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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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In which of the following situations would the minimum efficient scale of operation provide little or no guidance regarding how
son4ous [18]

Answer:

When the LARC (Long Run Average Cost) curve slopes downward over the relevant or material range of the output

Explanation:

LRAC stands for Long Run Average Cost, is that curve which represents the average cost, in the long period for producing a given or stated quantity of the output.

So, the one situation which will minimize the efficient scale of operation provide no guidance is when the LARC curve is downward sloping over the material range of the output. It states that the market should be served by a single firm in order to minimize the aggregate cost of the production.

5 0
3 years ago
Which of the following statements is TRUE of payback​ period? A. If the payback period is greater than the maximum acceptable pa
Firdavs [7]

Answer:B. If the payback period is less than the maximum acceptable payback​ period, accept the project.

Explanation:

The payback period measures if a capital investment is profitable.

The payback period measures how long it takes to recover the amount invested in a capital project. It calculates how long it takes for the cash flows generated from a capital project to be equal to the cost.

For example if a project costs $10,000. It cash flows in year 1,2,3 and 4 are $5000, $3000, $2000, $6000. The payback period is 3 years. If the company has a maximum acceptable payback period of 2 years, then the company won't take on the project because its payback period is more than the maximum acceptable payback period.

If the company has a maximum acceptable payback period of 4 years, then the company would take on the project because its payback period is less than the maximum acceptable payback period.

7 0
3 years ago
Stan and Heidi are married and both have careers in business. If one of the two were todie, there would be a sudden drop in inco
alex41 [277]

Answer:

Life insurance.

Explanation:

Life insurance is defined as a contract that is raised between an individual and an insurance company that guarantees the payment of a particular amount tonthe individual's beneficiary in the case of death. The insurance policy requires premium to be paid on agreed intervals.

Stan and Heidi are both having caterers in business, and death of one of them will lead to decreased income.

To guard against this the couple can purchase a life insurance that will pay beneficiary a guaranteed sum in case of death of one of the partners.

This will ensure there is no sudden drop in their income.

4 0
3 years ago
uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost for
OLga [1]

Answer:

$11,026 Favorable

Explanation:

The computation of the  spending variance for plane operating costs in November is shown below:

= Budgeted cost -  Actual cost

= [(84 × $3,160) + (252 × $18) + $593,00] - $318,250

= $329,276 - $318,250

= $11,026 Favorable

5 0
3 years ago
How long would it take for the price level to double if inflation persisted at the following percentages?
Alekssandra [29.7K]

Answer:

inflation rate = 17.5 percent per year  ⇒ it will take 4 years to double

inflation rate =  35 percent per year  ⇒ it will take 2 years to double

inflation rate =  3.5 percent per year ⇒ it will take 20 years to double

Explanation:

we can use the rule of 70 to determine the amount of time it would take the general price level to double.

the rule of 70 is a simple way we can use to estimate the number of years it will take an investment to double given a certain growth rate.

70 / 17.5 =  4 years

70 / 35 =  2 years

70 /  3.5 = 20 years  

3 0
3 years ago
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