The two forces are:
1. Falling barriers to trade and investments: Many countries of the world now allow their countries to engage in trade with other countries, this has led to increase in globalization of markets and production.
2.Technological innovations: technology has made so many things possible in the business world today.The whole world has been linked up by internet and this makes it easier for a company to market its products to the whole world.
Answer:
B) cognitive dissonance
Explanation:
According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question his attitude change is best explained by cognitive dissonance. This is defined as the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change. Which is exactly what Fernando is experiencing.
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Answer:
The correct response will be "Paying a premium price
".
Explanation:
- Each consumption has the fundamental economic intention of obtaining products that have the highest possible and the limit requirements at the lowest competitive prices.
- And therefore, satisfied customers frequently ignore that instinct because some other manufacturer is still connected to something like the commodity.
$3878.55
Explanation:
Step 1 :
It is given that Kristy has a biweekly gross earnings of $1950.
Since it is bi-weekly payments there are 26 payments in the year.
Gross earnings per year = 1950 * 26 = $50,700
Step 2 :
It is given that the social security tax is 6.2% up to $128,400. Kristy's earnings of 50,700$ does not exceed the threshold $128,400, hence 6.2% of her entire income is subject to social security withholding.
Social security withholding = 6.2% of 50,700 = 6.2*50700/100 = $3143.40
Step 3 :
It is given that Medicare tax is 1.45% with no wage limit
Medicare withholding = 1.45% of 50,700 = 1.45*50700/100 = $735.15
Total withholding = Social Security withholding + Medicare withholding 3143.40 + 735.15 = $3878.55
Similar to manufacturing, services use methods that add value to the raw materials required to make the finished product. JIT emphasizes the process rather than the end result. Therefore, it may be applied to any set of processes, whether they are involved in manufacturing or providing services.
In the context of the industrial and service industries, the Just in Time (JIT) system: Companies use just-in-time (JIT) inventory strategies to boost productivity and cut waste by only ordering products when they are actually needed for manufacturing, which lowers inventory expenses.
Between service and manufacturing organizations, there are five key differences: the tangible nature of their output; production on demand or for inventory; production tailored to the needs of a particular customer; labour-intensive or automated operations; and the requirement for a physical production location.
In reality, though, service and industrial firms have a lot in common. Many manufacturers have their own service departments, and both industries need trained workers to run a successful organization.
Learn more about JIT here:
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