Hi, i have some problems about the question i asked you last time

First,make brief answer for this which the teacher asked me

Estonia is a developing country in that it is relatively new to handling international business issues. Using Hofstede’s criteria (p. 120 in your text) describe the culture for business people new to Estonia. 

And i have to response two other students in class, below are their airticle, just brief response, whatever from which aspect

First one

 Anholt describes a “Good Country” as being one that makes decisions based on the greater good of not only humanity, but the environment as a whole. (Anholt, 2016) The actions of individuals, cities, and entire nations can either make great contributions to the world or cause serious damage. Typically the goal of each nation is to advance by doing whatever it takes to create a more profitable, stable, and globally influential nation for its people.Anholt is not only bringing awareness to the global issues, but also suggests that the “culture of governance worldwide” must change to yield the best results. (Anholt, 2016)

The South American nation of Chile is ranked 24^th on the Good Company Index. Though Chile is “gooder” than 80% of the other nations on The Good Company Index, there is significant room for improvement. (Anholt, 2016).  Chile can use moderate improvement in the categories of Science and Technology- 52^nd; Culture- 47^th; and International Peace and Security-42^nd. The area of Science and Technology can improve by adding more international students. In order to become more attractive to foreign students, Chile will first need to improve their Health & Wellbeing category which currently has a ranking of 114. The Culture category can easily be improved by exporting more creative exports to inform other areas of the globe about Chile’s cultural background.

The safety within the nation and their contribution internationally as a result of Chile’s citizens is detrimental to the ranking of how good Chile is. Chile makes a substantial negative contribution to humanitarian aid. This may be a result of Chile requiring large amounts of humanitarian aid while not contributing much to other areas of the world.  International Peace and Security can be improved by reducing the “number of casualties of international organized violence.” (Anholt, 2016) The reduction of crime in Chile will result in children maturing into law abiding citizens. Such citizens will also consider doing things such as contributing to humanitarian aid and subsequently improving Chile’s Health and Wellbeing ranking.

Chile’s unemployment rate is at an impressive 5.8% as of January 2016. (Economy, 2016) While the great majority of Chile citizens are employed, they may not occupy the jobs that are needed to make Chile into a globally aware nation. Managers should focus on shaping their employees into the pillars of community that are willing to donate their time to educate the younger generations or volunteer for various humanitarian aid programs. The Chilean government has limited time to devise a plan as in recent years Chile has undergone “traumatic ups and down and is now challenged to grow.” (Forbes, 2015)The Chilean government should create government funded programs or incentives to encourage citizens to give their time to improve the nation that they call home.

Second one

Managers in Mongolia should focus on rebuilding the interest that once existed in foreign direct investment, or FDI (Forbes 2015). To do this, they need to leverage the strengths of the country, such as the growing interest in Mongolia’s nature resources (Murphy, 2003), while doing their part to reduce the unattractive aspects of Mongolia within their control, for example reducing their carbon footprint by investing in cleaner manufacturing practices. The face that Mongolia according to the God Country Index, is 101st in global contribution to planet and climate shows that there is a lack of corporate social responsibility (Luthans, 2015), and likely even less government regulations holding managers to environmental standards.

Geographical challenges are something managers in Mongolia are somewhat handcuffed by. The majority of the trade in Mongolia is with China, and they receive the most of their energy resources, such as gasoline and diesel, from Russia (Forbes, 2015). This leaves the country vulnerable to price hikes on both fronts. To counteract this, mangers could look to other prospective countries for trade sources, however the landlocked country only borders the two aforementioned countries, making FDI even more important (Narangoa, 2012).

To increase FDI, managers could look into partnerships with major producers of their needed materials. Beyond that, managers could lobby political figures for tax breaks and leverage the commitment the new government made to restoring investor trust and jumpstarting the current economy (Forbes, 2015).

By making their voices heard in a political sense, and doing their part to become better stewards of the global environment, I would expect that economic growth would be a slow process, but a sustainable (Luthans, 2015) one. A country like Mongolia, with its geographical and weather challenges (Murphy, 2003), is not going to change overnight. A good relationship with the government and a notable effort toward a cleaner environment should be the first step for managers in Mongolia.

This week we are studying the statement of cash flows. Operating cash flow represents the cash that flows in and out of the company on a day-to-day basis. For example, cash inflows come from collected revenues and cash outflows occur when the firm pays its normal day-to-day expenses.  We, of course, would prefer to see a positive total on the net cash provided by operating activities, because it implies that cash inflows are greater than cash outflows. In your textbook, the author discusses 4 financial ratios associated with operating cash flows; please study these ratios. Remember that the denominator on the ratio operating cash flow/current maturities of long-term debt is being revised to current liabilities; therefore, we will report the ratio as operating cash flow/current liabilities (see discussion on Page 3 of the Module 5 lesson).

This week, find the statement of cash flow for a firm of your choosing and report the cash flow ratios.  Please report and discuss 3 years of ratios for the three ratios related to debt and dividends but only the current year’s cash flows per share.  Show numerators and denominators for all ratios and then discuss their economic meaning. It is possible that your firm does not pay dividends (you will see dividends in the financing section of the cash flow statement).

The cash flow per share ratio is particularly challenging since most of the numbers in the statements are in thousands or millions (look at the top of the statement for a note) while the number of shares outstanding only for the current year (in yahoofinance, under your firm’s page, look in “Key Statistics” and you will find the number of shares in the right-hand column about halfway down the page).  You only have to report ONE YEAR on the cash flow per share.  Please do not report on Nike, as that will be the firm posted as an example.  Again, please do not duplicate firms by including the name of your chosen firm in the title to your post.  Also, please respond to questions/comments from your instructor regarding your post. 

Andrea Tabares was just hired as the assistant treasurer of Northshore Stores, a specialty chain store company that has nine retail stores concentrated in one metropolitan area. Among other things, the payment of all invoices is centralized in one of the departments Andrea will manage. Her primary responsibility is to maintain the company’s high credit rating by paying all bills when due and to take advantage of all cash discounts.

William Parks, the former assistant treasurer, who has been promoted to treasurer, is training Andrea in her new duties. He instructs Andrea that she is to continue the practice of preparing all checks “net of discount” and dating the checks the last day of the discount period.

 “But,” William continues, “we always hold the checks at least four days beyond the discount period before mailing them. That way we get another four days of interest on our money. Most of our creditors need our business and don’t complain. And, if they scream about our missing the discount period, we blame it on the mail room or the post office. We’ve only lost one discount out of every hundred we take that way. I think everybody does it. By the way, welcome to our team!”

• What are the ethical considerations in this case?

• What stakeholders are harmed or benefited?

• Should Andrea continue the practice started by William? Does she have any choice?

The Fashionable Company manufactures various types of clothing. The computerized cost accounting system accumulates the costs of manufacturing these products. Variance reports are produced and reviewed but sometimes need to be run again due to errors or revised data. The costs of this reprocessing work is $15,000. A new data validation control procedure within the cost accounting system is proposed to reduce the risk of the data errors from 12% to 1.5%. Costs to implement this procedure and run it every week amount to $700. Perform an analysis of this procedure and recommend whether the cost-benefit of implementing such a procedure makes sense or not.

Your well-written paper should meet the following requirements:

Cite a minimum of two scholarly sources