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2 years ago

In two to four sentences, explain economies of scale.

1 answer:

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The reduction in long-run average and marginal costs arising from an increase in size of an operating unit (a factory or plant, for example). Economics of scale can be internal to an organization (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry).

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In terms of global business strategy, the governance of ________ firms has been likened to a federal structureâ "strong central

Leokris [45]

Answer: Transnational (multinational)

Explanation: A transnational firm is a multinational firm that operates across national boundaries. Global business strategy allows a firm's revenue to run across borders and these firms can then trade in worldwide markets. A global business strategy includes thinking in an integrated way with regards to all business related aspects, evaluating the goods and services that are produced and meeting global standards in not only the world markets but also the local markets. A multinational firm will also make use of a policy of dispersed production with centralised strategic management. All these factors can link multinational firms to federal structure.

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2 years ago

You're prepared to make monthly payments of $390, beginning at the end of this month, into an account that pays 7 percent intere

faust18 [17]

Answer:

$ 11,111,000

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8 0

2 years ago

On January 2, 2019, Kornis Corporation acquired equipment for $1,500,000. The estimated life of the equipment is 5 years or 90,0

tatiyna

Answer:

D) $600,000

Explanation:

The double-declining-balance method of depreciation = Depreciation factor x cost of asset

Depreciation factor = 2 x (1/useful life of the asset)

Depreciation factor = 2 / 5 = 0.4

Deprecation expense = 0.4 x $1,500,000 = $600,000

I hope my answer helps you

4 0

3 years ago

Read 2 more answers

In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc., applies his belief that all persons have fun

Nonamiya [84]

Answer:

b. the principle of rights.

Explanation:

Principle of rights in business considers if actions are ethical and how it will affect other's rights.

Principle of rights is a concept postulated by Immanuel Kant, and it is of the view that citizens trust the government to create favorable laws for their citizens. Government will not breach trust by drafting laws that will violate freedom of rights of the citizens.

The right intentions must be present when making decisions that affect people and their interest should not be violated.

Glenda believes everyone has fundamental human rights, and is practicing principle of rights.

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2 years ago

You work as an assistant coach on the university swim team and earn $13 per hour. One day, you decide to skip the hour-long prac

Olegator [25]

Answer:

The answer is: $22

Explanation:

In order to calculate the cost of skipping practice, we have to calculate the total sum of the deficit incurred within the period, and this includes the money that would have been earned during that hour of practice if it had been attended (opportunity cost of time), and the admission fee into the carnival. This calculation is shown below:

Opportunity cost of time = $13

cost of admission into carnival = $9

Total cost of skipping practice = opportunity cost of time + cost of admission into carnival

= 13 + 9 = $22

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2 years ago