Answer:
globalization and localization.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Also, localization (local responsiveness) refers to the degree of requirements and conditions to which a manufacturing firm should significantly adjust their products and methods of production in a particular country to. Thus, a firm that is facing both strong cost pressures and strong pressures for localization should ensure that it adopts a global standardization strategy.
Hence, two major variables in choosing the structure and design of an organization are the opportunities and need for globalization and localization because the opportunities that abound in the market would determine the level of revenues (cash-inflows) that the organization can generate.
Answer:
Unitary cost= $0.23 per unit
Explanation:
Giving the following information:
Standard costs (5,000 bars):
Cocoa 500 lbs. $1.40 per lb.
Sugar 100 lbs. $0.50 per lb.
Milk 250 gal. $1.60 per gal.
<u>First, we need to calculate the total cost:</u>
Total cost= 500*1.4 + 100*0.5 + 250*1.6
Total cost= $1,150
<u>Now, the unitary cost:</u>
Unitary cost= 1,150/5,000
Unitary cost= $0.23 per unit
<u>Solution and Explanation:</u>
<u>Cost of goods sold section :</u>
Beginning inventory, September 1, 2013 24350
Purchase 203160
Less: Purchase return and allowance -8250
Net purchase 194910
Add: Freight in 9080
Cost of goods purchased 203990
Cost of goods available for sale 228340
Less: Inventory august 31,2014 -24300
Cost of goods sold 204040
<u>Note: N</u>et purchases are calculated after deducting purchase return and allowances from the purchase. For calculating the cost of goods purchased, freight in is to be added.
Answer:
False
Explanation:
Under the subscription model of pricing the customers are to pay a subscription fee for availing the service.
This does not imply that there is an individual charge for each service.
Generally this has combined service or define services that can be used and facilities can be availed.
Initially it was used by newspapers, which clearly reflected that newspapers will be delivered no matter whether you read the newspaper or not.
Similarly in case of golf club, if the subscription period is 6 months it means that, the subscription will not be extended even if you play for continuous 6 months or you do not play at all.
Thus, this is clear that the fee or the price do not depend upon the volume of service used.
1. Work together not apart 2. always support each other no matter what. 3. Have a plan. 4. Never be jealous of one another.5. Appreciate each other.