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3 years ago

The world trade organization envolved from which of the following?

Business

1 answer:

Alexxandr [17]3 years ago

3 0

Answer:

You might want to tape "evolve" in this case the answer is the GATT

Explanation:

The World Trade Organization's predecessor, the General Agreement on Tariffs and Trade (GATT), was established after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation – notably the Bretton Woods institutions known as the World Bank and the International Monetary Fund. A comparable international institution for trade, named the International Trade Organization was successfully negotiated.

The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which is signed by representatives of member governments and ratified by their parliaments.

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Last week, a gift shop’s employees heard their longtime store manager announce that she is leaving. Now they’ve read an announce

MissTica

Answer: Uncertainty

Explanation: In simple words, uncertainty refers to a situation under which an individual or an entity is not sure about their belief or decision regarding a particular subject matter.

In the given case, the employees of the store are unknown to the reality of how the new manager will be.

Hence from the above we can conclude that the above case demonstrates uncertainty.

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3 years ago

The company Lucy works for is made of cross-functional teams that focus on the project at hand. The projects they get are extrem

liberstina [14]

Answer:

Small batch and unit production.

Explanation:

Small batch and Unit production -

In this type of production , the primary focus of the organisation , is the satisfaction of the customer and is based on the preference of the customer .

For this type of manufacturing process , skilled labor and planning is very important to customize and prepare any good or service .

sometimes , the complete team focus on the production of the product one at a time , with lot of caution .

Hence , the information given in the question , the type of manufacturing process is best describes as Small batch and unit production .

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3 years ago

Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as _____.

Pavel [41]

Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as....Heuristics

7 0

3 years ago

Read 2 more answers

Sheffield Corp. is planning to sell 1070 boxes of ceramic tile, with production estimated at 800 boxes during May. Each box of t

Zarrin [17]

Answer:

Results are below.

Explanation:

Giving the following information:

Production= 800 boxes

Each box of tile requires 0.50 hours of direct labor.

Employees of the company are paid $17 per hour.

First, we need to determine the number of hours required:

Number of hours= 800*0.5= 400 hours

Now, the total direct labor cost:

Direct labor cost= 400*17= $6,800

5 0

3 years ago

Adam Plastics, Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materi

inysia [295]

Answer:

c. $385,958.90

Explanation:

Step 1 Determine the Total Cost Incurred for Both materials and Conversion

Raw Materials

Opening Work In Process $200,000

Add Cost Added during the year $2,000,000

Total $2,200,000

Conversion

Opening Work In Process $200,000

Add Cost Added during the year $2,500,000

Total $2,700,000

Step 2 Determine the total equivalent units for materials and conversion

Materials

Closing work in process 100 × 100% = 100

Completed and Transferred (600+200-100)×100% =700

Total =800

Conversion

Closing work in process 100 × 30% = 30

Completed and Transferred (600+200-100)×100% =700

Total =730

Step 3 Determine equivalent cost per unit of materials and conversion costs

Materials = $2,200,000/800 = $2,750

Conversion = $2,700,000/730 = $3,699

Step 4 Determine the cost assigned to Ending WIP

Materials ($2,750×100) = $275,000

Conversion Cost ($3,699×30) = $110,970

Total =$385970

5 0

3 years ago