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m_a_m_a [10]
4 years ago
8

In the late 1970s, LarceCo, a tea manufacturing company, entered the market of a developing country called Fantesnia. As there w

as a lack of hard currency in Fantesnia, LarceCo was involved in a barter system. It exchanged its tea-based products for the local vodka of Fantesnia. This scenario illustrates that LarceCo had engaged in _____.
Business
1 answer:
Softa [21]4 years ago
4 0

Answer: Counter trade

Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.

In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.

Hence from the above we can conclude that they were engaged in counter trade.

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A gardener has three herb beds she wishes to plant in a design that consists of three equilateral triangles laid out in such a w
densk [106]
The design is shown in the attached picture. An equilateral triangle has sides that have equal measurements. On the other hand, a vertex is the terminal point of at least two line segments. Therefore, when you join three equilateral triangles sharing a common vertex, that simply means that they have a common point.

8 0
3 years ago
______ effect happens when the place a product was manufactured influences how consumers perceive the product.
stiks02 [169]

Effect happens when the place a product was manufactured influences how consumers perceive the product.  Country of Origin

What benefits do consumer product firms derive by marketing internationally?

Competition with other companies can be maintained. Sales and profits can be enhanced. Life cycles of products can be extended.

Country of origin:

Country of origin represents the country or countries of manufacture, production, design, or brand origin where an article or product comes from. For multinational brands, CO may include multiple countries within the value-creation process.

Learn more about country of origin:

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8 0
2 years ago
In the context of the Oracle Enterprise Manager, a(n) _____ is a named collection of database access privileges that authorize a
Marta_Voda [28]

Answer: Role

Explanation:

Role is basically refers to the collection of the databases that can easily access the privileges which are assigned to the specific users so that they can able to accessing the resources from the database system management.

  • The database role is also known as the collection of the privileges in the database system.  
  • The main function of the role in the database management system (DBMS) is that it can easily update and also retrieve the business records in an organization.

Therefore, Role is the correct answer.

8 0
3 years ago
Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted wi
Burka [1]

Answer:

b. No journal entry is required

Explanation:

Given that

Estimated percentage of losing = 40%

Estimated amount = $800,000

By considering the above information, we concluded that

As in the case of the litigation, there is no journal entry is recorded as the possibility of the event is not certain with respect to the entity's economic resources.

Therefore in the given case, the correct option is b.

5 0
3 years ago
Mihee's old job was to answer phones in a call center. Her job was redesigned, and now she also does customer surveys. This is a
dimulka [17.4K]

Answer:

Job Enlargement

hope dis helps ^-^

7 0
3 years ago
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