It corresponds to a set of actions and attitudes that sellers can develop to make more sales, such as offering quality service, using emotional and persuasive triggers, as well as negotiation techniques, helping and directing customers to buy a particular good.

To sell the higher priced TV models, sellers could then demonstrate through the product's features all its benefits, payment methods and conditions so that it is aligned with consumers' needs.

Therefore, the technique and strategy of ethical and honest sales is essential to transmit reliability, strengthen relationships and create value for the consumer.

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The total value of all bonds issued by the government of a country constitutes:

Answers

The total value of all bonds issued by the government of a country constitutes ​the national debt of the country.

The nation's national debt is considered to be the total amount which is thus borrowed and owed by the government and so it results when the government's expenses are higher than that of its revenues.

Here, the primary means by which the government takes on debt is by issuing government bonds to the public. Whereas, national debt is the total that a country owes its creditors. The national debt is said to be caused by government spending. Thus, this causes a budget deficit, but it's necessary to help in order to expand the economy.

Hence, a bond is considered to be a debt obligation.

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Being flexible is an important step in meeting deadlines?

Answers

Answer:

yes

Explanation:

20
Thomas's job is pretty stressful. He lives in France and his job responsibilities include things like coordinating housing assignments for embassy
workers and handing any disputes between the embassy, those who work for the embassy, and French citizens. Now he is preparing for a meeting
with embassy officials from Germany and Italy. What job does Thomas MOST likely have?
O A.
O C.
O D.
diplomat
ambassador
medium
entrepreneur

Answers

Thomas most likely to have the job of a diplomat. A diplomat is also somebody authorized to represent their country in diplomatic relations with another sovereign state.

State the differences between an ambassador and a diplomat.

A diplomat is an occupation, whereas an ambassador is a rank or title. A minister of the sending nation's highest level is an ambassador. They live in the receiving country and serve as an official messenger and ambassador for the sending nation.

The highest diplomatic position is that of an ambassador, who has precedence above the accredited by the foreign minister chargés d'affaires. Up until the 1960s, when the final legations were raised to embassies, ambassadors had the superior position above envoys. Every diplomat will be assigned to one of the diplomatic ranks (secretary, counselor, minister, ambassador, envoy, or chargé d'affaires) when serving in a foreign country.

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