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LuckyWell [14K]
4 years ago
7

While the lowering of trade barriers made globalization of markets and production a theoretical possibility, which of the follow

ing has made it a tangible reality?A: The advances in communication, information processing, and transportation technologiesB: The rise of communism and the need for independent economies on a global scaleC: The increasing diversity in consumer tastes and preferences worldwideD: The increasing differences in the material culture the world overE: The decreasing significance of the World Trade Organization
Business
1 answer:
fgiga [73]4 years ago
5 0

Answer:

Option (C) is correct.

Explanation:

Globalization has become a tangible reality because of the increase in the diversity of consumer preferences and tastes. When trade restrictions between the nations are relaxed then this will lead to more trade among the nations. This is all because of the dissimilarity in the preferences and tastes of the individuals.

Different individual demand different types of commodities. Hence, this will to globalization of markets and production level of the nations also increases.

This diversity in the consumer preferences and tastes and lower trade restrictions gives an incentive to the producers of the different countries to produce different types of commodities.

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Sholpan [36]

Answer:

A. 4500kgs

B. 15.4orders

(c)

The order size should be the economic order quantity which is computed as:

Q = (2.d.K / h)1/2 = sqrt(2*9000*20 / 0.03) = 3464.1 kg

(d)

If Q = 3000 kg,

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/3000)*20 + (3000/2)*0.03*12 = $1,260

(e)

If Q = EOQ = 3464.1 kg

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/3464.1)*20 + (3464.1/2)*0.03*12 = $1,247.1

(f)

If Q = 6,500 kg,

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/6500)*20 + (6500/2)*0.03*12 = $1,502.3

(g)

If Q = 20,000 kg,

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/20,000)*20 + (20,000/2)*0.03*12 = $3,708

So, per kg cost = 3708 / (9000*12) = $0.034

Explanation:

4 0
4 years ago
​Carey's Department Store had net sales of​ $20 million and cost of goods sold of $17.00 million for the year. The beginning inv
notsponge [240]

Answer:

The​ days' inventory​ outstanding was 107.35 days

Explanation:

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Days' inventory outstanding = (Average inventory / Cost of goods sold) x 365 days

In there,

Average inventory = (Beginning Inventory for the year + Ending Inventory for the year) /2

In ​Carey's Department Store,

Average inventory = ($4,000,000 + $6,000,000)/2 = $5,000,000

Days' inventory outstanding = ($5,000,000/$17,000,000)x365 = 107.35 days

5 0
3 years ago
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Lostsunrise [7]
ANSWER: CREDIT ACCOUNTS
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3 years ago
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An ordinary annuity selling at $4,947.11 today promises to make equal payments at the end of each year for the next eight years
Kryger [21]

Answer:

$812.49

Explanation:

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7 0
4 years ago
A ______ is a firm that produces the entire market supply of a particular good or service
shutvik [7]

the answer to ur question is industry


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4 years ago
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