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1 year ago

The four benefits of international strategies are:_______

1 answer:

3 0

The four benefits of international strategies are increased the market size. The initial step in most organizations global development plans is typically an international strategy. The most effective technique is transnational, but it's also the most complicated in terms of the interactions and communications.

There is no one method that works for all the business ventures that involve global development. The emphasis on efficiency and low cost, as well as meeting cultural and societal needs locally, influence how these tactics are the different. International multi-domestic, global, and transnational are the four fundamental international strategies that multinational firms can choose from.

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What is the correct answer regarding short-run and long-run budgets? a. A short-run budget is generally less than a year in leng

goldfiish [28.3K]

Answer: Option A

Explanation: In simple words, Short run budgets refers to the budgets which are made for a period of less than 12 months and long run budgets are made for a time period greater than one year.

Short run budgets are prepared for some specific assets such as supplying a new customer for one year.

Thus, from the above we can conclude that the correct option is A.

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3 years ago

Team building is considered part of which stage of team development

faltersainse [42]

Let's see there's forming, storming, norming and performing. I would use teambuilding during forming to limit the amount of storming in the next stage.

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3 years ago

Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured $45,756,000

Cost of goods sold $50,143,200

Gross Profit $30,856,800

Selling and Administrative Expenses $13,122,000

Operating Income $17,734,800

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold $40,500,000

Manufacturing Margin $40,500,000

Selling and Administrative Expenses $12,150,000

Contribution Margin $28,350,000

Fixed cost

Manufacturing cost $8,856,000

Selling and Admin Expenses $972,000

Total Fixed cost $9,828,000

Operating Income $18,522,000

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3 years ago

Look at the examples, and then determine which type of advantage each one describes.

lara [203]

Answer:

1) If a producer can provide cable service more cheaply than another producer, it is an absolute advantage.
2) If a producer can produce salads while giving up fewer opportunities to make sandwiches than another producer, it is a comparative advantage.

3) If a producer can create more car parts than another producer does, using the same number of resources, the price per unit is cheaper and it is an absolute advantage.

Absolute advantage is the ability of a person, a country, company or region to produce a good or service at a cheaper price per unit than another entity producing the same good or service.

Comparative advantage is the ability of a person, a country, company or region to produce a specific good or service more efficiently (lower opportunity cost) than another entity to produce the same good or service.

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3 years ago

Read 2 more answers

At the beginning of the period, the Cutting Department budgeted direct labor of $52,350 and supervisor salaries of $42,150 for 3

xxTIMURxx [149]

Answer:

$77,000

Explanation:

Direct Labor = $52,350 (Its varies with the number of Production hours). Hence, $52,350 for 3,490 hours

For 3,800 hours, (52,350/3,490) * 3,800 = $57,000

Supervisor Salaries = $20,000 (Since the Supervisor Salary is not an incremental cost, it is a fixed one). So, the Supervisor Salaries remain $20,000

Net budget (flexible) = $57,000 + $20,000

Net budget (flexible) = $77,000

4 0

3 years ago