Answer:
globalization and localization.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Also, localization (local responsiveness) refers to the degree of requirements and conditions to which a manufacturing firm should significantly adjust their products and methods of production in a particular country to. Thus, a firm that is facing both strong cost pressures and strong pressures for localization should ensure that it adopts a global standardization strategy.
Hence, two major variables in choosing the structure and design of an organization are the opportunities and need for globalization and localization because the opportunities that abound in the market would determine the level of revenues (cash-inflows) that the organization can generate.
Answer:
38,000 units
Explanation:
Total production required = Forecasted unit sales + Planned finished goods inventory balance = 36,000 + 14,000 = 50,000 units
Products to be manufactured = Total production required - Beginning finished goods inventory = 50,000 - 12,000 = 38,000 units
The number of finished units to be produced = 38,000 units
So the correct answer will be 38,000
Answer:
Doris wants to learn how to write poetry.
Misty wants to take a class to learn about different cultures.
Explanation:
Identify the examples of interests. Check all that apply.
Doris wants to learn how to write poetry.
Misty wants to take a class to learn about different cultures.
Leroy is well liked by his classmates.
Marcus treats other people with respect.
Cora works hard.
Answer: Economic profit covers implicit costs as well.
Explanation:
Economic profit and Accounting profits are two different things. Economic profit accounts for both explicit costs (operating costs) and implicit costs (opportunity costs) while Accounting profit accounts for only explicit costs.
When economic profit is zero therefore, it means that the firm is still covering the implicit costs so they will not be enticed to divest because their opportunity costs are being taken care.
It would therefore be wise to stay invested as this shows that this alternative is the best out of the other alternatives.