Answer:
A) True
Explanation:
If a firm wants to expand globally, and enjoy an important market share in different countries, it should consider contract manufacturing.
Contract manufacturing simply consists in outsourcing part of the manufacturing process to a third party in another country. Most big companies in the world make use of contract manufacturing to expand, and take advantage of comparative advantages in other nations (for example, lower labor or raw materials costs).
Answer: Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure while a task contingency is a task that is carried out in the event of failure of another task.
Explanation:
Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure. Managerial contingency uses risk assessment and its aim is to identify threats and vulnerabilities and implement countermeasures to avoid an incident or curtail its impact in case it happens. Planning for disaster recovery and operational continuity and are vital components of managerial contingency.
For task contingency, it has to do with a task to be accomplished in the event of another task when the other task cannot be completed successfully. Every task has at most one, specific and unique contingency that is pre-planned. A task contingency then has its own contingency to be done in the event of failure.
Answer:
Correct answer is (C) The price and output of plumbing services will rise
Explanation:
In a monopolistic market if the service or commodity is initially in long-run equilibrium, and then there is an increase in demand, then, there will increase in price in a short run as people demands more and the provider of the service or the producer of the goods will tend to provide or produce more.
If projects are mutually exclusive, only one project can be chosen. The internal rate of return (IRR) and the net present value (NPV) methods will not always choose the same project. If the crossover rate on the NPV profile is below the horizontal axis, the methods will _<em>always_</em> agree.
NPV is the abbreviation of Net present value which is a financial metric that seeks to capture the total value of an investment opportunity.
For mutually exclusive projects, if the IRR or internal rate of return is greater than the cost of capital, you accept the project. If it is less than the cost of capital, then you reject the project.
Also, If projects are mutually exclusive, accept the one with the highest IRR or internal rate of return by assuming it is above the hurdle rate.
Therefore, the answer is always.
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Answer:
1) Prompt Submission of invoice
2) Removal of unnecessary assets
3) Bargain for a longer payment period
Explanation:
Current ratio measures the capability of a business or organisation to meet up to its short-term obligations that are due within a period of one year.
Conditions in which a company can increase its current ratio at the end of their accounting period include:
A) Prompt invoice submission:
Invoice should be submitted early to the customers. The more your accounts receivables increase and the quicker money is derived from your sales,the better your current ratio be and you will have much more money.
B) Removal of unnecessary assets:
All business has unproductive assets. Resources that are just lying there and wasting,resources that is not earning anything. It is advisable to dispose them off since they are not adding to your income.
C) Bargain for longer payment period:
Try and negotiate for a longer payment periods with your vendors and ask if you can be given discounts.
