The strategies companies are pursuing today in the context of globalization involve international trade, foreign direct investment, global sourcing, strategic alliances, and digital globalization. These strategies enable companies to expand their presence globally, access new markets, tap into diverse resources, and achieve growth and competitiveness in the increasingly interconnected global economy.
The strategies companies are pursuing today increasingly involve one or more elements of globalization. Globalization refers to the process of integrating economies, cultures, and societies on a global scale. It involves various strategies that enable companies to expand their operations beyond national borders and tap into international markets.
One strategy that companies are pursuing in the context of globalization is international trade. This involves the import and export of goods and services across different countries. By engaging in international trade, companies can access larger consumer markets, reduce production costs, and take advantage of economies of scale.
Another strategy companies are adopting is foreign direct investment (FDI). This involves establishing subsidiaries, branches, or factories in foreign countries. Through FDI, companies can gain direct access to local markets, utilize local resources and labor, and establish a presence in key global locations.
Companies are also embracing global sourcing as a strategy. This involves procuring goods, services, or components from suppliers located in different countries. By sourcing globally, companies can benefit from cost savings, access specialized expertise, and diversify their supply chains.
Additionally, companies are increasingly engaging in strategic alliances and partnerships across borders. These alliances can take the form of joint ventures, licensing agreements, or strategic collaborations. By partnering with companies from different countries, organizations can combine their strengths, share resources, and expand their market reach.
Furthermore, companies are utilizing digital technologies and e-commerce platforms to facilitate global business operations. This includes online marketing, sales, and distribution channels that allow companies to reach customers worldwide. Digital globalization enables companies to transcend geographical boundaries and connect with consumers across different regions.
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How do you think the benefits will help the firm before they
engage in I.M?
An information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.
What is an information memorandum?Let understand that the I.M. refers to an information memorandum.
An information memorandum refers to sales memorandum which is document produced prior to selling the business or opening of pitch to any prospective buyers.
In conclusion, an information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.
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Mention 4 financing option that you may consider to start your own business
Answer:
Term loan: A lump sum repaid over a fixed time.Line of credit/credit card: Funds that are available to use when needed.Peer-to-peer lending: A crowdfunded loan.Friends and family: When those close to you lend you money.lnvoice financing: An advance on the invoices you've issuedHere are some common financing options to consider when starting a business:
Personal savingsLoans from friends and familyCrowdfundingAngel investorsWhat are the financing option that you may consider to start your own business?Personal savings: One of the most common ways to finance a startup is to use personal savings. This involves using money that you have saved up over time, either in a savings account or other investments, to fund your business.
Business loans: Business loans can come from a variety of sources, including banks, credit unions, and online lenders. These loans can be secured or unsecured and may require collateral or a personal guarantee.
Crowdfunding: Crowdfunding involves raising money from a large number of people, typically through an online platform. This can be a good option for startups that have a compelling story or idea, as it allows them to reach a broad audience.
Angel investors: Angel investors are individuals who invest their own money in startups in exchange for equity in the company. They can provide funding, as well as guidance and mentorship, to help the startup grow and succeed.
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What are the two basic types of labor available?
The two basic types of labor force available are____ and ____.
drop-down menu.
1) skilled, overpaid, or local
2) unskilled, underpaid, or uncontrolled
The two basic types of labor force available are 1. skilled, overpaid and unskilled.
What are types of labor ?Skilled labor is defined as a type of labor that necessitates specialized expertise, training, or experience. The demand for this particular form of work is generally quite substantial, thus leading to the possibility of attaining a higher salary.
Unskilled labor pertains to labor which does not demand specialized expertise, instruction, or prior experience. This particular category of work typically experiences diminished demand and subsequently receives lower compensation.
The sought-after form of labor is contingent upon the prevailing economic circumstances.
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Should spreadsheets be used to maintain a checkbook?.
The above statement is correct because it maintains all the data collected and permits seeing the movement and growth of the data by automatically creating different types of charts to visualize the data.
What are spreadsheets?A spreadsheet is defined as an electronic record in which data is placed in the rows and columns of a facility and can be exploited and abused in arithmetic or calculations.
The above statement is correct that the spreadsheets be used to maintain a checkbook because it keeps the data organized and allows seeing the trends of the data by creating automatically the different types of the data.
Therefore, the above statement is true.
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Suppose a market basket consists of the following goods: 50 pens, 25 notepads, and 25 paperclips. Also assume that the unit prices of these goods are as follows for the years noted and that 2018 is the base year. What is the value of the price index in 2019
The value of the price index in 2019 is 111.
What is cost record and how is it calculated?
The Customer Cost Record (CPI) measures the month to month alter in costs paid by U.S. customers. The Bureau of Labor Insights (BLS) calculates the CPI as a weighted normal of costs for a wicker container of products and administrations agent of total U.S. customer investing.
CPI = Expenditure ins Current Years / Expenditure in Base year
= 50X 0.30 + 25 x 0.25 + 25x0.15 x100 / 50 x 0.25 + 25 x 0.30 + 25 x0.10
=25X 100/22. 5
=111.11%
Hence, rate of inflation = (111.11-100)%
=11.11%
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An example of organizational antecedents is a. Scarcity of resources b. Role ambiguity c. Promotions d. Democratic decision making e. All of the above
Answer:
decision making
democratic
4. Which of the following statements is true about debits?
a) Debits show an increase in what a company owns or a decrease in what it owes.
b) A debit to an asset account shows a decrease.
c) A debit to a liability account shows an increase.
d) Debits show a decrease in what a company owns or an increase in what it owes.
Answer:
I believe the answer is d
inner and outer core of the earth are in different state true or false
Answer:
true
Explanation:
Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
In the early 1900s, John D. Rockefeller bought out other companies or drove
them out of business. What was Rockefeller's motive?
O A. To avoid paying taxes
O B. To bypass consumers
C. To control the government
D. To decrease competition
which of the following refers to a group of closely related product items? a. product mix b. product line depth c. product line d. product mix width
The group of closely related product items represents option c. product line.
These products are usually similar in terms of their features, functions, customer segments, and distribution channels.
Product line depth refers to the number of products within a product line.
Product mix refers to the entire range of products offered by a company.
Product mix width refers to the number of different product lines that a company offers.
Product line decisions involve choices related to product development, pricing, branding, and marketing strategies, among others.
Product line strategies are important for companies to manage their product portfolio and cater to different customer needs and preferences.
Some examples of product lines could be,
Different models of smartphones offered by a mobile phone company, or various flavors of toothpaste offered by a toothpaste brand.
Therefore, the group closely related to product items is option c. product line.
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with its ethnic diversity, new york city is recognized as one of the nation's largest metropolises through commerce, finance, industry, and immigration. as a result, the city's economy was fueled in ways that led to its explosive growth in the late 19th and early 20th centuries.
As the biggest metropolis in the country, New York City.
What is ethnic diversity?
Continues to outperform the majority of the former rival cities. The city's population increased by 9% in the 1990s and at last surpassed eight million people. Of the sixteen biggest metropolitan in the northeast or midwestern United States, New York is the only one whose population has increased during the past fifty years. Its economy is still strong.
The largest industry in Manhattan has a payroll per employee of over $80,000 annually, and the second-largest industry has a payroll per employee of about $200,000. Even New York experiences times of apparent rebirth and crisis, and the 1970s were undoubtedly a time of true catastrophe for the city. Early in the nineteenth century, New York's prosperity was fueled by the expansion of the city's manufacturing sector, which in turn was dependent on New York's dominance as a port. The late nineteenth-century expansion of New York was at least as much a result of its function as a port of entry for immigrants to the country.
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Sales tax is calculated by multiplying the price of an item by the
withholding amount
income tax
tax rate
Answer:
tax rate
Explanation:
got it right on test
how can we build up strong analytical skill discuss
Answer:
hope help you
Explanation:
Here are several ways you can improve your analytical skills:
Read more. An important part of being analytical involves being alert and remaining stimulated. ...
Build your mathematical skills. ...
Play brain games. ...
Learn something new. ...
Be more observant. ...
Join a debate club. ...
Take an exercise class. ...
Keep a journal.
consider fiscal year 2020 (ending 1/29/2021) and fiscal year 2019 (ending 1/31/2020). on a common size balance sheet at what percentage would accounts payable be presented?
On a common size balance sheet, accounts payable would be presented at a percentage of total liabilities for fiscal year 2020 (ending 1/29/2021) and fiscal year 2019 (ending 1/31/2020).
To calculate the percentage of accounts payable on a common size balance sheet, you would need to take the amount of accounts payable and divide it by the total amount of liabilities. Then, you would multiply that number by 100 to get the percentage.
For example, if the amount of accounts payable for fiscal year 2020 was $10,000 and the total amount of liabilities was $100,000, the percentage of accounts payable on a common size balance sheet would be 10% ($10,000/$100,000 x 100).
Similarly, if the amount of accounts payable for fiscal year 2019 was $8,000 and the total amount of liabilities was $80,000, the percentage of accounts payable on a common size balance sheet would be 10% ($8,000/$80,000 x 100).
Therefore, the percentage of accounts payable on a common size balance sheet would be presented as 10% for both fiscal year 2020 and fiscal year 2019.
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Hank earns per hour with timeandahalf for hours in excess of per week. He worked hours at his job during the first week of March 2018. Hank pays income taxes at % and % for OASDI and Medicare. All of his income is taxable under FICA. Determine Hank's net pay for the week.
Answer:
$1,021.02
Explanation:
Calculation for Hank's net pay for the week
Straight Time Pay $960
(40 × $24)
Overtime pay 360
(10 × $24× 1.5)
Less Federal Income tax (198)
[(960+360)×15%]
=1,122
OASDI and Medicare 100.98
(7.65% × $1,320)
Net Pay $1,021.02
(1.122-100.98)
Therefore Hank's net pay for the week will be $1,021.02
A credit card issues through a credit union would be an example of a _________ card.
Answer: bank
Explanation:
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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Who manages woolworths, is the manager actively involved in the decisions of the business , will the manager be able to make informed decisions?
Who manages Woolworths company is the CEO Roy Bagattini. The manager is actively involved in the business decisions, since, according to research, the CEOs of the subsidiaries must report to him, with this information it is possible to say that the manager will be able to make informed decisions.
What constitutes a good manager?It is essential that the leader is an individual with developed communication skills and vision of organizational systems, seeking integration between processes and departments, creating a culture favorable to the development, cooperation and motivation of employees.
Therefore, if a company has subsidiaries such as Woolworths, the manager must seek to understand the needs of the business and make aligned decisions that promote innovation and the organization's positioning in the market.
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Vendors provide restaurants with what?
OA
cooked items
OB.
raw materials
Oc.
furniture
OD.
menu recipes
Answer:
raw materials
Explanation:
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
The portion of net income on a budget referred to as discretionary income is most appropriately used for:.
Discretionary income is speaks to your net income that is not eaten up by your imediate personal needs.
Discretionary incomeGenerally, Net income is simply the difference of gross profit and all other expenses and all other costs
Your discretionary income comes out of your disposable income, This speaks to your net income that is not eaten up by your personal needs, its the money for left over to save, invest, or spend.
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At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
Holding inventory has an associated cost. we can sometimes reduce those costs by: producing smaller batches of products more frequently using expedited or faster modes eliminating slower moving products, and or creating product by demand pull versus supply push. choose any two of these options and discuss the impacts of adopting them. please offer at leasst three impacts of reducing inventory costs
Adopting two of the following options can help to reduce inventory costs: producing smaller batches of products more frequently, using expedited or faster modes, eliminating slower moving products, and/or creating product by demand pull versus supply push.
Impacts of reducing inventory costs by producing smaller batches of products more frequently may include:
Reduced risk of spoilage and wastage due to overproduction.More efficient use of resources as resources can be allocated to other activities.Better customer satisfaction due to more frequent delivery of products.Impacts of reducing inventory costs by using expedited or faster modes may include:
Decreased lead times.Reduced transportation costs due to shorter delivery time.Faster response time to changing customer demands.Learn more about inventory costs
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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Answer: Making initial development private saves the government from funding all of the research.
Explanation:
A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.
Government award grants for the development of technologies, community projects, home insulation etc.
With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
You are a member of the plant information systems group for a small manufacturer of all-natural ingredient cosmetics, greenglo. your firm promotes itself as adhering to the highest standards of compliance and quality. the entire manufacturing process is rigorously monitored via sensors and computer controls. automated temperature controls ensure that the manufacturing environment is always at the correct temperature. sensor tracking is performed from the moment that raw materials enter your facility, throughout the manufacturing process, as well as during packaging and distribution.
For the internet enabled sensors connected to the Internet of Things in order to maximize the efficiency of the work, he system best fit for an IoT upgrade investment is manufacturing sensors.
Internet of Things (IoT) is a collective network comprising of interlinked devices and technology that enables communication between the devices themselves and the devices and cloud. It describes physical objects with sensors, processing ability, software, and other technologies that link and exchange data with other devices and systems over the Internet or other communications network.
The manufacturing sensors would be better fitted for IoT upgrade as it will help improve product quality, reduce product cost, and gain new market for the two plants as the manufacturing would be divided between two plants. Intelligent sensors will improve the capturing and communicating of data as paired with IoT. It will help the manufacturing and production of quality goods more quickly. As there are two plants, IoT upgrade for manufacturing sensors would be more appropriate.
Note: The question is incomplete. The question is to choose a system on which to focus to start the IoT upgrade is manufacturing or transportation.
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Choose the term that best fits the situation being described. What conflict management norms encourage competition? A. Active conflict management norms B. Disagreeable conflict management norms C. Agreeable conflict management norms
Active conflict management norms conflict management norms encourage competition. The answer is OPTION A
In the competitive style, one dominant individual tries to advance their interests at the expense of all other parties. In a power-driven state, the opposing party pushes their viewpoint and typically makes a choice quickly and without much deliberation.
Conflicts involving competing styles tend to be more forceful and less cooperative. When you utilize the competitive conflict style at work, you are adamant about getting your point of view heard, really believe it to be true, and are unwilling to compromise. Competition is a conflict where no physical violence is used for the control of resources or advantages wanted by others. As a result, controlled competition is a form of amicable conflict. The answer is OPTION A
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