There are usually more positive than negatives when it comes to moving manufacturing from the United States to China. It's cheaper to pay wages in China for the same type of work that someone in America would expect to be paid. Not only can you pay the workers less, you can then afford to expand and hire more people due to saving the money on American wages. Usually, you can also get products cheaper in China and cut down the cost of your product. However, with cheaper labor and materials comes cheaper quality and the quality dropping may hurt consumers willingness to buy.
Answer:
Broker must obtain the signature of the seller to effect a contract.
Answer:
It is deducted from the workers
Explanation:
All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.
Therefore, the funds for Social Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.
People can claim his work or inventions as their own.
The correct answer to this open question is the following.
The business decision based on the company where you work would be this. To open a new small branch of the fast-food restaurant as a concession in the municipal stadium.
The incremental cost is the future costs as a result of this business decision. This means that we have to consider extra money on a monthly basis to pay for the rent of the concession booth at the Municipal stadium.
The opportunity cost is that instead of opening our branch in the new downtown mall, we decided to move with the stadium option. Having decided to be at the mall could have allowed us to have more clients on a daily basis, especially on weekends.
The sunk cost is a cost from the past, an historical cost that really is not important in the present time to make a decision. Maybe, just a reference to a case in the past. And that's it.
Here we can refer to a cost when we opened the first location of the restaurant, but it was five years ago. Those were different situations, necessities, and conditions.
