Answer:
a) Distinguish between the use of Franchising and Joint Venture as modes of entry into other countries by global businesses.
Franchising consists in the licensing of aspects of production and intellectual property to a another party: the franchise.
A Joint Venture is a business union between two or more parties, in which they split profit as well as costs and responsabilities.
b) What are the respective advantages and disadvantages of both strategies?
Franchising can be a quicker way to expand into foreign markets. The flexibility of the method, and the lower capital requirements are the reason why. This can be seen in the success that American fast-food brands have had using this method to expand in global markets.
A Joint-Venture can be more difficult to use for market expansion, however, it can be more profitable, because the profit will not be split among as many parties as in franchising, and more importantly, the firm maintains a higher control of the operation.
Answer:
The option that does not apply to Parsons (1998) procedural acceptability measure when determining which methods to use to deliver performance feedback to staff is option A). Client treatment acceptability is directly related to procedural acceptability of supervisor feedback to staff.
Explanation:
The study of organizational behavior gives insight on how employees behave and perform in the workplace. It helps us develop an understanding of the aspects that can motivate employees, increase their performance, and help organizations establish a strong and trusting relationship with their employees
OBM can be seen as the intersection between behavioral science and improvement in organizational environments.
According to Parsons (1998) there are numerous reasons it is important to measure procedural acceptability when determining which methods to use to deliver performance feedback to staff such as Staff motivation being impacted if a management practice has low procedural acceptability.
However, Client treatment acceptability is not directly related to procedural acceptability of supervisor feedback to staff.
Answer:
c.$209,160
Explanation:
Given that the cash received from each sale will be collected over 2 months. If 30% of mechanize is to be sold for cash, then 70% will be sold on account. Further more, 80% of the credit/sale on account will be collected in the month of sale and 20% in the following month.
Hence for October, cash collection will include 20% of credit sale from September and 80% of the credit sale in the month.
Given that sales in September is $250,000
Amount expected to sold on account
= $250,000 - (30% × $250,000)
= $175,000
Amount expected to be collected from this sale in October
= 20% × $175,000
= $35,000
Amount of credit sale in October
= $311,000 - (30% × $311,000)
= $217,700
Amount of this credit sale to be collected in October
= 80% × $217,700
= $174,160
Total collected from accounts receivable in October
= $174,160 + $35,000
= $209,160
Answer:
passive income if taxable income is negative;active income if taxable income is positive.
Answer:
Ethical impact statement.
Explanation:
An attempt to assess the underlying moral justifications for corporate actions and the consequent results of those actions are contained in ethical impact statement. It is typically used by an organization and its shareholders to assess the underlying moral justifications for corporate actions and the consequent results of those actions in order to be in tandem with its mission, goal and objectives.
