I think it’s Option D
Society and it’s individuals have unlimited wants
Answer:
firms originate, produce, and market their products and services worldwide.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Some examples of international economic organizations involved in global economy and trade are;
World Trade Organization (WTO).
United Nations (UN).
International Monetary Fund (IMF).
Global competition exists when firms originate, produce, and market their products and services worldwide.
Answer:
76.3%
Explanation:
Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.
Gross profit margin = (gross profit ÷ net sales) * 100
Gross profit = $3,320
Net sales = $4,350
Gross profit margin = ($3,320÷$4,350) * 100
0.763 * 100 = 76.3%
Answer:
Benjamin manages the inventory at a textile company. He learns that the vendor has notified the company about the price of color dyes increasing substantially beginning the next month. What best practice should Benjamin follow to avoid buying the supplies at a higher price?
Benjamin should purchase and stock color dyes in the current month in order not to buy at a higher price the following month.
Explanation:
As an experienced inventory manager, Benjamin must as a matter of fact take advantage of such notification given to him by the vendor by purchasing and stock color dyes in the current month so that the company would avoid not to buy at a higher price in the next month. This rare available opportunity presents to the company would enable the company to make more profit because they would buy at a lesser price in the current month and sell at a higher price the next month when the price of dyes shoots up from the original price.
Answer: D. All of the above
Explanation:
Economic policies are the policies athat are out in place by the government in order to control economic activities.
These policies are used to reduce inflation, provide employment opportunities, increase standard of living, encourage economic growth etc.
If the government and Central Bank don't use economic policy, that s cs lead to inflation, increase in unemployment and fall in the GDP.
Therefore, the answer is option D
