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2 years ago

The link between labor costs in china and the price of mp3 music players in the u.s. is an example of ________.

Business

2 answers:

valina [46]2 years ago

3 0

the example is Globalization

ra1l [238]2 years ago

3 0

Answer:

The correct answer is: globalization.

Explanation:

In Business, globalization refers to the tendency of international trade, investments, information technology and outsourced manufacturing to weaving the economies of diverse countries together. Globalization has been credited with helping shift wealth to less-developed countries, as corporations take advantage of the lower cost of labor and operation in the developing world, thus creating jobs and economic benefits for the local economy.

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In 2020, the Merkel Company had revenues of $2,600,000 and costs of $2,100,000. During 2021, Merkel will be introducing a new pr

Leona [35]

Answer:

$88,000

Explanation:

We know that

The operating profit = Revenues - cost

= $2,600,000 - $2,100,000

= $500,000

If there is increase, so the operating profit would be

= Revenues - cost

where

Revenues = $2,600,000 + $260,000

= $2,860,000

Cost = $2,100,000 + $172,000

= $2,272,000

So, operating profit is

= $2,860,000 - $2,272,000

= $588,000

So, the increase in operating profit would be

= $588,000 - $500,000

= $88,000

6 0

3 years ago

PLEASE HELP!

vesna_86 [32]

I would say the third sentence. Proper planning and supervision is of utmost importance while catering to the client. I say this because the word diligence means, careful and persistent work or effort. This shows that the work is carefully planned. That's my opinion and not a fact so don't trust this unless my reasoning convinces you.

7 0

2 years ago

When Theo complained out loud that the hotel restaurant did not serve breakfast late enough in the morning, a hotel worker overh

11111nata11111 [884]

Answer:

The correct answer is E. respond quickly

Explanation:

Respond quickly is a great strategy to gain customers' fidelity.

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3 years ago

A characteristic found only in oligopolies is products that are slightly different. interdependence of firms. break even level o

Delvig [45]

Answer:

The correct answer is the interdependence of firms.

Explanation:

An oligopoly market is a market structure where there are a few firms. these firms are interdependent. Price and output decisions of a firm affect its rivals. An oligopoly firm faces a downward-sloping demand curve.

In other market structures like monopolistic or perfect competition, the firms are not interdependent.

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3 years ago

Identify Ten (10) Differences that exist Between

Alisiya [41]

Explanation:

Consumers buy products for their own use, while businesses buy goods to use in their continuing activities and resell to consumers. Customers appetite and the need for manufacturing supplies force organizations to buy products in greater quantities than people.

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3 years ago