Which of the following is a quality of a money system of exchange?

__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig

Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0

4 years ago

A group of managers has been assigned the task of developing a new product. They are now in the process of assessing several ide

slava [35]

Answer:

Screening

Explanation:

Screeningprocess used to access innovative product ideas, strategies and marketing trends to determine their consistency with the company's objective. It is used to eliminate unsound ideas and accept sound ones.

Screening can be used to check the compatibility if an idea with a business objective. It involves a process of determining which product aligns with the target audience and the benefits of producing it.

The screening stage is a very important stage in the development of a new product because if a product that doesn't conform with the business objective or the product doesn't have a tendency of being profitable to the organzation passes the screening stage, it means the product will lead to wasted effort and resources in the other stages.

Therefore, a product should be properly screened passing the screening stage.

4 0

3 years ago

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Your boss has asked you to implement a non-disruptive and incremental approach to ensure business process excellence. What kind

Vesnalui [34]

Answer:

I would propose a business process improvement (BPI) where management will analyze business procedures and try to determine which ones can be improved and how they should be improved. The advantage of using BPI is that it focuses on organizing work around business processes and not individual tasks which makes it non-disruptive, and it is also incremental in nature.

5 0

4 years ago

The Gorman Group issued $930,000 of 11% bonds on June 30, 2021, for $1,009,794. The bonds were dated on June 30 and mature on Ju

Sergeeva-Olga [200]

Answer:

The Gorman Group

Journal Entries:

June 30, 2021:

Debit Cash $1,009,794

Credit Bonds Liability $930,000

Credit Bonds Premium $79,794

To record the bonds issuance

December 31, 2021:

Debit Interest Expense $50,490

Debit Amortization of Bonds Premium $660

Credit Cash $51,150

To record the payment of semi-annual interest, including amortization of premium.

June 30, 2022:

Debit Interest Expense $50,457

Debit Amortization of Bonds Premium $693

Credit Cash $51,150

To record the payment of semi-annual interest, including amortization of premium.

Explanation:

a) Data and Calculations:

Face value of 11% bonds issue $930,000

Issue price = $1,009,794

Bonds premium = $79,794

Market yield = 10%

December 31, 2021:

Semi-annual interest payment = $51,150 ($930,000 * 5.5%)

Semi-annual Interest expense = $50,490 ($1,009,794 * 5%)

Amortization of bonds premium = $660

June 30, 2022:

Semi-annual interest payment = $51,150 ($930,000 * 5.5%)

Semi-annual Interest expense = $50,457 ($1,009,134 * 5%)

Amortization of bonds premium = $693

4 0

3 years ago

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It is a type of business that keeps the dealings,assets,and bank accounts seperate from his/her personal assets?

tatuchka [14]

Answer:

A sole proprietorship

Explanation:

A sole proprietorship is a business owned, organized, and run by a sole proprietor. It is legally advisable that all business and private activities of any form of business are conducted separately. Commingling business dealings, assets, and especially bank accounts with private affairs do cause problems for the business person.

4 0

3 years ago