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wariber [46]
3 years ago
5

Silca Electronics Inc. is a consumer-electronics company based in the country of Pelo. It has approximately 300 stores across th

e country and is already active in three foreign countries. It attempts to establish itself successfully in the country of Zevar, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Silca Electronics Inc. incurs huge financial losses in Zevar. In this scenario, Silca Electronics Inc.'s failure to establish itself successfully in Zevar occurs most likely because:
Business
1 answer:
irina1246 [14]3 years ago
4 0

Answer:

It under-estimated its cost and liabilities in expanding to Zevar market

Explanation:

The pricing strategy adopted by Silca is low cost , which is the practice of stimulating demand and gaining market share through setting a lower price with the benefit of higher  profit per sale , which is made possible as a result of lower cost of production.

However , the processes involved in expansion to Zevar attracted additional costs which violated the the lower cost principle, as the cost of operation became higher than would have been , leading to a financial loss.

It is apparent here that Silca did not do its due diligence properly before going ahead with the expansion move as cost and liabilities appeared to have been under estimated.

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ASC Topic 235, Notes to Financial Statements
Nutka1998 [239]

Answer: d. Requires description of all significant accounting policies to be included as an integral part of the financial statements.

Explanation:

There are several accounting and valuation policies that a company can use when presenting its financial information for the year. Companies are meant to follow the policies that would most fairly represent their assets and liabilities.

When they pick these valuation methods, it is important that the people who study their financial statements know the valuation and accounting methods used so that they can understand the figures.

To this end, ASC Topic 235 requires that the company should include the significant accounting policies that it used as notes so that financial statement users understand how the company reached the figures it recorded.

4 0
3 years ago
An e-mail message from a manager to an employee that reads "please stop by my office at your convenience" is likely to be percei
Daniel [21]

Answer:

intensity

Explanation:

4 0
3 years ago
Read 2 more answers
Federal express has a(n) ________________ in logistics and customer service, since these are activities it does especially well
andrezito [222]
The answer to this question is that federal express has a core competence. Core competence is the main strenghts or advantages of a business or the company in order for them to become competitive in the market. The concept of Core competency was introduced by Gary Hamel and Prahalad. Core competency is what the business or company can do to their customers and their expertise that is unique that can be valued by the customers.
8 0
3 years ago
Employees arrive at a cafeteria according to a Poisson process at an average rate of 30 employees per hour. The probability that
Juliette [100K]

Answer:

a. 0.223

Explanation:

Calculation for the Probability that after one employee arrives, the next one will arrive at least 3 minutes

Since no one comes in 3 minutes,hence:

3minutes/60 =1/20 hours

Thus, the Probability will be calculated as:

Probability=e^20/30

Probability=0.223

Therefore the Probability that after one employee arrives, the next one will arrive at least 3 minutes will be 0.223

6 0
3 years ago
Which form of media advertising has seen the sharpest decline in the United States over the last 15 years
sweet-ann [11.9K]

The form of media advertising that has seen the sharpest decline in the United States over the last 15 years is the Newspaper.

The Newspaper used to be very common in the past. It was the most common means of reaching the bigger audience. Apart from its use as a medium of carrying the happenings in the society, it also served as a means of advertising.

The decline in the use of the Newspaper today is partly due to the riser in the use of electronic media. People have moved on past the age of Newspaper. Most topics are now discussed electronically especially through the social media.

Read more on brainly.com/question/23380864?referrer=searchResults

8 0
2 years ago
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