As the president of a developing country, my priority would be to promote economic growth and improve living standards by leveraging our comparative advantage in computers and corn through international trade. This would involve ensuring political stability, developing infrastructure, and negotiating favorable trade agreements to enhance our competitiveness in global markets.
As the president of a developing country that only produces computers and corn, my main goal would be to promote economic growth and improve the living standards of the population. International trade would play a crucial role in achieving these objectives. By engaging in international trade, we can leverage our comparative advantage in the production of computers and corn to generate income, create employment opportunities, and attract foreign investment.
In the context of a difficult democratization process, it is essential to establish political stability and restore confidence in the country. This can be achieved by implementing transparent and accountable governance systems, fostering the rule of law, and ensuring the protection of property rights. A stable political environment is vital for attracting foreign direct investment and encouraging international trade partnerships.
To facilitate international trade, I would prioritize the development of infrastructure, such as transportation networks, ports, and logistics facilities. Efficient infrastructure is crucial for reducing trade costs, ensuring the timely delivery of goods, and enhancing the competitiveness of our exports.
Additionally, I would focus on negotiating trade agreements with other countries to secure favorable market access for our goods. These agreements would aim to reduce trade barriers, such as tariffs and quotas, enabling our products to compete more effectively in international markets.
Overall, as the president of a developing country, I would strive to harness the potential of international trade to drive economic growth, create employment opportunities, and improve the standard of living for our citizens. By leveraging our comparative advantage in computers and corn, investing in infrastructure, and fostering favorable trade relationships, we can unlock the benefits of international trade and promote sustainable development.
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The investment that Toyota makes in Uber is an investment in which part of Toyota's value-chain activities?
Answer:
Support activities.
Explanation:
In 1985, Michael E. Porter introduced to the world a value-chain model. The value-chain model describes the set of activities or processes that an organization uses to create value for its consumers by creating a product from just an idea or concept.
Basically, the value-chain activities is a framework for transforming an idea, concept or raw materials into a finished product and then to the end users (consumers).
Michael Porter’s value-chain comprises of five (5) primary activities and these includes; inbound logistics, outbound logistics, service, marketing and sales, and operations. Also, all of these primary activities make use of support activities, represented by a vertical column at the top of the primary activities.
This ultimately implies that, the support activities complements all of the primary activities and they include; procurement, firm infrastructure, technology development and human resources management.
Hence, the investment that Toyota makes in Uber is an investment in support activities of the value-chain model because it involves the procurement of another business to support its logistics.
explain internal economics and internal diseconomics
Answer:
These are the cost advantage that an organization obtains due to their scales of operation . Diseconomies are the cost disadvantages that firms build up due to an increase in firm size or output . This result in the production of goods and services at increased per unit costs . Economics of scale leads to cost reduction .
Explanation:
Thaats what upp
Answer:
These occur when mass producing a good results in lower average cost. Economies of scale occur within an firm (internal) or within an industry (external). Internal Economies of Scale - As a business grows in scale, its costs will fall due to internal economies of scale.
Explanation:
true or false: all other things being equal, firms with more debt or other fixed-cost sources of financial capital in their capital structure exhibit lower levels of financial risk.
False. Firms with more debt or other fixed-cost sources of financial capital in their capital structure may exhibit higher levels of financial risk, all other things being equal.
This is because debt represents an obligation to make fixed payments to lenders, regardless of the firm's financial performance, and failure to meet these obligations can result in default and bankruptcy.
Higher levels of debt can also lead to higher interest payments and financial leverage, which magnify the impact of changes in revenue or earnings on the firm's profitability and financial stability.
While the use of debt and other fixed-cost sources of financial capital can provide benefits such as tax advantages and lower costs of capital, it also increases the risk of financial distress and bankruptcy, especially during economic downturns or periods of low profitability.
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Which of the following is the best example of a SMART goal?
A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Intro to Marketing course this semester.
Answer:
c
Explanation:
although all were good options for answers, but this graduate got through this in a year, Speaks volumes to me
Answer:
The answer is definitely: D. Earn a "B" or better in my Introduction to Marketing course this semester.
Explanation:
100 % correct
Determine which delivery alternative would be most economical for 60 boxes of parts. Each box costs \( \$ 431 \) and the annual holding cost is \( 29 \% \) of the cost. Assume 365 days per year. Overn
The overnight option is at least $31 cheaper than the eight-day option.The answer is option c.
To determine the most economical delivery option, we need to compare the total cost of each delivery option, considering the cost of the boxes and the annual holding cost.
For the overnight delivery option:
Cost per box = $431
Holding cost per box = 29% of $431 = $125.09
Total cost for 60 boxes = (Cost per box + Holding cost per box) * Number of boxes = ($431 + $125.09) * 60
For the eight-day delivery option:
Cost per box = $431
Holding cost per box = 29% of $431 = $125.09
Total cost for 60 boxes = (Cost per box + Holding cost per box) * Number of boxes = ($431 + $125.09) * 60
Next, we compare the total costs of both options to determine which one is cheaper. By subtracting the cost of the eight-day option from the cost of the overnight option, we can determine the price difference. If the result is at least $31, then the overnight option is at least $31 cheaper than the eight-day option.
Performing the calculation, we find:
Total cost of overnight option = ($431 + $125.09) * 60
Total cost of eight-day option = ($431 + $125.09) * 60
By subtracting the total cost of the eight-day option from the total cost of the overnight option, we can determine the price difference and check if it is at least $31.
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Marketing Mix Elements:
1. A flake cereal becomes a strawberry
flake cereal.
2. A customer buys a magazine from
the checkout aisle.
3. A customer thinks the benefits
outweigh the costs.
4. A firm runs an advertisement in the
newspaper.
5. A firm communicates a message to
a customer.
6. A customer orders a product online.
7. A firm figures out what a customer
needs.
[Choose ]
[Choose ]
[Choose]
[Choose]
[Choose]
[Choose]
[Choose]
>
A product changes from a flake of cereal to strawberry flake cereal.
In the checkout line, a customer purchases a magazine.
A client believes the benefits outweigh the price.
A company's publication of an advertisement in a newspaper is a promotion.
A company's promotion is how it tells a customer what it stands for.
A place where a customer orders a goods online
A business determines that a customer requires a certain product.
A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand. Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials and then sold as finished things in the manufacturing sector. An additional category of goods is a service. A commodity can be anything that is widely available on the open market, however they are typically raw commodities like metals and agricultural products. In project management, "products" are the formally defined project deliverables that make up or help deliver the project's objectives.
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ACTIVITY 1
Multiple Choice: Choose the letter of the correct answer
1 It is all about discovering and satisfying your customers' needs and want while earning
a profit
A Marketing
B. Product C Promotion D Needs
2. These are the bundles of attributes and benefits designed to be offered to buyers to
satisfy their needs, wants, and demands
A Promotion B Products C Customer D Market
3 Making sure that they are specific and quantifiable so you can measure your progress
toward achieving them, belong to what step of marketing?
A Marketing objective B Identifying demographics C Defining place
4. What steps of marketing plan where you're referring to the entire set of activities that
inform people about your product/service?
A Marketing objective
B Choose your promotion strategy
C Develop a pricing strategy
5 Defined as the difference between what the customer gains from the product and what
the customers losses from the costs acquiring such a product
A Market
B Customer Value C Promotion
Answer:
A. Marketing.B. Products.A. Marketing objectiveB. Choose your promotion strategyB. Customer Value.Explanation:
Marketing is all about knowing what the customer wants and satisfying it by offering the relevant products.
Products are simply bundles of benefits that were designed to be able to satisfy the needs and wants of customers.
The marketing objectives specify what the goals need to be achieved when marketing so comparing reality against them helps show progress.
The promotion strategy shows the activities that will be undertaken during the marketing of your goods and services.
Finally, the customer value from a product is simply what benefit the customer received less the cost of receiving that benefit.
Schultz Industries is considering the purchase of Arras Manufacturing. Arras is currently a supplier for Schultz, and the acquisition would allow Schultz to better control its material supply. The current cash flow from assets for Arras is $7. 7 million. The cash flows are expected to grow at 6 percent for the next five years before leveling off to 3 percent for the indefinite future. The cost of capital for Schultz and Arras is 10 percent and 8 percent, respectively. Arras currently has 3 million shares of stock outstanding and $25 million in debt outstanding. What is the maximum price per share Schultz should pay for Arras?
The maximum price per share Schultz should pay for Arras is $147,001,195.75.
How to find the market value of the equity ?Given
Current cash flow = $7.7million.
Growth rate = 6% for 5 years before leveling off to 3% for the indefinite future.
Costs of capital
For Schultz = 10%
For Arras = 8%
Arras shares = 3 million in stock outstanding
Arras Shares $25 million in debt outstanding.
Price per share in year 1 is calculated as follows;
$7.7 million (1 + 6%)
= $7700000 * 106%
= $7,700,000 * 1.06
= $8,162,000
In year 2;
= $8,162,000 * (1 + 6%)
= $8,162,000 * 106%
= $8,162,000 * 1.06
= $8,651,720
In year 3;
= $8,651,720 * (1 + 6%)
= $8,651,720 * 106%
= $8,651,720* 1.06
= $9,170,823.2
In year 4:
= $9,170,823.2 * (1 + 6%)
= $9,170,823.2 * 106%
= $9,170,823.2* 1.06
= $9,306,651.671
In year 5;
= $9,306,651.671 * (1 + 7%)
= $9,306,651.671 * 107%
= $9,306,651.671 * 1.07
= $9,721,072.592
In year 6;
= $9,721,072.592 * (1 + 3%)
= $9,721,072.592 * 103%
= $9,721,072.592* 1.03
= $10,012,704.77
Next, we'll calculate the terminal value in Year 5 since the cash flows begin a perpetual growth rate. Since we are valuing Arras, The cost of capital for Schultz is irrelevant in this case.
So, the terminal value is:
TV5= CF6/ (RWACC– g)
TV5= $10,012,704.77 / (.08 – .03)
TV5 = $10,012,704.77 / (.05
TV5= $200,254,095.4
Next, we calculate the discount for each flows, using the cost of capital for Arras, we find the value of the company today is:
V0= $8,162,000 / (1+.08) + $8,651,720 / (1+.08)² + $9,170,823.2 / (1+.08)³+ $9,306,651.671 /(1+.08)⁴+ ($9,721,072.592+ $200,254,095.4) /(1+.08)^5
V0= $172001195.9
V0 = $172001195.9
The market value of the equity is the market value of the company minus the market value of the debt, or:
S= $172001195.9– $25,000,000 S=$147,001,195.75
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The maximum price per share Schultz should pay for Arras is $147,001,195.75.
How to find the market value of the equity ?Given
Current cash flow = $7.7million.
Growth rate = 6% for 5 years before leveling off to 3% for the indefinite future.
Costs of capital
For Schultz = 10%
For Arras = 8%
Arras shares = 3 million in stock outstanding
Arras Shares $25 million in debt outstanding.
Price per share in year 1 is calculated as follows;
$7.7 million (1 + 6%)
= $7700000 * 106%
= $7,700,000 * 1.06
= $8,162,000
In year 2;
= $8,162,000 * (1 + 6%)
= $8,162,000 * 106%
= $8,162,000 * 1.06
= $8,651,720
In year 3;
= $8,651,720 * (1 + 6%)
= $8,651,720 * 106%
= $8,651,720* 1.06
= $9,170,823.2
In year 4:
= $9,170,823.2 * (1 + 6%)
= $9,170,823.2 * 106%
= $9,170,823.2* 1.06
= $9,306,651.671
In year 5;
= $9,306,651.671 * (1 + 7%)
= $9,306,651.671 * 107%
= $9,306,651.671 * 1.07
= $9,721,072.592
In year 6;
= $9,721,072.592 * (1 + 3%)
= $9,721,072.592 * 103%
= $9,721,072.592* 1.03
= $10,012,704.77
Next, we'll calculate the terminal value in Year 5 since the cash flows begin a perpetual growth rate. Since we are valuing Arras, The cost of capital for Schultz is irrelevant in this case.
So, the terminal value is:
TV5= CF6/ (RWACC– g)
TV5= $10,012,704.77 / (.08 – .03)
TV5 = $10,012,704.77 / (.05
TV5= $200,254,095.4
Next, we calculate the discount for each flows, using the cost of capital for Arras, we find the value of the company today is:
V0= $8,162,000 / (1+.08) + $8,651,720 / (1+.08)² + $9,170,823.2 / (1+.08)³+ $9,306,651.671 /(1+.08)⁴+ ($9,721,072.592+ $200,254,095.4) /(1+.08)^5
V0= $172001195.9
V0 = $172001195.9
The market value of the equity is the market value of the company minus the market value of the debt, or:
S= $172001195.9– $25,000,000 S=$147,001,195.75
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Jerry is a student and is currently on a summer job. He hopes to save $2,000 for his short-, medium and long-term goals. Which of the following
is a long-term goal?
O A allocating funds for paying off his student loan
OB.
allocating funds for buying a house
OC. allocating funds for buying books for his next semester
OD
allocating funds for buying a new laptop
Answer:
OD
allocating funds for buying a new laptop
Explanation:
or A
Do you think percentage gains
would get more varied or less
varied if you added additional
mutual funds to your portfolio?
krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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Spyder corporation’s technology and business strategies became entangled, what would this be considered?.
The entanglement that is happening between the technology and business strategy could be regarded as a clash.
What is a business entanglement.This is the result of the fact that there is less transparency and openness in the business.
The entanglement would be a clash between two or more of the objectives and the policies of the business.
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Jumbo transport, an air-cargo company, expects to have earnings per share of $2. 00 in the coming year. It decides to retain 10% of these earnings in order to lease new aircraft. The return on this investment will be 25%. If its equity cost of capital is 11%, what is the expected share price of jumbo transport?.
$21.18 is the expected share price of Jumbo Transport.
Given,
r, equity cost of capital = 11%
g, investment = 25%
b, power back rate = 10%
EPS = $2.00
Growth = ROI × Retention Percentage
D1 = EPS × (1 - b)
D1 = $2.00 × (1 - 0.1)
D1 = $1.8;g
D1 = 0.1 × 0.25
D1 = 0.025 ;
Using the formula,
Expected Stock Price = Current Dividend ÷ (Cost of Capital−Growth Rate)
P0 = D1 ÷ (r-g)
P0 = $1.8 ÷ (0.11 - 0.025 )
P0 = $21.18
Therefore, Jumbo Transport's expected share price is $21.18.
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Describe the type of targeting that allows advertisers to reach customers at the right moment along with how it works.
The type of targeting that allows advertisers to reach customers at the right moment is called "real-time targeting." It is a form of digital advertising that uses data to serve ads to consumers in real-time.
Real-time targeting works by collecting data from various sources, such as a user's browsing history, search queries, and social media activity. This data is then used to build a profile of the user, which advertisers can use to deliver relevant ads in real-time. For example, if a user is browsing for flights to New York, they may see an ad for a hotel in New York in real-time.
Real-time targeting is effective because it allows advertisers to reach customers at the moment when they are most likely to engage with an ad. By delivering ads in real-time based on a user's behavior, advertisers can increase the relevance and effectiveness of their campaigns.
Real-time targeting can also help advertisers to optimize their campaigns based on real-time data, making it a powerful tool for digital marketers. However, it is important to note that real-time targeting must be used responsibly and with consideration for user privacy.
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Use the drop-down menu to choose best job title for each example below.
Ana analyzes applications and talks with people who are applying for government assistance. Her job title is best
described as
Donald organizes records, answers phones and creates reports for a city council. His job title is best described as
Kim sorts letters and packages and delivers them to homes and businesses. His job title is best described as
Answer:
eligibilty interviewer
municipal clerk
postal service mail carrier
Explanation:
i just did the edunity
Answer:
eligibilty interviewer
municipal clerk
postal service mail carrier
Explanation:
The long-term outcomes of a leveraged buyout are higher performance and higher risk. what two short-term outcomes lead to these long-term outcomes?
The two short-term outcomes that lead to higher performance and higher risk in the long-term outcomes of a leveraged buyout (LBO) are increased financial leverage and operational restructuring.
Increased financial leverage refers to the use of borrowed funds to finance the acquisition of the target company in an LBO. In the short term, this allows the acquiring firm to use a smaller amount of its own capital while leveraging the target company's assets and cash flows. This can result in higher returns on equity and improved financial performance. However, increased financial leverage also amplifies the risk profile of the acquiring firm. The higher debt levels increase interest expense and debt servicing obligations, which can become challenging if the company faces financial difficulties or if the economy experiences a downturn.
Operational restructuring is another short-term outcome of an LBO. After the acquisition, the acquiring firm typically implements strategic and operational changes to enhance the target company's efficiency, profitability, and market position. This may involve cost-cutting measures, streamlining operations, optimizing the capital structure, and implementing new business strategies. In the short term, these restructuring efforts can lead to improved performance and higher profitability. However, operational restructuring can also introduce higher risks, such as disruptions in operations, resistance from employees, or challenges in integrating the acquired company's culture and systems.
While increased financial leverage and operational restructuring can generate short-term benefits and potentially higher performance, they also come with increased risk. The higher debt burden and associated interest payments can strain the financial health of the acquiring firm, especially if the expected synergies or growth projections do not materialize. Similarly, the operational changes and restructuring efforts may face implementation challenges or encounter unexpected complexities that can impact the long-term performance and increase overall risk. Therefore, a careful assessment of the short-term outcomes and their potential impact on the long-term outcomes is crucial when considering a leveraged buyout.
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Mitch and his friends are planning a trip to the Tsunami Springs water park. The employee Mitch spoke to on the phone said the total cost for all 7 of them would be $154. This includes an entrance ticket and a $5 tube rental fee for each person. What is the cost of an entrance ticket
Answer:
Entrance ticket is $17.
Explanation:
Using a expression we can see the costs.
E - Entrance Ticket
T - Tube rental fee
7E + 7T = 154
Substitute T for the $5 that we know is the cost for tube rental.
7E + 7(5) = 154
7E + 35 = 154
-35 -35
7E = 119
/7 /7
E = $17
Answer:
Explanation:
the laissez faire model is inspired by the work of which economic philosopher?
Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.
I hope this helped! :)
The model of laissez-faire was inspired by the work of John Stuart Mill, who was an economic philosopher.
What is a laissez-faire model?Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.
John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.
Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.
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These activities on the statement of cash flows represent the cash flows that arise out of notes payable. a.) Investing Activities
b.) Financing Activities
c.) Operating Activities
d.) Earnings Activities
These activities on the statement of cash flows represent the cash flows that arise out of notes payable c.) Operating Activities.
Operating activities are really the things a business undertakes to consistently advertise its goods and services. Non-operating activities are such occurrences that may have an impact on sales, costs, or cash flow but are unrelated to the regular, main activity of the company. Operational actions consist of: deciding on a plan.
The tasks a company performs that are directly relevant to offering its products and/or services here to market are referred to as operating activities. A product or service is manufactured, distributed, marketed, and sold. Those are the company's primary commercial activities.
The first section of a company's financial statement is the cash flow by operating operations portion. It is used to describe how a business obtains money from ongoing, routine commercial operations, such as sales and manufacturing.
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Read the Management Focus feature titled Did Walmart Violate the Foreign Corrupt Practices Act? What is your opinion? If you think it did, what do you think the consequences will be for Walmart?
Answer:
Following are the solution to this question:
Explanation:
The answer is yes because the corporation is the aim of this game for both the infringement of FCPA through resort to corrupt practices in order supply public officials of preferential treatment, advantages, and unfair compensation by restricting or trying to circumvent laws. Whenever major leadership in the country engages in activities and ensures that such investigations are structured to confuse and turn regulators into simple eyewashes, it becomes much more dangerous. Its activity could be cheapened, even if the bribe is done as in nations since it arises from the U.S and also has a bad reputation even when it does illegally overseas. After convicting, a company will be obliged to pay compensation and criminal penalties alongside interest on the Securities and Exchange Board. The volume of these could be measured by the seriousness of a performed crime.
Sarah is very anxious about giving her speech. She has spent the last three days imagining negative feedback from her audience and worrying about her presentation aids while her speech sat on her desk untouched. Which solution to communication apprehension is Sarah overlooking
Sarah is clearly experiencing communication apprehension, which is the anxiety or fear associated with speaking in front of others. This can be a common experience, especially for individuals who are not accustomed to public speaking.
In this case, Sarah is specifically worried about negative feedback from her audience and her presentation aids, which suggests that she may be experiencing two types of communication apprehension: audience-based and situational.
In addition, she could also try relaxation techniques, such as deep breathing or visualization, to help calm her nerves before her speech. Seeking support from a trusted friend or colleague can also be helpful in reducing communication apprehension.
Overall, it's important for Sarah to recognize that her anxiety is normal, but also to take steps to address it in order to deliver a successful speech.
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Shipping Process of a Hardware Retailer
The hardware store must ship goods to the customer based on a customer order that was received. The goods can be shipped through a normal poste or through a special shipment. The clerk will make this decision based on the customer order.
While the clerk is deciding whether the shipment will be processed through a normal post or a special shipment, at the same time, the warehouse worker is packaging the goods that were purchased.
If a special shipment is required, the clerk requests quotes from different carriers. If a quote is selected, then the clerk will send an acceptance email and assigns the carrier to complete the work and prepares the paperwork. However, if the clerk rejects the quote, he sends a reject email. Regardless, he has to find a carrier in order to move forward. But if a normal post shipment is used, the clerk needs to check if an extra insurance is necessary. If extra insurance is required, the logistics manager has to take out that insurance. In any case (for either special shipment or normal post), the clerk still has to fill in a postal label for the package.
Afterwards, the warehouse worker will add the required paperwork to the package and move the package to the pick-up area for delivery.
The shipping process of a hardware retailer involves determining the method of shipment, packaging the goods, and completing the necessary paperwork before delivering the package to the carrier.
How does the clerk decide between a normal post and a special shipment?The clerk decides whether to use a normal post or a special shipment based on the customer order. If a special shipment is required, the clerk requests quotes from different carriers. If a quote is accepted, an acceptance email is sent, and the carrier is assigned to complete the work.
If the quote is rejected, a rejection email is sent. Regardless of the outcome, the clerk must find a carrier to move forward with the shipment. On the other hand, if a normal post shipment is chosen, the clerk needs to check if extra insurance is necessary.
If so, the logistics manager takes out the required insurance. In either case, the clerk must fill in a postal label for the package.
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Ayota Car Company produces a car that sells in Japan for ¥1.8 million. On September 1, the beginning of the model year, the exchange rate is ¥150:$1. Consequently, Ayota sets the U.S. sticker price at $22,000.It takes time for production and cost-saving strategies to take effect. In the short run, what financial managers can do in short run to improve Ayota’s situation? Why?
In the short run, financial managers at Ayota Car Company can implement cost-cutting measures to improve the company's situation.
This could include reducing production costs by negotiating better deals with suppliers or optimizing the production process to reduce waste and improve efficiency. They could also consider adjusting the U.S. sticker price of the car to account for changes in the exchange rate or market demand. These strategies would help to increase profitability and improve Ayota's financial performance in the short term, while the company works on implementing more long-term production and cost-saving strategies.
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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the Packaging department transferred 203,000 units and $548,100 of production costs to finished goods. The company completed and sold 195,000 units at a price of $4.20 per unit in April. What is the total gross profit on ice cream sales for April.
An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. $292,500 is the total gross profit on ice cream sales for April. Option E is correct answer.
To calculate the total gross profit on ice cream sales for April, we need to determine the cost of goods sold (COGS) and subtract it from the total sales revenue.
The COGS can be calculated by multiplying the number of units sold (195,000 units) by the production cost per unit. However, the information provided does not specify the production cost per unit for the ice cream.
Given that the Packaging department transferred 203,000 units and $548,100 of production costs to finished goods, we can assume that the production cost per unit is $548,100 divided by 203,000 units, which equals $2.70 per unit.
Now we can calculate the COGS by multiplying the number of units sold (195,000 units) by the production cost per unit ($2.70 per unit), resulting in a total COGS of $526,500.
To find the total gross profit on ice cream sales, we subtract the COGS from the total sales revenue. The total sales revenue is calculated by multiplying the number of units sold (195,000 units) by the selling price per unit ($4.20 per unit), which equals $819,000.
Subtracting the COGS ($526,500) from the total sales revenue ($819,000), we find that the total gross profit on ice cream sales for April is $292,500.
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The Complete question is
An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the Packaging department transferred 203,000 units and $548,100 of production costs to finished goods. The company completed and sold 195,000 units at a price of $4.20 per unit in April. What is the total gross profit on ice cream sales for April?
A. $594,000
B. $277,200
C. $871,200
D. $316,800
E. $292,500
A real estate broker pays $50 to a life insurance broker for each referral that goes to closing. This arrangement is:
Answer:
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Explanation:
A real estate broker pays $50 to a life insurance broker for each referral that goes to closing. This arrangement is illegal.
What is a broker?A broker is referred to as a middleman or agent who helps real estate property to sell in good amounts and helps to establish a deal between a property owner and the buyer.
This real estate broker will receive a commission on behalf of closing the deal, this commission will be received by the end of the deal when the exchange of property is took place between both the parties in terms of the agreement.
This arrangement between the two is illegal as they are misrepresenting things by helping each other when the real estate broker and insurance broker pay each other in closing the deal amount of $ 50 to each other.
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The incomplete question is
A real estate broker pays $50 to an insurance broker for every referral that goes to closing. The insurance broker pays $50 to the real estate broker for every referral that buys insurance. This arrangement between the two is:________
6. How will a court decide whether it should order Berner to refrain from using the term
air door?
Air curtains are frequently used to keep flying pests, dust, debris, and wind out of a building. Air curtains form an air barrier between the conditioned interior air and the outside air.
What is the purpose of an air door?An air curtain, also known as an air door, is a machine that creates an air seal by blowing a controlled stream of air across an opening to the other side. This seal separates two environments while allowing for a continuous flow of traffic and unobstructed vision through the opening.
To lock or unlock, simultaneously press and hold the left and right arrows for 5 seconds; the Locked light will illuminate. If the PASScode option is enabled, any attempt to unlock the control will result in the display of PASS followed by a 0000 prompt for a four-digit unlock code.
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Write an Essay of around 2500 words on the following: Culture
plays a major role in International Business Negotiations.
Executives from different countries prefer using different styles
and technique
Culture plays a major role in international business negotiations as executives from different countries prefer using different styles and techniques.
In the globalized world of business, negotiating across borders has become a common practice. However, successful negotiation outcomes are not solely dependent on business acumen and strategy.
The cultural context within which negotiations take place significantly influences the process and outcomes. This essay explores the role of culture in international business negotiations, highlighting how executives from different countries prefer using different styles and techniques.
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Which three characteristics help identify a business opportunity? (Choose three)
The characteristics that help to identify a business opportunity includes
when it is measurablethe market availabilitythe timing of the opportunity.What is a business opportunity?It refers to a packaged business investment that does allows a potential buyer to begin a business.
In conclusion, the identification of a business opportunity is important because it informs about the best moment to start a business.
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Driving forces analysis Multiple Choice involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces. identifies which strategic group is the most powerful. helps managers identify which industry member is likely to become (or remain) the industry leader and why. helps managers identify which key success factors are most likely to help their company gain a competitive advantage. helps managers identify which of the five competitive forces will be the strongest driver of industry change.
Answer:
involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces.
Explanation:
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
Driving forces analysis involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces. This driving forces determines the competitive and comparative advantage of a company.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Why do you think it is important to understand GDP?