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3 years ago

What are the four components of the global business environment?

Business

2 answers:

Radda [10]3 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]3 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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Jessica owns a small trading company. The company buys small vending machines from a manufacturer and sells them to the a retail

djyliett [7]

The anwser is c just took the test

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3 years ago

General Forge and Foundry Company has a quick ratio of 2.00; $38,250 in cash; $21,250 in accounts receivable; some inventory; to

Vlada [557]

Answer:

The answer is General Forge and Foundry Company selling and replacing its inventory 2.55 times per year on average.

Explanation:

We have:

The company cost of good sold = Sales x 65% = 100,000 x 65% = $65,000

The company inventory = Total current asset - Cash - Account Receivable = 85,000 - 38,250 - 21,250 = $25,500

=> Inventory turn over ratio = Cost of good sold / Inventory = 65,000/25,500 = 2.55 times or the company is selling and replacing its inventory 2.55 times per year.

So, the answer is 2.55 times.

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3 years ago

The College Board reported the following mean scores for the three parts of the Scholastic Aptitude Test (SAT) (The World Almana

storchak [24]

Answer:

a) $P(492$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 0.949)= P(Z$

b) $P(505$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 1.898)= P(Z$

c) $P(484$

And we can use excel or the normal standard table to find this probability:

$P(-1 < Z< 1)= P(Z$

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Part a

Let X the random variable that represent the scores for critical reading of a population, and for this case we know the distribution for X is given by:

$X \sim N(502,100)$

Where $\mu=502$ and $\sigma=100$

We select a sample of size n=90, since the distribution for X is normal then the distribution for the sample size is also normal

$\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}}=\frac{100}{\sqrt{90}}=10.54)$

And for this case we want this probability:

$P(502-10 < \bar X < 502+10)$

And for this case we can use the z score given by:

$z= \frac{\bar X -\mu}{\sigma_{\bar x}}$

And if we use this formula we got:

$P(492$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 0.949)= P(Z$

Part b

Let X the random variable that represent the scores for Math of a population, and for this case we know the distribution for X is given by:

$X \sim N(515,100)$

Where $\mu=515$ and $\sigma=100$

We select a sample of size n=90, since the distribution for X is normal then the distribution for the sample size is also normal

$\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}}=\frac{100}{\sqrt{90}}=10.54)$

And for this case we want this probability:

$P(515-10 < \bar X < 515+10)$

And for this case we can use the z score given by:

$z= \frac{\bar X -\mu}{\sigma_{\bar x}}$

And if we use this formula we got:

$P(505$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 1.898)= P(Z$

Part c

Let X the random variable that represent the scores for Writing of a population, and for this case we know the distribution for X is given by:

$X \sim N(494,100)$

Where $\mu=494$ and $\sigma=100$

We select a sample of size n=100, since the distribution for X is normal then the distribution for the sample size is also normal

$\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}}=\frac{100}{\sqrt{100}}=10)$

And for this case we want this probability:

$P(494-10 < \bar X < 494+10)$

And for this case we can use the z score given by:

$z= \frac{\bar X -\mu}{\sigma_{\bar x}}$

And if we use this formula we got:

$P(484$

And we can use excel or the normal standard table to find this probability:

$P(-1 < Z< 1)= P(Z$

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3 years ago

________ can describe a product class, a product form, or a brand.

satela [25.4K]

Advertisment?? I mea its the best awnser am i right??

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4 years ago

The following transactions occur for Badger Biking Company during the month of June: Provide services to customers on account fo

Licemer1 [7]

Answer:

Accounting equation is as follows:

Assets = Liabilities + Stockholder's Equity

(a) Services worth of $47,000 provided on account which increases the accounts receivable which is a part of assets and increases service revenue which is a part of equity.

Assets = Increases ($47,000)

Stockholder's Equity = ($47,000)

(b) Received cash from the customers for services provided on account.

This increases the cash which is a asset and reduces the accounts receivable with the same amount.

Assets = Increases ($47,000) ⇒ Cash

Assets = Decreases ($47,000) ⇒ Accounts receivable

(c) Purchasing a bike by signing a note would increases the notes payable which is a liability and increases the Equipment which is a asset.

Assets = Increases ($32,000) ⇒ Equipment

Liabilities = Increases ($32,000) ⇒ Notes payable

(d) This will reduce the cash which is an asset and increases the utility expense which lead to reduce the equity.

Assets = Decreases ($4,700) ⇒cash

Stockholder's Equity = ($4,700) ⇒ Utility expense

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3 years ago