Answer:
The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.
Explanation:
The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.
When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.
However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.
Answer:
The correct answer is corporate culture.
Explanation:
Corporate or organizational culture is, basically, the ideology of a company: the set of attitudes, habits, beliefs and behaviors of the human group that makes it up, the way they interact and the way they manage external business transactions.
It can be developed intentionally according to the direction in which the company moves in terms of style, priorities and values, or in a more organic way as a result of the sum of the characteristic features of its members and the nature of the interaction between them.
The culture of a company is reflected in its public image, its dress code, its business hours, its facilities, the benefits of its employees, its sales volume, hiring decisions, the treatment of customers and the degree of satisfaction of them and all other aspects of operations.
A company has quick assets of $ 300,000 and current liabilities of $ 150,000. The company purchased $ 50,000 in inventory on credit. After the purchase, the quick ratio would be d. 1.75.
Inventory refers to all of the gadgets, items, products, and materials held with the aid of a commercial enterprise for selling within the marketplace to earn a profit. instance: If a newspaper supplier makes use of an automobile to supply newspapers to the customers, handiest the newspaper may be taken into consideration in inventory. The vehicle can be dealt with as an asset.
Inventory is an asset due to the fact a company invests money in it that it then converts into sales while it sells the inventory. stock that doesn't promote as quickly as anticipated may become a liability.
The principle feature of stock is to offer operations with ongoing delivery of materials. To gain this feature correctly, your enterprise has to attempt to discover a sweet spot between an excessive amount and too little, without ever going for walks out of inventory.
quick assets = 300000
quick liablities= 150000
inventory on credit
quick assets = 350000
quick liablities= 200000
quick ratio = 350000/200000
= 1.75
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Answer:
The answer is: A) cognitive and psychological dimensions of a global mind set
Explanation:
Global mindset can be defined as the ability to adjust to different cultural environments (e.g. traditions, norms, ways of doing business, etc.) and being able to deal with people from other backgrounds and styles.
In simple words, global mindset is the ability to think globally, the whole world is your home.
The main advantage of thinking globally is that you can develop better relationships and communications with different customers and world partners.
The best possible example is how the Coca Cola Company works.
