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Tpy6a [65]
2 years ago
15

The decision framework that is based on the relative distance between home and a foreign target country is the ______.

Business
1 answer:
Shkiper50 [21]2 years ago
8 0

The decision framework that is based on the relative distance between home and a foreign target country is the CAGE Distance Framework.

<h3>What is CAGE Distance Framework?</h3>

The CAGE Distance Framework is use to determine the difference between countries using cultural, geographic and economic status of the countries.

CAGE is also used to understand the different patterns of business among people and the flows.

Therefore, The decision framework that is based on the relative distance between home and a foreign target country is the CAGE Distance Framework.

Learn more on distance framework

brainly.com/question/9057370

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Beck was the general manager of Chilkoot Lumber Co. Haines sold fuel to the company. To persuade Haines to sell on credit, Beck
Gre4nikov [31]

Answer:

No

Explanation:

Beck was the general manager of company. By signing the company's document, actually company is liable to pay that amount not individual. The claim that Haines make is incorrect as any liability is supposed to be beared by company. The claim that Beck made is correct. because he wrote general manager which means he is an employee of that company. So, liability falls on company rather than individual.

5 0
3 years ago
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
guajiro [1.7K]

Answer:

Decrease by $132,100

Explanation:

Computation of the given data are as follow:-

We can calculate the  Operating Income by using following formula:-

Fixed Cost = Fixed Cost * Dropped Rate

= $193,000 * 30/100

= $57,900

So, Operating Income = Sales - Variable Cost - Fixed Cost  

= $,1050,000 - $860,000 - $57,900

= $132,100

According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.

3 0
3 years ago
They innovate, allocate and manage the factors of production and bear risk that’s why they are considered as the catalysts for e
Genrish500 [490]
Innovation is a process of discovering new ways of combining resources
5 0
2 years ago
In a monopolized market: total surplus is higher than in a competitive market, while consumer surplus is lower. consumer surplus
Damm [24]

Answer:

In a monopolized market, producer surplus is higher than in a competitive market, while consumer surplus is lower.

Explanation:

A monopolized market is a market in which there is only one producer or seller of a product. The monopolist has market power. A competitive market is a market with many buyers and sellers who cannot individually influence price. In a competitive market, the players are price takers. Consumer surplus measures the difference between what the consumer was willing to pay for a particular commodity and how much he actually pays. Producer surplus refers to the excess of price received by producer over the unit cost of production. Total surplus is the addition of consumer surplus and producer surplus.

In a monopolized market, total surplus is lower than in a competitive market because monopolistic market is characterised with lower quantity and higher prices when compared with competitive market. However, producer surplus is higher in a monopoly market than in a competitive market. This is because in monopoly market the seller makes economic profit by setting prices above his unit cost; this is not possible in competitive market since prices are set at the point where average revenue (price) equals average cost. There is dead weight loss in the outcome of a monopolistic market. This implies a lower total surplus when compared to competitive markets. Consumer surplus is lower in monopolized market because consumers pay higher prices for lower quantities than in competitive markets.

5 0
3 years ago
Use your knowledge about the advantages of international trade to complete each sentence.
Nostrana [21]

Answer:

1. Encourages

2. Encourages

3. Increases

Explanation:

1. International trade encourages economic growth.

2. International trade encourages the specialization of goods.

3. International trade increases the types of goods and services available around the world.

5 0
3 years ago
Read 2 more answers
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