The cost of inflation to society includes

5. Discuss the effects of various forms of technology on international business. What role does the Internet play? Where is this

svlad2 [7]

Answer:

The internet has radically affected international business.

Explanation:

First, the internet has made it easier for firms to engage in international business and trade because it reduces barriers to entry, facilitates communications, and becomes a vehicle for the creation of new economic sectors.

Second, the internet has made competition between companies more stiff in some sectors, but has resulted in the formation of oligopolies, duopolies, and even monopolies in other sectors, especially those that are very intensive in all kinds of capital, from human capital to technological capital, to financial capital.

Third, the internet has made the concept of appropriability more important because intellectual property has gained more importance, and also because the internet has made it easier to engange in intellectual property theft.

Finally, managers can protect the proprietary technology of their firms by using the most advanced tools of virtual security and protection, this is why many computer scientists are hired in this sector.

6 0

3 years ago

Haberdashery Company has a beginning Work-in-Process Inventory of 39,000 units (40% complete). During the period, 124,000 units

klasskru [66]

Answer:

156,200 equivalent units

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.

Equivalent Units = Degree of work done × units of inventory

There are two (2) methods to compute equivalent units

First in First Out
Weighted Average method

<em>Weighted average method</em>

Under this method, to account for completed units , no distinction is made between work started in previous period and those started this period. It is assumed that for all completed units, 100% of the work required was done in the current period.

We can work out the Equivalent units for Haberdashery Company as follows:

Items Units Workings Equivalent units

Completed units 129,000 100% × 129,000 = 129,000

Closing WIP 34,000 80% × 34000 = 27,200

Total equivalent units 156,200

<em>Note the completed units = opening inventory + newly introduced units - closing inventory </em>

Completed units= 39,000 + 124,000 - 34,000

= 129,000 units.

Equivalent units for conversion cost = 129,000 +27,200 = 156,200 units

3 0

3 years ago

Elon is a manager who organizes his department into teams at the beginning of September. By November, he worries because the tea

Diano4ka-milaya [45]

My best advice to give Elon is to be patient because the teams are in the storming stage.

<h3>What is a storming stage?</h3>

A storming stage is characterized by employee starting to push against the established boundaries which could led to Conflict

Because the team are in storming stage, the manager need to give them time to reach the norming and performing stages.

In conclusion, my personal best advice is to Elon is to be patient because the teams are in the storming stage

Read more about storming stage

<em>brainly.com/question/25637878</em>

5 0

3 years ago

If an organization replaces its existing hardware infrastructure with hardware in the cloud, then installs its own erp software

Julli [10]

When installing its own ERP software and databases on the cloud hardware, it is most likely using the PaaS or also known as the Platform as a Service in which is a category that focuses on services in cloud computing that has benefits for customers as this allows them to manage their applications.

4 0

3 years ago

Many critics argue that government efforts to regulate industries have caused which of the following?

Georgia [21]

Answer:

inefficiencies

Explanation:

The competitive market is characterized by competition between companies for market share according to sales price. This is beneficial to the consumer, who will pay a lower price. The government acts as a market regulator to curb collusion and to ensure the origin and quality of products.

Critics of regulation complain that regulation removes market efficiency mechanisms, as companies have to comply with a series of regulatory criteria that raise production and marketing costs, which makes markets less efficient. This is a fragile argument, as history is full of cases of collusion and abusive practices that harm consumers. Regulation is necessary for companies to be compelled to always act in an appropriate manner. An example of the importance of regulation is the requirement for nutritional composition on food labels so that consumers have the information about what they are consuming.

5 0

3 years ago

Read 2 more answers