Answer:
the globalization of production.
Explanation:
Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.
Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.
Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.
<em>Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world</em>.
Answer:
4) buying and installing new computers in the new outlets
Explanation:
The five component model of information systems includes what a company needs to create is IT infrastructure and it includes:
- people: I firmly believe that people are the most important component of any system, at least until AI replaces us.
- hardware: refers to the equipment needed (e.g. computers, etc.)
- software: includes both system (windows or linux) and applications software (e.g. ERP software)
- database: the place where collected data is stored, e.g. physical storage devices or cloud storage
- network: the connections needed for different hardware to work together, e.g. cables, routers, internet service
Answer:
The consumer is the one who pays to consume the goods and services produced.
Explanation:
As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation
Answer:
This is a repeat question on Brainly but here you go.
<h2><em>
$51,500
</em></h2>
Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent
So, the equipment amount should be debited at <em>$51,500
</em> instead of the original cost or the replacing cost
I think more varied if you added additional mutual funds you would have a more diverse portfolio.
