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3 years ago

As a manager for a company that is looking to expand to China, what should your company focus on?

Business

1 answer:

egoroff_w [7]3 years ago

4 0

Answer:

The correct answer is letter "A": Building relationships with suppliers and business partners.

Explanation:

For a manufacturing company that is interested to start businesses abroad, it is important to find out if the operations processes can be carried out at least under the same characteristics as in the country of the firm's origin. Managers must analyze if all the components of their supply chain are likely to be found in the new region. Besides, managers should look for local business partnerships that will help the association adapt to the new market easier.

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A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,

gtnhenbr [62]

Answer:

c) $9,000,000

Explanation:

The cost of good sold = Cost per unit × Quantity sold

Quantity sold = 300,000, cost per unit = $30

The cost of sold = $30 × 300,000 = $9,000,000

This can be confirmed as follows:

Unit

opening inventory 80,000

Production(see note below) 340,000

Available or sale 420,000

Closing inventory (120,000)

Units sold 300,000

Cost of units sold = 300,000 × $30 = $9,000,000

Note :

Production budget = sales budget + closing inventory - opening inventory

= 300,000 + 120,000 - 80,000 = 340,000 units

6 0

3 years ago

18. Acidic foods, such as tomatoes or wine, are important in a braise to

Ksivusya [100]

A. thicken the sauce.

Acidic foods, such as tomatoes or wine, are important in a braise to thicken the sauce.

5 0

3 years ago

Read 2 more answers

ompute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following informati

Salsk061 [2.6K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

1. We weren't provided with enough information to calculate the plantwide predetermined overhead rate. But, I can provide the information required as an example and the formulas necessary.

Estimated overhead= 1,200,000

Estimated machine-hours= 350,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000/350,000

Predetermined manufacturing overhead rate= $3.43 per machine hours.

2. Job 400:

Direct materials $320

Direct labor cost $240

Machine-hours used 36

Total manufacturing cost= 320 + 240 + 36*3.43

Total manufacturing cost= $683.48

3. Job 400= 50 units

Unitary cost= 683.48/50= $13.67

4. Moody uses a markup percentage of 120% of its total manufacturing cost

Selling price per unit= 13.67*1.2= $16.404

4 0

3 years ago

Alex receives a raise at work and continues to work the same number of hours each week. what is the most likely way that his dem

Murljashka [212]

An inferior good is a type of welfare whose demand decreases when consumer income increases or demand increases when consumer income decreases. Therefore, if a consumer considers shirts to be inferior goods, the way he will stop consuming it will be when there is a real increase in his income.

In the case narrated, Alex had an increase in salary and remained working for the same number of hours. This means that with the same job, he will have a higher income, meaning there was a real increase in Alex's income. If he considers the $ 3 shirts a much lower asset, he will lessen the demand for it.

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3 years ago

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Rage, a leading motor vehicle manufacturer, introduces a new superbike model. it invites proposals from independent dealers who

uysha [10]

This is most likely an example of a franchise opportunity. It could also be considered to be a hybrid type of franchise where the indepenent dealers have more leeway in how the business looks and how it is run. This would be a win/win for many independent dealers as the would still be making most of the local decisions.

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3 years ago