Answer:
one that implements homogeneous practices across countries.
Explanation:
The process of trading across the national boundaries are said to be an international business. The business process like trading of the good and services and the process of technological and capital investment globally fall under the practice of international business. The transactions of the goods and services are practiced across the borders. Globalization is another term of international business.
If a buyer were to return or take an allowance on merchandise, they must issue a debit memorandum. They do this to let the seller know there was a debt made to their accounts payable in their records. This limits the liability they have for being audited for incorrect placement of debt.
Answer:
These are the four types of partnerships.
General partnership. A general partnership is the most basic form of partnership. ...
Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...
Limited liability partnership. ...
Limited liability limited partnership
Answer: B. Shut down her business
Explanation:
Lydia has a decision to make. In this scenario she is making less her costs and so is suffering a loss. She must make a decision to either SHUT DOWN or KEEP GOING.
In this case however it would seem as though her only decision is to Shut Down.
Why?
The Shut Down Rule states that, “in the short run a firm should continue to operate if price exceeds average variable costs...". Her Average Variable costs here exceed the market price so Shutting Down is her best option.
If the price exceeded her Variable Costs at least, she could stay in the market a bit longer as the Fixed Costs have already been committed to. But with her Variable Costs more than the Market Price, SHUTTING DOWN is her best option.
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