1-A sunk cost is defined as the most valuable alternative that is given up if a particular investment is undertaken.
Group starts True or False
2- Depreciation (CCA) tax shield is defined as the tax saving that results from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
Group starts True or False
3- In Canada, depreciation for tax purposes is called ___________.
Multiple Choice
Depreciation for tax purposes.
Modified accelerated cost recovery.
Capital cost allowance.
Decelerated appreciation.
Accelerated depreciation.
4- Opportunity cost is defined as a cost that has already been incurred and cannot be removed and therefore should not be considered in an investment decision.
Group starts True or False
Answers
1- False. A sunk cost is not defined as the most valuable alternative that is given up if a particular investment is undertaken.
2- True. The Depreciation (CCA) tax shield is indeed defined as the tax saving resulting from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
3- Capital cost allowance. In Canada, depreciation for tax purposes is referred to as capital cost allowance.
4- False. Opportunity cost is not a cost that has already been incurred and cannot be removed. It refers to the value of the next best alternative that is forgone when making a decision.
1- A sunk cost is a cost that has already been incurred and cannot be recovered. It is independent of future decisions and should not be considered in investment decisions.
2- The Depreciation (CCA) tax shield refers to the tax benefit received due to the deduction of depreciation expenses. It is calculated by multiplying the depreciation amount by the corporate tax rate.
3- In Canada, the term used for depreciation for tax purposes is "Capital Cost Allowance" (CCA). It represents the deduction allowed for the wear and tear, obsolescence, or depreciation of capital assets.
4- Opportunity cost refers to the value of the next best alternative that is forgone when choosing one option over another. It is a crucial factor in decision-making and should be considered when evaluating the potential benefits and drawbacks of different choices.
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Related Questions
What benefit is there to using a checking account instead of a savings account?
Answers
Checking accounts typically have no transaction restrictions and include a debit card you may use to make purchases. A savings account is a good option for putting money aside for a long-term requirement or goal.
The quantity of withdrawals you may make from savings accounts is frequently capped, and using a debit card to make purchases is typically not an option. Savings accounts are made to retain money for a long time, which might help you save for bigger objectives.
While checking accounts are practical for daily financial demands, it's crucial to keep in mind that they can have an age restriction. The majority of banks won't let minors create a checking account without a parent.
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what are the basic element of selection of profession describe any two of them
Answers
Answer:
Basic elements of selection of profession are:
i. Knowledge
ii. Skill
iii. Demand
iv. Importance
v. Scope
vi. Interest
Knowledge: A person must have knowledge about the profession while selection. If a person has knowledge about all the basic things, and key factors which can help him to get success and run the profession properly then he/she can get achievement in profession. But if a person doesn't have knowledge while selecting profession of his/her kind he/she will be failure in the profession. So knowledge is a very important element of selection of profession.
Demand : A person should select a profession which is highly demanded in society. If a person is knowledgeable and skilled then it will be beneficial for him/her to select a profession according to the demand of people. When a skilled person involves in a job concerning the demand of people he/she can earn so much profit because of the popularity and reputation of the profession. In this way, demand is also an important elemeny of selection of profession.
Explanation:
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Knowledge, skill, demand, importance, scope, and interest are the fundamental factors in choosing a vocation.
What is knowledge?Knowledge is frequently interpreted as being aware of facts or as having practical abilities, but it can also entail being familiar with things or circumstances. Propositional knowledge, also known as knowledge of the facts, is frequently characterized as a true belief that can be distinguished from opinion or conjecture by the use of evidence.
When choosing a profession, a person must be knowledgeable about it. A person can achieve in their profession if they are knowledgeable about all the fundamental concepts and important elements that can help them succeed and manage their profession effectively. However, a person will fail in their chosen profession if they don't have information when choosing a profession that suits them. Therefore, choosing a vocation requires careful consideration of knowledge.
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One step in forming a___
is to issue stock to shareholders.
A. limited liability company
B. sole proprietorship
C. partnership
D. corporation
Answers
One of the steps involved in the formation of a corporation is the issue of shares to the stockholders.
What is a corporation?
A corporation is a business organization, which is registered and recognized as per the Company Laws of the regions that such corporations operate in.
The capital of a corporation is divided into small units, also known as common stock. The subscribers or the bearers of such stock are regarded as stockholders.
Hence, option D; Corporation is formed with an intention of distribution of stock to the stockholders.
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How Can we Analysis for further
Answers
Answer:
Questions can take the form of explaining the evidence or expanding on evidence; in other words, questions can give context or add meaning. Asking both kinds of questions is crucial to creating strong analysis.
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Most organizations expect their _____ to abide by AUPs.
students
employees
employers
costomers
Answers
Most organizations expect their employees to abide by the acceptable use policy (AUPs). therefore, Option B is the correct statement.
What is the acceptable use policy (AUP)?A user must consent to certain rules and procedures in order to use a corporate network, the internet, or other resources, according to an acceptable usage policy (AUP).
Before receiving a network ID, many companies and educational institutions demand that employees or students sign an AUP.
Therefore, Most organizations expect their employees to abide by the acceptable use policy (AUPs). Option B is the correct statement.
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When filling out the loan application, a borrower that has ownership interest in the business that employs her should be marked as self-employed when that interest reaches what percentage? 10% 20% 25% 50%
Answers
Option (c), When a borrower's ownership interest in the company she works for reaches 25% of her ownership interest, she should indicate on the loan application that she is self-employed.
How much of a borrower's equity makes them eligible to be treated as independent contractors?If a borrower owns 25% or more of the company in question, they are considered to be self-employed.
What is a self-employed borrower?Lenders refer to borrowers who have a 25% or greater ownership interest in a business or who do not have a W-2 job status as "self-employed." However, there are a number of exceptions to the two-year rule: You can qualify with just one year of self-employment if you can show a two-year track record of employment in a similar field.
Do self-employed borrowers have to provide proof of employment?Each borrower using income from a job or self-employment must provide the lender with verbal verification of employment in order to be approved (verbal VOE).
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The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answers
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
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What are 3 things banks do?
Answers
A financial organisation with authorization to grant loans and take deposits for checking and savings accounts is known as a bank.
A corporation involved in the business of handling financial and monetary activities, such as deposits, loans, investments, and currency exchange, is referred to as a financial organisation. Banks, trust companies, insurance companies, brokerage firms, and investment dealers are just a few examples of the diverse business operations that make up the financial institutions industry. In a mature economy, almost everyone has regular or irregular needs for the assistance of financial institutions. For both individual and business clients, financial institutions provide a vast array of goods and services. The precise services provided by various categories of financial organisations vary greatly. Financial institutions are crucial because they offer a market for money and assets, allowing for the effective allocation of capital to its most advantageous uses.
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How else might the housing problems of poor people be solved?
Answers
There are several ways to address the housing problems faced by poor people. Firstly, governments can invest in the construction of affordable housing units or subsidize rent for low-income individuals.
This would provide them with safe and affordable living spaces. Secondly, policies can be implemented to promote mixed-income housing developments, ensuring that affordable units are integrated into larger housing projects. This helps prevent the concentration of poverty in specific areas and promotes social integration. Additionally, providing financial assistance, such as housing vouchers or rental assistance programs, can help individuals afford housing in the private market. Lastly, supporting community land trusts or cooperative housing models can empower low-income individuals to collectively own and manage their housing, fostering stability and sustainability.
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if a company does not publish a policy stating that it reserves the right to inspect computing assets at will or display a warning banner, employees have an expectation of privacy.
Answers
If a company does not have a policy in place stating that it reserves the right to inspect computing assets at will or display a warning banner, employees may have an expectation of privacy in their use of company-owned computing assets.
The expectation of privacy in the workplace, including the use of computing assets, is a complex and context-dependent issue. Generally, employees may have a reasonable expectation of privacy if the company has not explicitly communicated its right to monitor or inspect their computing assets.
A company can establish its right to monitor and inspect computing assets by implementing policies and procedures that clearly state the company's monitoring practices and the absence of privacy expectations. These policies may include statements that the company reserves the right to monitor, access, or inspect employee activities on company-owned devices, networks, or systems. Additionally, displaying a warning banner or using login notifications can serve as additional notice to employees that their activities may be monitored.
Without such policies or notifications, employees may reasonably assume that their use of company-owned computing assets is private. However, it's important to note that laws and regulations surrounding employee privacy vary across jurisdictions, and employers may still have certain rights and obligations regarding the monitoring of employee activities, particularly if there are legitimate business reasons or concerns about security, productivity, or legal compliance.
In summary, the absence of a published policy or warning banner regarding the monitoring or inspection of computing assets may give employees a reasonable expectation of privacy. However, it is advisable for companies to clearly communicate their monitoring practices and obtain employees' informed consent to mitigate any potential misunderstandings or legal issues related to employee privacy.
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similarities between large scale and small scale retailers
Answers
These are the organisations that buy and resell products to other resellers like retailers, other merchants or to industrial buyers, and not in significant amount to end users. They take title to the products they trade in. They buy the products in large quantities and break down the bulk basis the requirement for distribution to retailers, etc. They provide range of services to buyers as well as manufacturers like transportation, buying on credit, etc.
2) Retailers –
Retailers sell products/ goods to final consumers for consumption or use. Retailers buy the products from different sources like manufacturers, wholesalers, traders, etc. basis the need and want in the market. They are considered the final link with the consumer in the marketing/ distribution channel. Most of the retailing in retail stores though new concept of retailing called non-store retailing is becoming popular. It is direct selling to customers via infomercials, telecalling, internet selling, ecommerce, direct mail, personal selling, etc.
Owning a patent: Multiple Choice Gives its owner an exclusive right to manufacture and sell a device or to use a process for 50 years. Gives the owner exclusive rights to manufacture and sell a patented item or to use a process for 20 years. Gives the owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 70 years. Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 17 years. Indicates that the value of a company exceeds the fair market value of a company's net assets if purchased separately.
Answers
Answer:
Gives the owner exclusive rights to manufacture and sell a patented item or to use a process for 20 years
Explanation:
A patent is defined as a rights that the owner of an innovative product or process has that allows him to exclusively manufacturer the product or have the only right to use a particular process for 20 years.
Usually the item patented gives a new way of solving problems.
Any duplication of the product or service that is patented has to be with the consent of the owner.
Patents allow inventors of products and services to be adequately compensated.for their innovation.
One of the benefits of career planning as a young adult is
-you can train your brain
-you will use the information years from now
- you are relying only on yourself for the information
-now is the time in your life where you have the least spare time
Answers
Answer:
you will use the information years from now
Explanation:
Carrying out career planning as a young adult can be effective in clarifying the goals you aim to achieve in your professional life and outlining action plans for them.
It is very likely that with the beginning of professional life, career planning may change, or not make as much sense as it did when it was done, but the information contained therein can be useful and benefit the individual when realizing his greatest professional desires, their profile, their characteristics, etc., in addition to being an organizational tool that can assist in reaching the career objectives described there.
Answer:
You can train your brain.
Explanation:
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The Gardner Company, a client of your firm, has come to you with the following problem. It has three clerical employees who must perform the following functions: a. Maintain the general ledger b. Maintain the accounts payable ledger c. Maintain the accounts receivable ledger d. Prepare checks for signature e. Maintain the cash disbursements journal f. Issue credits on returns and allowances g. Reconcile the bank account h. Handle and deposit cash receipts Assuming equal abilities among the three employees, the company asks you to assign the eight functions to them to maximize internal control. Assume that these employees will perform no accounting functions other than the ones listed. 227CHAPTER 7 CONTROL AND ACCOUNTING INFORMATION SYSTEMS REQUIRED a. List four possible unsatisfactory pairings of the functions. B. State how you would distribute the functions among the three employees. Assume that with the exception of the nominal jobs of the bank reconciliation and the issuance of credits on returns and allowances, all functions require an equal amount of time. (CPA Examination, adapted)
Answers
1. Maintaining the general ledger and preparing checks for signature, 2. Maintaining the accounts payable ledger and issuing credits on returns and allowances, 3. Maintaining the accounts receivable ledger and reconciling the bank account, 4. Maintaining the cash disbursements journal and handling and depositing cash receipts.
The Gardner Company needs to assign the eight accounting functions to its three clerical employees in a way that maximizes internal control. Four possible unsatisfactory pairings of functions can be identified:
1. Maintaining the general ledger and preparing checks for signature: These two functions should be separated to prevent potential errors or fraud. Having the same employee responsible for both tasks increases the risk of unauthorized check preparation or manipulation of the general ledger.
2. Maintaining the accounts payable ledger and issuing credits on returns and allowances: These functions should be segregated to ensure proper recording and verification of credits. Combining them may result in the possibility of fraudulent credits being issued or errors in recording returns and allowances.
3. Maintaining the accounts receivable ledger and reconciling the bank account: Separating these functions is important to maintain accuracy and prevent misappropriation of funds. The person responsible for reconciling the bank account should not have access to the accounts receivable ledger to minimize the risk of manipulating records.
4. Maintaining the cash disbursements journal and handling and depositing cash receipts: These functions should be segregated to maintain control over cash transactions. Combining them increases the risk of mishandling cash or unauthorized diversion of funds.
To distribute the functions for maximum internal control, the following assignments can be made:
1. Employee 1: This employee should be assigned to maintain the general ledger. This function requires accuracy and attention to detail as it involves recording all financial transactions of the company.
2. Employee 2: This employee should maintain the accounts payable ledger, prepare checks for signature, and handle and deposit cash receipts. By combining these functions, the company ensures a clear separation of duties, with one person responsible for recording payables, another for preparing checks, and also handling cash receipts.
3. Employee 3: This employee should maintain the accounts receivable ledger, reconcile the bank account, and issue credits on returns and allowances. This assignment separates the responsibilities of recording receivables, reconciling bank statements, and managing returns and allowances to prevent potential errors or fraudulent activities.
By distributing the functions in this manner, the Gardner Company enhances internal control by ensuring segregation of duties, reducing the risk of errors, and providing checks and balances within the accounting system.
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Choose the four diversity in the workplace issues from the list below. Remember to choose four!
Ethnic groups
Role of women
Older workers
Physically challenged
Increase advertising
Raise the profit margin
Answers
Answer:
Ethnic groups
Physically challenged
Role of women
Older workers
Explanation:
Diversity in the workplace refers to the employers' deliberate efforts to employ individuals with varying traits. A workplace that embraces diversity will have employees of different religions, races, gender, sexual orientations, educational backgrounds, and other attributes.
Employees with different backgrounds bring on-board different experiences and perspectives, which enhance the quality of decisions. Having a variety of views and opinions results in higher creativity.
the retail marketing mix has four elements that must be managed by the firm: product and service assortment, retail prices, promotion, and distribution
Answers
The retail marketing mix consists of four key elements: product and service assortment, retail prices, promotion, and distribution. These elements are crucial for a firm to effectively manage and enhance its retail marketing strategy.
The product and service assortment refers to the range of products and services offered by a retailer. It involves selecting the right mix of merchandise and services to meet the needs and preferences of the target customers.
Retail prices play a significant role in the marketing mix as they influence customer perception, demand, and profitability. Retailers need to determine appropriate pricing strategies that consider factors such as costs, competition, customer value, and market trends.
Promotion involves the activities undertaken by retailers to communicate and persuade customers about their products and services. This element encompasses advertising, sales promotions, public relations, personal selling, and digital marketing efforts.
Distribution is concerned with the movement of products and services from the retailer to the end consumer. It involves decisions related to the location and layout of physical stores, online presence, supply chain management, inventory control, and order fulfillment processes
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The supply and demand for money is the major influence on the level of interest rates.
true or false?
Answers
Answer:
true
Explanation:
What is a credit limit and what is it's purpose?
Answers
Answer:
What is a credit limit?
A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.
what is the purpose of a credit limit?
Credit limits determine how much you can spend using your credit cards and serve as a way for lenders to limit the risk of lending money. Having high credit limits can be a good thing, because it gives you the flexibility to spend money when you need to and it may help you maintain good credit scores.
Explanation:
Explain why it is necessary to evaluate your options when making a decision.
Answers
Answer:
It is important to evaluate your decision making, for certain outcomes of that decision may not be what you want them to be. ... When evaluating your decisions, you are looking at the whole situation, which gives you the whole perspective of the situation, and what all the outcomes can be for you
Regina a 25-year-old professional who wants to start an investment portfolio what strategy may her financial advisor suggest
Answers
Explanation:
For a young professional like Regina still in her 20's. Majority of the amount must go in high risk but high return investment tools like stocks. Some amount in low risk tools like bonds or government securities.Since Regina has more time to absorb changes in the market, she can focus on more aggressive growth stocks and avoid slow-growing assets like bonds. What i as an investment advisor would suggest her
Stocks: 80% to 90%
Bonds: 10% to 20%
The graph presents a production possibilities curve, or frontier, PPF for the nation of New Carnitas. Each point on this curve represents a combination of steak and potatoes that this country can produce given its resources and technology. Based on the information in the graph, place the points as indicated.
Point A is an attainable and efficient combination of steak and potatoes.
Point B is consistent with the full employment of available resources.
Between points C and D, the opportunity cost of 1 pound of steak is 2 pounds of potatoes.
Between points E and F, the opportunity cost of 1 pound of potatoes is 3 pounds of steak.
Point G represents an unattainable combination of steak and potatoes.
Point H represents an inefficient use of New Carnitas's resources.
Answers
Given that the graph is not shown here these are the basic points in a production possibility curve.
The attainable point in a production possibility curve
This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.
The full employment of resources on the PPCThis is the point that has all the resources in the economy being used in the production of goods and resources.
The unattainable point in a PPCThe unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.
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Upload your completed spreadsheet comparing five hybrid cloud companies
Answers
The term "hybrid cloud" refers to the services provided by data centres and public clouds combined. Some of its vendors are WebSphere Cast Iron Cloud Appliance, Federation Enterprise Hybrid Cloud, CloudSystem, LotusLive, Windows Azure platform, and Amazon Web Services.
Top 5 by Revenue: Global Leaders in the Hybrid Cloud Market
Hybrid cloud solutions give merchants a competitive edge by offering traditional IT infrastructure state-of-the-art services to their customers in addition to being affordable and secure. Since hybrid cloud computing solutions provide a secure firewall for private services and sufficient . They are popular among both large and small enterprises due to its integration for public ones.
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All of the following allow for a monopoly to exist EXCEPT ______________.
a. geography
b. competition
c. a patent
d. government mandate
Economics
Answers
Answer:
d. government mandate economics
Explanation:
during the industrial era the government stepped in to stop wealthy monopoly companies from corruption of the government
The correct option is (d) Government mandate economics.
What does government mandate economics mean?The group of people responsible for governing the country is called the government. If some government has a mandate for carrying out any policy or task, then they somewhat get the authority to win the election or vote. Hence (d) is correct out of all options.
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The sheet that can produce a history of cycle time, safety,
quality, and procedure improvements is called __________.
Group of answer choices
A. standardized work combination table
B. job element shee
Answers
The sheet that can produce a history of cycle time, safety,
quality, and procedure improvements is called job element sheet.
A job element sheet is a document or form that provides detailed information about the tasks, activities, and requirements of a specific job or work process. It typically includes information such as the sequence of steps, tools and equipment needed, time taken to complete each task, safety guidelines, quality standards, and any specific procedures or instructions.
The job element sheet serves as a valuable tool for tracking and documenting various aspects of job performance and improvement over time. It can provide a history of cycle time, which refers to the time taken to complete a task or process, allowing managers to identify bottlenecks or areas of inefficiency and make necessary improvements.
Additionally, the job element sheet can track safety-related information, such as safety procedures and guidelines followed during the job. This helps in ensuring a safe working environment and identifying areas where safety measures can be enhanced.
The sheet also captures information related to quality standards and procedures. It allows managers to monitor the adherence to quality requirements, identify any quality issues or defects, and implement corrective actions to improve the overall quality of the work.
By maintaining a history of cycle time, safety, quality, and procedure improvements, the job element sheet enables managers to analyze trends, identify areas for further improvement, and make data-driven decisions to enhance overall performance and productivity in the workplace.
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Which cable news network produces the most straight reporting?
A. MSNBC
B. ESPN
C. CNN
D. FOX
Answers
Answer:
C.
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Answer:
A
Explanation:
Potlatch Corporation has issued various types of bonds such as term bonds, income bonds, and debentures. Differentiate between term bonds, mortgage bonds, debenture bonds, income bonds, callable bonds, registered bonds, bearer or coupon bonds, convertible bonds, commodity-backed bonds, and deep discount bonds.
Answers
Answer:
Term bonds - Term bonds refer to bonds with the same maturity date and on that date their face value must be repaid.
Mortgage Bonds - this is a bond that is backed up by real estate as collateral thus giving the holder of these bonds a claim on said real estate.
Debenture bonds - These types of bonds/ debt instruments are not secured by any collateral.
Income bonds - The coupon payments on such bonds are contingent on whether the company makes enough income to pay them in a given period.
Callable bond - These types of bonds are redeemable before the maturity date by the issuer.
Registered bonds - The bondholder's referent information is held by the issuer the main purpose of which is to ensure that payments are going to the right address.
Bearer or coupon bonds - These types of bonds can be transferred from one owner to another as the bond is not recorded in the holder's name.
Convertible bonds - These bonds are convertible into shares in the issuing company.
Commodity-backed bonds - Such bonds are valued based on the value of a certain asset that will be specified in the agreement.
Deep discount bonds - This kind of bond is sold at 80% or less than its face value.
PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing
Answers
Answer:
b
Explanation:
A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.
Who is a salesperson?A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.
They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.
If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.
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When DAX Products wanted to expand and enter the Western European market, it established a small manufacturing facility and a sales office in Munich. What method of entering the global market did DAX use?
A.Global sourcing
B.A strategic alliance
C.Foreign subsidiary
D.Licensing
E.Exporting
Answers
Option (c), DAX Products opened a small manufacturing facility and a sales office in Munich when it wished to grow and penetrate the Western European market. DAX used a foreign subsidiary to reach the worldwide market.
What does a global subsidiary strategy entail?A foreign subsidiary, sometimes known as a parent company or holding company, is a smaller corporation having operations outside of its home country that is part of a larger company with headquarters overseas.
By establishing a foreign subsidiary there, one establishes a legal entity there. Legal entities are allowed to market their products and services to the general public. They are able to import and export goods.
Which objectives does a foreign subsidiary want to realize?The parent firm can enter profitable new markets and advertise its products or services there with the aid of a foreign subsidiary. Also, it makes it possible for you to hire full-time employees directly in another country without the aid of a middleman like an employer of record.
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Which sentence describes a cooperative organization?
Answers
Answer:
Cooperative organizations are organizations voluntarily formed by a group of people who have the same ideas of meeting certain economic goals. Cooperative organizations are manned democratically meaning choosing leaders is a democratic will.
There are seven different kinds of kitchen scales available, each of which operates on a slightly different principle for calculation.
True
False
Answers
There are Seven different types of Kitchen Scales. They are,
1. Balance Scale
2. Mechanical Scale
3. Digital Scale
What is a Kitchen Scale?A kitchen scale is a weight machine that lets a person quantify the weight of a certain product.
4. Large Capacity Scale
5. Hanging Scale
Analog Hanging ScaleDigital Hanging Scale6. Top loading Dial Scales
7. Metric System Scale
The various kitchen scales are used by people for measuring and weighing the products. There are digital as well as analog scales which are used by the users based on their preferences for calculations.
The given statement is True.
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