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coldgirl [10]
3 years ago
5

Intelligent Tool Corp. is planning to set up a production plant abroad. It has selected five potential countries based on their

population size, stage of economic development, labor costs, and access to world markets. Considering the connection between culture and competitive advantage, which of the following countries would be the best investment site for Intelligent Tool Corp?a. Country E, where education is undeveloped and there are seven major linguistic groups. b. Country C. where education is well developed and the society is characterize. c. Country D, where education is well-developed and the society is characterized by a marked stratification between the upper and lower classes. d. Country D, where education is undeveloped and there are two prevalent religions. e. Country B, where education is well-developed and social stratification is lacking. f. Country A, where there is one prevalent religion and the society is characterized by a marked stratification between the upper and lower classes.
Business
1 answer:
Alex_Xolod [135]3 years ago
5 0

Answer:

e. Country B, where education is well-developed and social stratification is lacking.

Explanation:

Country B will be the best option because the population is well-developed in terms of education, so there will be availability of skilled labour for the production plant.

Also lack of social stratification means there is no well-developed social stratification into upper, middle, and lower classes. Success will be due to individual achievement, so the people will be motivated to work hard and exploit the opportunity of growing in the new production plant.

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(05.01 MC) This quotation best supports which of the economic theories of John Maynard Keynes? A. Businesses and jobs rely most
tankabanditka [31]

Answer:

These two statements are correct:

A. Businesses and jobs rely most strongly on consumer demand.

B.Government regulation is necessary to stabilize the economy.

Explanation:

The first statement is correct because John Maynard Keynes that demand was the most important side of the economy, not supply. This is why his policies are sometimes referred to as "demand-side economics", while the policies of many of his detractors, such as Milton Friedman, are referred to as "supply-side economics".

The second statement is also correct because Keynes believed that a market economy was naturally subject to business cycles: cycles of boom and bust that could either benefit millions, or harm millions. Keynes thought that the government should regulate the economy in order to lessen the effect of those cycles.

5 0
3 years ago
Read 2 more answers
From past experience, the company has learned that 25% of a month’s sales are collected in the month of sale, another 60% are co
iragen [17]

Part of the Question:

Silver Company makes a product that is very popular as a Mother’s Day gift. Thus, peak sales occur in May of each year, as shown in the company’s sales budget for the second quarter given below:

                                                     April       May        June           Total

Budgeted sales (all on account) $310,000 $510,000 $160,000 $980,00

Answer:

1. A Schedule of Expected Cash Collections from Sales:

                                            April          May        June           Total for the

                                                                                                Quarter

25% sales month           $77,500    $127,500   $40,000     $245,000

60% 2nd month            222,000      186,000   306,000         714,000

15%  3rd month                51,000       55,500      46,500        153,000

Total cash collections $350,500  $369,000 $392,500     $1,112,000

2. Accounts Receivable balance on June 30th:

Total beginning balance      $328,500

Total quarter sales               $980,000

Total due from customers $1,308,500

Cash receipts for quarter    $1,112,000

Balance on June 30th          $196,500

Explanation:

a) Data and Calculations:

               Feb.         Mar.            April          May          June       Total for the

                                                                                                       Quarter

Sales   $340,000  $370,000 $310,000 $510,000  $160,000  $980,00

Cash:

25% sales month                    $77,500   $127,500   $40,000  $245,000

60% 2nd month     204,000  222,000     186,000   306,000     714,000

15%  3rd month                          51,000      55,500     46,500     153,000

Total cash collections          $350,500  $369,000 $392,500 $1,112,000

b) Account Receivable balance

April 1, Beginning balance       $51,000 from February

April 1, Beginning balance    $277,500 from March

Total beginning balance       $328,500

Total quarter sales                $980,000

Total due from customers $1,308,500

Cash receipts for quarter    $1,112,000

Balance on June 30th          $196,500

c)  The accounts receivable balance is the difference between the beginning balance of $328,500, the sales on account for the quarter of $1,308,500, and the cash receipts from customers for the quarter of $1,112,000.  This gives a balance of $196,500, which represents 75% of June sales of $120,000 and 15% of May Sales of $76,500.

4 0
3 years ago
Digital photography replacing film photography would be an example of a(n) _____. Group of answer choices radical innovation reg
Ratling [72]

Answer:

disruptive innovation.

Explanation:

A disruptive innovation can be defined as an innovation that typically creates a new market for a product by displacing or removing an existing product from the market.

Digital photography replacing film photography would be an example of a disruptive innovation.

4 0
3 years ago
An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a s
Ivenika [448]

An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.

<h3>What is inequality?</h3>

Inequality can be defined as the way in which  income or wealth are not distributed equally  in a society as some people earn more than others.

Hence, their is the presence of social inequality within a society if a  investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.

Learn more about inequality here:brainly.com/question/24143597

#SPJ1

5 0
1 year ago
Clean Tel, Inc. is considering investing in an 11-year project with annual cash inflows of $1,000,000. These cash inflows have a
cupoosta [38]

Answer:

d. 8%

Explanation:

The computation of the discount rate is shown below:

Initial investment = Present value of cash inflows

where,

Initial investment is $7,139,000

And, the present value of cash inflows

= Annual cash inflows × discount rate

We assume the discount rate be X

$7,139,000 = $1,000,000 × X

So,

X = 7139000 ÷ 1000000 = 7.139

= 8%

We simply applied the above formula in order to find out the discount rate

8 0
3 years ago
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