Why is it important to consider cultural differences when engaging in global business? A. It is easier to negotiate if everyone agrees to use the same nation’s business etiquette. B. What is acceptable in one culture may be offensive or have a different meaning in another. C. Cultural differences are minimal in business dealings because all businesses have the same goal of turning a profit. D. Trading internationally requires that experts in the business partner’s country be hired to manage accounts.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer