Answer:
Labor force participation rate = 75.55% (Approx)
Explanation:
Given:
Working population = 450 million
Unemployed people = 95 million
Number of employed people = 245 million
Find:
Labor force participation rate
Computation:
Total labor = 245 + 95 = 340 million
Labor force participation rate = [340 / 450]100
Labor force participation rate = 75.55% (Approx)
Answer:
Increase in income= $20,000
Explanation:
Giving the following information:
Marigold Corp. manufactures a product with a unit variable cost of $100 and a unit sales price of $181. Fixed manufacturing costs were $480000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $120 each in a foreign market which would not affect its present sales.
We will not have into account the fixed costs, because there is unused capacity.
Increase in income= contribution margin * units sold
Increase in income= (120 - 100) * 1000= $20,000
The consumer price index (cpi) and the gdp deflator are designed to measure the degree to the cost of purchasing a bundle of goods has changed over time.
A customer is someone or a group who intends to order, or makes use of purchased goods, merchandise, or offerings basically for personal, social, own family, household and comparable desires, who is not at once related to entrepreneurial or enterprise activities.
A purchaser is the only who purchases the product for his/her own need and makes use of or consumes it. A patron can't resell the good, service or product however can eat it to earn his/her livelihood and self-employment. Definition of purchaser. The client is the one who is the stop-person of any items or services.
Learn more about consumer here:brainly.com/question/380037
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Explanation:
The computation of the ending inventory and the beginning inventory is shown below:
Ending inventory is as follows
December = 438,00 units × 5.5 gallons × 15% =
= 36,135 units
January = 41,000× 5.5 gallons × 15%
= 33,825 units
February = 50,250 units × 5.5 gallons × 15%
= 41,457 units
And, the beginning inventory for January is December ending inventory i.e 36,135 units
Answer:
Three potential issues an organization can confront on the off chance that it chooses to extend universally -
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Language and Cultural Differences - The main issue which comes in anybody's brain while extending their business universally is Language and Cultural Differences. On the off chance that you have a language not the same as your clients, it will be an immense test while conveying. There ought to be in any event one individual in your group who communicates in the neighborhood language. Various nations have various societies while extending your business universally, you ought to likewise remember the neighborhood culture and update your item/administration as needs be.
- Outside laws and guidelines - Along with getting your business globally, increasing a far reaching comprehension of nearby laws and guidelines is pivotal. Without this, any organization can not work appropriately and would confront troubles later on. The work and work necessity contrasts from nation to nation. Every one of these parameters ought to be remembered while growing the business.
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Neighborhood rivalry - While extending the business globally, you should manage import charges and taxes, and in this way making your items higher in cost. Along these lines, your rivals will have more favorable position on the off chance that they produce a similar item locally. You should be careful and know about what your rivals are doing to make your item increasingly open to clients.
Why it is critical to consider culturally diverse shopper conduct before growing past the residential market?
It is energetically prescribed to have appropriate information on multifaceted shopper conduct before growing past the household showcase in view of the accompanying reasons-
-
Culturally diverse purchaser conduct will give you the best possible information available where you will extend. It will give you a plan to choose advertise division. Since advertisers can not fulfill the necessities of the whole market, markets must be sectioned.
- Qualities can likewise decide whether individuals of a specific religion/culture will be impacted by others in the public eye. Having a cross-culture purchaser conduct study will assist with knowing the part of culture that assists advertisers with distinguishing reference bunches that will have an orientation on buyer conduct.
Example - McDonald's Entry to India
While entering Indian markets, McDonald's confronted heaps of issues. The greater part of the dishes in McDonald's comprise of fixings as hamburger. Because of strict reasons, the utilization of hamburger India is denied. In this manner they needed to concentrate more on Chicken or all the more privately developed items to catch the market. Numerous new imaginative items were included the menu. Furthermore, therefore they got fruitful.
Extra issues that can be experienced are -
- Consistence Issues
- Store network dangers
- Operational dangers
- Representative Management and Training
- HR and Benefits errands
