During adolescence, young people develop the ability to:

Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures

oksian1 [2.3K]

Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures regarding costs and local responsiveness. Describe entry modes they have usually used, and whether the modes are appropriate for the given strategy is described below

Explanation:

Global Strategy’ is a shortened term that covers three areas: global, multinational and international strategies. Essentially, these three areas refer to those strategies designed to enable an organisation to achieve its objective of international expansion.

In developing ‘global strategy’, it is useful to distinguish between three forms of international expansion that arise from a company’s resources, capabilities and current international position.

Implications of the three definitions within global strategy:

International strategy: the organisation’s objectives relate primarily to the home market.

Multinational strategy: the organisation is involved in a number of markets beyond its home country. But it needs distinctive strategies for each of these markets because customer demand and, perhaps competition, are different in each country. Importantly, competitive advantage is determined separately for each country.

Global strategy: the organisation treats the world as largely one market and one source of supply with little local variation. Importantly, competitive advantage is developed largely on a global basis.

3 0

3 years ago

If a new production technique is developed that enables a firm to produce 20 units of output with 3 units of land, 3 of labor, 1

Anni [7]

Answer:

We would choose this new production technique.

Explanation:

In this question, we have to analyze and compare all production technique costs and choose which one is lower to maximize profit thus confirming or denying the affirmation. After calculating all the costs associated with this new technique, we find that this technique would be adopted because it would lower the total production costs to $28 and thus would increase the total economic profit.

8 0

3 years ago

A person who teaches you coaches you and helps you to advance in your career is known as a?

AlekseyPX

If they are leading you to work hard for a career then its a Career Coach

4 0

3 years ago

Crane Company

Afina-wow [57]

Answer:

statement of cash flows using the indirect method

Cash flow from Operating Activities

Cash Receipts from Customers $145,200

Cash Paid to Supplies and Employees ($108,900)

Net Cash from Operating Activities $36,300

Cash flow from Investing Activities

Proceeds from Sale of Equipment $5,100

Net Cash from Investing Activities $5,100

Cash flow from Financing Activities

Dividends Paid ($12,000)

Net Cash from Financing Activities ($12,000)

Movement during the period $29,400

Cash and Cash Equivalents at Beginning of the Period 0

Cash and Cash Equivalents at the End of the Period $29,400

Explanation:

Cash Receipts from Customers Calculation :

Sales revenue $ 145,200

Assuming Cash Sales

Cash Paid to Supplies and Employees Calculation :

Cost of goods sold $105,000

Add Selling Expenses $10,800

Add Administrative expenses $3,600

Less Depreciation ($10,500)

Cash Paid to Supplies and Employees $108,900

6 0

3 years ago

Carlson Auto Dealers Inc. sells a handmade automobile as its only product. Each automobile is identical; however, they can be di

rodikova [14]

The Carlson Auto Dealers Inc.'s 2021 cost of ending inventory is $252,000 based on the specific identification inventory method.

2. The Carlson Auto Dealers Inc.'s Cost of Goods Sold for 2021 is $729,300 using the specific identification inventory method.

Data and Calculations:

Beginning Inventory of cars:

Car ID Cost

203 $78,000

207 78,000

210 81,000

Total = $237,000

Cost of Ending Inventory:

Car ID Cost

213 79,500 not sold

216 82,500 not sold

219 90,000 not sold

Total $252,000

Cost of Goods Sold:

Car ID Cost

203 $78,000

207 78,000

210 81,000

211 78,000

212 78,000

214 81,000

215 84,000

217 87,000

218 84,300

Total Cost = $729,300

Learn more: brainly.com/question/18522650

4 0

3 years ago