Answer:
The correct answer is letter "C": international.
Explanation:
International business strategies are the systems used to plan and implement a series of actions driven to compete and place a company in the international market. The process implies analyzing and evaluating the target market, implementing the organization's operations abroad using innovative technology and strategies, and monitoring the results. At this stage, firms tend not to be worried about production costs until the entry of competitors.
Answer:
Long term debt requires a payout of cash within a stated time period.
Explanation:
When entering into a long term debt, there are terms and conditions like interest to be charged and payment terms so obviously there is an expected cash payout to repay the debt at a stated time period.
Answer:
Strategic sourcing
Explanation:
Strategic sourcing is a process that is part of the supply chain management in which the organization analyzes and reviews its procurement activities and from that, makes improvements to these activities to add more value. According to this, the answer is that strategic sourcing involves an increased focus on identifying and using data internally and across a supply chain so that a company can consolidate its purchasing power for enhanced value.
Answer:
21,000 units
Explanation:
Prepare a reconciliation of physical units
<u>Inputs :</u>
Beginning Work In Process Units 5,000
Units Started during the period (<em>Balancing figure</em>) 21,000
Total 26,000
<u>Outputs :</u>
Completed and transferred out units 22,000
Ending Work In Process Units 4,000
Total 26,000
Conclusion :
Thus, number units started during November in the department was: 21,000 units
Answer:
Which of the following is typically the case for companies that operate in product markets where there is relatively little competition from other companies?
C) higher wages and higher profits
Explanation:
A situation where different organizations are striving to sell the same product is known as competitive markets. When the number of companies selling the same product is small, then we can say that the market has little competition from other companies. A market that has little to no competition has the following qualities;
1. Reduced efficiency
In a market where companies operating in a market have little competition, the efficiency in terms of processing time, and overall quality of finished products is very low since the demand for products is guaranteed whether the product is of high quality or not. The customers have no other choice but to buy from them.
2. Higher profits
In markets that there is little competition, the companies are always few. This means that the market share per company is relatively bigger than other markets. Bigger market shares translates to increases sales, thus higher profit margins.
3. Higher wages
Companies that have higher profits as a result of bigger market shares tend to pay their employees higher wages since the available disposable income is high.
