Question 1:

1.) What is your opinion on the protectionist viewpoint? Can protectionist policies help, or hurt you, or both, as a global business? Explain in detail.

2.) If people wanted to do business in Mexico, of the following 5 options, which would be the top two choices for entering their market/country? Explain the reasoning for each of the top 2 choices. ( if it helps in answering this question, could usage of a specific type of business when referencing the top 2 choices. ) Choices: a.) Exports b.) Licensing c.) Franchising d.) Joint Venture e.) Foreign Direct Investment

3.) A.) If a person is going to do business in a country that has the following 5 characteristics: 1.) High Power Distance 2.) Ethnocentric 3.) Monochrome Culture 4.) High Context Culture 5.) Individualist Culture ( some of these refer to Value Dimensions relating to Global Business ) What challenges or potential problems could they face with each of these characteristics? Or, are they likely to pose no problem for them? Explain thoroughly. B.) Overall, what is the importance of cross-cultural understanding in having a successful global business experience? How could they gain cross-cultural understanding before they actually go into business in another country? Explain.

4.) A.) Discuss the reasons why some country's currencies are worth more relative to other currencies. Why do some suggest that China's currency, the Yuan, should be a higher value in foreign exchange markets than it currently is? Is there an advantage for China to keep the value of their currency lower? Explain Why, or Why not. B.) Exchange rates can vary daily and add to trading costs. To make trade easier between countries, do you think we will ever have a common currency between all countries ( a single global currency )? Why, or Why not? Explain.

Question 2:

Instructions Chart of Accounts First Question Journal Instructions First Question a. What is the adjusted balance on the bank reconciliation?QUESTION ONE [20] Every contract consists of an offer made by one party and accepted by another. An offer may be defined as a proposal which expresses a person's willingness to become a party to a contract, according to the terms expressed, Acceptance of the offer by another person binds both contractually Discuss the rules in relation to offer and acceptance and provide examples to support your answerQuestion 39 Not yet answered Marked out of 1.00 P Flag question "To provide better guidelines on standard cost accounting practices", is one of the objectives of a manufacturing firm that can be achieved through O a. Cost Accounting Standards O b. Generally Accepted Accounting Principles O . Charted Accounting Institute Standards O d. International Financial Reporting StandardsQuestion 24 2 pts Acyl CoA Synthetase, is an enzyme that requires ATP to function and yet it can run backwards making ATP! Why can acyl-CoA synthetase make ATP, when it consumes ATP? The thioester bond on Acyl CoA provides energy for ATP production. O The phosphate group on the CoA can provide energy for hydrolysis. O The enzyme actually favors the reverse reaction (positive AG) O There is a second enzyme that uses ATP to un-charge the acyl CoA. O None of the answers provided answers the questions