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4 years ago

Using contract manufacturing as a strategy to reach global markets gives firms the advantage of

Business

1 answer:

lesya692 [45]4 years ago

7 0

Answer: C. reduced risks

Explanation:

Contract manufacturing refers to when a company outsources the production of certain goods or components that it normally produces to another company and in terms to global markets, to another company in another country ad this is usually done to reduce costs as the company that the production was outsourced to can produce at a cheaper price.

By using this method to reach global markets, the contracting company would be able to reduce financial risk which is the risk that a project will not payback because the costs associated will become less therefore the chances of the project paying back will increase simply because it only has to cover a lesser cost of production.

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Although it was not explicitly noted in the employee handbook, Jennie was told at the start of her internship that employees are

ZanzabumX [31]

Answer:

Policy.

Explanation:

In this scenario, although it was not explicitly noted in the employee handbook, Jennie was told at the start of her internship that employees are expected to dress in business casual attire each day. This dress code is a policy of the organization.

Policy can be defined as a set of idea, rules, guidelines or plan which determines the principles or course of action of an organization. The main purpose of the policy being defined in an organization is to provide rational values or outcomes and to guide the decisions of the employees working in an organization.

4 0

3 years ago

QS 7-12 Note receivable honored LO P4 On August 2, Jun Co. receives a $7,100, 90-day, 12.0% note from customer Ryan Albany as pa

steposvetlana [31]

Answer: See explanation

Explanation:

Firstly, the interest revenue will be calculated as:

= 7,100 × 12% × 90/360

= 7100 × 0.12 × 0.25

= $213

Therefore, Jun's journal entry assuming the note is honored by the customer on October 31 will be:

Debit: Cash = $7313

Credit: Notes receivable = $7100

Credit: Interest revenue = $213.

3 0

3 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1

Grace [21]

Answer:

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

Explanation:

Break even point = $\frac{Fixed Cost}{Contribution per unit}$

Fixed Cost = $8,100

Contribution per unit = Sale Price - Variable Cost = $21 - $18 = $3

1. Break even points in units will be

= $\frac{8,100}{3} = 2,700 units.$

2. Break-even point in dollar sales

= Break even point in units X Sale price per unit

= 2,700 units X $21 = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales

= $\frac{8,100 + 600}{3}$ = 2,900 units

Final Answer

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

3 0

4 years ago

A concentration ratio measures ____.

JulijaS [17]

Answer:

The correct answer is A

Explanation:

Concentration ratio is the ratio which uses the combined shares of the market for a given number of the firms to the whole size of the market. It consider firms with 3, 4 or 5-firm concentration ratio

It is used to measure the extent or the excess capacity to a given or specific market or industry which is oligopolistic.

4 0

4 years ago

You observe that the inflation rate in the United States is 1.5 percent per year and that T-bills currently yield 2.0 percent an

Kamila [148]

Answer:

(a) 7.5%

(b) 8.5%

Explanation:

(a) Foreign country inflation rate - US inflation rate = Foreign country risk free rate - US risk free rate

Lets foreign country inflation rate = X

X - 1.5 = 8 - 2

X - 1.5 = 6

X = 6 + 1.5

= 7.5%

(b)

Lets foreign country infllation rate = X

X - 1.5 = 9 - 2

X - 1.5 = 7

X = 7 + 1.5

= 8.5%

(c)

Lets foreign country inflation rate = X

X - 1.5 = 10 - 2

X - 1.5 = 8

X = 7 + 1.5

= 9.5%

6 0

3 years ago