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lapo4ka [179]
3 years ago
9

A metal fabrication company is considering entering the global market. It is unsure of what steps to take and is looking for a c

ost-effective method to enter into the market by partnering with a company who is already doing similar business in the host country. Based on the company's preferences, which mode of entry should the company choose?
Business
1 answer:
alexira [117]3 years ago
5 0

Answer:

enter into a joint venture.

Explanation:

Based on the information provided within the question it can be said that the company's best option in this scenario would be to enter into a joint venture. This term refers to a business arrangement where various parties agree to combine all of their resources (including personnel) in order to achieve the same goal. Which would benefit the metal fabrication company since the partner company would provide the knowledge and experience of the host country market and they would in term provide more resources to the partnership.

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Budgeting supports the planning process by encouraging all of the following activities except a. requiring all organizational un
solong [7]

Answer:

The correct answer is option d. directing and coordinating operations during the period.

Explanation:

Budget is a plan which elaborates how the resources of the company are to be spent to achieve desired targets or growth rates.

It helps all the units of the organization to establish goal for the coming period.

It is also helpful for the managers and employees by increasing their motivation as they now have to chase a decided target.

It also helps in estimating cost reduction techniques, alternatives on the basis of last year data.

Since, it is just an estimate it does not provide any help in directing and coordinating operations.

So, the correct answer is <u>option D.</u>

8 0
3 years ago
Assume that the U.S. population is 300 million. If 70 million individuals are legally classified as unable to work (or are less
Step2247 [10]

Answer: Option (E) is correct.

Explanation:

Given that,

U.S. population = 300 million

Individuals classified as unable to work =  70 million

Individuals classified as unwilling to work = 80 million

Unemployed = 14 million

Labor force = U.S. population - Individuals classified as unable to work  - Individuals classified as unwilling to work

                   = 300 million - 70 million - 80 million

                   = 150 million

Unemployment rate = \frac{Unemployed}{Labor\ force} \times100

                                 = \frac{14}{150} \times100

                                 = 9.3%

3 0
4 years ago
An increase in the real wage would result in a:________. a. shift of the labor demand curve, causing an increase in the number o
barxatty [35]

Option C

An increase in the real wage would result in a: movement along the labor demand curve, causing a decrease in the number of workers hired by the firm.

<u>Explanation:</u>

The wage rate is circumscribed by the crossing of supply and demand for labor. The demand curve depends on the marginal product of labor and the cost of the good labor originates.

A variation in the wage or payroll will end in a shift in the amount necessitated of labor. If the wage rate increases, organizations will require to hire fewer employees. The quantity of labor demanded will decline, and there will be a movement skyward on the demand curve.

5 0
3 years ago
Pls help !! I’ll mark the best one
kap26 [50]
Hahahaha basic its only letter a
7 0
3 years ago
The top management of Starbucks believes that the future growth in Starbucks lies in its growing presence outside the U.S. What
Natali [406]

Answer:

The main answer of this belief is that the us doesn't make enough profit so if they make more stores in different countries and not a block away from each other they could get more money.

5 0
3 years ago
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