Do you believe there must be more or fewer attempt to

Assignment Help Microeconomics
Reference no: EM13452252

To assist the sale of your products in a particular foreign market, you are advised to pay a 10 percent commission to a go-between who has access to high-ranking government officials in that market. You suspect, but do not know, that the go-between will split the commission with the government officials who decide which goods to buy.

Use your module readings, the Argosy University online library resources, and the Internet to research the importance of understanding cultural differences in global business. Then, respond to the following:

  • Should you pay the 10 percent commission? Justify your response.
  • Does it make a difference if your competitors routinely pay such commissions? Explain why this may or may not have an impact on your decision.
  • Do you think there should be more or fewer attempt to regulate international ethics? Why? Justify your answer using the research you have done in preparation for this assignment.

Reference no: EM13452252

Questions Cloud

How does international trade affect the countrys standard : why are trade agreements important for the various countries involved? how is international trade related to the u.s.
Include a literature review of three scholarly sources : research the responsibility of a critical thinker in a contemporary society. you may choose any topic that deals with a
In 3 to 5 paragraphs describehow you think the four ethical : in 3-5 paragraphs discuss how you think the 4 ethical principles tie into one or more of the following topic areas
Villarente company issued 5-year 200000 face value bonds at : villarente company issued 5-year 200000 face value bonds at 95 on january 1 2012. the stated interest rate on these
Do you believe there must be more or fewer attempt to : to assist the sale of your products in a particular foreign market you are advised to pay a 10 percent commission to
Why do firefighters recommend the use of a deluging volume : why do firefighters recommend the use of a deluging volume of water when extinguishing an oxidizer-supported fire?what
How does the amortization of principal balance affect : how does the amortization of the principal balance affect the amount of interest expense recorded each succeeding
In 3 to 5 paragraphs reflect on the history of abortion : in 3-5 paragraphs reflect on the history of abortion laws and the recent challenges to these laws in the united states
Quayle company has been sued by customer who claims injury : quayle company has been sued by a customer who claims injury from use of quayles product. the companys lawyers and a

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd