The singular thing which is important for modern firms to build and maintain by conducting ethical and transparent transactions is:
<h3>What is Consumer Trust?</h3>
This refers to the belief which a customer has in a particular business, usually because of its ethical and transparent practises.
With this in mind, we can see that if modern firms fail to build this consumer trust, then they stand the risk of losing their customer base to their competition.
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Answer:
A negative translation adjustment must be reported.
Explanation:
Under the current rate method, the company must report a negative translation adjustment on a reserve account in the consolidated balance. This reserve account is included in the consolidated balance sheet as unrealized gains/losses.
The marketable securities were purchased at 1,000,000 / 20 = $50,000 (US dollars). But now they are worth only 1,000,000 / 25 = $40,000 (US dollars).
The reserve account of the consolidated financial statements should show a negative foreign currency translation adjustment equal to $10,000 (US dollars).
Answer:
outsourcing
Explanation:
Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company
here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost
Hence, the third option is correct
The marketing mix refers to the set of actions, or techniques, that a firm does to promote its brand or product in the market.
<h3>What is marketing mix?</h3>
A foundational business model known as the "marketing mix" historically focused on the four Ps of product, price, location, and promotion (also known as the "4 Ps"). The phrase "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market" refers to the marketing mix.
Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices.
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