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2 years ago

What are the four components of the global business environment?

Business

2 answers:

Radda [10]2 years ago

7 0

Answer:

Geographic conditions; cultural and social factors; political and legal factors; and economic conditions.

Explanation:

Geographic conditions are extremely important, since the location of a country can increase distribution costs, the larger the distance the more expensive the trip. Also, inland countries have higher transportation costs than countries with coastal regions.

Cultural and social factors can be a significant challenge for corporations trying to enter new markets, for example the Chinese market is huge as well as the cultural differences between their culture and American culture.

Political and legal factors can complicate trade, for example countries that favor free markets and are more receptive to foreign trade.

Economic conditions are basic for a good global business environment, when the global economy is growing, world trade increases, and vice versa.

Mama L [17]2 years ago

5 0

Geography, cultural and social factors, economic conditions, and political and legal factors are the four parts of the international business environment

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On January 2, 2019, Denny Corp. enters into five-year finance lease for machinery with annual year-end payments of $15,000. The

butalik [34]

Answer:

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Explanation:

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3 years ago

Graphic Designs has 68,000 shares of cumulative preferred stock outstanding. Preferred shareholders are supposed to be paid $1.6

Anna35 [415]

Answer:

Graphic Designs

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Explanation:

a) Data and Calculations:

Number of cumulative preferred stock outstanding = 68,000

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For four quarters, the preferred dividends per share = $6.40 ($1.60 * 4)

b) This will take care of the past three quarters that have accumulated and the fourth quarter. Note that when a company wishes to pay a common stock dividend, it must pay the cumulative preferred dividends first, no matter the length of period that the dividends have accumulated.

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3 years ago

Rivera Company manufactured two products, A and B, during April. For purposes of product costing, an overhead rate of $2.00 per

OlgaM077 [116]

Solution :

a). The assigned total cost is :

$A =\$ \ 8000$

$B =\$ \ 24,000$

Total overheads $ 500,000

Total hours 250,000

Plantwide overhead rate $ 2

Cost assigned to :

A ( 2 x 4 x 1000) $ 8,000

B ( 2 x 4 x 3000) $ 24,000

b). Department 1 Department 2

Overheads $ 300,000 $ 200,000

Hours 200,000 50,000

Overhead rate $ 1.50 $ 4.00

Overheads for the product A $ 8,500

(1.5 x 3 + 4 x 1) x 1000

Overheads for the product B $ 40,500

(1.5 x 3 + 4 x 1) x 3000

c). Plant wide Departmental

material and labor $ 10 $ 10

overheads $ 8 $ 13.50

Total $ 18.00 $ 23.50

Add: profit $ 7.20 $ 9.40

Selling price $ 25.20 $ 32.90

The difference $ 7.70

Therefore, the increase in the selling price = $ 7.70

3 0

3 years ago

Many consumers correlate price with quality, thinking that the higher the price, the better the quality. For these consumers, al

Aleonysh [2.5K]

Answer:

c) A heuristic

Explanation:

Price is a decision heuristic a shortcut to simplify and shorten the decision process. You get what you pay for is related to this heuristic.

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2 years ago

The average annual cost of tuition at Dr.B U is normally distributed with a mean of $18,695 and a standard deviation of $2,163.

nadezda [96]

Answer:

98.10% of the tuiton cost will be lower than what the undergratuate stdent told their parents

Explanation:

We have to normilize the tuiton standard deviation adn then, look into the table for the accumulated probabiliti at their Z value:

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Pz = 1,613499768839575

We look into the able and the probability is 0.981044728 that is 98.10% of the tuiton cost will be lower than what the undergratuate stdent told their parents

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3 years ago