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1 year ago

why might a company decide to outsource (i.e., buy) a product that they currently make in their company-owned operations?

1 answer:

3 0

Companies outsource to save costs or improve the value of their goods. There are several options when deciding whether to outsource a business' operations or production.

The use of outsourcing has increased as a way for businesses to cut expenses and concentrate on what they do best. A business precise known as outsourcing involves a corporation hiring a third party to carry out duties, manage operations, or offer services on their behalf.

Reduce and manage operating expenses. Enhance the company's focus. liberate internal resources for fresh endeavors. Increase output for some time-consuming tasks for which the organization may lack the resources.

The finest examples of outsourcing include website creation, office and warehouse cleaning, and advertising.

To learn more about outsourcing

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You want to invest an amount of money today and receive back twice that amount in the future. You expect to earn 9 percent inter

Virty [35]

Answer:

The answer is 8 years

Explanation:

FV= PV(1+r)^n

Where

PV= let's assume PV is $100

FV = Since FV will be doubled, the we have $200($100 x 2)

n= ?

r= 9percent

Let us use the rule of 72 which states that an investment will double when:

Annual Investment Rate x Number of Years = 72.

Number of years = 72/9

= 8 years

The investment is doubled in 8 years at the rate of 9percent

5 0

3 years ago

Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.

Alja [10]

Answer and Explanation:

The computation of the official unemployment rate is shown below:

Official unemployment rate is

= Unemployed workers ÷ (Unemployed + employed) × 100

= 13,863,000 ÷ (13,863,000 + 139,323,000) × 100

= 9.05%

Now for the U-4 is

= (Unemployed workers + discouraged workers) ÷ (Unemployed + employed + discouraged workers) × 100

= (13,863,000 + $993,000) ÷ (13,863,000 + 139,323,000 + $993,000) × 100

= 9.64%

Therefore for exclduing the discouraged workers it may cause the offical rate to understate the underemployment true extent

4 0

2 years ago

JOURNAL ENTRIES<br>cash withdrawn by the owner for private use Rs. 25000 <br>PLEASE HELP .

alexandr1967 [171]

Answer:

he withdrw 25,000

Explanation:

5 0

3 years ago

Read 2 more answers

Which of the following is part of the M2 definition of the money supply, but not part of M1?

STALIN [3.7K]

Answer:

The answer is b

Explanation:

Demand for money is the situation in which money are held in cash form without spending it. The demand for money is a derived demand in the sense that people do not spend all their salaries when they receive it at the end of the month. The portion of their salaries which they do not spent immediately they are received is what we referred to as the demand for money. There are three reasons for holding money which are

Transaction motive :This is the desire to keep money in order to meet the day to day transaction of business such as buying of foodstuff and to meet other family need .

Precautionary motive : This is the desire to keep money in order to meet the unforseen circumstances which are not planned for but which immediately occur, such as sickness, unexpected visitors, breakdown of one's car,

Speculative motive :This is the desire to keep money with the hope of using the money in making quick money. It is a money held with the hope of giving it out in form of loan if the interest is high and at a short period of time.for instance purchasing shares at a lower prices and re-selling it at higher prices .it also includes buying goods at a lower prices and re-selling at a higher prices for example cars.

7 0

2 years ago

define free market system and identify and describe at least three of its major concepts or attributes

ladessa [460]

Free market economies allocate resources through demand and supply with minimal government intervention.

private ownership- all factors of production within the economy are owned mainly by private individuals and organizations.

Free enterprise- owners of factors of production and producers of a goods and services a free to produce what they want through the market forces of demand and supply.

Competition- <span>Companies have a competitive drive, thus better quality goods and more variety of products which are at lower prices. (more productively efficient )</span>

3 0

3 years ago