Taxes are automatically withdrawn from paychecks.
When working with international firms, U.S businesses expect socially responsible behavior from their business partners.
<h3><u>Why do U.S businesses increasingly focus on international businesses?</u></h3>
American businesses are aware that doing business abroad will boost productivity and broaden their population, which will promote economic expansion. Since the beginning of time, there have been numerous international exchanges, and American businesses now recognize the advantages of offering their services abroad.
To cut costs, some US companies relocate abroad. To grow their business, other companies venture abroad. Many companies can successfully operate on a global scale.
You can learn more about international business using this link:
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Answer:
The correct answer are the option B and C: Foreign competition would wipe out domestic production and producers are driven by the profit motive to work against competition.
Explanation:
First of all, the huge companies, and that includes the foreign competition, will always wipe out the small ones and that situation will definitely impact in the domestic economy of a country by leaving without work to the other enterprises and their employees, also by increasing prices and obligating to the customers to buy them due to their power in the industry and more. That is why, government regulation is obviously needed in the free-market system because if there is not, then the leader organization will do as they please with the market.
Secondly, the companies are lucrative organization and therefore that the most important thing that they care about is to make money by producing goods or giving services to the community that need it. That is why, if there is not government then the most powerful companies would try to eliminate the small ones by taking all their consumers away.
The approach that you should use to accomplish this would be to use the cost feature along with the duration and the cost options.
What to do to crash a schedule
In order to crash a schedule you have to
- analyze the part
- identify the tasks which could be shortened
- Make calculations for each task
- Choose the project that would cost you the less money.
- Prepare the crash budget.
Read more on schedule crashing here:
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Answer:
A) decrease MPC, increase MPS, and decrease the multiplier so that changes in planned investment will have a smaller impact on equilibrium output.
Explanation:
When you receive money, e.g. get paid by your employer, the first thing you do is pay for your basic necessities which are classified as autonomous spending. Then hopefully you will have some money left which is classified as disposable income. You can do two things with your disposable income, either spend it or save it.
The proportion that you spend is called the marginal propensity to consume (MPC) and the remaining part that you save is called the marginal propensity to save (MPS). If the MPS was 1% in 2007 and increased to 5% in 2009, then the MPC was 0.99 in 2007 and 0.95 in 2009.
The formula to calculate the economic multiplier is 1 / MPS:
- the economic multiplier in 2007 = 1 / 1% = 100
- the economic multiplier in 2009 = 1 / 5% = 20
