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fomenos
3 years ago
14

Which of the following characteristics distinguish a multinational corporation? a. Top management is expected to take a global p

erspective. b. The corporation is controlled by a single management authority. c. It is managed as an integrated worldwide business system. d. All of these e. Top management is expected to take a global perspective and The corporation is controlled by a single management authority only
Business
1 answer:
Lemur [1.5K]3 years ago
5 0

Answer: The correct answer is "d. All of these".

Explanation: All are characteristics of a multinational corporation. Since a multinational company is one that is not only established in its country of origin, but also established in other countries to carry out its commercial activities both for sale and purchase and production in the countries where they have been established.

a. Top management is expected to take a global perspective. - With a global perspective we mean that the top management must develop its strategies taking into account socioeconomic factors not only of the country where they belong but of the world, since in a multinational company it could affect externalities that occur in any part of the world.

b.The corporation is controlled by a single management authority. - Despite being a multinational company, there must be only one administrative authority that allows a clearer vision of the future of the company and establishes the objectives of long, medium and short term.

C. It is managed as an integrated worldwide business system. - Being a company located in many countries to be managed in an efficient way that maximizes benefits should be managed as an integrated worldwide business system that allows obtaining relevant data for decision making.

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The opportunity cost of doing or getting something is best and fully defined as:
Marysya12 [62]

Answer: The correct answer is C. The value of the best alternative that is given up in order to do or get something.

Explanation: Opportunity cost literally means alternative thing forgone - meaning what is given up to get something <em>(sacrifice</em>). It is a concept used by economists to allocate limited resources for production, consumption, distribution and exchange of goods and services. Production of goods or services entails the creation of value. In other words, it gives a more understanding on how limited resources are allocated in order to satisfy the human insatiable desires.

For example, a student may be constrained with limited amount of pocket money, say $100 and the student wants to buy textbooks that cost $10 each or go for different outings going for $20 each. In this scenario, the student has different options: a) buy 10 textbooks and 0 outing b) buy 8 textbooks and a outing c) 6 textbooks and two outings d) 4 textbooks and three outings e) 0 textbooks and five outings. For the student to have any more of the other, he has to give up the other unit. What is given up is called opportunity cost.

6 0
3 years ago
Information on Wolfen Company's direct labor costs for the month of January follows: Actual direct labor rate $5.00 Standard dir
xeze [42]

Answer:

Standard Rate = $ 5.65

Explanation:

Wolfen Company

Actual direct labor rate $5.00

Standard direct labor hours allowed 11,000

Actual direct labor hours 10,000

Direct labor rate favorable $6,500

Using formula to find the unknown figure

Direct Labor Rate variance =   Actual Hours ( Standard Rate-Actual Rate)

$6,500= 10,000( Standard Rate-5)

$6,500/10,000 =  (Standard Rate-5)

0.65+ 5=Standard Rate

Standard Rate=5+0.65= $ 5.65

We can check by putting it in another formula

Direct Labor Rate variance=  (actual hours * standard rate)-(actual hours* actual rate)

$6,500=(10,000*Standard Rate)-( 10,000 *5.0)

$6,500= (10,000*5.65)-( 10,000 *5.0)

$6,500= (56,500)-( 50,000 )

$6,500=$6,500  (favorable) when standard price is higher than actual price

3 0
3 years ago
The manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating diffe
umka2103 [35]

Answer: Human factor research

Explanation:

From the question, we are informed that a manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating different aspects of the environment in the bank to see what effect each has on the tellers' performance.

We are further told that he examined factors such as the lighting, temperature, and the volume of the music playing in the bank.

He's using the human factor research approach. Here, the capabilities of human beings are determined through strength, vision, flexibility etc.

3 0
3 years ago
Tuller wants to start a commercial trucking business and also wants to form his own limited liability company (LLC). Tuller, as
sweet-ann [11.9K]

Answer:

d, all states, as no state requires at least two members to create an LLC

Explanation:

The requisite of two members to create an LLC was removed from all states in the USA. Now, all states allow a single-member LLC. Massachussets was the last one to eliminate that requisite in 2003.

Maybe this change in laws was because owners cheated on that requisite by placing as the two members (owners) a man and his wife, or a woman and her husband, or some other person (in direct relation with the owner) which was just placing the name but the company actually belonged to only one member.

4 0
3 years ago
Which best describes the types of indicators that the HDI measures?
dolphi86 [110]

Answer:

O social and economic indicators

Explanation:

The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.

The HDI  makes comparisons between countries by analyzing components such as average annual income and educational achievements.

5 0
3 years ago
Read 2 more answers
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