1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
3 years ago
6

1. Why do companies frequently expand their business operations into other countries?

Business
1 answer:
fgiga [73]3 years ago
5 0

International business laws make it profitable for big businesses to operate in multiple countries.

Explanation:

1. Companies expand their operations to other countries when either <u>the production cost, labor cost or tax rates are lower in the other county </u>and makes overall business more profit.

2.<u> Other countries often provide tax exemptions to investors </u>to set up in their countries which is very profitable. It also opens new avenues and markets worldwide, attracting more clients and costumers.

3. <u>International business makes products from different parts of the world into the regular life of people in open market countries.</u>

You might be interested in
According to the Huff Gravity Model, the two factors which attract consumers to a store location are: travel time for customer t
azamat

Answer:

The correct answer would be option B, The attractiveness of the store's location and the time it takes to travel to the store.

Explanation:

According to the Huff Gravity Model, The two factors which attract customers to a store location are the attractiveness of that store's location and the time it takes to travel to the store.

This means that according to the Huff theory, people will likely to purchase from a store which is present at a more attractive location and also the time taken to reach at that specific store is less. For example, I myself prefer going to Lulu Hypermarket over Panda Hypermarket because of the difference in the location of both the stores and also Lulu Hypermarket is more near to me than Panda Hypermarket. The location of Lulu is more attractive.  

5 0
3 years ago
You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
Talja [164]

Answer:

mentor

Explanation:

According to my research on business roles and responsibilities, I can say that based on the information provided within the question  the president realizes that you are acting as a mentor to junior employees. This is defined as a person has an expertise in a certain area, and gives advice or trains another individual (usually younger than you). This is what you seem to be doing with the younger employees that gravitate towards you for advice.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Which one is NOT considered an universal virtue?
Juli2301 [7.4K]

Answer:

B - happiness

Explanation:

cause it's not a must for a person to be happy

5 0
2 years ago
Treasury bills are currently paying 7 percent and the inflation rate is 3.2 percent. a. What is the approximate real rate of int
FromTheMoon [43]

Answer:

The real risk free rate is 3.8%

The exact risk-free rate is 3.68%

Explanation:

The interest rate on the Treasury bills is usually a combination of real risk free rate and inflation rate to compensate investors for average inflation in the economy during the instrument lifetime which equals nominal risk-free rate.

nominal risk-free rate = real risk-free rate+inflation rate

nominal risk-free rate=7%

inflation rate=3.2%

real risk-free rate=7%-3.2%

real risk-free rate=3.8%

The exact real risk-free rate can be computed thus:

nominal rate+1=(real risk-free rate+1)*(inflation rate+1)

real risk-free rate=(nominal rate+1)/(inflation rate+1)-1

real risk free rate=(1.07/1.032)-1

real risk-free rate=0.036821705

real risk-free rate=3.68%

5 0
3 years ago
Sponsorship is an effective marketing strategy, particularly for sporting goods and recreational equipment.
Kitty [74]

Answer:true

Explanation: just took the test

5 0
3 years ago
Other questions:
  • Last year, T-bills returned 1.8 percent while your investment in large-company stocks earned an average of 5.8 percent. Which on
    13·1 answer
  • Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month
    10·1 answer
  • Directive leadership is thought to be less effective when employees have low levels of ability.
    10·1 answer
  • You must decline an employee's request to telecommute three days per week. Which of the following statements best explains why t
    9·1 answer
  • Tamika is a manager at Sleeveless Clothes, Inc. Recently, she was assigned a work team. She is in charge of the team, and it con
    14·1 answer
  • The Green Leaf Tea Company labels and categorizes its tea before distributing it to customers. The highest grades are referred t
    5·2 answers
  • A farmer plans to plant two crops, A and B. The cost of cultivating Crop A is $40/acre whereas the cost of cultivating Crop B is
    5·1 answer
  • What are the functions and duties of a commission agent?
    8·1 answer
  • Line Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Lia
    7·1 answer
  • Why are import and export two terms that are often involved in conversations about international trade or channel management? Ev
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!