s an arrangement in which the focal firm or a consortium of firms plans, finances, organizes, manages, and implements all phases of a project abroad and then hands it over to a foreign customer after training local workers.

Answers

Answer 1

The correct answer is turnkey contracting. A turnkey contract is one in which the contractor is in charge of the facility's design and construction.

What is turnkey contracting?

An agreement that requires a builder to finish a project by the time it is delivered to the other contracting party in order for it to be usable.

For instance, a contractor might consent to construct a fully functional plant as part of the turkey deal. When the contractor gives the client the finished installation, his responsibility is gone.

A turnkey contract is construction agreement in which a contractor is hired to plan, design, build, complete other required work to make a project, infrastructure functional at a predetermined cost; by a specified date.

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Related Questions

he standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows: standard costs fixed overhead (based on 10,000 hours) 3 hours per unit at $0.72 per hour variable overhead 3 hours per unit at $1.99 per hour actual costs total variable cost, $17,900 total fixed cost, $7,900 the total factory overhead cost variance is

Answers

The variable factory overhead variance is $1184 which is unfavourable because it is higher than the budgeted overhead

The distinction between applied overhead and real overhead is referred to as overhead variance. Only until you are aware of the period's real overhead expenses can you calculate the overhead variance. A fixed-rate and a cost driver are used to apply overhead. In essence, this is a method of forecasting overhead expenses before they arise. It is feasible to compare the actual overhead expenses with the planned projections at the conclusion of the fiscal period.

The Variable factory overhead controllable variance is calculated by the following formula:-

= (Actual Variable overheads) -  (Budgeted overheads based on standard hours)

=$17900 - (2,800 *3 * $1.99)

= $17900 - $16716

= $1184

Since the actual variable overheads are higher than the budgeted overheads, there is an unfavourable variance.

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rather than looking at the efficiency of overall market functioning, cluster theory focuses on the effectiveness of securing market share by regions or areas.

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According to the cluster theory, regional industrial concentration offers a number of economic benefits. The goal is to arrange the items in a set so that they are more similar to one another than to the objects in other groups.

For starters, when multiple businesses congregate in one place, economic activity increases. Because everyone is vying for the best rank, this leads to agglomeration spillovers, which raise total factor productivity across businesses in the same county.

By concentrating resources and regulatory policies on creating and keeping firms in a handful of distinct sectors that show potential to achieve city goals and strengthen the region's economy, the cluster strategy fosters business clusters.

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Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
1. The stock has a $2 par value. 2. The stock has neither par nor stated value. 3. The stock has a $5 stated value.
Create a journal worksheet

Answers

The journal entries of Rodriguez Corporation to record the event of three situations are stated below.

What is a journal entry?

The accounting record for a business uses a journal entry to document a commercial transaction. The general ledger is where journal entries are often made, however, they can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized.

Every journal entry includes information crucial to a single business transaction, such as the date, the sum to be credited and debited, a succinct explanation of the transaction, and the accounts impacted.

Given:

1) Stock has a $2 par value.

Cash Debit 152000

Common Stock (19000*2) Cr. $38000

Paid-in Capital in Excess of the Par Value (152000 - 38000) Cr.$ 114000

2) Stock has neither par nor the stated value.

Cash Dr.152000

Common Stock Cr. 152000

3) Stock has a $5 stated value.

Cash Debit 152000

Common Stock (19000*5) Cr.$95000

The Paid-in Capital in Excess of Stated Value (152000 - 95000) Cr.$57000

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when opening a margin account for a new customer, the registered representative would be most concerned if the individual

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When opening a margin account for a new customer, the registered representative would be most concerned if the individual does not have a savings account.

A "margin account" is a specific kind of brokerage account where the broker-dealer lends the investor money to buy securities while using the account as collateral. While margin gives investors more purchasing power, it also exposes them to the possibility of bigger losses.

The borrowed funds are subject to interest charges by the brokers. Additionally, in order to be able to trade on margin, a minimum fixed dollar amount must be kept in the account, which is known as a maintenance margin.

The account's entire equity, which includes cash and the value of any securities, is subtracted to determine the minimum margin need. Consequently, a person needs to have a savings account.

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One of the most important uses of sales promotion techniques is to encourage consumers to try a new product or service. True or False

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True. To persuade customers that try a new good or service is one of the most crucial applications of sales marketing strategies.

What are an example and a technique?

A technique is a method of carrying out a task or carrying out an action. You might use your teeth to pry the top off of drinks to open them. If that is so, your dentist had better have a reliable method for mending teeth. Skill can also be employed to denote a person's mastery of the fundamentals of a certain task. Technique can also be employed to denote a person's mastery of the fundamentals of a certain task.

What are the methods' techniques?

A technique is a way or aptitude for completing a certain task. A teacher may employ the strategy of using a brief physical activity to divert a class from its distraction and get everyone to complete.

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FILL IN THE BLANK. ill clinton helped create a large free market among canada, the united states, and mexico with ratification of the treaty.

Answers

Bill Clinton helped create a large free market between Canada, the United States and Mexico by ratifying the NAFTA treaty.

Why did NAFTA bring losses?

instead of improving the trade balance with Canada and Mexico, NAFTA led to a surge in imports, leading to a huge new trade deficit between the US and his NAFTA. The US Department of Labor has determined that over 980,000 specific US jobs have been lost to NAFTA's flood of outsourcing and imports under just one draconian program.

Who Benefits from NAFTA?

Free-trade advocates generally point to lower prices for consumer goods as one of the main benefits of lower tariffs for American citizens. The average American benefits from lower prices as a result of NAFTA.

What is the purpose of the NAFTA Agreement?

This agreement entered into force on January 1, 1994. The goal of NAFTA is to remove all tariff and non-tariff barriers to trade and investment between the United States, Canada and Mexico.

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which of the following event management skills would be characterized by the process by which a meeting planner and supplier reach an agreement on the terms and conditions that will govern their relationship?

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Negotiating Skills event management skills would be characterized by the process by which a meeting planner and supplier reach an agreement on the terms and conditions that will govern their relationship.

An settlement is a manifestation of mutual assent by way of or extra men and women to each other. it's far a meeting of the minds in a commonplace goal, and is made via provide and popularity. An agreement can be proven from words, behavior, and in some cases, even silence. agreement manner that sentence elements fit. subjects have to consider verbs, and pronouns should accept as true with antecedents. Singular subjects need singular verbs; plural subjects need plural verbs. In grammar, wide variety refers to the two sorts of a phrase: singular (one) or plural (multiple).

A contract is an agreement, however an agreement isn't always a settlement. An settlement can be casual or it is able to be written; a contract may be verbal or written, however a settlement will always be enforceable if it includes positive necessities.

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Calculate the income needed based on the following budgeted expenses.
Month _______
Budgeted Amount
Rent
$350
Utilities
$100
Food
$150
Entertainment
$75
Bus Pass
$25
College Savings
$300
a.The income would need to be at least $1000.
b.The income would need to be at least $950.
c.The income would need to be at least $1125.
d.The income would need to be at least $850.

Answers

According to the given scenario, the correct answer would be Option A. The income would need to be at least $1000.

Budgeted expenses is given that;

Rent-$350 / Utilities-$100 / Food-$150 / Entertainment-$75 / Bus Pass-$25 / College Savings-$300

To get the minimum income, we will add all Budgeted expenses.

So Minimum income would be: 350+100+150+75+25 = 1000

So, Minimum income would at least $1000.

What is income ?

Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is hard to define, and different fields may have distinct definitions.

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TRUE/FALSE. One of the major reasons that Enron failed was that it did not have an articulated code of ethics to guide the company.

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It's false. Enron's lack of a well defined code of ethics to govern the business was one of the main factors contributing to its failure.

Such issues are addressed at all levels of ethics. Its topic is the basic problems of practical decision-making, and its main concerns are the nature of ultimate value and the criteria by which human actions can be regarded as right or wrong.

Morality and ethics are terms that are closely related. Whereas in the past speaking of moral judgments or moral principles would have been more correct, it is today usual to refer to ethical judgements or ethical principles. These applications broaden the definition of ethics. The phrase originally referred to the area of study or line of inquiry that focused on morality as opposed to morality itself. This is how ethics is similar to moral philosophy.

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mr. and mrs. golding own 13,850 shares in ptj mutual fund. this year, they received a $6,390 cash distribution from ptj. which of the following statements is false? multiple choice some or all of the distribution may be a capital gain distribution. some or all of the distribution may be a qualified dividend. some or all of the distribution may be ordinary income. none of these statements are false.

Answers

The cash distribution received by Mr. and Mrs. Golding from PTJ mutual fund may be a capital gain distribution or qualified dividend distribution or may be ordinary income. Thus, none of the statements are false.

What is a mutual fund?

In order to invest in securities such as stocks, bonds, money market instruments, and other assets, mutual funds aggregate the funds from shareholders. Professional money managers run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors.

The cash distribution by a mutual fund can be a capital gain distribution that is a cash payment made by a mutual fund to fund owners. If a mutual fund holds a capital asset for more than one year and then sells it, the fund usually passes on the profit to us as a capital gains distribution.

The cash distribution can also be a regular dividend distribution or a ordinary income distribution by the mutual fund.

Therefore, none of the statements in the options are false.

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ANSWER RIGHT DA F NOW

a document from a magazine editor that provides the details on the topic, structure, length, and tone of the story, as well as the deadline and the fee you will be paid. What is that called?

A.
pitch
B.
portfolio
C.
assignment
D.
clip

Answers

A document from a magazine editor that provides the details on the topic, structure, length, and tone of the story, as well as the deadline and the fee you will be paid, is called a Pitch. Thus the correct option is A.

What is a magazine?

A magazine is a type of book that incorporates information from several categories, such as recipes, travel blogs, cutting-edge concepts from various cultures, and the significance as well as fashion advice for professionals and celebrities.

A pitch is a visual presentation that gives investors crucial details about your business plan, products or services, and important metrics like capitalization, marketing objectives, and financial targets.

Therefore, option A is appropriate.

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one of the most successful flagship projects, from the perspective of the public sector, has been investments in sports stadiums. t/f

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The public sector has viewed investments in sports stadiums as one of its most notable flagship projects. It is true.

stadium: an enclosure containing a big amount of spectator seating as well as a wide area for sporting events and other shows. The name is derived from the Greek term for length, the stade, which refers to the distance covered in the first Greek footraces (about 600 feet [180 metres]). Since the footrace course at the ancient Olympic Games at Olympia was exactly a stade in length, the word for the unit of measurement was first applied to the footrace and then to the venue. The stadium plays a crucial role in 20th-century construction technology as a sort of structure.

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37. A profit-maximizing monopolist ________.
a. takes the market price as given
b. can set any price she chooses
c. produces the level of output at which Price = Average total cost
d. produces until Marginal revenue = Marginal cost and reads the price off the demand curve at that quantity

Answers

A monopolist who seeks to maximize profits produces until marginal revenue = marginal cost, at this point they read the price of the demand curve. Thus D is the correct answer.

One characteristic of monopolists is the desire to maximize profits.

In a monopolistic market, a product is produced by just one company. As there is no substitute, there is absolute product distinction.

When there is no competition in a monopolistic market, a monopolist has the power to control both the price and the quantity demanded. The marginal cost and marginal revenue of a monopoly are equaled to calculate its profit maximization level.

By equating marginal cost and marginal revenue in a monopolistic market and solving for the cost of a single good and the necessary production volume, a firm can optimize its overall profit.

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a stamp collector had a collection consisting of over 12,000 stamps spanning 400 hundred years and 50 countries. after decades collecting, restoring, and maintaining the stamps, the collector fell into financial distress and decided that the monetary value of the collection was more useful than the collection itself. on appraisal by two different experts, the collection was valued at $100,000. to expedite a sale, the collector signed a contract to sell the entire collection to a historian for $80,000, which the historian was ready and able to pay. however, at the time of delivery, the collector refused to tender the collection after deciding that it was too special to sell at any price.

Answers

It is true that at time of delivery, stamp collector refused to tender collection after deciding that it was too special to sell at any price.

What is stamp collecting?

Postage stamps and related items are collected as part of stamp collecting. It relates to the study of stamps, or philately. Since the fast expansion of the postal service in the late 19th century, when a seemingly endless stream of new stamps were created by nations looking to advertise their uniqueness through their stamps, it has been one of the most well-liked pastimes worldwide. The study of stamps, or philately, as it is known more commonly, includes a variety of topics, including stamp collecting. However, collecting stamps is not a requirement of a philatelist. But building a sizable or thorough collection typically calls for philatelic expertise and will frequently include philatelic study areas.

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information technology has enhanced the effectiveness of relationship marketing by leveraging mass-marketing campaigns.

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The statement is false : information technology has enhanced the effectiveness of relationship marketing by leveraging mass-marketing campaigns.

Information technology, sales, and marketing are increasingly collaborating. Over the past ten years, technological advancements have had a significant impact on people's lives and businesses, placing many B2B marketers in a wonderful world of so much technology.

However, with so much marketing technology available and the majority of B2B marketers lacking Information technology skills, the collaboration between marketing, sales, and Information technology teams is even more crucial.

Information technology and marketing have a very recent link. In fact, before technology improved, Information technology teams were assisting businesses with robotics in warehouses just ten years ago.

The needs of marketers and their interaction with information technology changed along with technology.

Since the advent of marketing technology, or more specifically "the MarTech stack," the marketing division has served as the hub for integrating all organizational tools. The majority of marketing professionals are continually attempting to catch up because of how quickly everything transpired.

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What is the goal of contractionary monetary policy?

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The goal of contractionary monetary policy is to decrease the rate of demand for goods and services, not to stop it.

About monetary policy

The general definition of Monetary Policy is the steps taken by the monetary authority to influence the amount of money circulating in society and the purchasing power of money.

Monetary Policy Objectives

The ultimate objective of monetary policy is to safeguard and maintain the stability of the value of the rupiah, one of which is reflected in a low and stable inflation rate. To achieve this goal, authority uses monetary policy instruments such as open market operations, discount policies, minimum reserve ratios, maximum lending limits, and moral suason. Through these instruments there will be changes in the amount of money in circulation. This change in the amount of money will ultimately affect monetary stability with the goal of more conducive community economic growth. The success of monetary policy is usually measured by increasing employment opportunities, improving the balance of payments, and stability of the price level.

Monetary policy is divided into two types as follows:

Expansive Monetary Policy

Expansionary monetary policy is a policy in order to increase the money supply. This policy is carried out to overcome unemployment and increase people's purchasing power (public demand) when the economy is experiencing a recession or depression. Expansionary monetary policy is also known as loose monetary policy (easy money policy).

Contractive Monetary Policy

Contractionary monetary policy is a policy in order to reduce the amount of money in circulation. This policy was carried out when the economy experienced inflation. Contractionary monetary policy is also known as tight money policy.

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what can you do to effectively navigate a panel interview? check all that apply. maintain eye contact with the questioner as well as with others. prepare basic biographical information about each interviewer. target all your answers toward the person on the panel who would be your supervisor. talk to the human resources representative. make sure you meet with two or more interviewers on a one-on-one basis.

Answers

Effectively navigate the panel interview, maintain eye contact with the questioner as well as with others, prepare basic biographical information about each interviewer, and make sure you meet with two or more interviewers on a one-on-one basis. Thus, option A, B, and D is correct.

What is a  panel interviews?

A panel interview is a particular kind of discussion wherein the one candidate is interviewed by a number of interviewers, typically from several areas in the business, such as the prospective employer and a person of the personnel recruiting team.

Maintaining visual contact with both the interviewer but also with the remaining panelists, preparing a brief bio about every interviewer, and trying to ensure you speak with three or more investigators yet another are all things you can to safely navigate this same panel interview.

Therefore, option A, B, and D is the correct option.

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Respond to all parts of the question. In your response, use substantive examples where appropriate.Use the chart to answer the following questionsA. Identify the category with the largest amount of mandatory spending, according to the chart.B. Describe the difference in spending between the mandatory and discretionary categories, according to the chart.

Answers

Mandatory spending requires government expenses on programs mandated by law. Social Security and Medicare are the largest mandatory programs the U.S. government has to pay for.

Social programmes like Medicare, Medicaid, and Social Security account for the majority of federal spending. Defense is much behind in importance.

These programmes' benefits are included in the mandated spending of the federal government because the Social Security Act, which authorised them, requires that we do so. Congress determines funds for our administrative budget even though they do not determine the benefits we pay out each year.

Mandatory expenditure typically, but not always, is ongoing; it happens every year absent a change in the underlying law that supplies the cash. Conversely, Congress must take action each year to authorise the financing for discretionary spending through an appropriations bill.

There is no need for Congress to vote each year to approve this kind of spending. Spending discretionary money is the second important category. Spending can be classified as either required or discretionary depending on whether it is governed by current law or put to a vote during the annual appropriations process.

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A feasible region is the space where none of the constraints are violated and the best solution within the feasible region is the optimal solution. t/f

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It is true that a feasible region is a space where no constraints are violated and the optimal solution within the feasible region is the optimal solution.

What is feasible region and its importance?

A feasible region is defined by a set of coordinates satisfying a system of inequalities. This region occurs where the shaded areas of all inequalities in the graph overlap. The region satisfies all the constraints imposed by the linear programming scenario. The concept is base on  optimization technique.

Finding feasible area is important because the vertices (corners) of that range are the points you need to test to see if they lead to the maximum or minimum value you want in your question.

What distinguishes feasible regions and unfeasible regions?

Feasible area are defined as values ​​that satisfy a certain constraint (minimum and maximum values, or range of values ​​in the LP equation). On the other hand, if the constraint is not satisfied by the LP equation, it falls into the unfeasible range.

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TRUE/FALSE. in 1929 the u.s. stock market fell which in turn caused a widespread loss of confidence and a collapse in investment spending, followed by rising inflation.

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The stock market crash of the year 1929 was a collapse of stock prices that began on 24th October 1929. By 29th October 1929, the Dow Jones Industrial Average had dropped by 30.57%, marking one of the worst in the history of the U.S.

It destroyed confidence in Wall Street markets and led to the Depression.

The first day of the crash was Black Thursday. The Dow opened at 305.85. It immediately down by 11%, signaling a stock market correction. Trading was triple the normal volume. Wall Street bankers feverishly bought shares to prop it up. The strategy worked nicely.

On Friday, 25th October the positive momentum continued. The Dow rose by 0.6% to 301.22.

On Black Monday, 28th October the Dow fell by 13.47% to 260.64.

On Black Tuesday, 29th October the Dow fell by 11.7% to 230.07.1 According to a New York Times article published a day later on 30th October 1929, panicked investors sold an unprecedented number of shares, 16,410,030 to be exact.

Black Monday and Tuesday were among the four worst days in the US. history.

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One important thing to remember is that all of this information technology is created to aid in the process of acquiring knowledge. Knowledge still resides in people, but information systems have been created to capture the specialized knowledge and decision rules used by others, the process behind __________ .a. expert systemsb. executive servicesc. corporate portals

Answers

The conception bandied in the question is about Expert systems.

An expert system is a computer program that uses artificial intelligence technologies to put on the judgment and bearing of a natural or an association that has experience and experience in a particular field. Expert systems are generally intended to complete, not replace, natural experts.

One important thing to flashback is that all of this information technology is created to support the process of acquiring knowledge. Knowledge still resides in people, but information systems have been created to capture the technical knowledge and decision rules used by others.

Expert systems accumulate experience and data in a knowledge base and integrate them with a conclusion or rules machine- a set of rules for applying the knowledge base to situations handed to the program.

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as opposed to ongoing changes, are discontinuous innovations. as opposed to ongoing changes, are discontinuous innovations. additions to existing product lines new product lines repositioned products new to world products

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As opposed to ongoing changes, are discontinuous innovations. as opposed to ongoing changes, are new product lines.

A product line is a collection of related products that the same company markets under a single brand name. Businesses sell a variety of product lines under their distinctive brand names, frequently differentiating based on price, quality, location, or a specific target market.

Discontinuous innovations, Dynamically continuous innovations, and Continuous innovations are the three forms of innovation, according to the degree of change they bring about in consumers' existing behaviors. According to the aforementioned criteria, innovations are categorized based on how much they alter the behavior of current customers.

As a result, the kind of innovation depends on the kind of customer it is intended for. For one group of clients, the same innovation might be ongoing, while for another, it might be dynamically ongoing. Customers' pre-existing habits are drastically altered by the discontinuous innovation.

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a strong and well-defined organizational culture can be used as a management tool, as employees require supervision.

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Any company's level of leadership and organization within its culture can determine how successful it is. Positive corporate culture may influence a whole workplace with the appropriate leadership. By embracing new behaviors and values, you can become a more effective leader in your own business by having a better understanding of organizational culture and how leadership influences it.

Organizational culture and leadership are a set of values that characterize a business and how the leadership of the business embodies and upholds those values. It outlines the behaviors and actions the company anticipates its staff members will do to foster a healthy work environment and support the growth of the organization.

The mission and goals of a company are also influenced by organizational culture, therefore it's critical to define them clearly so that every person understands the goal they're working toward.

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if a firm is found guilty of achieving a monopoly through anticompetitive actions, then which of the following may occur?

Answers

The firm may be broken into two or more competing firms and it may be expressly prohibited from engaging in business activities, on being found guilty of achieving a monopoly through anticompetitive actions.

The term "single firm behavior" is used as a shorthand for a firm with strong and enduring market power, that is, the long-term ability to raise prices or remove competitors. Courts do not require a physical monopoly before applying rules for single-firm conduct. This context defines a "monopolist" as a company with sizable and long-lasting market power.

The antitrust laws forbid actions taken by one company that unduly stifle competition by establishing or preserving monopoly power. It is incompatible with harnessing competition to promote economic progress to outlaw the mere ownership of monopolistic power.

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when changes to the database that a transaction imposes are not revealed to the user until the transaction is completed then it is considered isolated. t/f

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When the user is not informed of any database changes until the transaction is finished, it is said that a transaction is isolated.

An aborted transaction must not change the database's state in order to maintain the atomicity characteristic. Therefore, any modifications to the database that the failed transaction made must be reversed. We refer to a transaction as having been rolled back once the modifications brought about by an aborted transaction have been undone. Commits are used by transaction processing to regulate database activities. Commands to the database are known as commits. You can set up transactions to be committed manually or automatically. When modifications are made, an auto commit transaction promptly and permanently publishes the changes to the database. This level of isolation is the strictest. The transaction retains write locks on all rows it adds, modifies, or deletes as well as read locks on all rows it references.

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A manufacturing company is considering acquiring a new injection-molding machine at a cost of $150,000. Because of a rapid change in product mix, the need for this particular machine is expected to last only eight years, after which time the machine is expected to have a salvage value of $10,000. The annual operating cost is estimated to be $11,000. The addition of the machine to the current production facility is expected to generate an annual revenue of $48,000. The firm has only $100,000 available from its equity funds, so it must borrow the additional $50,000 required at an interest rate of 10% per year with repayment of principal and interest in eight equal annual amounts. The applicable marginal income tax rate for the firm is 25%. Assume that the asset qualifies for a seven-year MACRS property class. 2 3 Click the icon to view the MACRS depreciation schedules. Click the icon to view the interest factors for discrete compounding when i = 14% per year. (a) Determine the after-tax cash flows. Fill in the table below. (Round to one decimal place.) Period Net After-Tax Cash Flow $ thousand $ thousand $ thousand

Answers

The after-tax cash flows can be seen in the attachment. After-tax cash flows are important for businesses and investors because they provide a measure of the amount of cash that is available for use after taxes have been paid.

After-tax cash flows refer to the amount of cash that is generated by a business or investment after taking into account the payment of taxes. These cash flows represent the amount of money that is available to be used for various purposes, such as reinvesting in the business, paying dividends to shareholders, or paying off debt.

To calculate after-tax cash flows, you need to first determine the pre-tax cash flows, which are the cash flows generated by the business or investment before taxes are taken into account. Then, you need to subtract the amount of taxes that will be paid on those cash flows.

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The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the following Except:A) being able to shift production from one country to another to take advantage of exchange rate fluctuations, differing wage rates, differing energy costs, or differing trade restrictions. B) being in better position to choose where and how to challenge rivals. C) shortening delivery times to customers by having geographically scattered distribution facilities. D) locating buyer-related activities (such as sales, advertising, after-sale service and technical assistance) close to buyers. E) centralizing value chain activities to foster just-in-time inventory activities.

Answers

The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the aforementioned except: E) centralizing value chain activities to foster just-in-time inventory activities.

What is a competitive advantage?

In Economics, a competitive advantage can be defined as a measure of the factors, conditions, competitive assets, skills, labor force, or circumstances that allow a business organization to manufacture finished goods or services better and perhaps, cheaper (low costs) than other rival business organizations (competitors) who are operating within the same industry.

In Business management, some good examples of competitive assets that are owned and controlled by a business firm (company) include the following:

Price leadership.Access to scarce natural resources.Results-oriented culture.Access to new or proprietary technology.Highly skilled labor.Intangible assets such as buyer loyalty, brand recognition, and strong brand awareness.Financial resources such as borrowing capacity and credit rating.Tangible resources such as sites, fulfillment centers, distribution centers, and manufacturing equipment.

However, a centralized value chain activity to enhance just-in-time (JIT) inventory activities is not a competitive advantage opportunity that a global competitor can benefit from by dispersing performance of its activities across several countries.

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The United States is a large country. It produces two goods, beers and brooms. It imports beers from Mexico and exports brooms to Mexico. Mexico is a small country. It produces two goods, beers and brooms. It imports brooms from U.S. and exports beers to U.S.If U.S. imposes a tariff on beer imports from Mexico,the trade volume falls and the terms of trade increases for U.S.

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The United States is a large country. Imposes a tariff on beer imports from Mexico,the trade volume falls and the terms of trade increases for U.S.

A tariff is a tax that a government imposes on goods and services that are imported from other nations in order to raise prices and reduce the appeal of imports, or at the very least their competitiveness, compared to domestic products and services. Tariffs are typically established to limit commerce with certain nations or to lower imports of a certain range of products and services.

For instance, the American government could impose a 50% tariff on Italian leather handbags in order to deter consumers from buying them by raising the cost of domestically produced handbags at a lower price. The government anticipates that the higher price will significantly reduce consumer demand for imported items.

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income statement and balance sheet data for great adventures, inc., are provided below. great adventures, inc. income statement for the year ended december 31, 2022 net sales revenues $ 180,870 interest revenue 280 expenses: cost of goods sold $ 39,300 operating expenses 61,160 depreciation expense 18,050 interest expense 8,780 income tax expense 15,300 total expenses 142,590 net income $ 38,560

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After deducting all of these expenses, the company had a net income of $38,560 for the year. Great Adventures Inc. had net sales revenues of $180,870 for the year ended December 31, 2022. This was offset by expenses of $142,590.

It included cost of goods sold of $39,300, operating expenses of $61,160, depreciation expense of $18,050, interest expense of $8,780 and income tax expense of $15,300.

The balance sheet for Great Adventures Inc. for the year ended December 31, 2022 showed total assets of $242,510 and total liabilities of $190,570. This resulted in total equity of $51,940 for the company. This equity was made up of common stock of $5,190, retained earnings of $45,750, and other comprehensive income of $1,000.

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money is used as a unit of account. this means group of answer choices money cannot store value for use in the future. money is used to measure the exchange value and costs of goods, services, assets and resources. money has little or no intrinsic value. money is dependent on the quantity of gold held by the federal reserve.

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Money is used as a unit of account. Money is used to measure the exchange value and costs of goods, services, assets and resources.

When economists say that cash serves as a unit of account, they suggest that it is: a economic unit for measuring and evaluating the relative values of products. When economists say that cash serves as a shop of fee, they suggest that it is: a manner to preserve wealth in a with no trouble spendable shape for destiny use.

As a unit of account, cash is used to specific the fee of products and services. This characteristic of cash promotes financial performance and minimizes transaction fees via way of means of casting off the want of expressing the fee of every commodity in phrases of each different commodity. Unit of account. A unit of account in economics is a nominal economic unit of degree or forex used to symbolize the actual fee (or cost) of any financial item, i.e. goods, services, assets, liabilities, income, expenses.

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