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pickupchik [31]
3 years ago
9

When the management team reviewed its government contract on office furnishings, they noticed that in order to bid on the projec

t, at least 44 percent of the value of the office furniture had to be produced in the United States. This stipulation is an example of a(n)
Multiple Choice

antidumping policy.

voluntary export restraint.

administrative trade policy.

local content requirement.

ad valorem tariff.
Business
2 answers:
Mashcka [7]3 years ago
7 0

Answer:

Local content requirement

rewona [7]3 years ago
5 0

Answer: Local content requirement

Explanation:

Local content requirements (LCRs) are the policy measures that require a certain amount of intermediate goods that are used in the production processes to be gotten from domestic manufacturers.

Majority of local content requirements are aimed at different sectors of the economy in order to pursue economic growth and also encourage infant industries to be competitive internationally in their manufacturing capability. Local content requirements give incentives for the local firms to produce and to lower production costs over time.

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The managerial function of ______ involves monitoring performance, comparing it to goals, and taking corrective action when need
sleet_krkn [62]

Answer:

Controlling

Explanation:

Out of the many functions of management, controlling is an important managerial function. Controlling can be referred to as a managerial function that enables the achievement of results as it relates to set goals. This function involves the measurement of progress for the purpose of achieving organizational goals. It helps to ensure that subordinates and managers inclusive are doing what is necessary, identify errors and take corrective measures to meet up to the standard.

3 0
4 years ago
The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonall
Julli [10]

Answer:

d.$20 billion at an annual rate

Explanation:

As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

4 0
4 years ago
Dawson states that he is Chairman of the Board and the Chief Executive Officer of the company. This makes him:
Kobotan [32]

Answer:

The head of the company

Explanation:

Chief execute officer of a company is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations, and being the public face of the company.

6 0
3 years ago
Read 2 more answers
In a long-run equilibrium,
Serga [27]

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

8 0
3 years ago
The Board of Governors of the Federal Reserve a. members are appointed to four-year terms by the President and confirmed by the
Digiron [165]

Answer:

Option  B

Explanation:

In simple words, The seven board members shall be selected by the president of the usa for a phased period of 14 years. The governing board regulates the operation of the federal reserve system and imposes a wide range of financial and consumer lending rules.

Through statute, the president of the usa may select the Board of Directors to have "equal reflection of the political , economic, manufacturing and business concerns and the regional sections of the nation." The country is split into 12 Federal Reserve constituencies and no two administrators may come from the very same Region.

6 0
4 years ago
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