American bond will increase Japanese currency demand, US decreased taxes leads to increase in spending, inflation in Japan results in fall of yen while US recession leads to fall in demand.
1. American tourists increase visits to Japan. Increase in demand for Japanese currency will take place as an effect of increase in the number of Americans who are visiting Japan. Hence, the value of Japanese Yen will increase, while the value of US Dollars will fall.
2. The U.S. government significantly decreases personal income tax. The decreased taxes on personal income will lead to more economic activity taking place in the US. As a result, there will be an increase in the value of the US Dollars, while the value of Japanese Yen will decrease.
3. Inflation in Japan rises significantly faster than in the U.S. The value of Japanese Yen will fall as an effect of significant increase in inflation. Meanwhile, the value of US Dollars will increase as the U.S. currency would be more attractive than the Japanese Yen.
4. Japan has a large budget deficit that increases Japanese interest rates. The increase in the interest rates of Japan will make Japanese bonds more attractive to foreigners. Hence, there will be an increase in the demand for Japanese currency. As a result, the value of Japanese Yen will increase, while the value of US Dollars will decrease.
5. Japan places high tariffs on all U.S. imports. The rise in tariffs will make US goods more expensive in Japan. Hence, there will be a decrease in the demand for US goods, which will lead to decrease in demand for US Dollars. As a result, the value of US Dollars will fall, while the value of Japanese Yen will increase.
6. The U.S. suffers a larger recession. As a result of a larger recession, the demand for goods and services will fall. Hence, there will be a decrease in demand for US Dollars. As a result, the value of US Dollars will fall, while the value of Japanese Yen will increase.
7. The U.S. Federal Reserve sells bonds at high interest rates. The selling of bonds at high interest rates will attract foreign investors to invest in US bonds. Hence, there will be an increase in demand for US Dollars. As a result, the value of US Dollars will increase, while the value of Japanese Yen will decrease.
Therefore it can be said that American bond will increase Japanese currency demand, US decreased taxes leads to increase in spending, inflation in Japan results in fall of yen while US recession leads to fall in demand. All of these are inter connected because in the current world all economy are inter related, inflation or recession in one country will affect another country economy.
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The Machine Shop is a retailer of tools for carpenters. Their top selling product is a revolutionary saw, which sells for €999. However, they are short on cash and try to hold the storage as short as possible. A customer interested in the saw buys with a probability of 0.8 if the saw is in the shop. If he has to wait for a day, he will buy and come back with a probability of 0.6. If the customer has to wait for two days, he will buy with a probability of 0.6, and if he has to wait for more than that, the customer will choose another saw. The owner thinks about offering discounts to customers willing to wait: 5% for one day waiting, 10% for two days waiting, and 15% for more than two days of waiting. Then he believes that the probability of a customer buying will go up to 0.8 for one day waiting, 0.6 for two days waiting, and 0.4 for more than two days of waiting. The owner can buy the saw for €450 and choose express freight (€80 for one day delivery), ordinary delivery (€40 for two days delivery), and snail delivery (free of charge, the tool will come when it comes). What decisions should be made? TY show and game "Who Wants to be a ings for each ques-
Machine Shop is a retailer of tools for carpenters. Their top selling product is a revolutionary saw, which sells for €999. However, they are short on cash and try to hold the storage as short as possible. A customer interested in the saw buys with a probability of 0.8 if the saw is in the shop. If he has to wait for a day, he will buy and come back with a probability of 0.6. If the customer has to wait for two days, he will buy with a probability of 0.6, and if he has to wait for more than that, the customer will choose another saw. The owner can buy the saw for €450 and choose express freight (€80 for one day delivery), ordinary delivery (€40 for two days delivery), and snail delivery (free of charge, the tool will come when it comes).
The owner thinks about offering discounts to customers willing to wait: 5% for one day waiting, 10% for two days waiting, and 15% for more than two days of waiting. Then he believes that the probability of a customer buying will go up to 0.8 for one day waiting, 0.6 for two days waiting, and 0.4 for more than two days of waiting.The owner can buy the saw for €450 and choose express freight (€80 for one day delivery), ordinary delivery (€40 for two days delivery), and snail delivery (free of charge, the tool will come when it comes).Let us consider the expected net profit for the Machine Shop in each of the following cases:
Case 1: The saw is available in the shop Expected demand if the saw is available is 0.8. Expected net profit = Expected revenue - Expected cost Expected revenue = Selling price = €999 Expected cost = Purchase price + Delivery cost = €450 + €0 (Snail delivery) = €450 Expected net profit = €999 - €450 = €549
Case 2: The saw is not available in the shop, but it will arrive in one day The probability that a customer will wait for a day is 1 - 0.8 = 0.2 Expected demand if the saw will arrive in one day is 0.6Expected net profit = Expected revenue - Expected cost Expected revenue = Selling price - 5% = €999 - (5/100) × €999 = €949.05Expected cost = Purchase price + Delivery cost = €450 + €80 (Express freight) = €530 Expected net profit = €949.05 - €530 = €419.05
Case 3: The saw is not available in the shop, but it will arrive in two days The probability that a customer will wait for two days is 1 - 0.8 - 0.2 = 0 Expected demand if the saw will arrive in two days is 0.6Expected net profit = Expected revenue - Expected cost Expected revenue = Selling price - 10% = €999 - (10/100) × €999 = €899.1Expected cost = Purchase price + Delivery cost = €450 + €40 (Ordinary delivery) = €490 Expected net profit = €899.1 - €490 = €409.1
Case 4: The saw is not available in the shop, and it will take more than two days to arrive The probability that a customer will wait for more than two days is 1 - 0.8 - 0.2 - 0 = 0 Expected demand if the saw will arrive in more than two days is 0.4Expected net profit = Expected revenue - Expected cost Expected revenue = Selling price - 15% = €999 - (15/100) × €999 = €849.15Expected cost = Purchase price + Delivery cost = €450 + €0 (Snail delivery) = €450 Expected net profit = €849.15 - €450 = €399.15The best decision for the Machine Shop is to stock the saw in the shop as the expected net profit (€549) is higher than the expected net profit for other cases.
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b) Now that you've created an invoice, how did you arrive at your final total? (2
points)
Answer:
black guy in the learners permit to build
As a project manager, you review your budget and notice one vendor is costing more than anticipated. You shift funds and recalibrate the budget to offset this increased vendor cost. What is the budgeting term for this task?
When you shift funds to ensure the success of the project, this is known as Reforecasting.
What is reforecasting?It is a business term that refers to the revision of a budget to allow for certain expenses to be completed owing to cost increases.
When this is done, the allocation of funds to different parts of the project changes which is why the vendor cost here was allocated more funds at the expense of another part of the project.
In conclusion, this is reforecasting.
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What happens if the U.S. textile industry has high barriers to entry?
A. The textile industry creates blocked avenues to entry even with companies earning top profits.
B. The textile industry’s surviving companies earn a normal level of profit over the long run.
C. The textile industry’s amount of new firms eventually causes prices to drop.
D. The textile industry’s high profits will attract new firms to enter.c
When the US textile industry has high barriers to entry, the textile industry’s high profits will attract new firms to enter. The correct answer is option d.
What are barriers to entry?Barriers to entry refer to the hurdles that businesses must overcome in order to enter a market. It is said to be high when new businesses encounter significant difficulty entering an industry because of the presence of an established business already controlling a significant market share. Barriers to entry are determined by several factors, including: Capital requirements, Legal restrictions on competition, Market size, Economic policy and Investment in technology.
Existing brand loyalties are difficult to overcome, among other things. The result of high barriers to entry in the textile industry. When there are high barriers to entry in the US textile industry, the textile industry’s high profits will attract new firms to enter. Because of the high barriers, the industry will have fewer firms, and surviving companies will earn higher than normal profits over time. Consequently, new companies will begin to enter the industry in the long run in order to share the profits earned by the current players.
This will result in greater competition, with each firm vying for a greater share of the market by lowering their prices to attract customers. This, in turn, causes the price of textile products to fall. Companies will no longer earn high profits, but they will still earn a normal level of profit, and the industry will be more efficient as a result. This is what happens when there are high barriers to entry in the US textile industry.
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why do firms grow in economics
Explanation:
Firms grow in order to achieve their objectives, including increasing sales and maximising profits
give at least 3 personal gains in your business (my gain,community gain and country gain) by considering the table below
Answer:
My Business- Fashion Designing
My Gain- Daily profit generation, Job Satisfaction, Improvement of my business skill.
Community Gain- Access to well-designed dresses, Training for youths who wish to gain the skill
Country Gain- Employment of citizens, Contribution to the gross domestic product
Explanation:
In my business as a Fashion Designer, I benefit from the fact that I can make money for myself doing what I love. The business also affords me the opportunity to improve my business skill. For instance, good marketing helps me reach a wider audience.
The community I live in benefits from my service because they can always come to design their dresses in whatever styles they desire. Youths and others who wish to gain some skill can also register at an affordable price.
The country I reside in also benefits from the revenue generated from the business because it contributes to its gross domestic product. The citizens are also gainfully employed through the business.
My business: Pharmacy
My gain: Profit, income, access to free medical license drugs, safety, good health
Community gain: Access to good license My business: Pharmacy
My gain: Profit, access to free medical license drugs, safety, good health
Community gain: Access to good license drugs, ease of affordability, wellness and wholeness, free medical advice
Country gain: Employment of labor, access to good healthcare, tax, contribution to country's GDP, wellness and wholeness
for better understanding, lets explain what profits in business means
The aim of any business is to make profit. Business is referred to as any task or activity that aim to provide goods and services to people in order to make profitProfit is simply the amount of money a business earns above and beyond what it spends for salaries and other expensesbusiness gains covers the profit and other advantages be it pleasure, enjoyment, relaxation etc obtained or derived from any business transactionsfrom the above, we can therefore say that the answer My business: Pharmacy
My gain: Profit, access to free medical license drugs, safety, good health
Community gain: Access to good license drugs, ease of affordability, wellness and wholeness, free medical advice
Country gain: Employment of labor, access to good healthcare, tax, contribution to country's GDP, wellness and wholeness, is correct
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You meet with your manager for a performance review. The manager previously gave you an objective rubric that they would be using for this review. It is likely that your manager ascribes to ______ leadership.
A) Authoritarian.
B) Dmemocratic.
C) Laissez-faire.
D) Theory X.
There are different kinds of leadership. It is likely that your manager ascribes to democratic leadership.
What is a democratic leadership ?Democratic leadership is known to be a kind of balances decision-making work that exist between the group and the leader.
Democratic leadership is said to be also known as participative leadership or shared leadership.
Here, the leadership style is one where the members of the group often take a participative role in the decision-making acts.
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an advantage of financing is interest is tax deductible. (enter only one word per blank.)
An advantage of financing is interest is tax debt financing deductible.You do not have to respond to investors as the business owner. Negotiate set activity rates and flexible reimbursement possibilities as part of the terms.
Tax deductions: Unlike personal loans, the interest, fees, and costs of a business mortgage are all tax deductible because there is no loan to repay or collateral at danger.
Equity financing may be less hazardous than debt financing. Additionally, debt calls for consistent payments, which can be detrimental to your business's cash flow and growth potential. Debt financing has the problem that the borrower is frequently subjected to covenants from the lenders. A problem is a restriction that lenders place on borrowers in exchange for providing long-term debt finance.
Complete question:
an advantage of financing is interest is tax deductible. (enter only one word per blank.) of the debt financing?
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Asset Ahas an erpected return of 11% and a standard deviation of 12%. Asset B has an expected retum of 12% and a standard deviation of 22%. If the correlation Asset A has an expected return of 11% and a standard deviation of 12%. Asset B has an expected return of 12% and nd a standard deviation of 22%. If the corretation between A and B is 093, ahat is the evpected retum for a porttolo comp iolio comprised of 60 percent Asset A and 40 percent Asset B? Submit your answer as a percentage and round to fwo decimal places (Ex. 0.00\%6)
The expected return for the portfolio composed of 60% Asset A and 40% Asset B is approximately 11.40%. This means that, on average, we can expect a return of around 11.40% from the portfolio based on the given asset allocations and their respective expected returns.
Asset A expected return = 11%
Asset B expected return = 12%
Portfolio allocation: 60% Asset A and 40% Asset B
To calculate the expected return of a portfolio, we use a weighted average approach. We multiply the expected return of each asset by its respective allocation in the portfolio and then sum the results.
Expected return of the portfolio:
Expected return = (Weight A * Return A) + (Weight B * Return B)
Weight A = 60% (0.60) - the allocation of Asset A in the portfolio
Weight B = 40% (0.40) - the allocation of Asset B in the portfolio
Return A = 11% (0.11) - the expected return of Asset A
Return B = 12% (0.12) - the expected return of Asset B
Calculating the expected return of the portfolio:
Expected return = (0.60 * 0.11) + (0.40 * 0.12)
Expected return = 0.066 + 0.048
Expected return ≈ 0.114
Converting the decimal to a percentage:
Expected return ≈ 11.40%
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Business Operations Management Week 11 Tutorial 9 Worksheet Planning and Control + Question 1+ Planning and control activities include loading, sequencing, scheduling, and monitoring and control. → Select a company (e.g., coffee shop, burger restaurant, hair salon, $2 shop, sushi bar, fast food restaurant) and explain how these planning and control activities to be adopted to a company. + Capacity Management + Question 2+¹ The decisions taken by operations managers in devising their capacity plans will affect several different aspects of performance(e.g., costs, revenues, working capital, quality or services, speed of response to customer demand, dependability of supply, flexibility).
Question 1: Planning and control activities are an essential aspect of the operations management of any organization. The four key elements of these activities include loading, sequencing, scheduling, and monitoring and control.
Question 2: Capacity management is an important aspect of the operations management of an organization.
Question 1: These activities are critical in ensuring the effective utilization of resources, meeting customer demands and quality expectations, and reducing costs.
In the case of a coffee shop, for instance, planning and control activities will include determining the number of employees required to meet customer demands at specific times of the day, sequencing tasks such as taking orders, preparing drinks, and handling cash, and scheduling tasks to ensure that the employees work efficiently.
Monitoring and control activities will involve tracking employee performance, the quality of coffee and other drinks served, and customer satisfaction levels to make timely interventions where necessary.
Question 2: The capacity plan helps to determine the amount of resources required to produce goods or services in a given period, the levels of inventory required, and the resources that will be needed to meet demand.
The decisions taken by operations managers in devising their capacity plans will affect several different aspects of performance, such as costs, revenues, working capital, quality of services, speed of response to customer demand, dependability of supply, and flexibility.
These decisions will, therefore, have a direct impact on the profitability of the organization. Capacity management involves analyzing market trends, forecasting demand, and identifying the resources required to meet this demand.
Once this is done, a capacity plan is created, which outlines how the resources will be utilized to achieve the desired output levels. In conclusion, operations managers must be careful when making capacity decisions since they have a significant impact on the overall performance of the organization. 100 words.
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The completion of a foreclosure sale would terminate which of the following? A: statutory redemption rights B: all rights of redemption by the borrower C: Equitable redemption rights D: All liability of the borrower to the lender
The completion of a foreclosure sale would terminate "statutory redemption rights", hence option A is correct. This means that once the foreclosure sale is completed, the borrower no longer has the right to redeem the property by paying off the outstanding debt. However, it does not terminate B: all rights of redemption by the borrower, C: Equitable redemption rights, or D: All liability of the borrower to the lender.
A foreclosure sale is a legal process by which a lender obtains possession and sells the mortgaged property in order to recover the loan balance. Default occurs when the buyer, usually the borrower, fails to pay the monthly instalments.
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If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction into the accounting equation by:____.
If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction by increasing cash and decreasing accounts receivable.
The accounting equation is a fundamental accounting concept and a crucial part of the balance sheet. The calculation looks like this:
Assets = Liabilities + Shareholder’s Equity
This equation highlights the balance sheet's structure and lays the groundwork for double-entry accounting, also referred to as double-entry bookkeeping. In a double-entry accounting system, every transaction affects at least two accounts.
The balance sheet's foundation is the accounting equation. The statement of financial position and balance sheet are both financial statements. Assets, Liabilities, and Shareholder's Equity are the three main sections of the balance sheet, along with their various underlying components.
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The customers, employees, management, and anybody else involved are called _____.
place
promotion
people
process
Answer:
People
Explanation:
Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisions. OB. Stable prices result in a wealthier country overall O c. Stable prices create a lower per capita gross domestic product. D. Stable prices ensure that all citizens have jobs.
Answer:
A
Explanation:
Having a stable prices gives way for country to plan for future plans without any issue of inflation
Answer:
A
Explanation:
what is the differende between wants and needs?
Explanation:
Want — have a desire to possess or do (something); wish for. Need — require (something) because it is essential or very important rather than just desirable.
What types of government policies might help to improve the unemployment situation for these would be job seekers?
Answer:The Works Progress Administration WPA. created during the Great Depression showed how a large-scale, federally funded, locally administered jobs program could address an employment crisis. Through a similar program today, state and local governments could use federal resources to help job centers, public schools, nonprofits, and private companies hire workers to address critical needs during and after the COVI-19 pandemic. These could include public health department staff, teachers’ aides in schools, child and elder care providers, and construction workers for housing and infrastructure projects
Explanation:
Why are employment and age certificates typically required?.
Answer:
They protect employers from hiring someone that is too young.They indicate the minor has the proper training to work.They guarantee the minor will be hired.
Explanation:
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What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
A company has net sales of $792,200 and cost of goods sold of $572,200. its net income is $27,160. the company's gross margin and operating expenses, respectively, are:___________.
The company's gross margin is $220,000 and its operating expenses are $192,040.
In order to calculate the gross margin, we subtract the cost of goods sold (COGS) from the net sales. Gross Margin = Net Sales - COGS. Substituting the given values, we have Gross Margin = $792,200 - $572,200 = $220,000.
To find the operating expenses, we subtract the net income from the gross margin. Operating Expenses = Gross Margin - Net Income. Plugging in the values, we get Operating Expenses = $220,000 - $27,160 = $192,040.
Therefore, the company's gross margin is $220,000 and its operating expenses are $192,040.
The piece of an organization's income left over after direct expenses are deducted. One of the most important measures of a company's financial performance is its gross margin. It is the portion of a company's revenue that remains after direct costs like labor and raw materials are deducted.
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one of the main methods mike uses to make sure his employees are motivated is:a tiered bonus system based on performance.to find out what their personal goals are.to offer the highest wages in the industry.to use a personality instrument to determine a person's fit with the company.
Mike uses the method of a tiered bonus system based on performance as one of the main methods to make sure his employees are motivated.
Tiered bonus system is an approach to performance management that emphasizes the link between pay and performance. This method of motivation is implemented in order to encourage employees to work hard and produce quality results.
The tiered bonus system works by setting performance goals for employees and then linking those goals to specific levels of pay. This means that the more an employee achieves their performance goals, the more they are rewarded with bonuses, and the higher their salary will be over time.
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What are three things I can do now to start building my work experience?
Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
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A person who is involved in the process of creating and managing a business to achieve his or her desired objectives is engaged in
Answer:
entrepreneur
Explanation:
An entrepreneur is an individual who initiates the process of creating and managing a business entity with profit motives. They start with developing a business idea and transform it into a successful venture. Entrepreneurs assume the risks associated with starting a new business. They risk their capital, time, and energy with the expectation to make profits.
Entrepreneurs are creative and innovative people. They spot business opportunities where others don't. Entrepreneurs develop products and services that address the community's needs.
A taxi charges $2. 50 for the first mile and $0. 40 for each mile after that. The expression below shows how to find the total cost, in dollars, of a 20-mile taxi ride. 2. 50 0. 40 (20 minus 1) What is the cost of the ride? $9. 50 $10. 10 $55. 10 $58. 0.
True or false: All employees make an impact on a business.
5 points
True; all employees make a positive impact on a business
True; all employees make either a positive or negative impact on a business
False; only managers and supervisors make an impact on a business
False; only executives and board members make an impact on a business
Answer:
true; all employees make either a positive or negative impact on a business
Explanation:
A farmer expects irrigation system will increase real operating receipts by $32,000 per year but will also increase real operating expenses by $8,000. Suppose that the inflation rate is 5% and the marginal tax rate is 20%.
(i) What is the nominal net return at the end of year 3?
a. $29,172 b. $22,800
c. $27,783 d. $24,000
(ii) Calculate the nominal after-tax net return at the end of year 4.
a. $28,800 b. $27,360
c. $34,560 d. $23,338
Answer:
(i) Option (c) $27,783 (ii) $23,338 option (d)
Explanation:
Given that:
Real receipts = 32,000
Real expenses =$8,000
Inflation rate =5%
Marginal tax rate = 20%
(1) Now,
The receipts (nominal)for year 3 is = Real receipts ( 1 + Inflation rate ^)3
Nominal Expenditure for year 3 = Real Expenditure ( 1 + Inflation rate )^3
The receipts (nominal)for year 3 = Real receipts ( 1 + Inflation rate )^3
= $ 32,000 ( 1.05 ^)3
= $ 32,000 ( 1.1576 )
= $ 37,044
Thus,
The receipts (nominal)for year 3 = Real receipts ( 1 + Inflation rate )^3
= $ 8000 ( 1.05 )3
= $ 8000 ( 1.1576)
= $ 9261
The nominal net return = Nominal receipts - Nominal Expenditure
= $ 37,044 - $ 9,261
= $ 27,783
(ii) We find the nominal after-tax net return at the end of year 4
Thus,
Nominal receipts for year 4 = Real receipts ( 1 + Inflation rate )4
= $ 32,000 ( 1.05 )4
= $ 32,000 ( 1.2155 )
= $ 38,896
Now,
Nominal receipts for year 4 = Real receipts ( 1 + Inflation rate )^4
= $ 8000 ( 1.05 )^4
= $ 8000 ( 1.2155)
= $ 9724
So,
Nominal net return = Nominal receipts - Nominal Expenditure
= $ 38,896 - $ 9,724
= $ 29,712
After Tax net return = Nominal net return ( 1 - tax rate )
= $ 29,712 ( 1 - 0.2)
= $ 29,712 (0.8)
= $ 23,338
the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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Question 6 of 10
The optional feature in a business letter is the:
A. date.
B. inside address.
C. closing.
D. reference.
Answer:
D would be the correct answer
Explanation:
Answer: reference
Explanation: ape x
Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,000. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and is demanding payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refused to pay Taso and Taso sues Cara, what is the most damages Taso will be entitled to recover
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4. Savings are particularly important to young people because:
A. Compounding increases the return
B. They need to buy so many things
C. They are usually poor money managers
D. They usually earn minimum wage
Answer:
I think it's D
Explanation:
because savings are in the beginning of their financial lives,”
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