You are preparing for a business trip to Chile, where you will need to interact extensively with local professionals. Therefore, you would like to collect information regarding the local culture, and business practices prior to your departure. A colleague from Latin America recommends you to visit the Centre for Intercultural Learning and read though the country insights for Chile. Prepare a one -page description of the most striking cultural characteristics that may affect business interactions in this country.

Which of the following describes a situation in which there would be decreasing marginal utility? a. buying only necessities. b. buying a car to substitute for riding the bus. c. buying food in bulk to save money in the long run. d. buying a second winter coat.

Managers at flavors, a restaurant chain, train their employees such that in the absence of employees, someone trained in the same skills can step in and do the job equally well. thus, many modules in training are extensive as they provide employees with details of the skill sets required for different jobs. in practice, this lengthy training program does the company as a well-trained and flexible workforce is at their disposal at all times. the managers at flavors use a) job rotationb) vertical enhancementc) telecommutingd) job sharinge) flextime

Unlike the market for shirts at the local department store, the market for securities can experience significant upswings and downswings in values in the same day. program trading allows for thousands of trades to occur simultaneously. to prevent large, sudden drops in the value of securities markets, electronic systems rely on to temporarily close program trading. subprime markers circuit breakers price-points bear markets