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pantera1 [17]
3 years ago
15

Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example o

f _____.
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

the globalization of production.

Explanation:

Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.

Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.

Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.

<em>Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world</em>.

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Companies that fail to install adequate safety equipment because they feel pressured not to cut into their profits commit a crim
UkoKoshka [18]

This behavior best explained by Strain theory

Explanation:

Strain theory, in sociology, a hypothesis that pressure arising from social conditions, such as lack of income or lack of quality education, causes individuals to commit a crime. Strain theory describes deviant behavior as an unavoidable consequence of the experience of distressing individuals as they are deprived of the means of attaining cultural goals.

The central principle of general strain theory is that people who encounter pressure or stress are depressed or frustrated which can lead them to commit a crime to cope.

8 0
3 years ago
What will having the right skills do for you?​
Alexxx [7]

Answer:

having the right skills will increase your knowledge and it will help you increase your chances of making your business and be the boss not the worker and you could help inspire people when you do have a business with your skills

Explanation:

4 0
3 years ago
Ernesto owns a house painting company. Total sales for the past year were $75,000. His bills for running the business were $30,0
pentagon [3]

Answer:

Accounting profit = $45,000

Economic profit = $5,000

Explanation:

The computation of accounting profit and economic profit is shown below:-

Accounting profit = Sales - External expenses

= $75,000 - $30,000

= $45,000

Economic profit = Accounting profit - Implicit cost

= $45,000 - $40,000

= $5,000

Therefore for computing the accounting profit and economic profit we simply applied the above formula so that each one could arrive

7 0
3 years ago
Jose received $400 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards
arsen [322]

Answer:

The correct answer is Future value with compound interest and $478.25.

Explanation:

According to the the scenario, the given data are as follows:

Present value (PV) = $400

Rate of interest = 6%

Rate of interest ( compounded quarterly) (rate) = 1.5%

Time period = 3 years

Time period ( compounded quarterly) ( Nper) = 12

So, we have to calculate Future value with compound interest because it is asking for a amount after 3 year.

So, we can calculate the future value by using financial calculator.

The attachment is attached below.

So, FV = $478.25

4 0
3 years ago
Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's ______.
sweet-ann [11.9K]

Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.

<h3>Who are Strategic leaders?</h3>

The center of attention for organizational learning is on strategic leaders. They encourage an environment of inquiry and look for lessons in both successful and bad results.

Organizational structure, resource allocation, and strategic vision are all functions of strategic leaders. Strategic leaders deal with extremely complex challenges in an uncertain environment while also being influenced by external events and organizations.

Process simplification, increased strategic productivity, and innovation are all benefits of strategic leadership. Employees may be independent, productive, and push for new ideas under this leadership. Programs for incentives and rewards are essential for strategic leaders. They support staff members in achieving their strategic objectives.

To know more about strategic leaders refer to:brainly.com/question/15171930

#SPJ4

8 0
2 years ago
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