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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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Under the average cost method, the flow of costs through the accounting records will ___ to the physical flow of goods through t
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7 0
3 years ago
ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash $ 220 Short-term investments 550 Accounts receivable (net) 650 Invent
kumpel [21]

Answer:

3.4

Explanation:

Current assets = Cash + Short-term investments + Accounts receivable (net) + Inventory

= $220 + $550 + $800 + $1,150

= $2,720

Current ratio = Current assets / Current liabilities

Current ratio = $2,720 / $800

Current ratio = 3.4

3 0
3 years ago
Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of
Elena-2011 [213]

Answer:

20%

Explanation:

Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.

Product Units Produced Final Sales Value per Unit Separate Costs

   A             10,000                    $25                                  $125,000

   B             15,000                    $30                                  $250,000

   C            <u> 12,500 </u>                  <u> $24 </u>                                <u> $125,000</u>

Total           37,500                                                            $500,000

Sales Value

A (10,000 x $25)      $250,000

B (15,000 x $30)      $450,000

C (12,500 x $24)      <u>$300,000</u>

Total Sales Value                       $1,000,000

Less

Joint Cost                                  ($300,000)

Separable cost                         <u>($500,000)</u>

Gross Profit                               $200,000

Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%

8 0
3 years ago
Suppose the interest rate on a 1-year T-bond is 5.00% and that on a 2-year T-bond is 7.00%. Assume that the pure expectations th
Tasya [4]

Answer: 9.04%

Explanation:

1 year rate today = 5% = 0.05

2 years rate today = 7% = 0.07

Maturity of longer bond = 2

The ending return if the 2 years bond are bought will be thesame as the needed return on series of a year bond which will be 1.1449

The market's forecast for 1-year rates 1 year from now will be calculated as:

= 1.05(1+X) = 1.1449

1.05 + 1.05X = 1.1449

1.05X = 1.1449 - 1.05

1.05X = 0.0949

X = 0.0949/1.05

X = 0.090381

X = 9.04%

5 0
3 years ago
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Over [174]
Of the packaged deal. When you ship something, then you get that price. 
7 0
3 years ago
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