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pav-90 [236]
3 years ago
14

One cost-cutting measure used by Garr Tool Corp. is sourcing the parts it uses from companies in Germany, Ireland, and Canada th

at are more economical than home-country sources. The choice to use these sources is an example of the _______
Business
1 answer:
cestrela7 [59]3 years ago
4 0

Answer:

The answer is: globalization of production

Explanation:

Globalization of production to the business practice of increasing the flow of production factors from "cheaper" countries in order to lower their production costs. For example, cars are assembled using thousands of different auto parts, a lot of them are produced in the US, but a large portion are imported parts form countries like China, Mexico, EU, etc. Many times the auto parts are manufactured by the same corporation but on different locations, e.g. BMW produces engines in Germany and SUVs in the US, 3M produces auto parts in the US, Brazil, China, Mexico and several other countries and sells them all in the US.

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Imagine that a local water company issued $10,000 ten-year bond at an interest rate of 6%. You are thinking about buying this bo
mylen [45]

Answer:

Explanation:

The $10,000 is the face value of the bond. Using a financial calculator, input the following to calculate the price at a year before maturity; i.e. at year 9;

Time to maturity; N = 10 - 9 = 1

Annual interest rate; I/Y = 9%

Annual coupon payment; PMT = 0

Face value of the bond; FV = 10,000

then compute present value ; CPT PV = $9,174.31

Therefore, you will pay less than $10,000 for the bond and the price would be  as above $9,174.31

6 0
3 years ago
Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
hodyreva [135]

Answer:

$3,515

Explanation:

The computation of the catering supplies is shown below:

= Catering supplies per month + per job cost  × expected number of jobs + per meal cost  × expected number of meals

= $350 + $89 × 21 jobs + $9 × 144 meals

= $350 + $1,869 + $1,296

= $3,515

Since the question is asking for planning budget so we considered the expected units in terms of jobs and meals

8 0
3 years ago
Without creating a separate business organization, Reynold starts up and assumes the financial risk of, Sole Savers, a new, pre-
dexar [7]

Answer:

C: a franchisee

Explanation:

One of the responsibilities of a franchisee is to bear risk of the franchisor.

A franchise is a business relationship where a firm goes into agreement with another firm to represent the former in another geographical region or service. The franchisor is the parent company while the franchisee is the independent agent.

5 0
3 years ago
As a newly appointed human resource manager, what is MOST necessary to have an understanding of that provides the basis for all
Artyom0805 [142]

Answer:

Letter A is correct. <u>Organizational objectives.</u>

Explanation:

A human resources manager is responsible for meeting a company's staffing needs and activities, such as the recruitment and selection process, training and development, development of policies and procedures, performance management, salaries and benefits.

For this, it is necessary to consider organizational objectives as a basis for assisting in the process of developing the function. An effective human resources manager, must base all his decisions prioritizing the strategic plan of obtaining objectives and goals of a company, ensuring that there is the correct allocation of resources and trained and motivated personnel to increase business productivity and generate a climate positive organizational structure in order to achieve organizational goals.

7 0
3 years ago
How does free enterprise economy's freedom of producers provide benefits for individual consumers?
DanielleElmas [232]
Free enterprise economy's freedom of producers provide these five benefits for individual consumers:
1. Private Property<span>Any individual has the right to own a private property for business and on business purposes.
2. Voluntary exchange
The government can own the land without the permission of the owner.
</span>3. Public Property<span>
</span>Any property that is government owned. 4. Choice5. Voluntary expense
6 0
3 years ago
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