1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zimovet [89]
3 years ago
5

Why would a company choose to outsource? what are the advantages and disadvantages to outsourcing?

Business
2 answers:
maxonik [38]3 years ago
8 0
A company would likely outsource service or manufacturing to reduce service or production costs; this is why a majority of consumer products are made in east Asian countries, as they have very low manufacturing and labor costs. However, these cheap goods and services tend to have lower quality and/or performance when compared to their domestic, higher-priced counterparts. In short, outsourcing is generally used to cut costs, but the quality of goods or services typically suffers to some degree. 
Stolb23 [73]3 years ago
3 0

Answer:

To increase their profit. Companies choose to outsource labor because the cost to pay workers in other countries is way less expensive.

Explanation:

You might be interested in
The inventory of Bramble Company on December 31, 2020, consists of the following items. Part Quantity Cost per Unit Net Realizab
Brrunno [24]

Answer:

$462,562

Explanation:

Lower of Cost and Net Realizable Value (LCNRV) records ending inventory at the lowest between purchase costs or net realizable value.

Part         Q             Cost per Unit          Net RV            Total

110        620              <u>$121.00</u>                 $127.00          $75,020

111        1,080             $76.20                  <u>$66.00</u>            $71,280        

112         540             $101.60                  <u>$97.00</u>           $52,380

113         220            <u>$215.90</u>                $228.60           $47,498

120        440           <u>$260.00</u>                $264.00          $114,400

121      1,400              $20.00                     <u>$1.00</u>             $1,400

122       330             $304.80               <u>$298.00</u>         $100,584

Total                                                                             $462,562

6 0
2 years ago
An investment offers $6,700 per year for 15 years, with the first payment occurring one year from now. a. If the required return
maksim [4K]

Answer:

a.$65,072.07

b.$100,810.19

c.$110,254.18

d.$111,666.67

Explanation:

a. The value of investment today if payment per year of $6,700 is made for 15 years is given as follows:

Present value today=R[(1-(1+i)^-n)/i]

Where

R=payment to made yearly=$6,700

i=interest per annum=6%

n=number of payments=15

Present value today=6,700[(1-(1+6%)^-15)/6%]=$65,072.07

b. The value of investment today if payment per year of $6,700 is made for  40 years is given as follows:

Present value today=6,700[(1-(1+6%)^-40)/6%]=$100,810.19

c. The value of investment today if payment per year of $6,700 is made for 75 year is given as follows:

Present value today=6,700[(1-(1+6%)^-75)/6%]=$110,254.18

d. The value of investment today if payment per year of $6,700 occurred forever

Present value today=P/i=6,700/6%=$111,666.67

where P=6,700, i=6%

8 0
3 years ago
The rule to remember when accounting for bonds sold at a premium or at a discount is that Bonds Payable is always credited for t
Sever21 [200]

Answer:

Cr Bonds Payable account 50,000

Cr Premium on Bonds Payable account 2,000

Explanation:

The complete journal record should be:

  • Dr Cash account 52,000
  • Cr Bonds Payable account 50,000
  • Cr Premium on Bonds Payable account 2,000

Since cash is an asset and it increases, it should be debited.

Since bonds payable and premium on bonds payable are liabilities and they increase, they should be credited.

7 0
2 years ago
Identify which of the below factors will achieve great results with your client:a. feedbackb. quality work
Sonbull [250]

Answer:

The correct answer is letter "B": quality work.

Explanation:

The quality of a good or service determines if the standard expectation of a product is met according to a consumer. Typically, when the good or service has above-standard quality, consumers are likely to purchase it regularly. The opposite happens with below-standard goods or services: consumers stop buying them.

7 0
3 years ago
Morgan Company acquires all of the outstanding shares of Jennings, Inc., for cash. Morgan transfers consideration more than the
zmey [24]

Answer:

The excess amount paid should be recognized as Goodwill.

Explanation:

Goodwill is the excess amount over net assets of the investee company, paid by investor to the shareholders of the investee company.

Goodwill is calculated as value paid to acquirer less fair value of net assets (fair value of assets minus fair value of liabilities).

8 0
3 years ago
Other questions:
  • In its fiscal 2016 balance sheet, JetBlue Airways Corporation, reported cash of $443 million at year-end. The statement of cash
    6·1 answer
  • Green Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand
    10·1 answer
  • special - time order for 15,000 bird feeders at $ 3,50 per unit Bluebird currently produces and sells . This level represents 80
    9·1 answer
  • From the list below, which items are classified as a materials activity:
    6·1 answer
  • Identify at least three ways in which the company sought to differentiate itself from rival jewelry firms.
    11·1 answer
  • Consider the following information: Rate of Return If State OccursState ofProbability ofEconomyState of EconomyStock AStock BSto
    14·1 answer
  • Which of these lists correctly orders the binary
    13·1 answer
  • At a recent stockholders meeting for Ignate Inc., a group of stockholders expressed disagreement with the way that the managers
    10·1 answer
  • Outsourcing some production is a means of supporting a constraint. Group of answer choices TRUE FALSE
    14·1 answer
  • Prior to the closing, one final inspection should take place. This is also known as the final what?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!