Answer:
Multinational enterprises (MNEs)
Relationship Change as the MNE moves from Globalization 2.0 to Globalization 3.0 operations:
This move means that Indian and Chinese companies would be competing with my local small firm. The MNE may be looking for cheaper prices for my company's products and services, which the Indian and Chinese companies would more efficiently supply it. My firm may be on the precipice of liquidating if this MNE is our major customer. My firm must move fast to become more competitive by differentiating our products and services with better quality and perhaps reduced production costs, to enable it compete more favorably with the Indian and Chinese competitors. Otherwise, we may regard the relationship as nearing its end and prepare for other opportunities with other companies.
Explanation:
Globalization reduces national boundaries by integrating national economies into a globalized economy, thus enabling companies to compete globally for financial resources, goods, and services. When Globalization 1.0 happened, countries were globalized and the world became a global village. When Globalization 2.0 from which the G7 profited largely, companies were globalized. With the current Globalization 3.0, individuals are being globalized, and the highest beneficiaries are Indian and Chinese nationals who appear better prepared to take on the world, garner most of the important resources to themselves, and call the shots from the boardrooms. An example is Microsoft's current CEO, Satya Nadella, who is an Indian-American.
Using the allowance method, is bad debt expense recognized in the period in which sales related to the uncollectible account are made.
One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.
Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.
Learn more about bad debts here
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Answer:
Process capability evaluation allows us to:
a. check customer requirements against what a process is able to achieve.
Explanation:
Process capability evaluation involves the set of tools used to analyze the performance of a given process against desired specifications. This means that it measures how well a process performs against targets. There are different measures of process capability. For example, Sigma Six is used as a process capability evaluation. Process capability index is also used to evaluate a process' capability, where the upper and lower limits are measured.
Answer:
a measurable goal
Explanation:
A measurable goal is a part of the S.M.A.R.T goals that brings structure and trackability into your goals and objective.
By greeting and possibly knowing customers names the services marketing manager can to be able to attract more customers not just by understanding what the customer needs but being able to relate available product or services to them.
By so doing the service marketing manager can be able to measure what exactly he/she has achieved after providing the required service to the customer
