All categories

3 years ago

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

Business

1 answer:

lesya692 [45]3 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.

You might be interested in

A woman earns 15% more than her husband. Together they make $58,695 per year. What is the husband's annual salary?

yarga [219]

Answer:

$27,300

Explanation:

Let husband's salary be x

Wife's salary is 15% more than husband's salary. This implies that wife's salary is 15% of x plus x.

Wife's salary = 0.15x + x

= 1.15x

Sum of their salaries = $58,695

Substituting the values in the equation:

58,695 = 1.15x + x

2.15x = 58,695

x = $27,300

Husband's annual salary is computed as $27,300

3 0

3 years ago

The budget is one of the three values of earned value management and is also known as _____. a. actual cost b. indirect cost c.

enot [183]

Answer:

The correct answer is d. planned value

Explanation:

Among project managers, the Earned Value is one of the most demanded requirements of management tools. When we talk about it, we refer to Earned Value Management (EVM), a series of parameters that advise on the operation of the project based on a planning. The Earned Value will inform us of the cost and time deviations of the project. So, thanks to its functionality, we can make faster and more effective decisions, based on concrete data about the reality of the work performed.

4 0

3 years ago

WILL MARK BRAINLIST!

const2013 [10]

Answer:

Hello! Your answer shall be, BELOW

Explanation:

Preparing a trial balance for a company serves to detect any mathematical errors that have occurred in the double-entry accounting system. If the total debits equal the total credits, the trial balance is considered to be balanced, and there should be no mathematical errors in the ledgers.

A Trial Balance is prepared to check whether the debit balance FOR the credit balance, which is the primary goal of accounting?

Hope I helped! Ask me anything if you have any questions. Brainiest plz!♥ Hope you make a 100%. Have a nice morning! -Amelia♥

6 0

2 years ago

Read 2 more answers

Travis has a 2,400 square foot home. He is self employeed and uses one room of his home exclusively for his business. The area o

Montano1993 [528]

Answer:

$500;$810

Explanation:

Based on the information given we were told that he painted his office and replaced the door at a cost of the amount of $500 which means that Travis has the amount of $500 in deductible direct expenses

Calculation for deductible indirect expenses.

First step is to calculate the utilities

Utilities= $3,000 x (240/2,400)

Utilities= $3,000 x 10%

Utilities= $300

Second step is to calculate the property taxes

Property taxes= $1,500 x 10%

Property taxes= $150

Third step is to calculate the mortgage interest

Mortgage interest= $3,600 x 10%

Mortgage interest= $360

Now let calculate the deductible indirect expenses.

Deductible indirect expenses=$300+$150+$360

Deductible indirect expenses=$810

Therefore Travis has $500 in deductible direct expenses and $810 in deductible indirect expenses.

4 0

2 years ago

In the United States many farms are integrated into a large food-production industry. This is known as:

Zielflug [23.3K]

Agribusiness, i believe is your answer

hope this helps :)

8 0

3 years ago

Read 2 more answers