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Kryger [21]
3 years ago
11

Escents, a body lotion manufacturer from Canada, negotiated a contract with a shea butter company in Mali, Africa, to supply 40%

of the needed shea butter for its products. The negotiations ended, and the process of moving shea butter supplies across Mali to the coast for shipping began. Along the way, there were delays because trucks would be stopped by washed-out roads or faulty bridges. What challenge did Escents discover with working in a less-developed country like Mali
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer: Infrastructure Challenge.

Explanation:

A major problem in developing countries is insufficient and often damaged infrastructure. There are lack of roads and other mean of access to quite some areas in the country and those routes that do have road networks sometimes see trade still hampered by damage to those road networks.

Sometimes there would be potholes that require careful maneuvering and sometimes the roads would be washed out. In this case Escents is experiencing Dela due to washed-out roads or faulty bridges which are examples of infrastructural damage.

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When Ford was slow to recall vehicles to fix a possible carbon monoxide leak, it was most likely due to ________, because Ford w
Vladimir79 [104]

Answer: Overconfidence bias

Explanation:

The options are:

a. overconfidence bias

b. hindsight bias

c. framing bias

d. escalation of commitment bias

e. sunk-cost bias

Overconfidence bias is when people or organization believe so much in their ability, knowledge, talent, or skills which invariably leads them to believe that they are better than the way they really are. It is an ego belief and can have a dangerous effect.

Ford was slow to recall vehicles to fix a possible carbon monoxide leak due to overconfidence bias as they believe that they are a force to be reckoned with and can't make such mistakes.

5 0
3 years ago
An offer to enter into a contract can be terminated by
nalin [4]
Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be <span>sufficiently definite and certain.</span>
An offer to enter into a contract can be terminated by lapse of time, r<span>evocation ,
counteroffer, rejection, death or incompetency of the offeror or offeree, destruction of the subject.  </span>
6 0
3 years ago
A company had the following purchases during the current year: January: 19 units at $129 February: 29 units at $139 May: 24 unit
ycow [4]

Answer: A - $8,046

Explanation: Inventory valuation using the specific identification method is a method used in getting the actual stock cost at their specific purchase price at a specified time during the year.

Jan - 11 units @129 =1,419

Feb - 13 units @139 = 1,807

May - 6 units @149 = 894

Sept - 13 units @159= 2,067

Nov - 11 units @ 169= 1,859

Total = $8,046

4 0
3 years ago
A public good is an example of a _____.
Alona [7]
A public good is an example of a good or product that individuals can consume or use without reducing its total availability for others. Goods like national security, sewer systems, public parks, among others, are considered as public goods. Many can benefit from it and it is considered by economists as goods that are "non-rivalrous" or "non-exclusive." <span>
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6 0
3 years ago
On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances:
just olya [345]

The Adjusted Trial Balance of ACME Fireworks on January 31, 2021 is as follows and totals $517,300 on both sides.

Adjusted Trial Balance

January 31, 2021

Accounts                                     Debit       Credit

Cash                                       $27,000

Accounts Receivable             188,400

Allowance for Uncollectible Accounts        $ 600

Inventory                                  15,000

Land                                        59,000

Equipment                               21,500

Redeemable Gift Cards                               8,200

Accumulated Depreciation                         2,800

Accounts Payable                                     86,800

Notes Payable (6%, due April 1, 2019)     63,000

Common Stock                                         48,000

Retained Earnings                                    27,900

Sales Revenue                                      280,000

Cost of Goods Sold            154,300

Salaries Expenses                52,100

Totals                              $ 517,300  $ 517,300

<u>Data and Calculations:</u>

ACME Fireworks General Ledger Account Balances

January 1, 2021

Accounts                                     Debit       Credit

Cash                                      $ 26,400

Accounts Receivable              48,800

Allowance for Uncollectible Accounts  $ 5,500

Inventory                                  21,300

Land                                        59,000

Equipment                               21,500

Accumulated Depreciation                       2,800

Accounts Payable                                   29,800

Notes Payable (6%, due April 1, 2019)   63,000

Common Stock                                       48,000

Retained Earnings                                  27,900

Totals                               $ 177,000 $ 177,000

<u>Analysis of Transactions:</u>

Jan. 2 Cash $8,200 Redeemable Gift Cards $8,200

Jan. 6 Inventory $148,000 Accounts Payable $148,000

Jan. 15 Accounts Receivable $136,000 Sales Revenue $136,000

Cost of Goods Sold $74,300 Inventory $74,300

Jan. 23 Cash $125,500 Accounts Receivable $125,500

Jan. 25 Accounts Payable $91,000 Cash $91,000

Jan. 28 Allowance for Uncollectible Accounts $4,900 Accounts Receivable $4,900

Jan. 30 Cash $10,000 Accounts Receivable $134,000 Sales Revenue $144,000

Cost of Goods Sold $80,000 Inventory $80,000

Jan. 31 Salaries Expense $52,100 Cash $52,100

<u>Adjustments of the Trial Balance with Transactions:</u>

Accounts                                     Debit       Credit

Cash                                    $ 26,400 + 8,200 + 125,500 - 91,000 + 10,000 - 52,100

Accounts Receivable            48,800 + 136,000 - 125,500 - 4,900 + 134,000

Allowance for Uncollectible Accounts  $ 5,500 - 4,900

Inventory                                  21,300 + 148,000 - 74,300 - 80,000

Land                                        59,000

Equipment                               21,500

Redeemable Gift Cards                                        8,200

Accumulated Depreciation                       2,800

Accounts Payable                                   29,800 + 148,000 - 91,000

Notes Payable (6%, due April 1, 2019)   63,000

Common Stock                                       48,000

Retained Earnings                                  27,900

Sales Revenue                                                136,000 + 144,000

Cost of Goods Sold              74,300 + 80,000

Salaries Expenses                52,100

Learn more: brainly.com/question/24872559

5 0
2 years ago
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