1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mina [271]
3 years ago
15

Philips, a multinational electronics corporation based in the Netherlands and diversified in the consumer electronics, domestic

appliance, lighting, medical systems and medical technology industries would encounter the following forces of local responsiveness:a. Cultural differences, government demands, and economies of scopeb. Cultural differences, government demands and factor costsc. Cultural differences, government demands, and local competitorsd. Cultural differences, government demands, and increasingly liberalized trade environments
Business
1 answer:
Mekhanik [1.2K]3 years ago
4 0

Answer:

c. Cultural differences, government demands, and local competitors

Explanation:

Philips organization is multinational organization and it encounters the forces of local responsiveness as follows:

Cultural differences: As it is selling electronics it will remove cultural differences as that arise, because each person irrespective of its culture will use electronics.

Government demands of the country in which the organization is set up has to be met in order to thrive and find extra support from government.

As the company is an outsider to the states it needs to evaluate the local competitors properly in order to thrive and lead in the state of Netherlands.

You might be interested in
Sanjay has three children and is starting a new company. He is looking down the road to a future time when his children are grow
KATRIN_1 [288]

Answer:

The correct answer is letter "D": What is the best business entity and structure setup for continuity and transferability?

Explanation:

If an investor is considering to start a new business and thinking about how his children will continue with the company after his or her pass away, the factors to be considered are the<em> type of entity</em> that could be more convenient for his children according to their interests and the <em>transferability </em>of the organization upon the decease of the original owner.

Types of entities refer to the structure the firm will take and the responsibility the owners will take. We could identify sole proprietorships, partnerships, Limited Liability Companies (LLCs), and corporations to mention a few.

When it comes to transferability, for instance, in sole proprietorships, partnerships, and LLCs that cannot be done upon the death of an owner. For such a case a new organization has to be born. That situation does not happen in corporations since ownership can be transferred by the purchase of stocks and the entity remains the same.

4 0
3 years ago
1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common sto
Sindrei [870]

Answer:

Part A:

August 1:

Cash                                               $6,500

Photography equipment               $$33,500

Madison Harris Capital                                                          $40,000

August 2:

Prepaid Insurance                          $2,100

Cash                                                                                        $2,100

August 5:

Office Supplies                               $880

Cash                                                                                        $880

August 20:

Cash                                                 $3,331

Photography fees earned                                                      $3,331

August 31:

Utilities expense                              $675

Cash                                                                                         $675

Total                                                 $46,986                          $46,986  

Part B:

Amount                              Debit($)                Credit($)

Cash                                   6,176

Office Supplies                 880

Prepaid Insurance            2,100

Photography Equipment 33,500

M.Harris Capital                                                 40,000

Photography Fee earned                                  3,331

Utilities Expense                675

Total                                     43,331                     43,331

Explanation:

Journal Entries:

It helps the company or firm to put all its transactions ion one sheet as debit and credit to keep track of its financial transactions. At the end total debit is equal to total credit.

Below are journal entries of above Transactions:

Amount                                          Debit                                Credit

August 1:

Cash                                               $6,500

Photography equipment               $$33,500

Madison Harris Capital                                                          $40,000

August 2:

Prepaid Insurance                          $2,100

Cash                                                                                        $2,100

August 5:

Office Supplies                               $880

Cash                                                                                        $880

August 20:

Cash                                                 $3,331

Photography fees earned                                                      $3,331

August 31:

Utilities expense                              $675

Cash                                                                                         $675

Total                                                 $46,986                          $46,986  

Part B:

From Above Entries we can find the cash at the end:

Ending Cash=Total Debit Cash- Total Credit Cash

Ending Cash=(6,500+3,331)-(2,100+880+675)

Ending Cash=$6176

Preparing Trial Balance:

Amount                              Debit($)                Credit($)

Cash                                   6,176

Office Supplies                 880

Prepaid Insurance            2,100

Photography Equipment 33,500

M.Harris Capital                                                 40,000

Photography Fee earned                                  3,331

Utilities Expense                675

Total                                     43,331                     43,331

3 0
3 years ago
The owner of Second Avenue wants to establish a community clothing drive to collect clothes for a local children's shelter. The
Aleks [24]

Answer: A. Public affairs

Explanation: Public affairs have developed over time and is consider a sub discipline or branch of public relation (PR). It is the building of relationship and development between an organization and government, politician and other decision makers.

The owner of second avenue setting up a community clothing drive to collects for local children's shelter, his using "public affairs " tools a branch of public relationship.

8 0
3 years ago
Read 2 more answers
Assume the U.S. dollar and the Canadian dollar are traded in flexible currency markets.
erica [24]

Answer:

B. Higher interest rates in the United States relative to Canada.

D. Decreasing GDP in the United States than in Canada.

Explanation: A flexible currency market is market where the exchange rate is determined by some economic factors which includes

High interest rate- if the interest rate on the United States is higher than that in Canada most investors will be moved to Borrow money from Canada instead of Borrowing from United States leading to reduced demand for The United States dollar which will lead to depreciation of the United States Dollar.

Decreasing GDP- when the gross domestic product of the United States economy decreases the general productivity level in the United States is decreased which will discourage foreign investors from investing in the United States leading to reduced demand for the United States Dollar.

7 0
4 years ago
Why is saving, spending and investing important? long summary
grandymaker [24]
Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.

Hope this helps
3 0
3 years ago
Other questions:
  • "scuba diving." marcy invented a new type of mask that was not subject to fogging for scuba divers and obtained a patent on it.
    10·1 answer
  • True or False: Using specific position titles in ICS helps to describe the responsibilities of the position.
    5·2 answers
  • When a project team member is not performing, rewards may not prove as effective as a coercive approach that threatens the team
    10·1 answer
  • Which of the following statements accurately represents equity theory? equity causes people to doubt their capabilities. equity
    13·2 answers
  • I have a 24×52 mobile home how many boxes of vinyl sliding will it take
    10·1 answer
  • Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processe
    8·1 answer
  • At what phase should security planning begin in a conceptual and proposed "from the start" international acquisition program?
    7·1 answer
  • MC Qu. 94 A company uses a process... A company uses a process costing system. Its Assembly Department's beginning inventory con
    6·1 answer
  • Suppose the consumer price index in 2010 was 100 and its corresponding basket of goods was $23,000. if that same basket of goods
    9·1 answer
  • If the same person served on the boards of directors of competing firms, she would be participating in:____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!