Describing the differences among ethnocentric, polycentric, regiocentric, and geocentric management orientations. We can explain them as follows.
In an ethnocentric management orientation, domestic enterprises or organizations think that their domestic activities or practices within the domestic area influence the domestic market. In this situation, the management teams are frequently transferred from their hometown or place of origin to a new site or a foreign nation.
The approach known as polycentric management orientation is one in which companies and organizations think there is always a distinctive strategy in every global market. This entails hiring and advancing suitable people from the same nation or region that the company works in. It primarily aims to lower hiring costs.
On the other side, the huge multinational firms that tend to construct groups of nations or regions where their branches are located and then develop policies and strategies that would only be relevant in those nations or regions are known as "regiocentric management orientation."
Contrary to the polycentric method, firms and organizations using geocentric management operations hire personnel from all over the world. KFC frequently adopts this stance.
Hence, differences among them have been explained above.
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Answer:
Social capital
Explanation:
Social capital is defined as the effective or efficient functioning of the social groups through using the relationship of interpersonal, shared understanding, reciprocity, shared norms, cooperation, shared values and shared norms.
So, the social capital is the productive potential of cooperative relationships, strong and trusts. And this kind of capital help the person land the job. Within the survey it is stated that the 74% had found quality applicants by referrals of employees.
Answer:
Labor and store space (land and building)
Explanation:
In economics, the factor market refers to the purchase and sale of <u>factors of production,</u> which include land, labor, capital, and entrepreneurship.
Answer:
$125,000
Explanation:
total sales = ?S
variable expenses = S x 40%
fixed costs = $270,000
operating income = $75,000
S - 0.4S - $270,000 = $75,000
0.6S = $75,000 + $270,000 = $345,000
S = $345,000 / 0.6 = $575,000
total sales = $575,000
margin of safety = total sales - break even point
break even point = $270,000 / 0.6 = $450,000
margin of safety = $575,000 - $450,000 = $125,000
The margin of safety represents how much can a company's sales can fall until it reaches the break even point.
Answer:
c. Debit supplies $100 & Credit Account payable $100
Explanation:
Preparation of Journal entry for for a $100 purchase of supplies on credit
Since we were told that the amount of $100 purchased of supplies was made on credit which means that the correct entry will be :
Dr Supplies 100
Cr Account payable 100
