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kiruha [24]
3 years ago
13

Nathan was worried that his company was missing a lot of opportunity to sell their products in China because of the separation c

reated by language, culture, and distance. In other words, his company had a lack of _____.
Business
1 answer:
lina2011 [118]3 years ago
4 0

The inability of Nathan's company to sell their products in China can be said to be: lack of knowledge.

<h3>What is Knowledge of a Market?</h3>

Understanding your market target for a specific product goes a long way in saving resource wastage and facilitates effective marketing strategy that gurantees sales.

Knowledge of the culture and language of a market is key to penetrating a market.

Thus, the inability of Nathan's company to sell their products in China can be said to be: lack of knowledge.

Learn more about knowledge of a market on:

brainly.com/question/2889076

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Answer:

C. Letter C; demand exceeds supply, resulting in a shortage

Explanation:

I had put my answer as A on the test and got it wrong. But this is the correct answer C.

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Knowledge Check 01 Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to i
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Answer:

Ending Inventory = $10,000

Explanation:

Calculating the ending inventory using the lower of cost and net realizable value (NRV):

It means we have to take the inventory cost, which is lower between the original cost and net realizable value. Therefore, for Model A -

Inventory Quantity × Unit Cost (Cost or NRV which is lower) = Total ending inventory cost

100 × $ 100 = $10,000

(We have used the original cost as it is lower than NRV cost)

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3 years ago
A country has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods
liubo4ka [24]

Answer: Takeoff stage

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Take-off stage states  

(a)In this particular period Urbanization will increases.

(b)Industrialization proceeds as technological progress will take place.

(c) Secondary sector expands .

It should be also duly noted that during this stage,Textiles and apparel are usually the first "take-off" industry .

<u><em>Hence, a country  where the manufacturing of both semi durable and non durable consumer goods has just begun. Also, the goods demanded relate to equipment and supplies to support manufacturing has reached the takeoff stage in Rostow's five stage model of economic growth.</em></u>

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3 years ago
What is an easy way to convert an hourly wage into an approximate full-time annual wage?
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8 0
3 years ago
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076
Xelga [282]

Answer:

Using the FIFO cost method:

beginning WIP 34,600 units

materials $79,000 (100% complete)

conversion $48,200 (30% complete, 70% remaining = 24,220 EU)

units started 662,700

materials added $1,594,520

conversion costs added $566,356

ending WIP 24,100

100% complete for materials

40% complete for conversion = 9,640 EU

units completed and transferred out = 34,600 + 662,700 - 24,100 = 673,200

units started and completed = 662,700 - 34,600 - 24,100 = 604,000

total equivalent units for the month:

materials 662,700

conversion = 24,220 + 604,000 + 9,640 = 637,860

total cost per EU:

materials = $1,594,520 / 662,700 = $2.4061

conversion = $566,356 / 637,860 = $0.8879

total = $3.294

cost of ending WIP:

materials = 24,100 x $2.4061 = $57,987

conversion = 9,640 x $0.8879 = $8,559.36 ≈ $8,559

total = $66,546

cost of units transferred out = $79,000 + $48,200 + $1,594,520 + $566,356 - $66,546 = $2,221,530

total units transferred out = 673,200

production cost per unit = $2,221,530 / 673,200 = $3.30

3 0
3 years ago
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