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Pavel [41]
1 year ago
13

How do the roles of a subsidiary general manager differ in a wholly owned subsidiary in a developed country versus a joint ventu

re in a developing country?
Business
1 answer:
Rudiy271 year ago
3 0

For the wholly owned subsidiary, the general manager can follow the guidelines provided by the parent company without any complaints, in the other hand, a joint venture subsidiary manager have to take into consideration the will and ideas of the secondary partner and the parent company as he must keep both sides happy because both of them own the company and are decision makers.

A joint venture is a firm that is set up, owned and operated by two or more companies. A joint venture may be an equal partnership, or one of the partners may have a greater share of the business. A wholly owned subsidiary is owned by a single company that maintains control over it.

Be both wholly-owned and not wholly-owned, With a regular subsidiary, the parent company's ownership stake is more than 50%. A wholly-owned subsidiary, on the other hand, is fully owned by the parent. This means that the parent holds 100% of this subsidiary's common stock.

Learn more about business here: brainly.com/question/24448358

#SPJ4

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A franchise is
Setler [38]
The answer to this question is A

A franchise is a license that business owners purchase from a larger company.

An example of an franchise would be mc Donald’s, 7 eleven, or KFC.
5 0
3 years ago
Marigold Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that co
Blizzard [7]

Answer:

COGS= $81,770

Explanation:

Giving the following information:

Beginning inventory= 477 units that cost $65 each.

Purchases:

715 units at $68 each

364 units at $70 each.

Units sold= 1,197

<u>To calculate the cost of goods sold under the LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>

COGS= 364*70 + 715*68 + 118*65

COGS= $81,770

7 0
3 years ago
Suppose you invest $5,000 per year, for 10 years, into an account with an annual rate of return of 7%. Deposits are made at the
Debora [2.8K]

Answer:

Explanation:

The timeline would be as follows:

During the first 10 years, we deposit 5,000 at 7% market rate.

Then we withdraw at the beginning of Year eleven during 17 year. The market price for this period is 6%

First Step amount at end of year 10

C * \frac{(1+r)^{time} - 1 }{rate} = FV\\

5,000 * \frac{(1+0.07)^{10} - 1 }{0.07} = FV\\

FV = $69,082.24

Then, we are going to calculate how much can be withdraw during 17 years

At the beginning of the period at 6% rate

C = PV \frac{rate}{1-(1+rate)^{-time} }/ (1+rate)

From the PV formula, we clear the Cuota and then we divide by 1.06 because we are doing an<em> annuity-due. </em><em>The amount is withdraw at the beginning of the period. </em>That's why we add a new element.

C = 69,082.24 \frac{0.06}{1-(1.06)^{-17} } /(1.06)

C = 6220.32

3 0
3 years ago
Given the ethical lapses that are prevalent today in our businesses, what can be done to restore trust in the free-market system
aleksandr82 [10.1K]

Answer:

New laws making accounting records transparent and punishing the wrongdoers may help restore trust.

Explanation:

  • Those who violate the law need to be punished accordingly. New laws that make accounting laws more transparent (easier to read and understand) and more accountable to entrepreneurs and others will help restore confidence in the free-market system.
  • But laws do not make people honest, confident or honest and Making businesses more accountable for company actions can help restore trust in free-market systems and leaders in general.
6 0
3 years ago
If you went in for an interview and you were asked why are you seeking a new position at this time what would be your answer?
Reika [66]
I would say, "My necessity for money is crucial at the moment, but although that is true, my strive for experiencing and working under your company is a great factor in seeking a new position.
5 0
3 years ago
Read 2 more answers
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