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3 years ago

Lowering the costs is one of the objectives of the production and logistics function of an international firm. true or false

1 answer:

6 0

Answer: True. Lowering the costs is one of the objectives of the production and logistics function of an international firm.

Explanation: Lowering costs is an objective for many firms international and domestic. As costs are lower, more money is able to be stored as profit and revenue. With international firms having the added costs of importing and exporting, the lower the costs, the better off they are.

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How did the paleolithic people came to know about fire<br><br>very short

Mekhanik [1.2K]

Answer:

There are multiple theories, nobody can be 100 percent sure how but here are 2 main theories:

Explanation:

-Lightning strikes a nearby tree, which catches fire. Frightened but inspired, these cavemen venture out, bring burning sticks back into their cave and learn to use fire.

-They may have used pieces of flint stones banged together to created sparks. They may have rubbed two sticks together generating enough heat to start a blaze.

6 0

3 years ago

Osion Electronics Inc. incurs a cost of $350 to produce one unit of a cell phone. The company's management has priced the produc

Vsevolod [243]

Answer:

The economic value establish in this case is $450

Explanation:

Economic value is the term which is defined as the computation of the profits an asset has either manufactured or might produce in the future. It is that measure of the product or service benefit provide the economic agent.

For computing the economic value as:

EV (Economic value) = (Actual rate of return - Cost of Capital) × Net Investment

where

Actual rate of return is $800

Cost of capital is $350

Net Investment is nil

Putting the values above:

EV = $800 - $350

EV = $450

7 0

3 years ago

The open-economy macroeconomic model examines the determination of a. unemployment and the exchange rate. b. the output growth r

Andrei [34K]

Answer:

c. the trade balance and the exchange rate.

Explanation:

An Open Economy is an economy that allows the free inflow and outflow of goods, services, capital and people. The opposite of a closed economy.

What sets these two models apart is that in an open economy, both imports and exports are allowed, so that countries necessarily have to trade in more than one currency, so the exchange rate must be examined. In addition, business transactions are recorded in a balance of payments. So these are the two concepts that are not tried in a closed economy analysis, but are introduced in an open economy.

3 0

3 years ago

After September 11, 2001, the federal government increased military spending on wars in Iraq and Afghanistan. Is this increase

otez555 [7]

Answer:

Explanation:

Although the Fiscal policy includes the detail of government revenue collection and its spending and military budget is allocated in the budget as part of the policy, however after the incident of 9/11, the increase in military spending (including spending on wars in Iraq and Afghanistan) was designed to achieve homeland security objectives.

White House designated the Office of Homeland Security to oversee and coordinate a comprehensive national strategy to safeguard the country against terrorism and respond to any future attacks.

4 0

3 years ago

The following table shows data for nominal GDP and the GDP deflator (2010 = 100) in 2013 and 2014 for six major industrial count

dolphi86 [110]

1. United States : 2013 real GDP 15,779.54, 2014 : 16,152.7

2. Canada : 2013 real GDP 1,738.66, 2014 : 1,781.96

3. Japan : 2013 real GDP 464,321.4, 2014 : 495,576.9

4. Italy: 2013 real GDP 1,549.08, 2014 : 1,539.33

5. Australia : 2013 real GDP : 1,473.74, 2014: 1,512.09

6. United Kingdom : 2013 real GDP : 1,642.37, 2014: 1,690.09

Inflation rate:

1. United States: 1.7%

2. Canada: 2.6%

3. Japan: 1.6%

4. italy: 1.0%

5. Australia: 0.28 %

6. United Kingdom: 1.62 %

5 0

3 years ago