create an article that could be shared online that defines key terms, explains fundamental concepts, and shares relevant examples as to why domestic businesses should consider expansion into global markets. the article should have a brief introduction that explains what readers will gain from the post, a body that provides content supported with textual evidence from the course resources, and a conclusion that summarizes key takeaways for the reader.
Answers
Expanding globally can be a complex process, but the benefits can be significant. By understanding key terms and fundamental concepts, businesses can increase their chances of success in foreign markets. Some of the most important concepts to consider include cultural differences and legal differences. Despite these challenges, the benefits of global expansion include access to new markets, diversified revenue streams, and increased brand recognition. By carefully considering these factors and developing a comprehensive international expansion strategy, businesses can achieve success in foreign markets.
As the world becomes more interconnected, it is increasingly important for businesses to consider global expansion opportunities. This article aims to define key terms, explain fundamental concepts, and provide relevant examples as to why domestic businesses should consider expansion into global markets. By the end of this post, readers will have a better understanding of the benefits and challenges of international expansion.
The benefits of expanding globally are numerous, including access to new markets, diversified revenue streams, and increased brand recognition. However, the process of expanding globally can be complex and requires a comprehensive understanding of the foreign market. In this article, we will explore the key terms and fundamental concepts that are necessary for successful international expansion.
One of the key terms that is essential to understand when considering global expansion is cultural differences. Cultural differences can manifest in many ways, including language barriers, differences in social norms, and variations in consumer behavior. These differences can be a significant obstacle for businesses that are attempting to enter a new market. One example of this is McDonald's failed attempt to expand into Iceland in the 1990s. Despite being a popular brand in other countries, McDonald's was unable to succeed in Iceland due to cultural differences. Icelandic consumers preferred local fast food options, and McDonald's was unable to adapt its menu to meet these preferences.
Another important concept to consider is legal differences. Each country has its own set of laws and regulations, and these can vary significantly from those in the domestic market. For example, China has strict regulations around data privacy, which can be a significant challenge for businesses that rely on collecting and analyzing customer data. Similarly, countries in the European Union have strict regulations around product safety, and businesses that are unable to comply with these regulations will be unable to enter the market.
Despite these challenges, there are many benefits to expanding globally. One of the most significant benefits is access to new markets. By expanding into new markets, businesses can access a larger customer base and diversify their revenue streams. This can be particularly valuable for businesses that are operating in a saturated domestic market. Additionally, expanding globally can increase brand recognition and improve a company's reputation.
Expanding globally can be a complex process, but the benefits can be significant. By understanding key terms and fundamental concepts, businesses can increase their chances of success in foreign markets. Some of the most important concepts to consider include cultural differences and legal differences. Despite these challenges, the benefits of global expansion include access to new markets, diversified revenue streams, and increased brand recognition. By carefully considering these factors and developing a comprehensive international expansion strategy, businesses can achieve success in foreign markets.
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Related Questions
Prepare a short report about the importance of hotel management.
Answers
Answer:
Having a hotel management degree can help you get a lucrative entry position in food or beverage service, accounts, restaurant service, executive housekeeping, marketing, or other departments within a hotel
Before selecting a brand name for a new product, marketers should determine the acceptability of brand possibilities among different cultures. As part of this process, marketers should.
Answers
Before selecting a brand name for a new product, marketers should determine the acceptability of brand possibilities among different cultures. As part of this process, marketers should determine if the brand name would be culturally taboo where the product will be marketed.
Your brand name is the most used, the most ubiquitous, which means it holds within it the majority of a brand’s value. The name is transmitted day in and day out, in conversations, emails, voicemails, websites, on the product, on business cards, and in presentations - everywhere. Names are way-finders, used by people to locate and choose you over your competitors.
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Roger Company sold machinery for a total price of $20,000 to be paid in four equal installments, plus interest. The first payment was made in the current year. The original cost of the machinery was $12,000 and $8,000 of depreciation had been taken on it. Ignoring interest income, what amount of income must Roger Company recognize in the current year under the installment method for this sale
Answers
Answer:
$8,000 ordinary income and $2,000 capital gain.
Explanation:
Calculation to determine what amount must Roger recognize in the current year
Since total gain is $16,000 calculated using this formula
Total gain=Selling price-Basis
Total gain=$20,000-$4,000
Total gain=16,000
Which means that he must recognize the complete $8,000 . Hence, the revised gain of $8,000 will be the ORDINARY INCOME in the current year which is calculated as:
Ordinary Income=Selling price-Adjusted basis
Ordinary Income=$20,000-$12,000
Ordinary Income=$8,000
Lastly is to determine The gross profit percentage of which will be applied to each using this formula
Gross profit percentage=Gross profit ÷Contract price
Gross profit percentage=$8,000 ÷ $20,000
Gross profit percentage=40%
Hence, the CAPITAL GAIN for the current year will be:
Capital gain = [($20,000 ÷ 4) × 40%]
Capital gain=$2,000
Therefore the amount that Roger must recognize in the current year is $8,000 ordinary income and $2,000 capital gain.
By drastically reducing inventories, manufacturers can increase the utilization of more floor space. This is an example of a
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Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.
What is a Just-inTime inventory system?A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.
With a Just-in-Time system, inventory arrives as production is scheduled to begin.
The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.
A. a merchandising inventory system.
B. a just-in-time (JIT) inventory system.
C. a finished goods inventory system.
D. determining inventory quantities.
Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.
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a competitive firm a. and a monopolist are price makers. b. is a price taker, whereas a monopolist is a price maker. c. is a price maker, whereas a monopolist is a price taker. d. and a monopolist are price takers.
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A competitive firm is a price taker, whereas a monopolist is a price maker.
In a competitive market, there are numerous buyers and sellers, and no individual firm has the power to influence the market price. Therefore, a competitive firm must accept the prevailing market price as given and adjust its quantity of output accordingly. The firm is a price taker, meaning it has no control over the price and must accept it to maximize its profits.
On the other hand, a monopolist has market power and faces limited or no competition. As the sole provider of a particular good or service, the monopolist has the ability to influence the market price. The monopolist can choose the price it wants to charge and adjust its quantity of output accordingly. Therefore, a monopolist is a price maker, as it has the power to set the price in the market.
To summarize, a competitive firm is a price taker, accepting the market price, while a monopolist is a price maker, having the ability to set the price in the market.
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What step is most important for sellers to focus on.
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The step that is most important for sellers to focus on is Identifying customers with lifetime value to the seller.
Who is a seller?A seller is an individual or group that is responsible for selling the product or service to the consumer.
However, the seller needs to Identifying customers with lifetime value because this will help in the long run.
Therefore option C is correct
CHECK THE COMPLETE QUESTION;
What step is most important for sellers to focus on?
A: Keeping all customers at all cost
B: Keeping loyal customers and forgetting about the others
C: Identifying customers with lifetime value to the seller
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What can be used to customize how the data is tracked in the Conversions
column
Answers
Answer:
The answer is "Include in Conversions setting".
Explanation:
It may or may not want to include information from a conversion action in your reporting row "Conversions." For each one of your transfer actions, you can set its configuration. So, how it can include some categories of conversions to not include others, therefore, it can use Conversions to change how well the data throughout the Conversions section is monitored.
How do I record on windows computer
Answers
Explanation:
Navigate to the screen you wish to record and press Win+G to open Game Bar. Several Game Bar widgets appear on the screen with controls for capturing screenshots, recording video and audio, and broadcasting your screen activity. Click the Start Recording button to capture your screen activity.
Answer:
you'd need to download software for recording. as far as i know windows doesnt have built in recording capabilities. are you looking at screen recording or just sound?
Explanation:
Describe each of the three categories that money is generally placed in. Include an example of each. (4 points)
Subject is (Economic)
Answers
Answer:
other have in business is 1 pesos 2 pesos if u want to have a price like 1 pesos in 1 piece
give short introduction about tourism industry
Answers
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
how can you attract whole sale seller
Answers
Answer:
10 ways to increase your wholesale sales
1. Offer specials that bring retailers better-than-wholesale prices.
2.Provide outstanding customer service.
3.Make wholesale ordering, delivery, and billing as seamless as possible.
4 Streamline your operations.
5.Make order recommendations.
6.Create compelling, eye-catching campaigns.
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If inputs decrease by 6% and outputs decrease by 20%, what is the percentage change in productivity?Hint: assume old inputs and old outputs to be 1.-14.89% 333.33% -14.00% 30.00% 17.5%
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If inputs decrease by 6% and outputs decrease by 20% the percentage change in productivity is a 333.33% increase, option 2 is correct.
The percentage change in productivity can be calculated using the following formula:
Percentage Change in Productivity = [(New Output - Old Output) ÷ Old Output] ÷ [(New Input - Old Input) ÷ Old Input] × 100%
Using the given inputs and outputs, we can calculate the percentage change in productivity as follows:
New Input = Old Input - 6% of Old Input = 0.94 × Old Input
New Output = Old Output - 20% of Old Output = 0.8 × Old Output
Percentage Change in Productivity = [(0.8 × Old Output - Old Output) ÷ Old Output] ÷ [(0.94 × Old Input - Old Input) ÷ Old Input] × 100%
= [(0.2) ÷ (0.06)] x 100%
= 333.33%
Thus, option 2 is correct.
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The complete question is:
If inputs decrease by 6% and outputs decrease by 20%, what is the percentage change in productivity? Hint: assume old inputs and old outputs to be
1.-14.89%
2. 333.33%
3. -14.00%
4. 30.00%
5. 17.5%
Anna and Alex work at the local movie theater. Anna is always complaining about the working conditions at the theater, the long hours, and about most of the people that they have to work with. Although Alex does not approve of Anna's ongoing complaints and wants to tell Anna to quit, he does not. He lets her talk while he
concentrates on his duties. Which of the following traits is Alex demonstrating:
A. Interest and enthusiasm
B. Assertiveness
C. Self-control
D. Adaptability
Answers
Alex is shοwing οptiοn c) self-cοntrοl by nοt respοnding impulsively tο Anna's cοmplaints, even thοugh he disagrees with them.
What are cοmplaints?Cοmplaints are expressiοns οf dissatisfactiοn, displeasure, οr criticism regarding a prοduct, service, persοn, οr situatiοn. They can be made verbally, in writing, οr οnline and can range frοm minοr issues tο seriοus grievances. Cοmplaints are οften made tο seek resοlutiοn, redress, οr cοmpensatiοn fοr the perceived prοblem.
They can alsο serve as feedback fοr businesses οr οrganizatiοns tο imprοve their prοducts οr services. Cοmplaints can be handled thrοugh variοus means, such as custοmer service representatives, cοmplaint hοtlines, οnline fοrms, οr legal channels. Addressing cοmplaints in a timely and effective manner can help tο maintain pοsitive relatiοnships between businesses and custοmers and prevent negative publicity.
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The table below gives the prices in N$’s of the stalls as well as the number of stalls available at Windhoek Show grounds for 2015 and 2021. 2015 2021 Item Price (N$) Quantity Price (N$) Quantity Front stalls 2.50 14 4.65 19 Outdoor stalls 1.00 12 1.25 12 Indoor stalls 0.75 1 3.50 2 Grass area stalls 10.00 1 25.00 3 Required: i. Compute and interpret the unweighted aggregate quantity index. (5) ii. Compute and interpret the Laspeyres quantity index. (5) iii. Compute and interpret the Paasche quantity index. (5) iv. Compute and interpret the Paasche price index
Answers
The unweighted aggregate quantity index measures the change in the overall quantity of stalls available between 2015 and 2021. It is computed by summing the ratios of the quantities in 2021 to the quantities in 2015, and then dividing by the number of items.
How is the unweighted aggregate quantity index computed?The unweighted aggregate quantity index is computed by summing the ratios of the quantities in 2021 to the quantities in 2015, and then dividing by the number of items. Mathematically, it can be expressed as:
\text{Unweighted Aggregate Quantity Index} = \frac{\left(\frac{Q_1}{Q_0} + \frac{Q_2}{Q_0} + \ldots + \frac{Q_n}{Q_0}\right)}{n}
Where:
\(Q_0\) represents the quantities in 2015\(Q_1, Q_2, \ldots, Q_n\) represent the quantities in 2021\(n\) is the number of itemsThe interpretation of the unweighted aggregate quantity index is that it shows the average change in the quantity of stalls available from 2015 to 2021, without taking into account the prices of the stalls.
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Malvolio Ltd traded its delivery van in for a new van on the 31st December 2016. The old van was purchased during the year ended the 31st December 2011 for £28,000, and has been depreciated using 15% straight line (a full year depreciation is charged in the year of purchase, none in the year of sale).
The purchase price of the new van is £35,000 but Malvolio Ltd only needed to pay £27,000 following the trade in.
The gain or loss on disposal of the old van is:
£8,000 gain
£1,000 gain
£1,000 loss
£8,000 los
Answers
The gain or loss on disposal when the old van is sold, can be found to be B. £1,000 gain
How to find the gain or loss on disposal ?First, find the amount that the old van was depreciated to from 2011 to 2016. This amount was a straight line depreciation which is :
= ( 28, 000 x 15 % ) x 5 years
= £21, 000
The netbook value of the van is:
= 28, 000 - 21, 000
= £ 7, 000
The gain on the old van is:
= Amount new van is worth - Amount paid by Malvolio - netbook value of old van
= 35, 000 - 27, 000 - 7, 000
= £ 1, 000 gain
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Which of the following could be considered collateral for a loan? (Select all that apply.)
A. buildings
B. inventory
C. machinery
D. wages
Answers
Option B: inventory
Collateral is simply an asset, such as a car or home, that a borrower offers up as a way to qualify for a particular loan. collateral can make a lender more comfortable extending the loan since it protects their financial stake if the borrower ultimately fails to repay the loan in full.
The biggest risk of a pawn loan is that you can lose your assets if you don't repay the loan. it's especially dangerous if you back your loan with a very valuable asset like your home. It requires you to have valuable assets.
many banks and credit unions offer savings accounts, certificates of deposit (CD) funds, or secured personal loans, which are personal loans secured by your car. for this reason, these loans are sometimes referred to as mortgages. often there is no limit to these types of credits.
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5. Which option defines a tax benefit? (1 point)
A. a type of tax form that needs to be completed each year.
B. some type of savings for taxpayers
C. a government loan
D. a government bond affiliated to tax collection
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Option D. a government bond affiliated to tax collection defines a tax benefit.
The required details about tax collection is mentioned in below paragraph.
Tax collections way all bills obtained on or with admire to the Included Leases or the associated Equipment which are Excluded Amounts on account of any taxes, expenses or different prices imposed through any Governmental Authority.In order to garner profits for the authorities to finance social projects, tax is amassed from people and businesses via direct tax and oblique tax. These tax collections shape the authorities's sales. Revenue receipts may be of types — non-tax sales and tax sales.Collecting taxes and expenses is a essential manner for countries to generate public sales that make it viable to finance investments in human capital, infrastructure, and the availability of offerings for residents and businesses.
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Answer: some type of savings for taxpayers
Explanation:
Which scenario describes a student citing an online source in his or her work?
Answers
Answer:
a
Explanation:
Which scenario describes a student evaluating an online source?
The most populous country in the world is
O Russia
Egypt
O China
India
Answers
unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.
Answers
The risk of loss of assets beyond the assets of the business is referred to as unlimited liability. It is one of the characteristics of a sole proprietorship.
A sole proprietorship is a form of business organisation is which only person owns the business.
Characteristics of a sole proprietorship
it is owned by one personthe business has unlimited liability. It means that the owner of the business is liable to the liabilities her business. the business usually lacks continuity. this type of business usually ceases to exist when the owner dies.Advantages of sole proprietorship
It is easy to establish. The business owner has complete control over the business.Disadvantages of sole proprietorship
The lifespan of the business is often limited to the lifespan of its owner. The owner has an unlimited liability.A similar question was answered here: https://brainly.com/question/21297889
Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours. Round your answer to the hundredths place.
Answers
Answer:
Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69
Explanation:
Per hour amount paid to Matt = $6.75
Total number of hours worked by Matt = 20.25
To find Gross pay, multiply hours worked and hourly rate of pay.
Therefore,
Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours \(=20.25(6.75)=\$136.6875\) ≈ $136.69
Which of these actions would HR seek to encourage in attempting to create a lowest-cost competitive strategy?
A) an employee's long-term focus
B) unpredictable employee behavior
C) high concern for the quantity of output
D) high concern for the quality of output
Answers
c) high concern for the quantity of output. A high concern for the quality of output should also be encouraged, but in the context of a lowest-cost strategy, quantity is emphasized to drive efficiency and cost-effectiveness.
in attempting to create a lowest-cost competitive strategy, HR (human resources) would seek to encourage the following action:
A lowest-cost competitive strategy typically involves maximizing efficiency and productivity to minimize costs. by encouraging employees to have a high concern for the quantity of output, hr aims to promote a focus on productivity, output volume, and achieving operational efficiency.
this can involve setting performance targets, implementing lean processes, optimizing workflow, and fostering a culture that values productivity and output. by emphasizing quantity, hr aims to ensure that resources are utilized effectively, waste is minimized, and the organization can achieve economies of scale or scope.
however, it's important to note that while quantity is a focus in a lowest-cost strategy, maintaining an acceptable level of quality is also crucial. balancing cost reduction with quality considerations is essential for long-term success and Customer satisfaction.
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Why did the stock price of Pfizer company decrease yesterday when it announced increased quarterly earnings?
Answers
The prices of shares of a company can increase even after reporting a bad quarter earnings because investors expect a turnaround in its future earnings.
This assignment will help you apply porter's forces to an organization to find competitive opportunities using technology. ASSIGNMENT In this assignment you will choose an organization, and then walk through each force and ultimately choose a technology strategy to create an advantage. - Choose an industry, and then choose an organization within that industry. Describe both briefly. - Using Porter's Five Forces, for each force describe a 'problem' and an 'opportunity' within each force for the organization you selected in the above step. For Example: If I chose fast food and McDonald's, a problem for McDonalds in the customer force is that customers are increasingly becoming health focused. An opportunity for McDonald's would be to explore 'power shakes' that include workout supplements. - Next, examine the four basic competitive strategies. For each strategy, identify your selected organization's main competitor that would fit in that strategy (describe why you feel it fits). Which strategy (area) provides the most opportunity for your organization and which area does your organization belong to? - Finally, make a statement on what your selected organization's strategy should be.
Answers
Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.
The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.
Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.
Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.
The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.
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Question 3: Supply Chain Management encompasses the planning and management of all activities involved in and and all .? onegomont ancompasses the planning and
Answers
Supply Chain Management encompasses the planning and management of all activities involved in sourcing, procurement, production, logistics, and distribution of goods and services.
Supply chain management involves the coordination and integration of various functions and processes across different organizations and stages of the supply chain. It encompasses activities such as demand forecasting, inventory management, production planning, transportation, warehousing, and customer relationship management. The primary goal of supply chain management is to optimize the flow of materials, information, and funds across the supply chain to achieve operational efficiency, cost-effectiveness, and customer satisfaction.
Effective supply chain management enables organizations to streamline operations, reduce costs, improve product quality, enhance customer service, and gain a competitive advantage in the market. It plays a crucial role in mitigating risks, responding to market changes, and fostering collaboration and innovation among supply chain partners. By implementing efficient supply chain practices, organizations can ensure timely delivery of products, maintain optimal inventory levels, minimize waste and inefficiencies, and meet customer demands effectively.
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Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(n) _____ basis
Answers
Answer:
Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a SALARY basis. Salary system of compensation is often based on qualifications, seniority, experience and the degree of difficulty of the job that the staff is executing.
If Canada were to export $100 billion of goods and services and import $150 billion of goods and services, and there were no other factor income or transfers, then the balance on the financial account would be:
Answers
If Canada were to export $100 billion of goods and services and import $150 billion of goods and services, with no other factor income or transfers, then the balance on the financial account would be f $50 billion. This is because the financial account records all transactions involving the acquisition or disposal of financial assets and liabilities between domestic residents and non-residents.
Step 1: Determine the trade balance.
The trade balance is the difference between the value of exports and imports.
Trade balance = Exports - Imports
Trade balance = $100 billion - $150 billion
Trade balance = -$50 billion (a deficit)
Step 2: Calculate the balance on the financial account.
Since there are no other factor income or transfers, the balance on the financial account would be the opposite of the trade balance, as the financial account measures the net change in ownership of national assets.
Financial account balance = -Trade balance
Financial account balance = -(-$50 billion)
Financial account balance = $50 billion (a surplus)
In this scenario, the balance on the financial account would be a surplus of $50 billion. This means that Canada is experiencing a net inflow of financial assets, which could be due to foreign investments, loans, or other financial transactions.
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What is debt?
I have to put twenty characters. To ask this question.
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What is the primary difference between common and preferred stockholders?
A. Common stockholders have a higher claim on the business.
B. Preferred stockholders are the only ones who can vote for the
board of directors.
C. Common stockholders are required to be employees of the
business.
D. Preferred stockholders have greater security.
SUBMIT
Answers
Answer:
D
Explanation:
Preferred stock holders have greater security.because in the event of the business failure,they have the first claim in the distribution of company assets.
I hope this helps
When businesses sponsor
community events they are largely
fulfilling their
responsibility to:
Answers
When businesses sponsor community events they are largely fulfilling their responsibility in order to grow their customer base through the promotional benefits of the event.
A community event is an event which is based on the public property, and either has attendees over 50, or blocks or reserves which have access to public passages or the right of way. So, such events have direct and indirect impacts on communities.
These events tend to provide opportunities for skills development, participation, volunteering and social, cultural economic and environmental developments. Thus, this way they also grow their customer base through the promotional benefits.
Hence, such community events also attract the tourists.
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