When a company engages in maximizing local profit or minimizing cost in a supply chain, this can best be described as local optimization.
<h3>What is local optimization?</h3>
This refers to a when a company acts to gain competitive advantage in a local supply chain.
To do this, the company would need to maximize the profits it gets locally while minimizing the costs of running a supply chain.
When this happens, the company can be said to have achieved local optimization because they have found the optimal solution to getting more profit at less cost in the local area that they were focusing on.
In conclusion, this is local optimization.
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An ethical dilemma is a difficult situation in which an individual is unable to make a decision, due to moral conflicts. Picking one solution would mean undermining another.
I believe the answer to your question is A.
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Answer: Option (1) is correct.
Explanation:
If the interest rate in a home country is lower than the U.S rate of interest then the government and firms of home country won't demand for U.S. funds as it will become expensive for the corporations to borrow funds from U.S. at such a higher rate. Hence, less demand for U.S funds.
There is an inverse relationship between the U.S. interest rate and foreign demand for U.S. funds. If there is an increase in the U.S. interest rate as a result foreign demand for U.S. funds decrease. As it will be not affordable for the borrowers to take funds at a higher rates.
Explanation:
The adjusting journal entry is presented below:
On September 30
Unearned ticket revenue A/c Dr $75,000
To Ticket revenue A/c $75,000
(Being the unearned ticked revenue is recorded)
The computation is shown below:
= Season tickets sale value × number of games ÷ given number of gains
= $200,000 × 3 games ÷ 8 games
= $75,000
Most loan officers need a bachelor’s degree and receive on-the-job training. Mortgage loan officers must be licensed. Loan officers typically need a bachelor’s degree, usually in a field such as business or finance. Because commercial loan officers analyze the finances of businesses applying for credit, they need to understand general business accounting, including how to read financial statements.
Some loan officers may be able to enter the occupation without a bachelor’s degree if they have related work experience, such as experience in sales, customer service, or banking.