Analysis of the current geographical and competitive situation of MICROVIEW a small manufacturer of TV sets installed in cars and boats, has seen a decline in business recently from emerging markets.
MICROVIEW does all its manufacturing in Canada and the United Kingdom, it lacks cost advantages, and its prices are relatively high. A foreign manufacturing process for MICROVIEW would be beneficial because it will help to lower the cost and increase the profit for the business. The move will not only increase the profit but also help MICROVIEW to compete with other companies. Therefore, the business should consider moving much of its production to Mexico. Analyzing why MICROVIEW should be interested in foreign manufacturingA foreign manufacturing process for MICROVIEW will be beneficial as it will help to lower the cost and increase the profit for the business. The move will not only increase the profit but also help MICROVIEW to compete with other companies. The benefits of foreign manufacturing include reduced cost of production, the opportunity to enter new markets, the opportunity to use local resources and labor and also helps to reduce transportation costs which leads to more affordable products. Therefore, it is a good choice for MICROVIEW to consider foreign manufacturing.The type of FDI MICROVIEW should use in MexicoMICROVIEW should use the horizontal FDI type in Mexico. This type of foreign direct investment allows MICROVIEW to produce the same products or offer the same services in the foreign country as they do at home. Therefore, the company will still be able to maintain the same production process, quality, and branding.Advantages and disadvantages the venture should expect from manufacturing in Mexico.
Advantages of Manufacturing in Mexico:
The labor cost in Mexico is very low which means that MICROVIEW will be able to save a lot of money on labor cost.
MICROVIEW can also benefit from low energy costs and other raw materials required for the production process.
Manufacturing in Mexico also provides an opportunity for the company to access new markets in the region.
MICROVIEW can take advantage of the tax incentives provided by the Mexican government for foreign investors.
Disadvantages of Manufacturing in Mexico:MICROVIEW will have to deal with different laws and regulations which can be complex.There might be a language barrier that could create communication issues between employees of MICROVIEW and the local workforce in Mexico.The company may also face challenges related to logistics and transportation to export its products.
In conclusion, by moving much of its production to Mexico, MICROVIEW can take advantage of the low cost of labor, energy, and other raw materials in Mexico. The company can also benefit from the tax incentives provided by the Mexican government. MICROVIEW should use the horizontal FDI type in Mexico. However, there are some disadvantages that the company may face such as language barriers, complex laws and regulations, and transportation challenges. Nevertheless, the advantages of manufacturing in Mexico for MICROVIEW outweigh the disadvantages.
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Which two of the following statements relating to budgets are correct? a. A budget covers periods longer than one year and is used for strategic planning b. The budget committee coordinates the preparation and administration of budgets c. The budget committee is responsible for the preparation of functional budgets d. A budget manual will contain instructions governing the preparation of budgets e. A budget is usually prepared by the shareholders of the company The difference amount of net profit under variable costing and absorption costing can be influenced by A. Selling price B. Fixed selling and administration expenses C. issued inventory valuation method D. Inventory level Which statement(s) is/are NOT correct about making segments report? A. Costs that can be traced directly to specific segments of a company should always be classified as the traceable costs B. A traceable fixed cost is similar to a direct cost when the cost objects are the segments C. A common fixed cost is the cost can not be influenced by the segment's manager D. US.GAAP and IFRS force segments report must be presented under absorption costing format Which TWO of the following are characteristics of rolling budgets? A. Each item of expenditure has to be justified in its entirety in order to be included in the next year's budget B. A new accounting period, such as a month or a quarter, is added as each old one expires C. Updates to the fixed annual budget are made only when they are foreseeable D. The budget is more realistic and certain as there is a short period between the preparation of budgets
The correct statements are b. The budget committee coordinates the preparation and administration of budgets and d. A budget manual will contain instructions governing the preparation of budgets.
A budget is a financial plan that outlines a company's goals and how it plans to achieve them. Budgets are typically prepared for a one-year period, but they can also be prepared for longer periods of time. The budget committee is responsible for coordinating the preparation and administration of budgets. The budget committee is typically made up of representatives from different departments within the company. The budget manual is a document that contains instructions governing the preparation of budgets. The budget manual typically includes information on how to prepare budgets, how to track budgets, and how to analyze budget results.
The difference amount of net profit under variable costing and absorption costing can be influenced by
The difference in net profit between variable costing and absorption costing can be influenced by inventory level. Under variable costing, only variable costs are included in inventory costs. Under absorption costing, all costs, including fixed costs, are included in inventory costs. As a result, the inventory value will be higher under absorption costing than under variable costing. This difference in inventory value will flow through to the income statement, resulting in a higher net profit under absorption costing than under variable costing.
The statement that is NOT correct about making segments report is D. US.GAAP and IFRS force segments report must be presented under absorption costing format. US.GAAP and IFRS do not force segments report must be presented under absorption costing format. In fact, US.GAAP and IFRS allow segments report to be presented under variable costing or absorption costing.
The two characteristics of rolling budgets are b. A new accounting period, such as a month or a quarter, is added as each old one expires and c. Updates to the fixed annual budget are made only when they are foreseeable.
A rolling budget is a type of budget that is constantly updated as new information becomes available. This means that the budget is always reflecting the most up-to-date information, which can help managers to make better decisions. Rolling budgets are typically prepared on a monthly or quarterly basis.
Here is a table that summarizes the characteristics of rolling budgets:
Characteristic Description
Frequency Updated on a monthly or quarterly basis
Updates Updates are made only when they are foreseeable
Benefits More accurate and realistic than traditional budgets
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what describes the process of getting detailed information about jobs?
Answer:
Job analysis is the process of gathering and analyzing information about the content and the human requirements of jobs, as well as, the context in which jobs are performed.
Hi-Tech Inc sells drawing pad for P^(2),150.00 each. The company's fixed costs for other equipment used totals P^(75),500.00 and the variable cost of producing and selling each drawing pad is P^(1),495.00 per unit. Which of the following represents her total cost function?
It is Total Cost = P^(1),495.00x + P^(75),500.00
To determine the total cost function, we need to consider both the fixed costs and the variable costs. The fixed costs are constant regardless of the number of units produced, while the variable costs depend on the number of drawing pads produced and sold.
Let's denote the number of drawing pads as "x". The fixed costs are P^(75),500.00, and the variable cost per unit is P^(1),495.00.
The total cost function can be represented as:
Total Cost = Fixed Costs + (Variable Cost per unit * Number of Units)
Plugging in the values:
Total Cost = P^(75),500.00 + (P^(1),495.00 * x)
Therefore, the Total Cost Function For Hi-Tech Inc is:
Total Cost = P^(1),495.00x + P^(75),500.00
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Corey, the chief financial officer of Maurectric Inc., an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles, which of the following roles does Corey illustrate in this scenario?
a. The leader role
b. The liaison role
c. The disseminator role
d. The figurehead role
Answer:
The liaison role
Explanation:
From the question we are informed about Corey, the chief financial officer of Maurectric Inc., who is an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles,in this case, the roles does Corey illustrate in this scenario is
liaison role.
A liaison role can be regarded as role that is been played by person for liaison in between two firms or two particular organizations so that he/she can communicate as well as coordinating their activities through his/her service as as an official go-between carrying out this role to senior officials of both organizations.. liaison officer should always attends the organization key meetings.
identify ten entrepreneur and classify them under the types of entrepreneur
Answer: There are only five types of entrepenuer...
1. Skeptical entreprenuer: Sees the success of others and questions it.
2. Copycat entreprenuer: Sees the success of others and copys them exactly.
3. Research entrepreneur: They research every possible scenario and outcome for strategies to start or grow a business...
4. The determined entrepreneur: - hasn't made it yet- but will.
5. The accolmplished entrepreneur: Has gone through all types of entrepreneur and has built success from it.
Explanation: Hope this helps!
when blueberry designs launched their online delivery portal, they emphasized their expansion from designer wear into sportswear and activewear. they included in their message the number of consumers who have switched to blueberry designs brand because it stands for quality. blueberry designs is demonstrating group of answer choices price appeal advertising appeal product/service popularity appeal emotional appeal
When blueberry Design launched its online delivery portal, it emphasized its expansion from designer wear into sportswear and activewear. they included in their message the number of consumers who have switched to the blueberry designs brand because it stands for quality. blueberry designs is demonstrating product/service popularity appeal. Option C
What is product/service popularity appeal?Generally, An appeal to popularity makes the assumption that there is no way that a significant number of customers could all be mistaken about the quality or worth of the product or service being advertised.
On the other hand, it is not impossible for a big number of individuals to be mistaken, particularly if only a small percentage of customers investigate their available choices before making a purchase.
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____ an business that is able to raise capital by selling shares on the stock market
Answer:
public limited company
Explanation:
shares of public limited companies can be freely brought and sold on the sock market .
To understand how democracy developed in ancient Greece, you must examine the polis, which was the Greek word for a
The Greeks shared a language and culture, but each polis had a different government. In 509 BCE, Athens created a new set of rules that gave power to the people. The Greeks called this government a
Members of the Council of 500 were chosen
Answer:
To understand how democracy developed in ancient Greece, you must examine the polis, which was the Greek word for a city-state. The Greeks shared a language and culture, but each polis had a different government. In 509 BCE, Athens created a new set of rules that gave power to the people. The Greeks called this government democracy. Members of the Council of 500 were chosen randomly.
Answer:
city-state ,democracy ,randomly
Explanation:
just took the test on edge
Diego feels he has achieved some measure of respect as a cosmetic surgeon. Now, Diego focuses on being the best he can be. Which need is Diego trying to meet
Diego is trying to focus and meet his self-actualization needs.
What is Maslow's Hierarchy of Needs?
Abraham Maslow's theory of Hierarchical needs explains that people are driven to meet fundamental wants before moving on to more complex requirements.
His theory emphasizes five hierarchical needs, these are:
Physiological needsSecurity and safety needsSocial NeedsEsteem NeedsSelf Actualization needsTherefore, based on the fact that Diego is concerned about his own personal growth and focusing on his career, we can conclude that Diego is trying to focus and meet his self-actualization needs.
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what are the function of Ware house?
Answer:
see below
Explanation:
Warehouses provide safe storage of goods in large quantities before they can be moved to other locations. Goods are stores in an orderly and systematic manner. Warehouses protect goods against adverse weather and reduce losses due to spoilage.
The major functions of a warehouse are
Storage of goodsSafe storage of goods is the primary function of a warehouse. Manufacturers use warehouse facilities to store finished goods before they can be distributed for consumption. Warehouses are also used by traders to keep goods as they wait for customers to buy.
Protecting goodsGoods in the warehouse are protected from harsh weather conditions such as heat, dust, moisture, and strong winds. Losses and damages to goods are minimal in a warehouse.
Grading and brandingSome warehouses perform value-added services such as branding and grading of products. They are done as per the manufacturers' specifications
ProcessingWarehouse perform processes like breaking bulk where goods are brought in large quantities and are repackaged and sold in smaller quantities.
Which of the following is a disadvantage to Linux?
Olearning curve
O customizability
O cost
Ofreedom
Answer:
Learning curve
Explanation:
A job application is a form used to make a job request. (3 points)
True
False
Answer:
I would say it is True.
Explanation:
A job application form states your personal information
What is the role of government in a mixed market-based economy?
A. The government has no significant role in a mixed market-based economy.
B. The government needs to intervene to help determine how the basic economic questions are answered.
C. The role of government is to ensure each citizen receives a fair share of resources.
D. The role of government is to provide public goods and services and protect property rights.
Answer:
lt would c
Explanation:
in a quiz for Marks and given for correct answer and negative marks are given for incorrect answer if Jacks score 20 five successive rounds 25,-5,-10,15 and 10, what was total at the end
Answer:
35
Explanation:
I believe he has 35 marks at the end but I could be wrong.
A free market economy supports which market structure by establishing antitrust
laws and encouraging anyone to become a business owner?
O monopolistic competition
oligopoly
sole proprietorship
O monopoly
Answer:
monopolistic competition
Explanation:
A monopolistic competition is a type of market structure where many suppliers exist, as well as many buyers. What distinguishes it from perfect competition is that the goods and services are heterogeneous, therefore, suppliers are not price takers. Barriers to entry are also low.
developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions. true/false
The statement , "developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions" is False , because it involve configuring value-added solutions.
The Product Strategy is defined as a plan that outlines how a company will market, sell, and support a product or service.
This involves understanding customer needs and preferences, analyzing competitors, identifying market opportunities, and developing a unique value proposition that sets product apart from others in market .
A key aspect of developing a product strategy is identifying the value-added solutions that the product offers to customers.
This may involve configuring the product to meet specific customer needs or developing additional features and services that enhance the value of the product.
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All of these are examples of a price except which? Multiple Choice a) tuition b) wages c) a commission d) a discount
d) A discount, which is a reduction in the initial cost of a good or service, is not an example of a price.
Is a deal a decrease in the selling price of the goods?The marked price is decreased to acquire the final selling price, which is known as a discount. Shop owners occasionally give a certain percentage of the marked price off to boost sales or get rid of excess inventory. A concession is what we call this refund.
Is a deal a price cut that is applied to the cost?Discount refers to a price decrease that is offered. Listed price minus sale price is the discount (S.P.) Overhead costs are additional costs incurred after purchasing an item and are included in the cost price.
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The website leftyslefthand. Com markets products to left-handed consumers only. Which targeting strategy does this represent?.
The website leftyslefthand. Com markets products to left-handed consumers only Concentrated marketing targeting strategy does this represent.
An individual or group that does not directly engage in entrepreneurial or business operations but who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs is referred to as a consumers. A consumers purchases goods or services primarily for personal use in an economy rather than for resale or other business objectives. Customers make a financial (or comparable) payment for goods or services. Marketing is the process of identifying, producing, and providing value to satisfy a target market's wants for goods and services. Marketing is normally carried out by the seller, who is usually a retailer or manufacturer. A specialized marketing company or advertising agency may be hired on occasion to complete responsibilities.
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.
Devon would like to invest in bonds but he is only familiar with investing in stocks. What is the biggest difference between the two?
Bonds are generally high risk.
Bonds are generally short-term investments.
Bonds have fixed maturity dates.
Bonds provide constant access to your investment money.
Answer:
Bonds have fixed maturity dates
Explanation:
and at most 30,000 discs can be produced ion a month, what production level will give the lowest average cost per disc
We can see that the lowest average cost per disc is achieved at a production level of 20,000 discs.
To determine the production level that will give the lowest average cost per disc, we need to consider the concept of economies of scale. This means that as production levels increase, the cost per unit decreases due to the spreading of fixed costs over a larger number of units.
However, beyond a certain point, the cost per unit starts to increase again due to diminishing returns.
Given that the fixed costs for producing the discs are $10,000 per month, we can calculate the variable cost per disc by dividing the total variable costs (i.e. costs that vary with production levels) by the number of discs produced. Let's assume that the variable costs per disc are as follows:
- 1 to 10,000 discs: $1.50 per disc
- 10,001 to 20,000 discs: $1.20 per disc
- 20,001 to 30,000 discs: $1.80 per disc
Based on these variable costs, we can calculate the total cost per disc for different production levels as follows:
- 1,000 discs: ($10,000 + $1,500) / 1,000 = $11.50 per disc
- 5,000 discs: ($10,000 + $7,500) / 5,000 = $3.50 per disc
- 10,000 discs: ($10,000 + $12,000) / 10,000 = $2.20 per disc
- 15,000 discs: ($10,000 + $16,500) / 15,000 = $1.77 per disc
- 20,000 discs: ($10,000 + $24,000) / 20,000 = $1.70 per disc
- 25,000 discs: ($10,000 + $34,500) / 25,000 = $1.58 per disc
- 30,000 discs: ($10,000 + $54,000) / 30,000 = $1.80 per disc
From the above calculations, we can see that the lowest average cost per disc is achieved at a production level of 20,000 discs. Beyond this level, the variable costs start to increase and outweigh the benefits of economies of scale.
Therefore, producing 20,000 discs per month would be the most efficient and cost-effective production level for this scenario.
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How is the housing industry related to the economy? If the economy is doing well, what types of homes are being constructed and purchased? What if the economy is doing badly? Other than housing, what additional industries might the economy impact?
The housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
What is housing industry?An housing industry is an industry that encompasses building of housing. construction, engaging in commercial housing activities etc.
Generally, when an economy is doing well, it will be favorable to build house of high value as its gives higher confidence in the industry and economy,
Also, the additional industries that impact an economy includes Healthcare, Technology, Retail, Manufacturing industry etc
In conclusion, the housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
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restricted stock generally allows the executives ownership of the stock after how many years?
Restricted stock typically allows executives ownership of the stock after a vesting period, which can vary depending on the terms of the agreement.
The vesting period is the length of time an employee must work for the company before gaining full ownership of the restricted stock. Vesting schedules can vary, but common vesting periods range from 1 to 5 years.
Once the vesting period has elapsed, the restrictions on the stock are lifted, and the executive can exercise ownership rights, including the ability to sell the stock or hold onto it as an investment.
It is worth noting that restricted stock is different from stock options, which give executives the right to purchase company stock at a predetermined price within a specified period.
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Explain the limitations of statistics
What economic event began in 2007?
the Great Recession
O the Reconstruction
the Progressive Era
the Great Depression
Answer:
The Great Recession
Explanation:
The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)
Which of the following internal controls has Jim implemented at his company if he hires an outside auditing firm to review the company's financial records? O Monitoring processes O Information and communication systems O Control environment O Risk assessment
Jim, the owner of the company, hired an outside auditing firm to review the company's financial records to assess whether the company's financial statements are fairly presented, whether there are any financial discrepancies, and whether there is any possibility of financial fraud.
The following internal controls have Jim implemented at his company:O Monitoring processes Information and communication systems Control environment Risk assessment monitoring processes are used to monitor the activities of employees, transactions, and other aspects of the company.
When there is an irregularity, this type of control helps to determine what caused it and how to prevent it from happening again. Monitoring processes also assist in the identification of fraud and errors.
In a company, information and communication systems enable people to communicate and transfer knowledge among departments. For this reason, information is critical in a company. Communication and information exchange must be consistent and transparent to have a successful audit.
The control environment is the overall atmosphere or culture in which people work and perform their responsibilities. Internal control systems are determined by the control environment. Control activities are influenced by control environmental factors, such as the business owner's management philosophy and operating style.
Risk assessment is a process of identifying, evaluating, and prioritizing potential threats to the organization's financial well-being. The company's risk management procedures should be constantly updated as conditions change in the organization. Risk assessment plays a crucial role in making sure that the company's goals are met efficiently and effectively.
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A stock has a beta of 1.28 and a reward-to-risk ratio of 5.89 percent. If the risk-free rate is 4.3 percent, what is the stock's expected return?Multiple ChoiceO 11.84%
O 10.36%
O 10.93%
O 11.38% O 124%
The stock's expected return can be calculated using the Capital Asset Pricing Model (CAPM) which considers the risk-free rate, the stock's beta, and the market risk premium- A. 10.93%.
How to find?The formula for CAPM is: Expected return = Risk-free rate + (Beta x Market risk premium).
In this case, the risk-free rate is given as 4.3 percent, the beta of the stock is 1.28, and the reward-to-risk ratio can be converted to the market risk premium by dividing it by the stock's beta, which gives 5.89% / 1.28 = 4.60%.
Plugging these values into the formula, we get: Expected return = 4.3% + (1.28 x 4.60%) = 10.93%.
Hence, the expected return for the stock is 10.93%.
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As regional manager of a dollar store chain, kamile compares weekly sales reports from each store with projected sales goals and then takes corrective action if needed. Which of the four key management functions is kamile using?.
Answer:controlling
Explanation:
which is a reason priscilla will share with the new analysts for recommending that a client purchase a software package? a. the client wants to develop internal resources and capabilities. b. the client is looking for the lowest possible costs. c. the client has unique business requirements that must be satisfied by this software application. d. the client has some existing technology in place whose requirements must be met by the new software.
The reason Priscilla will share with the new analysts for recommending that a client purchase a software package is:
Option C. The client has unique business requirements that must be satisfied by this software application.
This suggests that the software package has features and functionalities that are specific to the client's business needs, and no other software package can meet those requirements. Therefore, Priscilla recommends that the client purchase this software to meet its unique needs. This reason emphasizes the importance of choosing software that meets the specific needs of the client rather than just going for the lowest cost or integrating with existing technology.
Option C.
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write out two uses of oxygen
Answer: Common uses of oxygen include production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy, and life support systems in aircraft,submarines, spaceflight and diving.
Explanation:
Angela is nearly nine months pregnant. She has worked for her current employer on a full time basis for the last 8 months, and her company has 60 employees. She would like to take the next nine weeks off from work. Evaluating only under the Family Medical Leave Act, what problems do you see with her expectations
Answer:
Angela has not worked for her employer long enough to demand leave.
Explanation:
Since angela is approx nine month pregnant and she worked on a full time basis for the last eight month also she wants to take the off for the nine weeks so as per the family medical leave act, the problem that could be seen is that she is not worked for her also the employer is sufficient for demanding the leave
Therefore the above statement should be correct