Answer:
E. globalization
Explanation:
-Ethnocentrism refers to judging another culture based on your own culture and considering yours as superior.
-Availability of supplies refers to having access to the products needed for the business.
-Avoidance of tariffs and import quotas refers to not having limitations like paying taxes on imports or exports or having a maximum quantity of a product that can be imported or exported.
-Lower labor costs refers to low salaries.
-Globalization refers to a process of integration that involves people, governments and companies around the world. When talking about business is about developing an international presence and beginning to operate in other countries.
According to this, Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to globalization.
Answer:
$240
Explanation:
Darren runs Barber shop
His fixed costs daily is $40
The toal output per day is 10 haircuts
He is open 6 days in the week
Therefore weekly total fixed costs can be calculated as follows
= 40×6
= 240
Hence the weekly fixed cost is $240
Answer:
The correct answer is letter "D": Revenue and expense accounts reflect year-to-date amounts throughout the year.
Explanation:
Most firms close their accounts by the end of the year because of accounting reporting purposes. It does not imply throughout the year the firm will not be able to make reports of their performance. They actually can but closing the account relevant for the report requested. <em>By closing the accounts only by the end of the year, the revenue and expense accounts will show annual calculations in the upcoming period books.</em>
Answer:
No acceptance has been given
Explanation:
The listing contract has been terminated by the seller and the broker, and broker has received the notification of termination.
The new offer that is now received cannot be valid as the seller cannot accept.
For a contract to be valid there has to be an offer and acceptance. The seller cannot now accept because the listing contract has been terminated.
The only way the contract can go forward is of the contract with the broker is renewed.
Answer:
<u>strategic</u>, <u>specific </u>and <u>flexible </u>
Explanation:
Strategic planning refers to planning for long term ambitions and goals of an organization. Such plans are of strategic importance and hence devised by the top management of an enterprise.
Specific plans refer to the future course of action, which is targeted at meeting a particular or specific goal or objective provided in a basic plan.
Flexible plans are the plans which allow for last minute changes in the strategy as per the business situation prevalent.
In the given case, the shop owner has reset overall goals i.e modified them and devise a specific plan to achieve those alongside making an allowance for future business fluctuations. This means, the plan should be strategic, specific and flexible.
