You can be shunned by those potential customers who might otherwise patronize your business. You might attract hostilities from equal rights groups who are just looking for something and someone to protest against.
The effect that low interest rates have on business investments is a low return. The low return will affect the profits of a business. It will also slow down business investments.
Purchase of treasury stock has no effect on the net income of a business. The purchase may affect cash flow of the business. No profit or loss is claimed when shares are re-issued at above or below cost.
The concept of duality means that every business transaction will have a dual effect on the accounting equation.
increase an asset, increase a liability
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Cultural Insensitivity means that people don't care about other cultures.
Examples of how socio-cultural factors effect a business environment
An error during translation can result in miscommunication, misunderstanding, or confusion between individuals or parties. It can lead to inaccuracies in conveying information, cultural insensitivity, and loss of the original intended meaning.
Cultural insensitivity can harm translate into lost businesses for companies. Whenever a group is treated insensitively it could lead to a loss of profits from the group and equal rights activists.
not completely sure but my guess is someone who says what they want about someones culture whether its good or bad with no regaurd to the other persons feelings about the subject
Inappropriate interpersonal communication arises from wrong choice of vocabulary or use of passive vocabulary, misinterpretation of body language or cultural insensitivity. In case of inappropriate communication leading to communication gap, the following can be tried. Rephrase what has been said using simpler words Repeat with emphasised gestures In case of inappropriate communication resulting from cultural insensitivity the following can be tried Analysis of where the communication gap occurred, spotting the cultural faux pas and remedying it immediately
Perception insensitivity is like trying to taste a dish with a numb tongue - you may miss subtle flavors or details that others can pick up on easily.
How does climate effect life?
Master of Laws in Cross-Cultural Business Practice was created in 2009.
The analogy of perception to insensitivity can be completed with the concept of numbness. Just as perception involves being sensitive to and aware of sensory stimuli, insensitivity represents a lack of responsiveness or emotional detachment towards those stimuli.
There are some cultures that may be offended by tactics used in Western marketing. The business must adjust their marketing strategy so that they are not alienating customers.
how do clutural change effect the life of the people