The correct option is this: TO OFFER PRODUCTS AT LOWER PRICES, MANUFACTURERS MOVE THEIR PLANTS TO FOREIGN COUNTRIES WHERE LABOUR IS CHEAP LEAVING AMERICANS OUT OF A JOB.
The major reason for operating a business is to make profits. No matter the prices at which products are sold in the market, manufacturers usually ensure that they make some profits because that is the only way they can remain in business. Thus, in a situation where the prices of product is very low, manufacturers will look for means of cutting costs so that they can make some profits. That is why a company will prefer to move to a place where it can get cheaper labor for its products.<span />
Answer:
Hackers probably and even if only one person leaks something, it'll travel fast.
Explanation:
Answer:
It is a relatively easy method to apply.
Explanation:
When accounting for a subsidiary, equity method is followed, whenever the shareholding percentage is equal or more than 20%.
But here, the parent company uses, initial value method for internal reporting.
Under initial value method the value of investment in subsidiary is recorded at cost, and then adjusted at year end at fair value, this clearly shows the gain or loss at each year end from such investment as per market norms.
There is no statutory requirement to follow such initial value method for internal reporting.
The correct reason therefore, is:
It is a relatively easy method to apply.
Answer: e) lower wage costs
Explanation: Reduction in the size of the workforce always have an immediate positive result or outcome in the case of lower wage costs. Companies who tend to cut employees and don't restructure experience stress reactions among their employees that can lead to increased sickness absences, lower concentration on the job, and lower creativity. But reduction in wages tend to have positive effects on the company.
The vision of an organization is vital for any organization but it is almost unachievable and majority of organizational visions fails in it as they are rational, time-bound and highly impersonal.
<h3>Why is a vision important to any organization?</h3>
A vision is really important for any organization because it serves as a strategic plan for success.
Vision provides the focus and direction, that helps to align everyone with the organization in order to achieve the desired goal.
It helps to increase efficiency and productivity in the organization.
Learn more about the vision of an organization here:-
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