Answer:
Would unregulated markets produce too much or too little of Good X and Good Y, compared to the efficient output levels for these products?
Explanation:
Good X: Too Little
Good Y: Too Much
A Standard Cost Variance is a difference between the actual cost incurred and the standard cost against which it is measured.
The main difference between normal costing and standard costing is that normal costing uses actual costs for material and direct labor costs, whereas standard costing uses predefined costs for these two items. That's it.
This difference between standard cost and actual cost is called variance. An unfavorable variance occurs if the actual cost is higher than the standard.
The main difference between marginal costing and standard costing is that marginal cost is a subset of standard cost and standard is a superset of marginal costing. Description: Standard costing is a costing method and there are two types of costing methods.
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Answer:
Enable them to be productive as well as effective leaders across different political and cultures systems.
Explanation:
Global perspective is something which someone could think regarding a situation as it related to the rest of the world or economy. It is that the person or an individual have a thinking or a perspective which relates to the world.
So, the managers with no operations of foreign of any type, still require a global perspective except which enable them to be productive leaders across the different cultures as well as political systems.
NOTE: Text is missing, but I am providing the direct answer.
Answer:
Ethnocentric
Explanation:
Ethnocentric pricing strategy requires for the price of a specific merchandise to be similar all over the world. When this method is practised by an organization, it renounces some prospects to set higher prices in nations where an inferior pricing is required.
<span>By posting a video on youtube, displaying an emergency response drill to a domestic terrorism situation, an emergency management agency succeeds in not only preparing first responders, but also in: </span>Promoting the need for inter-agency coordination
In most emergency training regarding terrorism, it is very common to display how to utilize the service of several organizations in order to leverage their services in Security, health, and monitoring.