Answer:
Letter b is correct. <u>Globalization imperative.</u>
Explanation:
Globalization Imperative is a trend that the market today has to expand increasingly regardless of global location. Research shows that globalization, despite being a global reality, is growing and most companies plan to sell abroad. It is an anti protectionist position that benefits the open market. It is a worldwide trend where companies are looking for new technologies and new ways to win market and establish efficient communication in different cultures, with the goal of market gain and competitiveness.
Answer:
Option (b) is correct.
Explanation:
Unrealized Gain(Income):
= Fair Value of the stock - Book Value of stock
= $20,000 - $16,000
= $4,000
Therefore, the journal entry is as follows:
October 31,
Investment - Available for sale securities A/c Dr. $4,000
To Unrealized Gain-Income $4,000
(To record the unrealized income)
Answer:
$90
Explanation:
If the bookstore uses a linear markup policy, a linear relationship can be found between the sales price (S) and cost (C) for every product in the store as follows:
From that it's easy to see the store works with a simple 17.5% profit margin, so the cost of a book that sells for $105.75 can be found as follows:
Answer: True
Explanation:
The above statement is true. It should be noted that companies or organizations that contract manufacturing abroad are usually being subject to watchdog groups and also, they're expected to be socially responsible when they partner with the low cost labor manufacturers that are based abroad. The companies also make ethical decisions.
Therefore, the statement is true.
Answer:
c. can be identified only if it has been unsuccessfully challenged by competitors
Explanation:
Competitive advantage is a favorable attribute that a business possesses, making it outperform its competitors. Competitive advantage enables the company to utilize its resources efficiently, resulting in more customers and higher profits than rivals.
A firm will retain its competitive advantage if its competitors fail to replicate or match its favorable traits. Its position as the market leader will remain unchallenged until competitors develop attributes that can match its unique traits. In other words, a competitive advantage position remains relevant if competitors have challenged it unsuccessfully.