One of the most important factors in forming a successful venture in China is guanxi, which means ________.

Answers

Answer 1

One of the most important factors in forming a successful venture in China is guanxi, which means personal relationships.

What is Guanxi?

Guanxi is a term that can be translated informally as social networks or personal ties. It operates on a personal, familial, social, business, and political level and entails mutual trust and duties between partners. One's influence and capacity for action are influenced by having good, bad, or no guanxi.

Guanxi is still significant while conducting business in China, but a number of considerations suggest that it may start to lose some of its significance. These include the opening up of the Chinese market, foreign direct investment, "guanxi learning" by foreign businesses, and internet intermediaries.

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Related Questions

What is Financing Decision??​

Answers

Financial decisions are decisions made by management about a company's finances. These decisions might pertain to asset purchase, finance and fund raising, day-to-day capital and spending management, and so on. Financial decisions therefore affect both the assets and liabilities of a company.

Financial decisions are the decisions that managers take with regard to the finances of a company. ... These decisions can be in terms of acquisition of assets, financing and raising funds, day-to-day capital and expenditure management, etc. Financial decisions therefore affect both the assets and liabilities of a company.

______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

how do customer expectations (represented by circles) change over time through movement on the perceptual map?

Answers

Your clients will come to demand smaller, quicker products over time. As a result, the segments shift or veer a little each month. The positions of the circles drastically shift over time.

What is called segment?

any of the sections or divisions into which something is naturally or artificially divided. 2.: a portion of a geometric figure that is divided by a line. especially: the region of a circle that is bounded by an arc and a chord. A market segment's typical attributes include its hobbies, way of life, age, gender, etc. Geographical, demographic, psychographic, and behavioural market segmentation are typical examples.A line segment in geometry has two different points on it that define its boundaries. A line segment is sometimes referred to as a section of a line that links two places.

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Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):

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Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:

contractionary fiscal policyexpansionary fiscal policy

What do we call a Fiscal policy?

In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.

We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.

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When a company finds a small but profitable market segment and designs products just for them, the company is engaged in:

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When a company finds a small but profitable market segment and designs products just for them, the company is engaged in: Niche marketing.

What is niche marketing?

This is a term that is used to refer to the specialization in the sale and the development of a particular product to a market.

It is the focus that is put in a particular market segment. Hence the answer is niche marketing.

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What did adam smith believe about about self-interest, private property, the role of government, and competition in the economy?.

Answers

Adam Smith was of the opinion that self-interest is important because it determines a competitive economy and allows all individuals to perform their best to increase their own personal gain.

Who is Adam Smith?

Adam Smith was a Scottish economist and philosopher who was a pioneer of political economy and key figure during the Scottish Enlightenment.

Therefore, Adam Smith believes self-interest is important. It determines a competitive economy and allows all individuals to improve their own personal gain.

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Which document attests to the validity of a municipal bond issue? registration statement

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A legal opinion document attests to the validity of a municipal bond issue.

A municipal bond (munis) is a bond issued by a government agency. When you buy a municipal bond, you are lending money to the issuer to make a certain number of interest payments for a certain period of time.

Municipal bonds are bonds issued by states, cities, counties, and other government agencies to fund day-to-day obligations and fund capital projects such as building schools, highways, or sewers. increase.

Municipal bonds are exempt from federal taxes and in many cases also from state taxes. If the bonds purchased are from a country other than the purchaser's country of residence, the home country may impose taxes on the interest income from the bonds.

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How often is it recommended that the employers or office manager conduct a performance review for each employee?

Answers

Typically, performance review are carried out every three to six months by most businesses. This maintains employees' concentration and motivation and guarantees that feedback is pertinent and timely.

How often is it recommended that the employer or office manager conduct a performance review for each employee?

Performance evaluations are conducted by some businesses on a semi-annual or quarterly basis, but the majority generally follow a yearly timetable. Preparing for a performance review—also referred to as an appraisal—can be difficult if you've never had one before. The obvious response is annually for the majority of organizations. However, evaluating performance and goal attainment once a year may not be sufficient in the majority of cases. The study's researchers discovered that professionals who received thorough feedback every month outperformed all other study groups. Over the course of the trial, those who received thorough monthly feedback demonstrated astounding 46% improvement in performance on their primary complaint measure compared to the control group.

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"Market Equilibrium" is...
A. The quantity where no more buyers want to buy stock
B. The price range where the quantity supplied equals the quantity demanded
C. What happens when there are the same number of buyers and sellers
D. Where the most trades are made

Answers

Answer: B

Explanation: Market equilibrium is when the quantity demanded and quantity supplied are equal

hope this helps good luck :))

suppose a stock will have a return of -9% during a recession, and a return of 18% with normal market condition. if over the next year, the chance of recession is 32%, and the chance of normal condition is 68%. what is the stock's expected return for the next year (in percentage terms)?

Answers

The stock's expected return for the next year is 3.04%.

What is stock?

A stock is a type of security that represents ownership in a corporation and entitles the holder to a share of the corporation's profits. Stocks are traded on exchanges, and investors can buy and sell stocks through brokerages. A stock is a type of security that represents ownership in a corporation and entitles the holder to certain privileges, such as voting rights and receipt of dividends. The stock market is where stocks are traded between investors. It is important to note that when you buy stock, you are not buying a piece of the company, but rather a piece of paper that represents ownership.

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Explain one reason why a business may use social media to promote

Answers

Answer:

Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers

Explanation:

How many programs does GA technology have related to stem programs

Answers

GA Technology currently offers four STEM programs: Code & Design, Web Development, Data Science, and UX Design.

What are programs?

Generally, Programs are sets of instructions that tell a computer what to do. They are written in programming languages such as C, C++, Java, Python, Ruby, and HTML. These instructions tell the computer how to perform tasks such as displaying output, manipulating data, and interacting with users. Programs are used to create applications, websites, and other software.

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Give a proper definition of money.

Answers

Answer:

Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Money provides the service of reducing transaction costs, namely the double coincidence of wants. Money originates in the form of a commodity, having a physical property to be adopted by market participants as a medium of exchange. Money can be: market-determined, officially issued legal tender or fiat money, money substitutes, and fiduciary media, and electronic cryptocurrencies.

Explanation:

Scientific evidence presented in the documentary, Journey of Man, how many years ago that the first humans began moving to other areas in the world? a. 100,000-300,000 years ago b. 1-2 millions years ago c. 40-60,000 years ago
d. 10-12,000 years ago

Answers

According to the scientific evidence presented in the documentary Journey of Man,

The first humans began moving to other areas in the world around 60,000-70,000 years ago. Therefore, the correct option is c. 40-60,000 years ago. current scientific understanding, the first humans began moving to other areas in the world around 60,000-70,000 years ago.The scientific method involves making observations, formulating hypotheses, conducting experiments, and analyzing data to test those hypotheses. The goal of science is to develop a deeper understanding of the world around us, and to use that knowledge to improve our lives and solve problems.

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Why would a business choose to be a private limited company?

Answers

Answer:

Stability due to Limited Liability: Private Limited Company has this feature of limited financial liability of all the shareholders. The liabilities are limited to their shares only. This feature protects the personal assets and income of shareholders at times of any financial crisis faced by the company.

cos of the limited liability of it's share holders.

easier to maintain

it's flexible Management structure

easier to raise capital

it's protection from creditors

Cash is an _____.
A) asset
B) expense
C) none of the above

(question is from small business entrepreneurship A)

Answers

A. Asset

Explanation:

-asset is a useful or valuable thing

Write a program that asks the user to enter ten temperatures and then finds the sum. The input temperatures should allow for decimal values.

Answers

Here's an example of a Python program that asks the user to enter ten temperatures and calculates their sum:

# Initialize a variable to store the sum of temperatures

temperature_sum = 0

# Iterate 10 times to get 10 temperature inputs from the user

for i in range(10):

   temperature = float(input("Enter temperature: "))

   temperature_sum += temperature

# Print the sum of temperatures

print("Sum of temperatures:", temperature_sum)

In this program, we use a for loop to iterate 10 times and prompt the user to enter a temperature at each iteration. The float() function is used to convert the user input to a floating-point number. The entered temperature is then added to the temperature_sum variable. Finally, the program prints the sum of the temperatures.

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The amount owed when credit is used is equal to the __________ plus __________. A. Balance. . . Tax B. Interest. . . Tax C. Principal. . . Balance D. Principal. . . Interest.

Answers

Answer:

A.Balance...Tax

Explanation:

the correct answer

Answer:

A. Balance... Tax

Explanation:

When working with direct appropriation funding what are some of the restrictions?

Answers

Purpose restrictions: The funding must be used for its intended purpose as specified by the funding source. For example, if the funding is designated for education, it cannot be used for other purposes like healthcare or infrastructure.

Time restrictions: Funding may have specific time frames within which it must be used. Failure to utilize the funds within the designated time period may result in forfeiture or penalties.

These are just a few examples of the restrictions that may apply when working with direct appropriation funding. It's important to carefully review the specific terms and conditions of the funding source to ensure compliance.

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What are the highest and the lowest priced commodities in matrixville? list the inhabitants of this charming town in order of increasing income. If our friend bob makes $40,000 per year, what are the incomes for the rest of the inhabitants? with all the moonshine that bob drinks, do you think he will live long enough to enjoy his good life?

Answers

With all the moonshine Bob consumes, his health will suffer and he will not be able to live a happy life. The other residents will receive the quantity according to the ratio determined by the organisation.

It illustrates how your business is using its resources and paying for its expenses in order to generate profits. Because it demonstrates how well the organisation is doing, the profitability ratio should be as high as it can be. Among the profitability ratios, profit margin and return on assets and equity are two examples. Ratio analysis looks at line-item data from a company's balance sheet to provide insights on profitability, liquidity, operational performance, and solvency. Ratio analysis enables you to compare businesses within the same industry or market and follow the evolution of one particular business.

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What do fulfillment centers do

Answers

Answer:

Fulfillment centers handle the logistics required to get an order to a customer's doorstep, eliminating the need for you to package, address, and ship each order yourself.

Explanation:

Hope this is what you were looking for!!!

Have a nice day

Which success factors point to using manpower and processes in an organization?
First- utilization, recruitment, or selection
Second- maintenance, accountability, or quality check

Answers

Answer:The first one is utilization and the second one is accountability.

Explanation:

Answer:

The success of an IS implementation relies on efficient  utilization  and  accountability  of manpower and processes.

Explanation:

Halifax Shoes has 33% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $84,037 in June, $73,042 in July, and $86,560 in August? Round to the nearest penny, two decimal places.

Answers

We must take into account both the credit sales collection pattern and the monthly sales made in order to determine the cash collected in August.

Given: June sales equaled $84,037 July sales were $73,042 and August sales were $86,560. The percentage of cash transactions in overall sales is 33%. Therefore, the following formula can be used to determine cash sales each month: Cash sales for June were $27,741.21 ($84,037 * 0.33). Cash sales in July were $24,084.86 (73,042 * 0.33). Cash sales for August were $28,543.20 ($86,560 multiplied by 0.33). We need to use the collecting pattern for credit sales. The percentages of collections are as follows: - Paid during the month of the sale: 65% - 25% was collected one month after the sale. - 5% was collected one month after the sale. How to calculate the money received from credit sales: Amounts received in August based on June sales, $54,625.05 ($84,037 * 0.65). Cash received in August from transactions made in July equals $73,042 * 0.25, or $18,260.50. Cash sales and money received from credit sales combined: Total cash received in August equals the sum of cash received from sales in August, June sales, and July sales. Total funds received in August were $28,543.20, $54,625.05, and $18,260.50 for a total of $101,428.75. As a result, the amount of money collected in August is $101,428.75.

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Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?

Printing Technology
Telecommunications
Performing Arts
Journalism

Answers

Answer:

Journalism

Explanation:

Answer:

journalism

Explanation:

The happy home company produces detergents, toothpaste, liquid soap, and kitchen roll. This company has a product ________ of four lines.

Answers

The happy home company produces detergents, toothpaste, liquid soap, and kitchen roll. This company has a product width of four lines.

A company is a legal entity made by a group of things to undertake and operate a business—commercial or industrial—enterprise. An association concedes the possibility be systematized in differing habits for tax and monetary responsibility purposes contingent upon the allied law of allure area of authority. Company values are the superior law of an arrangement that indicates the arranging's brand and breeding.

Product depth refers to the alternative in produce that a guest offers inside an individual product line. Product depth is main for parties, as they can use it to label currents in their merchandise and determine the brand they offer in agreements of number and variation.

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Consider the following scenario: When John Powers asked if he had completed the quality plan for his latest project yet, he did not hesitate. "I am not developing a quality plan. Quality is not my problem. I expect the director of the quality department to handle it." Power's colleagues were shocked by his answer. After all, their company's motto was "Quality is everybody's job." One of the project managers quoted the company's motto to Powers, be he remained adamant that quality was the job of the quality department. Questions: In this scenario, John Powers is adamant that quality is not his job or his concern. Discuss his opinion from the perspective of the project manager's responsibility to complete all projects according to specifications. Do you agree with Powers? Why or why not? Back up your opinion with concepts from your textbook where possible. (5 marks)

Answers

Quality is of utmost importance, from the perspective of a project manager, which means you can write an answer disagreeing with Powers, as below.

Why is quality important?

In this scenario, John Powers firmly believes that quality is not his job or concern, and he insists that it is the responsibility of the quality department. However, from the perspective of a project manager, it is essential to recognize that ensuring quality is indeed part of their responsibilities in completing projects according to specifications.

Project managers are typically accountable for the overall success of a project, which includes meeting quality standards. Quality should be integrated into every aspect of the project, from planning to execution and delivery. By overseeing and coordinating various project components, project managers play a crucial role in ensuring that deliverables meet the specified quality requirements.

While it is true that the quality department may have specialized expertise and resources dedicated to quality management, project managers should actively collaborate with the quality department and work together to achieve project objectives. They need to understand and address quality issues and ensure that quality considerations are incorporated into project planning, processes, and outcomes.

Therefore, it is our conclusion that it is best to disagree with Powers when it comes to his stance concerning quality.

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What are some positive and negative Impacts of globalization

Answers

Answer:

Globalization goal is 100% percent control of the people

Explanation:

Evidence of this is Charles Swab saying you will own nothing and be happy

Positive impacts are that globalisation can lead an increase in production for businesses in order to meet global demand. It allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.

Negative impacts are:

Outsourcing services, decrease in wages, workers' rights and interdependent economy.

A duty to place a client's interest above the professional's own
interests is known as:
Select one:
a.
a legal responsibility.
b.
solicitor-client privilege.
c.
a professional relationship.
d.
fiducia

Answers

The duty to prioritize a client's interests over the professional's own is known as fiduciary duty.

Fiduciary duty refers to the legal and ethical obligation for professionals, such as financial advisors, lawyers, and trustees, to act in the best interests of their clients. It requires professionals to place the client's interests above their own and to exercise loyalty, care, and utmost good faith when making decisions or providing advice.

Professionals with a fiduciary duty are expected to avoid conflicts of interest, maintain confidentiality, disclose any potential conflicts, and act in a manner that serves the client's welfare. Breach of fiduciary duty can lead to legal consequences and professional disciplinary actions.

Fiduciary duty establishes a relationship of trust and confidence between the professional and the client, ensuring that the client's interests are protected and that the professional acts in a responsible and ethical manner.

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The economy is in the horizontal portion of the AS curve, there is a liquidity trap, and investment spending is sensitive to changes in the interest rate. According to the Keynesian transmission mechanism, if the money supply increases the interest rate __________, investment spending __________, the AD curve __________ and the price level __________. Question 8 options:

Answers

Answer:

does not change; does not change; does not change; does not change;

Explanation:

According to the Keynesian transmission mechanism, if the money supply increases the interest rate does not change, investment spending does not change, the AD curve does not change and the price level does not change.

Keynesian maintain that transmission mechanisms are indirect. That is, changes in the money supply affect aggregate demand via changes in interest rates or exchange rates.

explain the difference between capital and capital goods

Answers

Explanation:

Capital: The most important city or town of a country or region.

Capital goods: Goods that are used in producing other goods, rather than being bought by consumers

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All the Southern states passed laws called _______ _______ NO TROLLS OR LINKS Martha has a box of assorted chips. There are 2 bags of Doritos, 4 bags of Cheetos, and 5 bags of plainpotato chips.a. What is the probabilty that Martha will grab a bag of potato chips? Write your answer as an unreducedfraction & a percent.b. If Martha grabs a bag of potato chips and takes them to eat with her lunch, what is the probability that herfriend, Jamie, will grab a bag of potato chips out of the box next? Write your answer as an unreduced fraction& a percent.c. Is this an independent or dependent event? EXPLAIN. Should consider the following: 1. Table of content, 2. An introduction, 3. Page numbers, 4. In-lext citations, 5. Reference list 6. Your font should be 12 Arial or Times of Roman, Assignment 1 [50 Marks] Critically explain the evotution of management thought through the classical, behavioral and quanfitative perspectives. Why is there a difference in scores on the Big Five between menand women? How true are those differences? Please help :) Write an ad for your favorite team; it can be from any sport. Pay special attention to punctuation and other graphics. The dividen is greater that 1,000, The quotient of 52 with a remainder of 18 Put these important historical events of the medieval period in correct order, from earliest to latest.the start of the Hundred Years Warthe fall of the Roman Empirethe Battle of Hastingsthe coronation of Charlemagne Pls help me with my homework What does ceteris paribus mean? Try to draw a graph with NPV profiles of A and B (similar to the one in the slides) with the crossover rate of 9%. If they accept B at 11% rate, it means at 11% discount rate, NPV(B) is above NPV(A).A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $12,000. What is the net present value of this project if the required rate of return is 11 percent?$69.52$62.63$5,700$1,048.75-$311.02 Use the following data set to answer the question below.8 12 15 910121218 141510 11 12 9 17What is the mode for the data set? a large school surveys 100 people by taking random samples of 10 teachers and 90 students. what type of sample is this If x + 4:8 = 30:4 find the value of x What percentage of the world's commercial energy is furnished by fossil fuels? A. 30% B. 50% C. 75% D. 90%. D. 90% the starting point in preparing a master budget is the preparation of the production budget. sales budget. purchasing budget In what way(s) did the Framers (writers) claim to have already tried in addressing the complaints? Which sentence supports the idea that many Samhain traditions became part of Halloween? A. Samhain also marked the Celts's new year. B. In Celtic villages, people tried to protect themselves from unkind fairies and ghosts. C. Today, we spend Halloween having scary fun. not hiding from fairies. D. Even so, we still carve jack-o'-lanterns and offer candy. What is the perimeter of this triangle?PLEASE HELP scarborough faire herb farm is a small company specializing in selling organic fresh herbs, teas, and herbal crafts. the cost of growing basil is $1.59 per bunch. at the farmers market they sell the bunches for $3.00 each. at the current cost of growing basil, what would be the appropriate price to achieve a target margin of 60%? What is the length of QR?