A Chicago-based company decides to outsource all product designs to Singapore because it has been found to have the most efficient design companies. In this situation, the Blank______ implication for international business is being considered. Multiple choice question. first-mover location policy trade
In this situation when the company outsources its products the location implication for international business is being considered. Thus the correct answer is B.
What is outsourcing?Outsourcing is a technique in which a corporation contracts a third party to perform activities, manage operations, or offer services. These outsourcing companies will provide efficient work to the clients.
It arranges its own employees or computer systems to complete the tasks or provide the services, either on-site facilities or at off-site facilities locations.
These outsourcing services will help the business to lower the cost by outsourcing activities from countries where there is the availability of cheap manpower or skilled employees.
These will help to improve the productivity of a business by access to skilled resources and advanced technology. These will improve the efficiency and core competencies of the business.
Therefore, option B location is the correct answer.
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Adriana wants to work in broadcasting, but she sees that it might be hard to find work in that career. Why are there fewer jobs for reporters and broadcasters? A. The number of news outlets has not changed, even though the population has risen. B. There are more news outlets, so there are more people competing for jobs. C. There are fewer news outlets, so there aren’t as many jobs as there used to be. D. The number of readers and viewers have decreased, so the number of jobs has decreased too.
There are fewer jobs for reporters and broadcasters these days because the number of readers and viewers has decreased, so the number of jobs has also decreased.
Why are there fewer jobs for reporters and broadcasters?What happens is that technological development led to the digital revolution, impacting the way in which people search for information for news, which occurs more quickly and instantly through the internet and social media.
Therefore, there is a transformation in the broadcasting sector, impacted by the current new information technologies
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What it the present value of $2,000 that you expect to receive in 3 years assuming you could invest the money today and earn a 5% annual return?.
A present value of $2,000 that you expect to receive in 3 years, the future value is mathematically given as
F=2315.24
What is the Future value of $2,000?Generally, the equation for the present value is mathematically given as
P= fv*1/(1+r)n
Therefore
2000=F *1/(1+0.05)^3
F=2315.24
In conclusion, the Future value
F=2315.24
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Advertising, fashion trends, and new product introductions serve to.
Answer:
Create consumer demand.
Explanation:
Advertising helps promote your product so people will want to buy it.
Project: Know Your Surroundings There are thousands of human services organizations worldwide. These service organizations feed the hungry, help the children of needy families, and strive for world peace. Believe it or not, some of them are working right in the heart of your community. Research (Step 1) (Read all directions before beginning research.) Make a list of ten service organizations, institutions, and agencies in your community. Discover as much information about them as possible by searching the Internet, local newspapers, and the telephone book. If necessary, make telephone calls to individual agencies to ask questions and gather additional information. Include the following information about them on your list: What is the name of the organization? What is its mission statement? Is it nonprofit or for-profit? Does the organization have volunteers? Is it a government agency? If so, is it federally, state, or independently operated? Name its target population(s). What services does it offer? Would you ever consider working for the organization (include why/why not)? At the bottom of each section on your list, make notes on any other information that you think is interesting about each organization. Application (Step 2) (Read all directions before starting application.) Once you have completed your research, think about what kind of human services organization you would want be a part of starting. Think about how you would adhere to the four fundamentals of human services philosophy. Then complete the following checklist: Name your organization. Develop your mission statement. A mission statement is the purpose of your organization summarized in a short paragraph. Use the mission statements from your research as a guide to develop your organization's mission statement. This should be no longer than three to five sentences. Will you start a nonprofit or for-profit organization? Will you employ human services workers, utilize volunteers, or both? What is your target population? What services are you going to provide?
Visual (step 3)
Using poster board, create a visual display for your organization. Use all information developed in step 2. Be creative and have fun.
Some human service organizations are:
The National Organization for Human Services. ...The American Public Human Services Association. ...American Counseling Association, etcWhat is a Mission Statement?This refers to the statement that contains the aims and objectives of a company or business.
Hence, the mission statement of the American Counseling Association is to enhance the quality of life and also to "advance the counseling profession, and using the profession and practice of counseling to promote respect for human dignity and diversity"
Therefore, the other human service organizations are:
Council for Standards in Human Service Education. National Council on Family Relations. Other Organizations of Interest, etc.Read more about mission statements here:
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Customer relationship management (CRM) helps firms gain and maintain competitive advantage by: a. encouraging them to produce standardized goods. b. merging all demographic-based and behavior-based segments of markets. c. studying which goods and services are purchased together. d. prohibiting them from bundling goods and services together.
Answer:
A. Encouraging them to produce standardized goods
M and M, Inc. produces a product that has a variable cost of $4.20 per unit. The company's fixed costs are $45,600. The product is sold for $8 per unit and the company desires to earn a target profit of $11,400. What is the amount of sales that will be necessary to earn the desired profit
The amount of sales that will be necessary to earn the desired profit is $120,000.
What is desired profit?Desired profit refers to the amount of the profit expected by the company which is estimated by them as per the sales of the company. The sales are also estimated and the company makes the budget of it.
To calculate the desired sale we need to calculate the contribution which is calculated as follows:-
Contribution margin per unit = (Selling price per unit - Variable costs per unit)
Contribution margin per unit = ($8 per unit - $4.20 per unit) = 3.80 per unit
Break-even point in units = (Fixed costs + Desired profit) ÷ Contribution margin per unit
Break-even point in units = ($45,600 + $11,400) ÷ 3.80 per unit = 15,000 units
Break-even point in dollars = Break-even point in units × Selling price per unit
Break-even point in dollars = 15,000 units × $8 = $120,000
Thus the desired sales is $120,000.
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Six sigma teams use the ________ method when improving a product or process that already exists, and the ________ method when developing a new product or process.
The complete statement is "Six sigma teams use the DMAIC method when improving a product or process that already exists, and the DMADV method when developing a new product or process." This is further explained below.
What is improving a product?Generally, The process of making significant modifications to a product in order to attract new consumers or enhance the value received by current ones is known as "product enhancement."
In conclusion, If you want to improve an existing product or process, use the DMAIC approach, and if you want to create a new one, use the DMADV method.
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When consumers start searching for ways to satisfy needs, their internal search is characterized by A. consulting close friends and families before expanding the search to a wider, external group. B. the influence of advertising. C. looking through the internal records of a firm, often found on the company website. D. examining personal memories and knowledge. E. using the Internet to find what other consumers feel about a specific product or service.
Using the Internet to find what other consumers feel about a specific product or service is the internal search is characterized, When consumers start searching for ways to satisfy needs.
How internet is helpful in finding out about things?Internet is very useful in many ways for the consumers, some of them are-
It facilitates the person in viewing the reviews of the other person's views on the specific thingsit helps in finding out the best things that a person suits for themIt provides easy ecommerce service From which a person can buy things.It provides easy return, if something is not appropriate to use.Thus, option E is correct.
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What needs to happen to prevent scarcity from re-occurring in the future?
Answer:
Government shouldn't increase the rate of tax
plants should be planted
Natural resources should be utilize properly
water resources should be kept clean
Explanation:
........
Which is not an expense account?
Repairs
Advertising
Rent
Interest
Accrued
The answer option which is not an example of an expense account is: E. Accrued.
What is an expense account?An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.
In Business management, some examples of an expense account include the following:
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Entry of new firms into monopolistically competitive industries is relatively easy because ______. Multiple choice question. existing firms experience economies of scale product development is unnecessary competitors are large firms advertising is not required capital requirements are low
Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.
What is a monopoly?A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.
Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.
Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.
Therefore, option D with low capital requirements is the correct answer.
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state any two functions of government office
Answer:
The government office has the following functions:
To overlook all government activities at a given area.To maintain peace,order and involvement of citizens to government decision.There is such a wide variety of desired goods and services in a market system because multiple choice 2 consumers change their minds frequently. individual wants are diverse. producers determine what to produce. there is always a need to produce something new and improved.
There is a variety of products in the market as the wants and needs of the individuals in an economy become diverse.
Option B is the correct answer.
What is a product?
Product refers to the goods manufactured by companies and sold by the retailers in the consumer market.
The companies in the digital world creating lots of new and innovative goods that attract the customers to buy more which results in an increase in their consumption needs. The consumption needs will then affect the wants of individuals and make them diverse and differentiated.
Therefore, the diversified wants of individuals are caused due to wide variety of products in the market.
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What happens when a driver selects the driving range option from 2023 leaf’s available ev info menu?.
When a driver selects the driving range option from 2023 leaf’s available info menu a map displays the driving range. This is further explained below.
What is driving?Generally, driving is simply defined as the factors that are initiated to moving a car or vehicle.
In conclusion, An interactive driving range map appears in the 2023 leaf's accessible information menu when a driver picks the option.
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Economic profit is equal to total revenue minus the Group of answer choices explicit cost of producing goods and services. implicit cost of producing goods and services. accounting cost of producing goods and services. opportunity cost of producing goods and services.
Answer:
accounting cost of producing goods and services.
Explanation:
Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per share on January 2, 2017. During 2017, Boulet Corporation had 140,000 shares of common stock outstanding, paid cash dividends of $120,000, and reported net income of $320,000. Savannah Corporation should report revenue from investment for 2017 in the amount of $30,000. $50,000. $80,000. $0.
Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.
Amount to be reported as revenueFirst step
Percentage ownership=35,000/140,000 shares ×100
Percentage ownership=25%.
Second step
Using equity method
Revenue from investment=25%× $320,000
Revenue from investment=$80,000
Therefore Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.
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Why do promises make a difference in people ives
Answer:
It gives people hope and trust in that person. Promiss are a mere social construct however they add that bit of extra trust to the mix
definition of tax fraud and tax reduction?
Answer:
Tax fraud is basically cheating on a tax return in an attempt to avoid paying the entire tax obligation.
Tax Reduction means any tax refund or any reduction in taxes paid by the acquirer, the company, or any of their respective partners.
Explanation:
Assuming that VMD MIC competitors have an accurate costing system, what are the characteristics of jobs (services) that VMD MIC is likely to win vs. lose to their competitors
The characteristics of jobs that VMD MIC is likely to win is the goodwill from existing customers. while the competitors will have a higher market share because of effective pricing.
What is an accurate costing system?This is a costing system that allows managers to measure profit so that they can make the best decisions for the company's future.
Hence, the accurate costing system is effective for managing pricing and profitability effectively.
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Texas annexation was not at the forefront of american politics until president john tyler used it as a rallying cry for his bid for reelection in 1844. identify the statements that correctly describe the reactions to the annexation of texas.
Answer:
A letter by Secretary of State John C. Calhoun to President Tyler linked the idea of absorbing Texas directly to the goal of strengthening slavery in the United States.
Prospective presidential candidates, Henry Clay and Martin Van Buren, met and agreed to reject the immediate annexation of Texas on the grounds it might lead to war with Mexico.
Explanation:
In a letter to President Tyler, Secretary of State John C. Calhoun made a direct connection between the desire to strengthen slavery in the US and the concept of absorbing Texas.
What was annexation of Texas ?Henry Clay and Martin Van Buren, two potential candidates for the presidency, got together and decided against annexing Texas right once because doing so might spark a conflict with Mexico.
In an effort to build a foundation of support from the general public for another four years, U.S. President John Tyler broke away from the other major parties in 1843 and opted to seek the annexation of Texas on his own.
The Tyler-Texas treaty was rejected by the Senate by a strong majority. Tyler lacked the Senate votes necessary to ratify the deal. In June, it lost by a wide margin.
Tyler retried to acquire their ok before leaving the office. This time, he received support from both chambers of Congress for the joint resolution.
Texas was admitted into America on December 29, 1845, thanks to Tyler's success in getting the joint resolution passed by the senate on March 1, 1845.
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For business paper 2, what do I need to revise and can anyone give me tips?
Answer:
effective way to revise for Business. ...
Mind Maps. Mind maps allow you to organise information better visually, through the use of branches and sub-branches. ...
The right environment. ...
Study buddy. ...
Hanson Aquatics manufactures navigational equipment. As a new Hanson employee, Lyndon Kiely was told that even if he decides not to join the union that represents the company's employees, he must pay the dues. Hanson has a(n) _____ shop.
If he must pay the dues. Hanson has a(n) agency shop.
What is agency shop?An agency shop can be defined as a shop in which the employer may decide to recruit a person that is member of the union or a person that is not part of the union.
In this agency shop it is not mandatory for an employee which not member of the union to join the union but the employee must always pay the dues.
Therefore Hanson has a(n) agency shop.
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As the ceo of a mid-size airline, karyn knows that most commercial airplanes are manufactured by either airbus or boeing. To mitigate the ________ of the airline industry, karyn explores options for her company to manufacture its own airplanes.
To mitigate the bargaining power of suppliers of the airline industry, karyn explores options for her company to manufacture its own airplanes.
What is bargaining power of suppliers?Bargaining power of suppliers occur when companies or organization are under pressure when the price of the product they purchase from a supplier increase or when their is scarcity of the product.
Based on the scenario in order to mitigate Bargaining power of supplier karyn by telling the company to produce their own product.
Therefore to mitigate the bargaining power of suppliers the company should manufacture its own airplanes.
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If the dollar price of the english pound goes from $1. 75 to $1. 50, the dollar has.
Answer: Decreased
Explanation:
I'm sorry but I think your question is incomplete.
If the demand for home gaming system games has dramatically increased in the last month, what scenario is most likely to have happened
The scenario is most likely to have happened the holidays and new years are around the corner.
What is demand ?Demand refers to the desire and willingness to purchase a commodity. It is generation of the need and want for the product bide by the purchasing power. If there is no purchasing power then it will not be termed as demand.
In the above scenario if the demand of the home gaming system has been increased in the last month the most possible reason could be the increased in number of the holidays and may be new years must be there.
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Last year, talent show tickets were sold for $11 each and 400 people attended. it has been determined that an increase of $1 in ticket price would cause a decrease in attendance of 20 people. what ticket price would maximize revenue
Answer:
Explanation:
4800 - 300 ppl $16
or
4800 - 320 ppl $15
Which category of physical infrastructure management is concerned with providing the required it resources at the right time, at the right cost, aligned with the current and future requirements of the internal customer?
The category of physical infrastructure management that provides resources that are necessary for the internal customer is the Resource Capacity Management
What is Resource Capacity Management?This refers to the definition of the work that is meant to be done by a person and carefully allocating resources necessary to complete the tasks.
Hence, we can see that in physical infrastructure management, there is the allocation of resources that helps one to use the right resources at the right time and proper measure and this is the Resource Capacity Management.
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I am stuck on this question can someone help?
Answer:
college-sociologist, hairstylist, biomedical engineer
vocational certification- tour guide, childcare director, museum personnel
Explanation:
As the number of stocks in a portfolio rises, a. neither firm-specific risks nor market risk falls. b. market risk falls; firm-specific risks do not. c. firm-specific risks fall; market risk does not. d. both firm-specific risks and market risk fall.
The correct statement is if the number of stocks in a portfolio rises then the firm-specific risks fall; market risk does not. .
What happened if number of stock would be increased in the portfolio?If the number of the stocks increases in the portfolio, then the total overall return from the portfolio will decreased.
it usually happens because some stock in the stock market generally outperforms the other stock. On the other hand, most of the stocks provides an average return on them.
The risk in the portfolio can be reduced by adopting the diversification in the portfolio.
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