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mafiozo [28]
3 years ago
8

Match each of the global business practices with an example of its use.

Business
1 answer:
Levart [38]3 years ago
3 0

a. offshoring-------a brazilian clothing company opens a factory in indonesia to take advantage of lower labor costs.


Offshoring, the act of outsourcing tasks abroad, for the most part by organizations from industrialized nations to less-created nations, with the aim of diminishing the cost of working together. Boss among the particular explanations behind finding tasks outside an organization's nation of origin are bring down work costs, more tolerant ecological controls, less stringent work directions, ideal duty conditions, and vicinity to crude materials.  

b. outsourcing------a u.s. clothing company buys shirts and pants from a clothing manufacturer in turkey.


Outsourcing is the business practice with regards to hiring a party outside an organization to perform benefits and make merchandise that generally were performed in-house by the organization's own representatives and staff. Normally done as a cost-cutting measure, it can influence employments going from client support to assembling to the back office.  

c. insourcing-------a mexican clothing company opens a textile mill in the united states where it sells most of its products.


Insourcing is the initiation of playing out a business work that could be contracted out internally: either with the assistance of an outsider supplier who plays out the undertaking nearby, or by leading said errand independently. Very frequently it is viewed as inverse of outsourcing. Insourcing is a business choice that is frequently made to keep up control of basic creation or abilities. Insourcing is broadly utilized underway to lessen expenses of duties, work and transportation.

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Answer:

Is experiencing an inflationary gap.

Explanation:

An inflationary gap can be defined as a macroeconomic concept which measures the difference between the actual output (Real Domestic Products) and the potential output (Gross Domestic Products) when an economy is being operated at full employment.

Hence, if actual output exceeds potential output, the economy is experiencing an inflationary gap. This simply means that, the consumers are demanding more of the goods and services than the economy (business entities) can produce or provide at a specific period of time. <em>Also, when an inflationary gap occurs in an economy, there would be an increase in the price of goods and services and thus, causing the economy to be out of equilibrium. </em>

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A ______ is a written document executed when the principal is in good mental health that allows an agent to make medical decisio
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A durable power of attorney
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How do the choices we make both producers and consumers help us with scarcity?
marshall27 [118]
Scarcity refers to the gap between limited resources and theoretically limitless wants. Scarcity affects producers because they have to make a choice on how to best use their limited resources. On the other hand, it affects consumers because they have to make a choice on what services or goods to choose. 
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Read 2 more answers
Your Company makes and sells a single product. Each unit sells for $32 dollars and has a unit variable cost of $20. The company
andre [41]

Answer:

Your Company

The cash that must be borrowed to cover all cash disbursements and to obtain the required November 30 cash balance is:

= $18,000.

Explanation:

a) Data and Calculations:

Selling price per unit = $32

Variable cost per unit = $20

Contribution margin per unit = $12 ($32 - $20)

Beginning cash balance on November 1 = $45,000

Cash disbursements = $1460,000

Depreciation expense = $35,000

Minimum required cash balance on November 30 = $75,000

Budgeted sales units for November = 46,000

Sales revenue (cash) = $1,472,000 (46,000 * $32)

Variable costs =                920,000 (46,000 * $20)

Contribution margin =   $552,000 (46,000 * $12)

Cash Budget

For the month of November

Beginning cash balance    $45,000

Total cash collections =   1,472,000

Cash available                $1,517,000

Cash disbursements      (1,460,000)

Cash balance                     $57,000

Cash to borrow                     18,000 ($75,000 - $57,000)

Minimum cash balance     $75,000

3 0
2 years ago
Pricing objectives refer to :A. reconciling the prices charged by an organization to the values set forth in its business missio
enot [183]

Answer:

Specifying the role of price in an organization's marketing and strategic plans.

Explanation:

Pricing objectives can be described as the goals which puts an organization through on ways to place the prices of their products to potential customers. It makes the products more appealing to the customers. Pricing objectives involves determing the appropriate price for a particular good or service.

Pricing objectives helps companies in improving their market shares this is achieved by cutting down the cost of their products to drive customers to purchase them thereby giving the business a high competitive edge in the market.

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