1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erastova [34]
3 years ago
12

Some international management experts contend that globalization and national responsiveness are dramatically opposed forces and

that you accommodate one, a multinational must relax its efforts in the other. In what way is this an accurate statement? in what way is it incomplete or inaccurate?
Business
1 answer:
miv72 [106K]3 years ago
4 0

Answer:

International strategic management is the process of making strategies to achieve global corporate objectives and goals, and to compete with the world's competitors.

Implying one strategy say globalization might oppose the efforts to use national responsiveness strategy. This statement is correct in the sense that the company if the focus on both strategies it would not be possible to control the both at all as if the company go to handle one strategy the other would effect.

This statement is inaccurate or incomplete as a company can balance both the strategies (globalization or national responsiveness) simultaneously. The firm can use a transnational strategy that can help them to use both the strategies. These types of firm are considered in quadrant three of the matrix of using global or national responsiveness.

You might be interested in
Peter wishes to create a retirement fund from which he can draw when he retires and the same amount at each anniversary of his r
uranmaximum [27]

Answer:

$65,742.60

Explanation:

Note: The full question is <em>"Peter wishes to create a retirement fund from which he can draw $20,000 when he retires and the same amount at each anniversary of his retirement for 10 years. He plans to retire 20 years from now. What investment need he make today if he can get a return of 5% per year, com- pounded annually?"</em>

At first, we need to find the PV of withdrawals and there are 11 withdrawals starting 20 years from now.  

PV = PMT/r * 1 - 1/(1+r)^n. This formula gives the PV one period before the first withdrawal. That is 19 years from now because the first withdrawal is 20 years from now.

PMT = 20,000, n = 11,  

r = 0.05

PV19 = 20,000/0.05 * [1 - 1/(1+0.05)^11]

PV19 = 400,000 * 0.4153207109

PV19 = 166,128.28436

Now, we need to discount this back to toda

PV0 = PV19/(1 + r)^n; n = 19, r = 0.05

PV0 = 166,128.28436/(1 + 0.05)^1

PV0 = $65,742.6033421702

PV0 = $65,742.60

So, Peter needs to make $65,742.60 today.

3 0
3 years ago
Strategic controls are largely subjective criteria intended to verify that the firm is using appropriate strategies for the cond
ValentinkaMS [17]

Answer:

A. True

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

Basically, strategic controls are subjective criteria that are developed by a business firm so as to verify and ensure that the business firm has implemented the appropriate strategies for the conditions in the external environment and the competitive advantages of the business firm.

6 0
3 years ago
Students for a Democratic Society (SDS) was an activist organization in the 1960s that protested the Vietnam War, racial injusti
Lorico [155]
Answer: counterculture

explanation: "subculture" is wrong, as are "ethnocentric group," "popular culture organization," and "movement for cultural diffusion"; the counterculture was a biggg force in the 60's and this was definitely an example of it
3 0
4 years ago
Read 2 more answers
What is the logic behind co-locating purchasing personnel with internal customers?
almond37 [142]
There are certain advantages that the organization can understand from co-locating <span>purchasing personnel with internal customers</span>. The primary huge advantage is low expenses of task. In addition, the organization will give enhanced administrations to the organization since the organization will distribute to each customer a faculty in charge of giving them the administrations they require. This additionally has an arrangement of getting a great administration by the clients since they get customized treatments. The most noteworthy advantage related with this is the organization will improve its reputation and draw in various customers.
6 0
3 years ago
Suppose that a company is a price taker and sells its product for $15 each. This tells us that the firm is participating in the
galben [10]

Answer:

perfect competition; equal to $15

Explanation:

A Perfect competition industry is characterised by :

1. Firms that are price takers - They do not set price but prices are set by the forces of demand and supply.

2. Prices are equal to marginal revenue and average revenue.

3. plenty buyers and sellers.

4 free entry and exist of firms.

A monopolistic industry is chartcerised by :

1. Firms that are price makers.

2. Plenty buyers and sellers.

3. Price and average revenue are less than the marginal revenue

A monopoly is characterised by :

1. Firms that are price makers.

2. One seller

3. Price and average revenue are less than the marginal revenue

6 0
3 years ago
Other questions:
  • Scenario 34-2. The following facts apply to a small, imaginary economy. • Consumption spending is $6,720 when income is $8,000.
    5·1 answer
  • Allied Cosmos, a cosmetics company, decides to expand its operations to lower-income areas in developing countries. It starts to
    10·1 answer
  • Compute cost of goods sold for 2015 using the following information. Finished goods inventory, Dec. 31, 2014 $ 345,000 Work in p
    11·1 answer
  • In one version of the experiment, the professor plans to put a ceiling of $11 on prices. That is, no one will be permitted to su
    5·1 answer
  • As the world is shrinking and businesses are more commonly working on an international level, understanding the differences amon
    7·1 answer
  • Ambient Management, Inc. was experiencing a gap in the services it was providing. It closed the gap by ensuring that its custome
    8·1 answer
  • Which of the following statements is true? a. The higher the discount rate, the higher the present value. b. The process of accu
    14·1 answer
  • Which of the following would NOT be considered an investment in human capital?
    15·1 answer
  • The three major types of economic systems are ________.
    14·1 answer
  • What are the three basic types of issues that arise in business finance?​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!