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dezoksy [38]
3 years ago
11

Vornoda Inc., a multinational clothing and accessory brand, has been facing huge economic losses due to unpredictable exchange r

ate movements. In order to gain considerable immunity against such currency fluctuations, Vornoda Inc. should:
Business
1 answer:
kati45 [8]3 years ago
8 0

Answer:

consider opening manufacturing companies in each nation

Explanation:

According to my research on different multinational businesses, I can say that based on the information provided within the question Vornado should probably consider opening manufacturing companies in each nation. By doing this and working only in the currency of that nation they can calculate the prices correctly and not take losses because of the exchange rates.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price
Cloud [144]

Answer:

Yield with 6-day maturity is 7.70%

Yield with 18-day maturity is 2.57%

Explanation:

The formula for yield on repurchase is given as:

y = ( PAR – P ) / P x (360 / t )

P=Purchase price

PAR=Repurchase price

t= number of days of the transaction

In first scenario,PAR is $39 million,P is $38.95 million and t=6

y=($39000000-38950000)/38950000*(360/6)

y=7.70%

In the second scenario,details remained the same except for t that is 18

y=($39000000-38950000)/38950000*(360/18)

y=2.57%

This implies the longer the maturity the lesser the yield since yield is computed on daily basis.

3 0
3 years ago
anufacturers consider selling and administrative costs to be A. prime costs. B. conversion costs. C. inventoriable costs. D. per
malfutka [58]

Answer:

D. period costs.

Explanation:

The period cost is the cost which is incurred during the passage of time. It includes the major part of the ling and administrative expenses of the income statement. This cost is not capitalized. It is to be allocated based on the expenses that are against the revenue.  

Example - Depreciation on delivery trucks, advertising expense, etc

8 0
3 years ago
Your classmates from the University of Chicago are planning to go to Miami for spring break, and you are undecided about whether
Lelu [443]

Answer:

the answer is 5690$. I think so

8 0
3 years ago
Suppose a stock market boom makes people feel wealthier. The increase in wealth would cause people to desire: a) increased consu
Stels [109]

Answer:

a. Increased consumption , which shifts the aggregate-demand curve right.

Explanation:

When there is a boom in stockmarket which makes people wealthier, people's consumption would increase because of the desire and availability of money to purchase goods, which results in demand curve shifting right.

The boom in the stockmarket means people investment has appreciated hence are able to save and increase their consumption spending.

A shift in demand curve to the right means an increase in the quantity demand of goods and services while a shift in demand curve left means a decrease in the quantity demand of goods and services.

Other factor that could cause increased consumption and shifts in aggregate demand curve right is tax decrease. Tax is a compulsory levy imposed on an individual or an organization by the government.

When there is a tax decrease, people would be able to save more thus increase their desire to consume more hence demand curve would shift to the right.

3 0
3 years ago
Bateman Gray Motors sells the cars it produces using dedicated dealers who only sell Bateman Gray's products at their outlets. W
weqwewe [10]

The  kind of marketing strategy that Bateman Gray adopted with its car dealers is exclusive dealing.

Exclusive dealing marketing strategy occur when a dealer only sell the items or goods made by a specific or particular supplier or manufacturer.

This means that customers can not find another brand of products produce by another manufacturer in the dealer outlet because the dealer has stick to that particular products from the designated supplier.

Based on the information given the car dealer is engaging in what is called Exclusive dealing because the dealer is only selling a particular brand products from a particular company.

Learn more about exclusive dealing here:

brainly.com/question/15182671

3 0
2 years ago
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