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3 years ago

- fair trade is the unrestricted exchange of goods among nations? true or false

1 answer:

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Fair trade is a social movement whose stated goal is to help producers in developing countries achieve better trading conditions and to promote sustainable farming. Members of the movement advocate the payment of higher prices to exporters, as well as improved social and environmental standards.

Free trade is the unrestricted exchange of goods among nations.

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When an sbu has become a _____________, it is essential to either invest in it heavily to gain better market share, acquire comp

VladimirAG [237]

Answer:

problem child

Explanation:

A problem child is a business-related term that is used to describe a situation in which there is a form of low market share but in an increasing and quick thriving enterprise or industry at large.

Hence, in this situation, the correct answer is a PROBLEM CHILD.

Given that when an SBU has become a PROBLEM CHILD, it is essential to either invest in it heavily to gain better market share, acquire competitors to get the necessary market share, reposition its products, or drop it.

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3 years ago

Blasto, Inc., operates several mines. At one, a typical batch of ore run through the plant yields three products: lead, copper,

natali 33 [55]

Answer:

for lead = $ 43,000

for copper = $ 107500

for manganese = $ 63855

Explanation:

Given:

joint cost of processing the raw ore = $ 215,000 per batch

For lead,

Selling cost = $ 62,000

Processing cost = $ 23,000

thus,

the net realizable value = $ 62,000 - $ 23,000 = $ 39,000

also,

For copper,

Selling cost = $ 113,000

Processing cost = $ 15,500

thus,

the net realizable value = $ 113,000 - $ 15,500 = $ 97,500

also,

For manganese,

Selling cost = $ 71,000

Processing cost = $ 12,500

thus,

the net realizable value = $ 71,000 - $ 12,500 = $ 58,500

Now,

the total net realizable value = $ 39,000 + $ 97,500 + $ 58,500

= $ 195,000

therefore,

the allocation weight = ( Net realizable value for the product ) / ( total net realizable value )

thus,

For lead, = $ 39,000 / $ 195,000 = 0.2

For copper = $ 97500 / $ 195,000 = 0.5

For manganese = $ 58000 / $ 195,000 = 0.297

hence, the cost allocation for the respective products will be calculated as

= the allocation weight × joint costs of processing

thus, for lead = 0.2 × $215,000 = $ 43,000

for copper = 0.5 × $215,000 = $ 107500

for manganese = 0.297 × $215,000 = $ 63855

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3 years ago

Planet Earth Developers is a large nationwide construction company with home offices in Lansing, MI. The local media often remar

san4es73 [151]

Answer: Planet Paul understands even though it cost a little more, the stakeholder considerations are important if one want their business to thrive.

Explanation:

The value of stakeholders to organizations cannot be underappreciated. Stakeholders are the individuals that are interested in ones company and gives ones business both financial and practical support.

Stakeholders include investors, employees, loyal customers etc. Based on the above question, Planet Paul understands even though it cost a little more, the stakeholder considerations are important if one want their business to succeed.

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3 years ago

Equipment that cost $660,000 and has accumulated depreciation of $300,000 is exchanged for equipment with a fair value of $480,0

amid [387]

Answer:

$240,000

Explanation:

The computation of the gain to be recognized is shown below:

= Total Exchange value - net value

where,

Total exchange value equals to

= Fair value of equipment + cash received

= $480,000 + $120,000

=$600,000

And, the net value would be

= Estimated cost - accumulated depreciation

= $660,000 - $300,000

= $360,000

ow put these values to the above formula

So, the value would be equal to

= $600,000 - $360,000

= $240,000

7 0

3 years ago

For effective internal control, the purchasing manager generally should:

grin007 [14]

Answer:

C) Be responsible for negotiating terms with vendors.

Explanation:

In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.

For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.

6 0

3 years ago