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nirvana33 [79]
3 years ago
15

Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. inc

reasing loyalty of customers for products made domestically.c. declining returns from investment in research and development.d. higher product quality.
Business
1 answer:
Phantasy [73]3 years ago
7 0

Option D

Globalization has led to higher product quality

<u>Explanation:</u>

Globalization assigns to the unification of businesses in the global marketplace, heading to the enhanced interconnections of widespread markets. This notion performs production more efficiently, boosts financial germination, and drops the values of goods and aids, delivering them more affordable particularly for lower-income families.

Better quality and variety is one of the major consequences of this technique. The contestant from overseas urges firms to promote their goods. Purchasers have more qualified products and more options as a conclusion. This method not only makes new goods and manners, but also directs to increased productivity with quality, and ambitious pricing.

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Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union P
erma4kov [3.2K]

Answer and Explanation:

The computation of the asset turnover for all three companies is as follows:

<u>Particulars        YRC            UNP                CH </u>

Sales                4697500    19941000          13144413

Divided by

Average

total assets     1824700       55159000          3436058

Assets turnover  2.6                0.4                    3.8

4 0
3 years ago
Eunice buys a worm farm. She plans to sell a small carton of worms to people who want to fish for $3. Her fixed costs are $1,201
Evgesh-ka [11]

Answer:

C. 534  units

Explanation:

The formula to compute the break-even point is shown below:

= (Fixed cost) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $3 - $0.75

= $2.25

So, the break-even point would be

= $1,201 ÷ $2.25 per unit

= 534 units

Simply we divide the fixed cost by the contribution margin per unit so that the accurate units can come.

3 0
3 years ago
When making business changes in the short run, management sometimes gets locked in to certain costs arising from previous decisi
Jlenok [28]

Answer: This is the type of cost known as Sunk.

  • sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

  • A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.

  • The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.

3 0
3 years ago
Because consumers are generally more sensitive to price increases than to price decreases, it is easier to lose current customer
Illusion [34]

Answer:

True

Explanation:

When the price increases, more people will be unwilling to buy the product. However, simply lowering the price will not necessarily gain a large number of new customers.

7 0
3 years ago
In a rationing system, offering a landlord extra cash to guarantee the availability of an apartment is _____.
kicyunya [14]
Rationing system refers to the system of managed distribution of resources that are considered scarce. How this controls the distribution is by controlling the size of the ration. Therefore, if someone offers a landlord extra cash to make sure that the apartment would be guaranteed available is like performing business in the black market.
6 0
3 years ago
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