Why Should Domestic Managers Have an Understanding of Globalization and International

question 82

Essay

Why should domestic managers have an understanding of globalization and international business? What are the current views regarding the future of globalization?

Comprehend the societal advantages of age grades and age sets.

Distinguish between open-class and closed-class societies.

Define and differentiate key sociological terms such as social mobility, clan, lineage, and totemism.

Explain how new reproductive technologies challenge traditional kinship terminology.

---

Definitions:

Price-Earnings Ratio

A financial metric used to evaluate a company's share price relative to its earnings per share, helping investors assess the market value of a stock.

Times Interest Earned

is a financial ratio that compares a company's income before interest and taxes (EBIT) to its interest expenses, indicating how well the company can cover its interest obligations.

Debt-To-Equity Ratio

A formula displaying the relative use of debt and equity from shareholders in the financial strategy for a company's assets.

Average Collection Period

calculates the average number of days it takes for a business to receive payments from its customers for invoices issued.