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Westkost [7]
3 years ago
13

A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen internatio

nal business-level strategy. Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure. True False
Business
1 answer:
Damm [24]3 years ago
6 0

Answer:

True

Explanation:

When a company finds itself in a country that has a competitive advantage in a particular product and the company produces goods aimed at competiting against the local market by using international production. It will most likely fail as it cannot meet up low cost of local firms.

If however the manager's of the company make a strategic decision of manufacturing locally, this will take advantage of the lower cost of production.

The company can take ownership of a local firm through which it can successfully produce locally.

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Which is the correct sequence for recording transactions and preparing financial​ statements?
zheka24 [161]

Answer:

The answer is B.

Explanation:

The first is the journal. A journal entry may be a summary of the debits and credits of the transaction entry to the journal.

Followed by a ledger which may be a book containing accounts during which the classified and summarized information from the journals is posted as debits and credits.

Trial balance which is that the listing of all accounts (asset, liability, equity, revenue, expense) with the ending account balance or or its a report that lists the balances of all book accounts of a corporation at a specific point in time.

And lastly the financial statements. they're written records of a business's financial situation

8 0
3 years ago
The Weber Company purchased a mining site for $1,750,000 on July 1. The company expects to mine ore for the next 10 years and an
AlladinOne [14]

Answer:

The correct solution is "$26,000".

Explanation:

The given values are:

Cost

= $1,750,000

Salvage value

= $150,000

First Year Extraction

= 6,500

Total Extraction

= 400,000

Now,

⇒ Depletion \ Expense = (Cost - Salvage \ value)\times (\frac{First \ Year \ Extraction}{Total \ extraction} )

On putting the values, we get

⇒                                = (1,750,000 - 150,000)\times (\frac{6,500}{400,000} )

⇒                                = 1,600,000\times 0.01625

⇒                                = 26,000 ($)  

4 0
3 years ago
Nathanial’s company developed a new machine that could sort through a stock of produced goods to identify defective ones. His co
Marta_Voda [28]

Nathanial’s company can apply for a Utility Patents patent for the new machine.

<u>Explanation:</u>

Any intellectual property can be protected by the use of a patent. Filing for legal protection is the major requirement for acquiring a patent. Patent are useful for the protection of any new process, machine or anything that is created physically. Utility patent, plant patent, provisional patent and design patent are the different types of patents that exists in US.

When a new product,machine or process is created or remodeled then Utility Patent helps to protect them. "patent for Invention" is the other name given for Utility patent. It protects your inventions from being sold or used by other industries or enterprises without your authorization.

5 0
3 years ago
Business ethics concerns:
Softa [21]
Ethics refers to acceptable conduct in any setting therefore it concernscconcerns the behaviour thebehavioithbusiness
6 0
4 years ago
Suppose the fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth w
Harlamova29_29 [7]

In the long run, the increase in money growth will change price levels and inflation.

<h3>What is money neutrality?</h3>

Money neutrality is an economic theory that changes in money supply do not affect real variables but only affect nominal variables. As a result, monetary policy is neutral in the long-run and affects real variables in the short-run.

Here are the options: (A) The price level. (B) The level of technological knowledge. (C) The quantity of physical capital. (D) The inflation rate.

To learn more about money neutrality, please check: brainly.com/question/16245225

4 0
2 years ago
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