Describing the differences among ethnocentric, polycentric, regiocentric, and geocentric management orientations. We can explain them as follows.
In an ethnocentric management orientation, domestic enterprises or organizations think that their domestic activities or practices within the domestic area influence the domestic market. In this situation, the management teams are frequently transferred from their hometown or place of origin to a new site or a foreign nation.
The approach known as polycentric management orientation is one in which companies and organizations think there is always a distinctive strategy in every global market. This entails hiring and advancing suitable people from the same nation or region that the company works in. It primarily aims to lower hiring costs.
On the other side, the huge multinational firms that tend to construct groups of nations or regions where their branches are located and then develop policies and strategies that would only be relevant in those nations or regions are known as "regiocentric management orientation."
Contrary to the polycentric method, firms and organizations using geocentric management operations hire personnel from all over the world. KFC frequently adopts this stance.
Hence, differences among them have been explained above.
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Answer: 871 units
Explanation: Ending inventory is the amount of inventory a company hazs at the end of a specific period, generally at the end of the year.
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The number of units in ending inventory can be calculated using following formula :-
Ending inventory = Inventory in hand + inventory ready for sale + invnetory sent on consignment - damaged units
Ending inventory = 700 + 100 + 100 - 29
= 871 units
The practice that sees the contractor using outside suppliers to build homes is known as <u>Importing</u>.
<h3>What is importing?</h3>
This refers to when goods are acquired from outside the nation for reasons such as the goods being cheaper and more available.
Truss Above is engaged in importing when it buys goods from outside suppliers and then uses it in the United States.
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Answer: 48%
Explanation:
Based on the information given, the average rate of return will be:
= (Average return) / (Average Investment) x 100
where, average return will be:
= ($240000 × 4)/4
= $240000
Then, annual averay rate of return will be:
= $240000/$500000 × 100
= 48%
C. expected profit margins
the mission statement provides information about the company as to who, why and how they plan to operate
