Economic classes refer to the position of people on the earning ladder. For Sarjit and Rhonda, the theory that classifies them into the same economic class is that of;
According to Karl Marx, there are two economic classes, namely, the bourgeoisie and the proletariat. The bourgeoisie are the rich and working-class members of society while the proletariats are the workers.
Given this classification, Sarjit and Rhonda belong to the same economic class of workers.
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Answer:
Letter d is correct. <u>They have a lot of energy.</u>
Explanation:
Entrepreneurs need to be high-energy people because they are naturally leaders in an organization and motivate employees.
The attitude that an entrepreneur adopts will usually be copied and transmitted in the organizational culture, but the ideal is that entrepreneurs prove to be high performance and energetic people, prepared to deal with the challenges and uncertainty that may occur in the organizational process, people who follow the line. the set of organizational ethics and policies.
The business posture is essential to cope with the daily pressures of running work systems.
Answer:
Part a. Manufacturing the goods at home and let overseas sales managers handle the marketing.
Advantages
- Can have a full authority in production activities.
- It is easy to set up a strategy and multiply the manufacturing.
- Having better regulator over human resources.
- The foreign sales agents will enhanced the understanding of European marketplaces.
- It lower the exit costs if product fails.
Disadvantages
- Having lack of information in European pharmaceutical procedures.
- The foreign agents may damage the brand name if not prudently handled.
- Additional costs in delivery of the products.
Part b. Manufacture the products at home and set up a wholly owned subsidiary in Europe to handle marketing.
Advantages
- Having full control in manufacturing activities.
- It is easy to set up a strategy and multiply the manufacturing.
- Having better regulator over human resources.
- The brand name will not be damaged since the marketing is controlled by the same company
Disadvantages
- Utilization of extra resources to be consumed on marketing
- Having lack of information in European pharmaceutical procedures.
- Additional costs in delivery of the products
- Having lack of information in European pharmaceutical procedures
Part c. Enter into a strategic alliance with a large European pharmaceutical firm. The product would be manufactured in Europe by the 50/50 joint venture and marketed by the European firm
Advantages
- The risk is distributed among the firms.
- No additional delivery cost included.
- Knowledge of European organization will be valuable in
- understanding guidelines and advertising in European markets.
Disadvantages
- Having less control in manufacturing activities
- Shared of the profit among the partners.
- Moderate level of exit cost is included.
- Additional firm may harm the brand image.
Answer:
a) Sub total of Kevin's order = $49.99
b) Total of Kevin's order = $62.99
Explanation:
In an invoice, the subtotal for a person's transaction of order is the sum of the item only without the addition of taxes, shipping, credit card fees(if they order and pay for the item online), discounts e.t.c
The total amount for the purchase of an order is the sum total which includes cost of the goods, discounts, taxes, shipping fees e.t.c.
For Kevin,
a) His Subtotal is the cost of his Base ball jacke × number of jackets
= $49.99 × 1
= $49.99
b) Total of Kevin's order
= Cost of his Base ball jacket + Shipping and Handling fee + Credit card fee
Shipping and Handling fee = $10.00 Credit card fee = $3.00
Total = $49.99 + $10.00 + $3.00
= $62.99
