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alexira [117]
2 years ago
9

When Jerry started his small appliance manufacturing company in the 1950s, every component part was made in the USA and the prod

uct was assembled in the USA. Today, he sources the components from China. The change at this company is an example of the _____.
Business
2 answers:
Katen [24]2 years ago
4 0

Answer:

Globalization of production

Explanation:

Globalization of production talks about economic globalisation, it is a means of integrating national economy into international economy via capital flow, trade, foreign direct investment etc.

One of the advantage of Globalization of production is that it helps to raise incentives for production in regions with low cost.

tia_tia [17]2 years ago
4 0

Answer: Globalization of production

Explanation: Globalization of production is the acquisition of products and services from a specific source from regions around the world to have an advantage in expenditure and quality of production like land, labor, and capital.

In this case, Jerry made a change in the country that was making the component for him from the USA to China which resulted in the globalization of production. This means that despite a product may have the mark of being manufactured in a specific nation, its components may be from distinct locales.

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A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
Maru [420]

Answer:

Option E is the correct answer

5300$ is the correct answer.

Explanation:

Credit Sales = $800000

Uncollectible net sales = $800000*0.6% = $4800

Hence, balance in Allowance for uncollectible accounts after adjustment should be $4800 credit

Balance already in the account = $500 debit

Hence, adjustment required is $5300 credit

8 0
3 years ago
Grizzly Company had Retained Earnings at December 31, 2018 of $300,000. During 2019, the company had revenucs of $600,000 and ex
scZoUnD [109]

Answer:

b. $358,500

Explanation:

Given;

Retained Earnings at December 31, 2018 = $300,000

In 2019,

Revenue = $600,000

Expenses = $525,000

Declared and paid dividends = $16,500

Retained earnings on the balance sheet as of December 31, 2019

= $300,000 + $600,000 - $525,000 - $16,500

= $358,500

The right option is b. $358,500

3 0
3 years ago
Mike is the director of human resources for a 120-employee family-owned manufacturing firm. Mike has been quite busy the last ye
nikitadnepr [17]

Answer:

Failing to match the communication medium (or channel) with the intended outcome.

Explanation:

Communication can be defined as the process of sending information. It involves sending of clear and concise messages from one person to another or from one group to another, messages could be represented in the form of signs or symbols.

Communication medium can be described as a means of transmitting information to the receiver. Some communication channels include:

1) Through the use of documents passed by series of reports and presentation.

2) Through the use of messages passed by emails and letters.

3) Through the use of images passed by graphical representation.

In the scenario above, Mike failed to use the right communication channel to inform the employees about their new benefit offering.

6 0
3 years ago
Chocolate Co. reports the following information from its sales budget: ​ Expected sales:
maksim [4K]

Answer:

The total amount of cash expected to be received from customers in September is: B. $ 108,000

Explanation:

The total amount of cash expected to be received from customers in September include the following :

  1. <em>Cash Sales in the month of September - 25 %</em>
  2. <em>Cash Receipts from Accounts for August Sales - 75 %</em>

<u>The Calculation of cash expected to be received from customers in September is as follows :</u>

Cash Sales - September = 120,000 × 25% =  30,000

Credit Sales - August = 104,000 × 75%      =   78,000

Total                                                              =  108,000

4 0
3 years ago
One factor that shifts the consumption schedule is household wealth. Households build wealth by spending their incomes as they e
yanalaym [24]

Answer:

the correct answer is *not spending all their current incomes.

Explanation:

if you look at all the other options, they are not creating wealth but depletes it away. the only way to build wealth is by investing and saving over time. ideally, by not spending all their current income.

6 0
3 years ago
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