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
Jobisdone [24]
3 years ago
8

A business practice associated with globalization involves business moving manufacturing and service centers to countries where

labor is cheap. This practice is commonly known as___________.
Business
2 answers:
baherus [9]3 years ago
4 0

Answer:Multi national Trading or Corporation

Explanation:This is situation where business operations are moved to other nations with cheap labour and raw materials.The importance of this practice is to minimize their cost of operation and maxizmize profit.

Gala2k [10]3 years ago
4 0

Answer:

It is known as International outsourcing

Explanation:

International outsourcing is a business practice of engaging a third party outside of the company geographical location , mostly from a country where the labor cost is cheaper as against what is obtainable in the country of operation.

This will obviously result in cutting down on jobs in the country of operation while the company is benefiting from savings gained  from the practice.

You might be interested in
Innovative Tech Inc. (ITI) has been using the percentage of credit sales method to estimate bad debts. During November, ITI sold
ollegr [7]

Answer:

The answer is given below;

Explanation:

 $160,000*(3/4)*1%=$1,200

Bad Debt Expense   Dr.$1,200

Allowance for Doubtful Accounts Dr.$1,200

$65,000*12%=$7,800

$12,000*24%=$2,880

$3,000*48%=$1,440

Total Allowance for Doubtful Accounts for December 31, $12,120

Total Allowance for Doubtful Accounts Opening                ( $1,100)

Bad Debt Expense for the year                                             $11,020

Bad Debt Expense Dr.$11,020

Allowance for Doubtful Accounts Cr.$11,020

Various Accounts to be shown pertaining to Account Receivable will be;

1.Allowance for Doubtful Accounts -Balance Sheet   $12,120

4 0
2 years ago
Which of the following would be included in the management function of planning?
SashulF [63]

Answer:

The answer should be the last part of the B option .- Selecting the course of action most likely to lead to success.

Explanation:

The four basic functions of management are:

  1. planning
  2. organizing
  3. leading  
  4. controlling

Planning is the most basic and fundamental activity of management. Management starts by planning ahead what is your vision of the organization and how it should be structured. When you plan you prepare yourself in advance for the future.  

7 0
3 years ago
What the difference between international accounting and domestic accounting
Umnica [9.8K]

Explanation:

International accounting (IAS) includes accounting standards and concepts of various countries. MNC's which operates in various countries need to follow the local accounting procedure and then need to compile the data so the overall performance of the company, can be determined. This also involves different currencies making the work difficult.

Domestic accounting (DAS) - every country have their own accounting standards and methods which must be followed while preparing books of accounts and are called domestic accounting. It is followed by companies which deal in only domestic business. Domestic accounting is done in home currency and is easier than international accounting.

3 0
2 years ago
For the past 60 years, _____ have been applied to structured tasks such as record keeping, simple clerical operations, and inven
natali 33 [55]

Answer:

<u>Transaction - processing systems</u>

<u>Explanation:</u>

For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.

For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.

4 0
3 years ago
"IFRS uses a fair value test to measure impairment loss. However, IFRS does not use the first-stage recoverability test under GA
stiv31 [10]

Answer:

As a result, the IFRS test is more strict than U.S. GAAP.

3 0
3 years ago
Other questions:
  • The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected
    6·1 answer
  • What US government agency creates and enforces standards for workplace health and safety?
    7·2 answers
  • Robert is a wealthy businessman who wishes to purchase a particular property. realizing that the price might become inflated if
    9·2 answers
  • Devine Linens (DL) must raise $14,000,000 to support future growth. If it raises the funds by issuing stock, DL must pay an inve
    5·1 answer
  • Help me out with this question please ​
    5·1 answer
  • Nicolette raised her quantity demanded of hockey pucks from 100 to 150 when the price fell from $5 to $3 per puck. using the mid
    11·1 answer
  • A price searcher a. faces a horizontal demand curve. b. is a seller that searches for the best location to sell its product. c.
    7·1 answer
  • The legal concept of limited use permits limited duplication and use of a portion of copyrighted material for certain purposes,
    10·1 answer
  • During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions:
    13·1 answer
  • How do economic growth, full employment, price stability, and inflation indicate a nation’s economic health?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!