Two barriers prevent people from successfully understanding and accepting people from other cultures: ethnocentrism and stereotypes. Fortunately, these barriers may be overcome by developing tolerance. Choose the best answer for each of the following. Ethnocentrism: Is only found in North American culture Reveals fundamental differences between people of different ethnicities Causes us to judge others by our own values Stereotypes are: Oversimplified perceptions of behavioral characteristics of groups of people Reliable and accurate descriptions of cultural norms Useful for determining the general characteristics of groups of people Which of these is not an example of tolerance in the workplace? Listening empathetically Accepting difference Making decisions based on difference Although most international business is conducted in

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.