Glaxo Pharmaceuticals will need to conduct a comprehensive analysis of these factors and consider the overall strategic objectives of the company.
Here are some factors Glaxo Pharmaceuticals may consider when deciding between opening a plant in Panama or in the U.S.:
Cost considerations: Glaxo will need to analyze the cost implications of establishing a plant in Panama compared to the U.S. This includes factors such as labor costs, taxes, real estate prices, utilities, and operational expenses. They would need to assess which location offers more cost-effective options for their manufacturing and distribution processes.Market access: Glaxo should evaluate the proximity and accessibility to their target markets. If the majority of their customers are in the U.S., having a plant in the U.S. may provide logistical advantages in terms of transportation and supply chain management. However, if they have a significant customer base in Latin America or other regions served by Panama, establishing a plant in Panama may offer better market access.Regulatory environment: Glaxo will need to consider the regulatory frameworks and requirements in both Panama and the U.S. This includes factors such as intellectual property protection, compliance with quality standards, environmental regulations, and labor laws. They should assess which location offers a more favorable and predictable regulatory environment for their operations.Talent pool: Glaxo should evaluate the availability and quality of the workforce in each location. This includes assessing the skills, education levels, and experience of the local workforce. They may also consider factors such as language proficiency, cultural compatibility, and the ability to attract and retain talented professionals. Evaluating the availability of skilled labor will be crucial for maintaining efficient operations and ensuring product quality.Political stability and economic factors: Glaxo should consider the political stability and economic conditions in both Panama and the U.S. Stability and predictability in governance, legal systems, and economic factors can impact the long-term viability and sustainability of their operations. They may also evaluate factors such as foreign investment incentives, trade agreements, and economic growth potential in each location.Risk assessment: Glaxo should conduct a risk assessment for each location, considering factors such as natural disasters, political risks, security concerns, and potential disruptions to the supply chain. They should identify and mitigate risks associated with each location to ensure business continuity and minimize potential losses.Ultimately, Glaxo Pharmaceuticals will need to conduct a comprehensive analysis of these factors and consider the overall strategic objectives of the company. By weighing the benefits and challenges against the interests of shareholders, customers, and the foreign workforce, Glaxo can make an informed decision regarding the location of their plant.
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Find an article dealing with an opinion poll on a local, state ,or national issue. Write a paragraph summary of when and how the poll was conducted, and what the results indicated.
Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
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It is important for a good economic model to predict cause and effect so that it can?
The ability to forecast cause and effect is crucial for a solid economic model since it enables it to both explain past events and foresee potential future ones.
A model of the economy's importance
Its main goal is to describe and examine the prices and volume sold in a market that is competitive. In relation to price and other factors, the equations of the model define the level of supply and demand (for example, income).
What conclusions do economic models draw?
A simplified representation of reality, an economic model enables us to observe, comprehend, and forecast economic phenomena. A model's goal is to simplify a complex, real-world scenario so that only the most important elements remain.
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The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.
Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.
What is data on price ?Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.
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According to Armour (2007), a Gallup poll indicated that employees who had _____ at work reported 50% more job satisfaction than those who did not.
Answer:
close friends
Similarly, a Gallup poll revealed that employees who had close friends at work were almost 50% more satisfied with their jobs than those who did not (Armour, 2007).
Explanation:
product a is normally sold for $44 per unit. a special price of $30 is offered for the export market. the variable production cost is $26 per unit. an additional export tariff of 10% of revenue must be paid for all export products. assume there is sufficient capacity for the special order.
The special price for product A in the export market is $30 per unit. The normal selling price for product A is $44 per unit, but a special price of $30 is being offered for the export market.
This means that customers purchasing product A for export will pay $30 per unit. The variable production cost for product A is $26 per unit. This cost includes expenses such as raw materials, direct labor, and other variable costs directly associated with production. In addition to the special price and production cost, there is an additional export tariff of 10% of revenue that must be paid for all export products.
This means that for each unit of product A sold for export at the special price of $30, an additional 10% ($3) must be paid as an export tariff. Assuming there is sufficient production capacity, the company can fulfill the special order at the reduced price of $30 per unit, while considering the variable production cost of $26 per unit and the additional export tariff of 10% of revenue.
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what kind of technology refers as local technology or indigenous technology ?
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
Which factor describes the value of using Accenture's Multi-party Systemspractice?O a universal solution that fits all clients equallyO Accenture's total number of employees worldwideO limited partnerships to keep ecosystems small and manageableO Accenture's technology and operational experience with blockchaino I don't know this yet.
Option (d), The value of utilizing Accenture's Multi-party Systems practice is described by its technological and operational experience with blockchain.
What function does Accenture perform within the Blockchain multi-party system?Accenture Blockchain and Multiparty Systems specializes on the financial services industry, digital identity, and supply chain. In every one of these areas, we have developed exceptional foundational capabilities, verified proofs of value, and helped business ecosystems put the first multiparty solutions into place.
A focus on the use of blockchain technology as a tool for process improvement and organizational change.They are heavily investing in our cloud services. giving our clients the responsibility for developing cloud-based solutions and dividing our cloud operations into distinct, self-contained groupsThe logistics of delivery are outlined. Accenture has a very efficient supply chain that is accurate, adaptable, and deft.Learn more about Accenture's Multi-party Systems: https://brainly.com/question/30194263
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A local butcher and a worker at a cereal factory both work in what Agriculture, Food, and Natural Resource pathway?
Agribusiness Systems
Food Products & Processing Systems Animal Systems
Natural Resources Systems
The Food Products & Processing Systems is the department in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
The food products $ processing systems is a department in the Food, and Natural Resource
The department is responsible for tasks including:
Bulk food production Development of ways to process, package or store food etcIn conclusion, the Food Products & Processing Systems is the pathway in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
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In 2022, Cooke Corporation had cash receipts of $46,000 and cash disbursements of $22,000. Cooke's ending cash balance at December 31, 2022, was $78,000. What was Cooke's beginning ca
Based on the information given Cooke's beginning cash balance is $54,000.
Beginning cash balance:Using this formula
Beginning cash balance=Ending cash balance-Cash receipts+Cash disbursements
Where:
Ending cash balance=$78,000
Cash receipts=$46,000
Cash disbursements=$22,000
Let plug in the formula
Beginning cash balance=$78,000-$46,000+$22,000
Beginning cash balance=$54,000
Inconclusion Cooke's beginning cash balance is $54,000.
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Raw materials and equipment used in the production of other goods and services are called ______ goods.
Raw materials and equipment used in the production of other goods and services are called Intermediate goods.
Intermediate goods are referred to as those goods which can be utilized by businesses in producing items or services. Final goods are items which do not require further processing. These goods are also called customer goods and are produced for the cause of direct intake with the aid of the end patron.
Raw materials are the input goods or stock that a enterprise wishes to fabricate its merchandise. Examples of raw materials encompass metallic, oil, grain, minerals.
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PLEASE HELP !!!!!!!!
Answer:
Angel do not share in the profit of the business.
No need for collateral .
Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, 2017, its Cash account shows a $27,500 debit balance. The company’s May 31 bank statement shows $25,800 on deposit in the bank. The May 31 bank statement lists $100 in bank service charges; the company has not yet recorded the cost of these services. Outstanding checks as of May 31 total $5,600. May 31 cash receipts of $6,200 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank statement. In reviewing the bank statement, a $400 check written by Smith Company was mistakenly drawn against Wright’s account. The bank statement shows a $600 NSF check from a customer; the company has not yet recorded this NSF check. Prepare a bank reconciliation for the company using the above information.
Answer:
Please see solution below
Explanation:
Bank reconciliation as at June 31st.
•Bank statement balance
$25,800
Add:
Bank service charges
$100
NSF check
$600
Wrong drawn
$400
Total
$1,100
Adjusted bank balance
$26,900
Bank reconciliation as at June 31st.
•Cash book balance
$27,500
Add: outstanding checks
$5,600
Balance
$34,100
Less: deposit in transit
($6,200)
Adjusted book balance
$26,900
Juanita and Gilberto need to decide which one of them will take time off from work to complete the rather urgent task of digging postholes for their new fence. Juanita is pretty good with a post auger; she can dig the holes in 30 minutes. Gilberto is somewhat slow; it takes him 3 hours to dig the holes. Juanita earns $120 per hour as a psychiatrist, while Gilberto earns $25 per hour as a cobbler. Keeping in mind that either Juanita or Gilberto must take time off from work to dig the holes, who has the lower opportunity cost of completing the task?
Answer: Juanita
Explanation:
Given the following :
Time required for Juanita to complete task = 30 minutes
Time required for Gilberto to complete task = 3 hours
Juanita's earning per hour = $120
Gilberto's earning per hour = $25
Juanita's opportunity cost = $120 × 30 minutes
= $120 × 0.5 = $60
Gilberto's opportunity cost = $25 × 3 hours
= $25 × 3 = $75
Therefore, Juanita has the lower opportunity cost of completing the task.
What are wholesalers
Answer:
Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.
Hope this help :)
Answer:
Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.
Explanation:
Examples; Costco Wholesale & Sam's Club
Read the following case scenario and answer the question that follow,
GOAL (Grain Operators Advantage Logistics) Case – Part 2
GOAL (Grain Operators Advantage Logistics) processes grain products bought from farmers and ships them to supermarkets across the country. GOAL’s production levels have been rapidly growing since they first opened for business ten years ago, and their workforce has grown equally steadily as well. The two largest groups of employees at GOAL are the grain processors and the warehouse workers. The job of a grain processor consists of offloading large bags of unprocessed grains when they arrive, opening and emptying them on to a large work surface, checking to be sure they are free from extraneous objects, feeding them into a machine that removes the dry casings, ensuring they are packed in 10 kilogram bags and routing them to the warehouse for shipment. The job of the warehouse workers, on the other hand, is much less complex. Half of the warehouse workers are responsible for checking orders as they arrive and putting the requested number of bags on to a conveyor belt to the loading area. The other half of warehouse workers take the bags and place them in the trucks to be taken to the supermarkets. There tends to be a high level of turnover in both these jobs. Labour shortages are causing delays in filling the positions. According to exit interviews conducted by the HR department, a common theme is that the workers were not happy in their jobs. The grain processors in general felt that their jobs were too complex in comparison to similar jobs elsewhere. Warehouse workers often cited boredom as a reason for them leaving.
Question.
How can job design help to address the retention issue faced by GOAL? and (b) briefly explain what job design approaches you would use for the two jobs in this scenario, and why.
The key is to create a job design that aligns with employees' interests, provides opportunities for growth and development, and ensures a balance between challenge and monotony.
(a) Job design can play a crucial role in addressing the retention issue faced by GOAL (Grain Operators Advantage Logistics). By carefully designing and structuring jobs, the company can create a work environment that is engaging, meaningful, and provides opportunities for growth and development. Here are a few ways in which job design can help address the retention issue:
1. Job Enrichment: Implementing job enrichment techniques can help make the jobs more satisfying and challenging for the employees. For grain processors, this could involve providing additional responsibilities such as quality control, process improvement, or cross-training opportunities. This would allow them to take ownership of their work, enhance their skills, and experience a sense of achievement. Similarly, for warehouse workers, job enrichment could involve assigning them tasks that require problem-solving or decision-making, such as inventory management or coordinating shipments.
2. Job Rotation: Introducing job rotation can provide variety and reduce monotony in both roles. Grain processors and warehouse workers can be periodically rotated among different tasks within their respective departments. This can prevent boredom and provide employees with a broader understanding of the overall operations, making their work more interesting and engaging.
3. Training and Skill Development: Offering training and skill development programs can enhance the capabilities of employees and increase their job satisfaction. GOAL can provide training sessions for both grain processors and warehouse workers to acquire new skills, such as operating advanced machinery, learning inventory management systems, or improving communication and teamwork skills. This investment in employee development shows a commitment to their growth and can enhance their motivation to stay with the company.
(b) For the two jobs in this scenario, the following job design approaches can be used:
1. Grain Processors: Job enlargement can be applied by expanding the tasks of grain processors to include additional responsibilities such as quality control, maintenance of equipment, or data analysis. This broadens their scope of work and allows them to engage in a wider range of activities, reducing the perception of job complexity. This approach provides variety and challenge, making the job more appealing and rewarding.
2. Warehouse Workers: Job rotation can be introduced for warehouse workers to reduce monotony and increase job satisfaction. By rotating them between different tasks, such as order checking, conveyor belt operations, truck loading, and inventory management, the workers can experience different aspects of the warehouse operations. This helps prevent boredom and provides opportunities to develop new skills.
Overall, by implementing job enrichment, job rotation, and training initiatives, GOAL can address the retention issue and create a more engaging work environment for its employees.
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If $15,000 is invested at a rate of 4. 75% compounded continuously for 25 years, what is the final value of the investment? round the answer to the nearest penny.
The final value of the investment after 25 years of compound interest is $47,857.
What is compound interest?Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.
It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it so that interest is generated the next period on the principal amount plus any accumulated interest.
In finance and economics, compound interest is common.
In contrast to simple interest, which does not compound since past interest is not added to the principal for the current period, compound interest allows interest to build over time.
So, the principal amount is $15,000 and the compound interest is 4.75% annually for 25 years.
Then, the amount after 25 years will be: $47,856.62
Rounding off: $47,857
(Refer to the chart attached below)
Therefore, the final value of the investment after 25 years of compound interest is $47,857.
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when a licensed sales associate is working for a broker as an employee, which of the following is not a characteristic of an employee
when a licensed sales associate is working for a broker as an employee, than option who is not correct is The broker may not require sales associates to attend sales meetings.
A LICENSED SALES AGENT: WHAT IS IT?Become a registered sales agent if you have a strong work ethic and a passion for assisting others. Licensed sales representatives make contact with potential customers to market products from a variety of product categories. Through licensed sales representatives, insurance may be marketed to consumers or corporations. As a part of the wellness group, these brokers also provide insurance.
For this position, typically, a bachelor's degree is required. Experienced agents with a university degree may be able to move into roles in risk management, as actuaries, or in other fields requiring post-secondary education. Having a background in business or economics can also be quite advantageous for agents. Licensed sales representatives provide a range of insurance products, including property, casualty, disability.
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If demand is elastic, should a producer raise or lower price if the producer wants to increase total revenues? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a The producer should lower prices. b The producer should raise prices. с It depends upon the elasticity of supply, d Neither change will increase revenues
If the producer wants to increase total revenues then the producer should lower prices. The answer is OPTION A
As a result, increasing prices will increase overall revenue while decreasing prices will decrease it. When the percentage change in quantity desired is the same as the percentage change in price.
The demand is said to be unit elastic. A company shouldn't just raise pricing to boost overall sales. This is true since a price increase normally causes a drop in sales of the product. It should only be put into practice if the rise in price per unit justifies the drop in sales. The answer is OPTION A
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a family just changed to a different mobile phone and data service provider. they now need take some time to transfer their content to new phones and learn the features of the new service. this is an example of a: a. switching cost customers incur changing to a new supplier. b. decrease in cost due to economies of scale. c. one-time cost of product differentiation. d. one-time cost suppliers incur when selling to a different customer.
A family just changed to a different mobile phone and data service provider. they now need take some time to transfer their content to new phones and learn the features of the new service. this is an example of A. a switching cost customers incur changing to a new supplier.
Switching costs are the expenses or inconveniences experienced by customers when they change from one product or service provider to another. In this case, the family has to invest time and effort in transferring their content to the new phones and learning the features of the new service after changing their mobile phone and data service provider. These costs may include both financial expenses (such as fees for transferring data or purchasing new equipment) and non-financial costs (like time spent in learning the new system or adjusting to the new provider's interface).
Switching costs can be a significant factor when customers are considering whether to change suppliers, as they may act as a barrier to change. High switching costs can result in customer loyalty, as customers may be less likely to switch providers if they perceive the costs of switching to be too high. On the other hand, if a new supplier can minimize the switching costs for customers or offer incentives that outweigh these costs, it may be more likely to attract new customers and gain market share.
To recap, the family's experience in transferring their content and learning the new service's features is an example of a switching cost they incur when changing to a new supplier. This cost can influence customers' decisions on whether to change providers and can impact a supplier's ability to attract new customers. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
a family just changed to a different mobile phone and data service provider. they now need take some time to transfer their content to new phones and learn the features of the new service. this is an example of
a: a. switching cost customers incur changing to a new supplier.
b. decrease in cost due to economies of scale.
c. one-time cost of product differentiation.
d. one-time cost suppliers incur when selling to a different customer.
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First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.
Answer:
a. EAR for First National Bank = 12.35%
b. EAR for First United Bank = 12.25%
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.
Calculate the EAR for First National Bank and First United Bank. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Explanation of the answers is now given as follows:
The effective annual rate (EAR) can be calculated using the following formula:
EAR = ((1 + (i / n))^n) - 1 .............................(1)
Where;
i = Annual interest rate of the bank
n = Number of compounding periods in a year
Therefore, we have:
a. Calculation of the EAR for First National Bank
i = Annual interest rate of First National Bank = 11.7%, or 0.117
n = Number of compounding periods in a year = 12
Substituting the values into equation (1), we have:
EAR for First National Bank = ((1 + (0.117 / 12))^12) - 1
EAR for First National Bank = 1.12348257790079 - 1
EAR for First National Bank = 0.12348257790079, or 12.348257790079%
Rounding to 2 decimal places as required, we have:
EAR for First National Bank = 12.35%
b. Calculation of the EAR for First United Bank
i = Annual interest rate of First United Bank = 11.9%, or 0.119
n = Number of compounding periods in a year = 2
Substituting the values into equation (1), we have:
EAR for First United Bank = ((1 + (0.119 / 2))^2) - 1
EAR for First United Bank = 1.12254025 - 1
EAR for First United Bank = 0.12254025, or 12.254025%
Rounding to 2 decimal places as required, we have:
EAR for First United Bank = 12.25%
demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:
Answer:
Surplus
Explanation:
Given:
Family planned to spend = $370
Amount spend = $348
Find:
Amount of surplus
Computation:
Amount of surplus = Family planned to spend - Amount spend
Amount of surplus = $370 - $348
Amount of surplus = $22
A surplus is the quantity of an item or resource that is greater than the amount that is actively used.
silverville in 2008, exports were $200, gdp was $2000, government purchases were $300, imports were $130, and investment was $400. what was sevierville's consumption in 2008?
Sevierville's consumption in 2008 was $1,530.
What was the total expenditure by Sevierville in 2008?Sevierville's consumption in 2008 can be calculated using the formula:
Consumption = GDP - Government Purchases + Imports - Exports + Investment
Substituting the given values:
Consumption = $2000 - $300 + $130 - $200 + $400
Consumption = $1,530
Therefore, Sevierville's consumption in 2008 was $1,530.
Consumption represents the total expenditure by individuals, households, and businesses on goods and services within an economy. It is an essential component of a country's GDP calculation, reflecting the overall demand for goods and services. In the case of Sevierville in 2008, consumption was determined by subtracting government purchases, exports, imports, and investment from the GDP. These figures provide insights into the economic activity and spending patterns within the city during that year.
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a partner has express authority to do whatever he or she is authorized to do by the articles of partnership
True. In a partnership, the partners' authority to act on behalf of the partnership is typically defined in the articles of partnership or partnership agreement.
Express authority refers to the specific powers and responsibilities granted to a partner as outlined in these governing documents. If the articles of partnership explicitly authorize a partner to perform certain actions or make decisions, then that partner has the express authority to do so. This means they have the power and authorization to act on behalf of the partnership within the scope of their designated responsibilities.
However, it's important to note that express authority can vary depending on the specific provisions outlined in the articles of partnership. It is crucial for partners to review and understand these provisions to ensure they are acting within the boundaries of their authorized powers and responsibilities.
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This is a 1977 code of conduct that required multinational corporations in South Africa to do business in a nondiscriminatory way. A. The MacBride Principles
B. The Equator Principles
C. The CERES Principles
D. The Sullivan Principles
The Sullivan Principles is a 1977 code of conduct that requires multinational corporations in South Africa to conduct business in a non-discriminatory manner. Here option D is the correct answer.
The Sullivan Principles, also known as the Sullivan Code, was a code of conduct created in 1977 by Rev. Leon Sullivan, an African-American civil rights leader, and Baptist minister. The principles were intended to guide multinational corporations doing business in South Africa during the apartheid era and required companies to do business in a nondiscriminatory way.
The principles were named after Rev. Sullivan and were first adopted by General Motors, where Sullivan was a board member. The principles were later adopted by other multinational corporations doing business in South Africa, including IBM, Coca-Cola, and Ford.
The Sullivan Principles consisted of nine guidelines that required companies to provide equal opportunities to all employees, regardless of race or ethnicity, to support human rights, and to contribute to the economic and social development of South Africa. The principles were later expanded to include environmental sustainability and social responsibility.
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Animeat is a company that sells food for exotic animals in the UAE. Business is going well but they predict they will have some cash flow problems five months from now. What type of finance do you recommend? Explain your recommendation
Answer:
Animeat should access a flexible line of credit.
Explanation:
While it is common knowledge that businesses including those that are profitable would at one time or another have cash flow problems, yet it is pertinent for business owners and managers to always plan ahead against lack or shortage of cash flow as such could lead to total collapse of the business or customers/suppliers loss.
With regard to the above scenario, I would suggest Animeat access a flexible line of credit like invoice finance,overdraft facilities or short term business loan etc, inorder to meet up with it's food supply when the time comes. This would give the business quick access to funds/cash hence cushion the effect of cash flow problem during the predicted time.
The most important source of finance is to find the one that suit the business need and in which interest payment will be seamless so that available cash will not be depleted.
how do contact lists differ from an address book?
Answer:
Contact lists contain more information about a person than an address book.
~faith
Explanation:
Hope you have a great day :)
Which of the
following is NOT
associated with
Macroeconomics
?
A. A nation's GDP
B. Unemployment
C. Inflation
D. Individuals
Answer:
The option A is correct
Explanation:
having health insurance means that a family cannot go bankrupt due to medical expenses. question 7 options: true false
having health insurance means that a family cannot go bankrupt due to medical expenses.
The given statement is true.
If you have a medical emergency, hospitals and emergency rooms are required to treat you regardless of whether or not you have health insurance. That does not imply that the services will be provided for free. You will be liable for the cost, which might be rather high.
Epidemiology is the branch of medicine concerned with the occurrence, distribution, and potential control of diseases, illnesses, and other health-related variables.
Costs paid by individuals when they acquire health care services are referred to as health care costs. 1) The cost of health care is referred to by consumers and financiers as the price of health care services.
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