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slava [35]
3 years ago
6

Describe the challenges and opportunities of globalization in a ""flattened"" world.

Business
2 answers:
Ksju [112]3 years ago
4 0

Answer:

The meaning of a 'flattened' world is that ,globalization, which can be described as inventions and various developments in the technology world , has created a level playing ground, where countries considered as small or minors are now competing with the super-power ones.

Explanation:

The major challenge of this is that , the rate competition has increased between countries that have great impacts on the resource area of businesses.

And the opportunities are that, new jobs are created or available especially in the information systems and other jobs or occupations involving services.

 Finding better suppliers and at a better price has also been considered as a big benefit because now there were more places to choose from globally.

Bess [88]3 years ago
4 0

Answer and explanation:

American journalist and writer Thomas Friedman (born in 1953) in his book "<em>The World Is Flat: A Brief History of the Twenty-First Century</em>" (2005) uses the term "flattening" to describe the phenomena by which the world is tearing down barriers thanks to computers and the internet and its impact in the worldwide economy.

Having a flattened world has <em>allowed commerce to spread</em> massively. Buyers and sellers from anywhere on the planet can match their needs on a web page. Besides, <em>job opportunities have increased mostly for developing countries</em> since work is taken to those regions due to cheaper labor costs. But the last situation represents an advantage for workers but a disadvantage at the same time. The<em> labor force in the company's domestic countries is affected by the outsourcing</em> of work.

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3 years ago
Difference between bookkeeping and accounting in table​
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Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.

Explanation:

hope this will help you

3 0
2 years ago
Animeat is a company that sells food for exotic animals in the UAE. Business is going well but they predict they will have some
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Answer:

Animeat should access a flexible line of credit.

Explanation:

While it is common knowledge that businesses including those that are profitable would at one time or another have cash flow problems, yet it is pertinent for business owners and managers to always plan ahead against lack or shortage of cash flow as such could lead to total collapse of the business or customers/suppliers loss.

With regard to the above scenario, I would suggest Animeat access a flexible line of credit like invoice finance,overdraft facilities or short term business loan etc, inorder to meet up with it's food supply when the time comes. This would give the business quick access to funds/cash hence cushion the effect of cash flow problem during the predicted time.

The most important source of finance is to find the one that suit the business need and in which interest payment will be seamless so that available cash will not be depleted.

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2 years ago
When you are writing to reject a job​ application, which of these is considered the BEST​ strategy?
Hunter-Best [27]

Answer:

D. Use an indirect approach to soften the blow.

Explanation:

Even though there really is no perfect method or strategy when rejecting a job application, many companies usually agree on using an indirect approach to soften the blow. This saves the receiver of the rejection from the pain that they may otherwise feel from a direct rejection, since a direct approach will make them feel as though the rejection is completely their fault.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
A newspaper story on the effect of higher milk prices on the market for ice cream contained the following: "As a result [of the
antoniya [11.8K]

Answer:

The price elasticity of demand for icecream is -0.75, that means that is inelastic.

Explanation:

Price elasticity of demand measures the porcentage of the change in the demand when there is a change in the price. If the change in porcentage of the demand is less than the pocentage of change in the price we talk about inelastic demand. An increase in the price of inelastic goods will result in bigger revenues, as the porcentage in the drop of sales is less than the porcentage   of increase in the price.

The formula is: % in change demand/% in change of price

-3%/4= -0.75

The minus symbol indicates that when the price rises the demand decrease.

4 0
3 years ago
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