Answer:
The answer is: developed a global web of value creation activities
Explanation:
By developing a web of international suppliers, Lenovo can benefit from lower prices and better quality products. For example, the computers are designed in the US and the microprocessor are also built there. Since costs in the US are higher than those in southern Asia, high quality components are produced there. Other components that are more "common or average" technology can be supplied by manufacturing firms in cheaper countries like Malaysia and Thailand.
Outsourcing is the practice of taking significant activity with in organization and contracting it to an independent party.
Answer:
Timmy's accounting profit equals $7945 while his economic profit equals $3094
Explanation:
Accounting profit= $47000- $39055= $7945
Economic profit= $11,039 - $7945= $3094
Answer:
4. intangible assets.
Explanation:
Total assets are classified into current assets, fixed assets, and intangible assets.
Current assets comprise cash, stock, receivable account, etc.
Fixed assets include plant & machinery, property, facilities, furniture & equipment, etc.
And, the intangible assets are patents, copyrights, goodwill, and other intellectual properties plus they are not seen or even touched.
Whereas the fixed assets or other related synonymous are tangible in nature
Answer:
textile developer is the answer