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1 year ago

What is the relationship between a firm's industry environment and the firm's earning potential?

1 answer:

3 0

An organization is more likely to generate above-average returns the more it can positively impact the environment of its industry.

The general rules of competition that affect all companies that offer comparable goods and services. Industry environment is a concept that Harvard professor Michel E. Porter advanced into the forefront of strategic thinking and company planning. The core of his work, which outlines the five factors that affect industry competition, first appeared in the Harvard Business Review. Strategic managers can link distant issues to their influence on a firm's operating environment with the use of his well-defined analytical framework.

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Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by

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They are using the Dual income and no kids method

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3 years ago

The control systems used in international firms include: personal, bureaucratic, output and Blank______.

Taya2010 [7]

The control systems used in international firms are;

personal
bureaucratic
output
Scientific

<h3>What is the control system?</h3>

A control system serves as set of mechanical or personal devices that are used in regulating other other devices or systems.

In international firms this control system helps to monitor the ethics, standards that are required by the international firm in relation with other firms across the globe.

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2 years ago

White House officials often exude more confidence than they actually feel about future prospects for the economy. Why might this

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Answer:

Following are the answer to this question:

Explanation:

It is a great approach since it encourages and guarantees enhanced investment in infrastructure. Even so, a reduction in the possible future investment funds caused by government confidence will also result in business mistakes or failures throughout the investment process, and that's why the officials of the White House frequently exude a greater level of pride in prospects for the economic system than they feel.

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3 years ago

Candy or cookies? i want to know

frozen [14]

Answer:

Candy

Explanation:

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3 years ago

Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 29.20 Total

Umnica [9.8K]

Answer:

std rate $30.64
efficiency variance $6,128.00

Explanation:

We will work the rate variance to obtain the standard rate:

$(standard\:rate-actual\:rate) \times actual \: hours DL \: rate \: variance$

actual rate $29.20

actual hours 11,700

difference $1.44

rate variance $16,800.00

$(standard\:rate-29.2) \times 11,700 = 16,700$

$(standard\:rate= 16,700 \div 11,700 +29.2$

std rate $30.64

Now we can solve for the labor efficiency variance:

$(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance$

std hours 11700

actual hours 11500

std rate $30.64

difference 200

efficiency variance $6,128.00

The diference is positive, sothe variance is favorable.

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3 years ago