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storchak [24]
3 years ago
7

For years, the world used a small nation in Central America as a place to assemble goods and benefit from cheap labor. To shift

its manufacturing base from simple assembly to full-fledged manufacture of components and finished goods, the nation introduced a policy that stated 35 percent of the value of a product must be produced locally. This is an example of a(n)
Business
1 answer:
Dafna11 [192]3 years ago
5 0

Answer:

Local Content Requirement is the correct answer.

Explanation:

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3 years ago
Suppose you manage an upscale restaurant in New York City. __________ would involve writing employee schedules and a list of thi
Alex777 [14]

Operational Planning

Writing employee schedules and a list of things to do for the chef and other kitchen staff are the part of operational planning. Operational planning is the procedure of preparation of strategic goals of an organization. The operation plan gives the strategies of resource allocation to achieve goals. Therefore, writing the employee schedules and the things kitchen staff should be a part of operational planning.

8 0
3 years ago
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A company had sales of $699,000 and cost of goods sold of $280,000. Its gross profit equals:
alexgriva [62]

Answer:

$(419,000) is the answer

8 0
3 years ago
Corey wants to reorganize the company. Currently there are HR units at each plant, fiscal units at each plant, and purchasing un
lana [24]

Answer:No, because even though the company will be able to save on payroll the costs of travel will be increased

Explanation:

Centralizing the support functions of a business such as Human Resources, fiscal and purchasing units can reduce costs, create consistency and reduce duplication of duties.

However, in this case where the business needs to deploy staff of these units to each plant occasionally, the travel expenses and negative effect on the staff will outweigh the money saved.

6 0
3 years ago
Partnerships in which only one person takes responsibility and the rest of the partners provide only money is called
Juli2301 [7.4K]
Partnerships that one person takes responsibility and the rest of the partners provide only money is called a limited partnership.
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