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Masja [62]
3 years ago
11

A firm that, by operating in more than one country, gains R&D, production, marketing, and financial advantages in its costs

and reputation that are not available to purely domestic competitors:_______.
a) domestic firm
b) bi coastal firm
c) Chinese firm
d) global firm
Business
1 answer:
Ivanshal [37]3 years ago
3 0

Answer:

Global firm

Explanation:

Global firm is one which executes its different business functions in more than one country. They may be based out of one country but they execute their business operation like procurement, logistics, Research and development, marketing and other such activities in other countries as well.  

Objective of such firm is to be increase their market reach, generate flexibility in gaining access to various resources and competency required in the business. These all activities are meant to decrease cost for the company and increase profitability and revenue for it.

Example for such company can be Google, Hindustan Unilever, Ikea.

You might be interested in
How do companies effectively go global?
Irina18 [472]

Answer:

Some of the specific advantages presented by successfully growing globally include:

•You can extend the sales life of existing products and services by finding new markets to sell them in.

•You can reduce your dependence on the markets you have developed in the United States.

and more....

Explanation:

hope it helps......

8 0
2 years ago
Silver Corporation incurred costs of $600,000 for managing the wholesale division during the year. The customer details of the c
elena-s [515]

Answer: $200,000

Explanation:

The cost will be allocated to customer Y, if a cause-effect relationship cannot be established with any cost driver will be calculated thus:

Total sales = $600,000 + $400,000 + $200,000 = $1,200,000

The percentage of Y on total sales will be:

= $400,000/$1,200,000 × 100

= 1/3 × 100

= 33.33%

Therefore, the cost that's allocated to Y will then be:

= $600,000 × 33.33%

= $600,000 × 0.3333

= $200,000

Therefore, the correct answer is $200,000

8 0
2 years ago
A firm could continue to operate for years without ever earning a profit as long as it is producing an output where
Assoli18 [71]

A firm could continue to operate for years without ever earning a profit as long as it is producing an output where

<span> B. MR >AVC</span>

<span>MR stands for marginal revenue which is the sale price of a single item sold. On the other hand, AVC or the average variable cost is the firm’s variable costs divided by its output that is produced.</span>

5 0
3 years ago
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
Irina-Kira [14]

Answer:

A. Lowest Total Cost:

A. 315,550 or more

B. Lowest total cost of annual volume of 120 boats

C. C

Explanation:

The lowest total cost among the three alternatives is b.

If the company goes for new location it will have to incur fixed cost of $270,000 and variable cost per boat will be $600.

If the company Subcontracts then Total cost per boat is $2,620

If a company goes for expanding existing facility then it will incur fixed cost of $57,000 and variable cost will be $1,030 per boat.

If company produces 315,000 or more boats then it will have lowest possible cost for the boat.

For an output of 120 bots the best possible alternative is option C. The fixed cost will be $475 per boat ($57,000 / 120 boats)

The total cost will be $1,505 ($475 + $1,030)

5 0
2 years ago
When starting a small business, it's important to remember:?
charle [14.2K]
When starting a small business it is very important to remember to take into account your employees point-of- view
6 0
2 years ago
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