A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s
mall company, but it is looking for growth opportunities. This company should primarily consider the option of: a. exporting.
b. licensing.
c. a strategic alliance.
d. a greenfield venture.
He should consider exporting since it's a fairly small company.
Explanation:
The manufacturer doesn't have enough knowledge of the country it is expanding it market to and it doesn't have much experience since it is a small company so exporting it's products will push costs such as shipping to the customer which will relief if from making exchange losses and other expenses.
It is true that the cost of a plant asset includes all amounts paid to ready the asset for its intended use.
<h3>What is historical cost of plant?</h3>
The cost of plant assets includes all expenditures necessary to acquire the asset and make it ready for its intended use. The initial cost that an organization incurs is vital in order to know the amount that will be charged for a particular product.
The above means that once cost is established, a company uses that amount as the basis of accounting for the plant asset over its useful life.
Hence, It is true that the cost of a plant asset includes all amounts paid to ready the asset for its intended use.
a. Operating principles that address the conduct of meetings and how decisions are made are especially useful in helping the team get off to a good start.
Explanation:
Operating principles discuss the core of any business by discussing the main steps of operating the business.
This provides for the main principles on which the business would run.
The principles and discussions in the meeting discussing and providing the agenda of the further processing and stepping ahead in business.
This overall efforts for the business, provides a clear picture of how the work shall be started. It guides the team in making efforts in the right direction.