Write a 300-word response to the following question:

There are many articles that discuss the economic conditions of different countries throughout the world. Why should you care what happens financially in those countries?

The response should meet the following criteria:

1. Stay on topic and address the objectives.

2. Integrate theory, research or personal observations.

3. Include specific examples or substantiating evidence.

4. Include in-text citations and references in APA format.

Use the attached document “Correlation and Regression” to complete the assignment.

While apa format is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using apa formatting guidelines, which can be found in the apa Style Guide, located in the Student Success Center.

Benchmark Information

This benchmark assignment assesses the following programmatic competency:

MS Psychology

3.1 Interpret psychological phenomena using scientific reasoning.

P7-69B (Learning Objectives 1, 3, 8: Measure and account for the cost of a plant asset; measure depreciation by three methods; identify the cash-flow advantage of accelerated depreciation for tax purposes) On January 4, 2012, G.L. Brown Co. paid $235,000 for a computer system. In addition to the basic purchase price, the company paid a setup fee of $1,100, $6,200 sales tax, and $37,200 for a special platform on which to place the computer. G.L. Brown management estimates that the computer will remain in service for five years and have a residual value of $24,500. The computer will process 35,000 documents the first year, with annual processing decreasing by 2,500 docu- ments during each of the next four years (that is, 32,500 documents in 2013; 30,000 documents in 2014; and so on). In trying to decide which depreciation method to use, the company president has requested a depreciation schedule for each of the three depreciation methods (straight-line, units-of-production, and double-declining-balance).

▶ Requirements

1. For each of the generally accepted depreciation methods, prepare a depreciation schedule showing asset cost, depreciation expense, accumulated depreciation, and asset book value.

2. G.L. Brown reports to stockholders and creditors in the financial statements using the depreciation method that maximizes reported income in the early years of asset use. For income tax purposes, the company uses the depreciation method that minimizes income tax payments in those early years. Consider the first year G.L. Brown Co. uses the computer.

Identify the depreciation methods that meet Brown’s objectives, assuming the income tax

authorities permit the use of any of the methods.

3. Cash provided by operations before income tax is $154,000 for the computer’s first year. The income tax rate is 40%. For the two depreciation methods identified in Requirement 2, compare the net income and cash provided by operations (cash flow). Show which method gives the net-income advantage and which method gives the cash-flow advantage.

Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organization keeps the global economy stable. What is the WTO, and what is its history? What are the benefits of being a member of the WTO? What are the disadvantages? How does it settle disputes?

Choose a recent dispute between 2 countries, and discuss it. Include the following: Summary of what happened How it was resolved Role played by the WTO Do you agree with the resolution? QUESTION TITLE :- Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organizat

Interview AssignmentYou will read the following interview of an American expatriate who works for a large US corporation. This person has moved family and belongings to another country to work in management for a few years. It is a practice of many large US corporations to send their promising executives to foreign countries to work in one of their overseas operations so that will have an understanding of how important each piece of the operation is to the company.After you have read the interview and perhaps done a little research concerning what was said, please write a one page summary of your impression of how US management is trained to perhaps take over a top executive position with a company that has international besides domestic operations.Interview due in dropbox by Midnight of Sunday Week 8. InterviewInterview With A High-Ranking Executive at XYZ Company (Expatriate)Interviewer:Thank you for taking time to answer some questions for our international business class.Would you please tell us about yourself, your background and how you decided to work for the company you are with? How many years have you been with this company?Executive:I have been working with XYZ for just shy of 13 years. I was recruited by XYZ upon completion of my MBA at Duke/Fuqua School of Business, and joined the Revenue Management group within the Marketing and Planning organization. My roles in Revenue Management covered the Domestic US, Europe, and Latin America. After 4 years in RM, I moved to the Passenger Sales organization as the manager of the Sales Strategy group. About 2 years later, I was promoted to the Managing Director for Sales Planning, and for the last 3 years, I have been heading up XYZ’s Sales and Marketing efforts in the Europe/Middle East/Africa (EMEA) and India region.The flexibility of creating your own career path is what drew me to XYZ 13 years ago.Interviewer:How does your company decide who will make a good expatriate?Executive:At XYZ, we have very few expat positions. As such, we see these positions as ‘investment’ opportunities for key performers. A good expat at XYZ is someone that has a proven track record, someone who will continue to grow within the company, and who will contribute solidly to the team.Looking at the question slightly differently, we also have positions that we have historically filled with expats. These occur if there is a desire/need for the company to have someone at a particular location that has prior relevant experience in order to provide the appropriate leadership, corporate culture or training to a team.Interviewer:What kind of cross cultural training did you get?Executive:Our cross cultural training is not formal. We generally have well-traveled individuals given our industry. I am based in the UK, so my training was on-the-job. There is a saying here that the US and the UK are ‘divided by a common language’. It is true.I also have expat employees that work within my organization in more far-reaching places such as Russia. In those markets, we provide language courses at a minimum. We also rely on the US Embassy as well as local trade organizations as both have an interest in providing cross-cultural understanding and training.Interviewer:How long does the company usually have an expatriate stay in the host country?Executive:Depending on the posting, they tend to be set for a 3-5 year timeline.Interviewer:How long have you been where you are posted?Executive:My family and I have been in London for 3 years.Interviewer:What kind of language training does your company arrange for expatriates and their families?Executive:As the facilities and providers differ for each country, we ask the local HR representative or the expat employee to locate an appropriate language course, and we will reimburse the fees for the family. The courses are generally 6-12 weeks in length.Interviewer:What kind of package are they afforded in a foreign country? (i.e. house, school for children, car and driver, maid service?)Executive:Our expat compensation package is based on the premise of equity between your home country and your host country. In general, it is structured so that the employee is no worse or better off as a result of taking the expat assignment.Interviewer:How important is your family’s happiness to your successful time in a foreign country?Executive:An expat assignment is only successful if the family is also content with the assignment. It is difficult for an individual on an expat assignment, or any employee, to focus on work if the family is unhappy in the host country. I am fortunate that my family is very happy with our London assignment.Interviewer:How many trips are you given back home while you are posted in your host country?Executive:We are provided 2 round trips a year back to our home country, as well as travel days for the journey. Admittedly, by working for an airline, it is rather easier for us to get back to the US on rather short notice if we wanted to go more regularly.Interviewer:Is there a corporate residence in some of the places that your company might send an employee?Executive:Not generally. The first task on the list when you are a successful candidate for an expat position is to find a place to live.Interviewer:Thank you so much for taking time to answer these questions. You have helped us understand what the company can expect of the expat and what the expat can expect from the company.