What factors have led to a Growth of Global Trade?

1 answer:

6 0

Factors Leading To Growth In International Business Commerce Essay ... Over the last five decades international trade and investment have grown .... The factors that led the companies accelerate their business activities ...

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________________ refers to the total number of units that are purchased at that price. quantity quantity demanded supply market

bagirrra123 [75]

Quantity demanded refers to the total number of units that are purchase at that price.

When you are in demand of something, it means you want/need something. Quantity refers to the amount of something you want/need. In this situation you are purchasing the amount you need at the set price given.

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3 years ago

Sam agrees to buy and Meranda agrees to sell 1000 lbs of bananas actually worth $5000, but they have not agreed on the price yet

Nookie1986 [14]

a. There is a contract for the sale of the bananas because UCC allows to keep certain terms open while contracting, which includes price. If the parties are not clear on the price or the price is to be set over time, the parties can fill the term later under UCC. Hence the agreement between Sam and Meranda for the sale of bananas constitutes a valid contract. If the parties are unable to determine the price, court will determine a reasonable price based on the fair market value or the intention of the parties while making the contract and by using the most reasonable method as per the business practices. Here 1000 lbs of bananas actually worth $5000. Hence the court may decide the price to be $5000 or determine the price by analyzing the intention of the parties while making the contract.

b. If the agreement was to repair several air conditioners in an apartment building, it does not come under UCC because UCC governs only contracts for sale of goods. Service contracts are governed by common law of contracts and price is necessary to form a valid contract. Hence the court will rule the contract as invalid and would not enforce the contract.

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3 years ago

Which of the following is a condition that makes an internal startup strategy appealing over an acquisition?a, when an internal

Salsk061 [2.6K]

Answer:

(D) when an internal startup has the necessary scale and resource strengths to compete with rivals:

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2 years ago

Bengal Co. provides the following sales forecast for the next three months:

8_murik_8 [283]

Answer:

None of the options from A to D has the correct answer.

The correct answer is:

5,665 units

Explanation:

To calculate the budgeted production units for August, we will first of all calculate the ending inventory unit balance from July, which is the same as beginning inventory for August, and that is shown thus:

ending finished good inventory = 25% of the next month's sales.

∴ ending finished goods inventory for July = 25% of 5,700

= 25/100 × 5,700 = 0.25 × 5,700 = 1,425 units

Next, let us calculate the projected ending finished goods inventory for August, as shown below:

August ending inventory = 25% of September's sale

= 0.25 × 5,560 = 1,390 units.

Units to be produced in August is calculated thus:

Total units required in August = sales + ending inventory

= 5,700 + 1,390 = 7,090 units

Remember that we had a beginning inventory for August of 1,425 units from July's ending balance. Therefore, out of the total units required in August, 1,425 units is already available, hence the units to be produced is calculated as:

Production units in August = Total units required in August - Beginning inventory

= 7,090 - 1,425 = $5,665

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3 years ago

Near-zero rates of unemployment are not desirable because they often lead to

Wewaii [24]

They often lead to increases in the cost of production.

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3 years ago