According to Stiglitz, depending on how it is managed, globalization may succeed or fail.
<h3>What does Joseph Stiglitz believe in?</h3>
Success, according to Joseph Stiglitz, occurs when national governments manage it by embracing the unique traits of each nation. When it is governed by global organizations like the IMF, it fails. Finance ministers and bank governors, who have formulated policies that benefit the financial sector, are said to be in charge of the IMF, according to Stiglitz.
In addition, the "Washington Consensus," a collection of policies that promotes "stabilization, liberalization, and privatization" of the economy, is harmful since it places a strong emphasis on deregulation. Instead, policies should aid nations in creating "the proper regulatory system." In the end Stiglitz adds that, a stronger commitment to democratic principles by the Bretton Woods Institutions.
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Answer:
Effect on income= $140 decrease
Explanation:
Giving the following formula:
Production costs:
Direct material= 10
Direct labor= 1.2
Variable overhead= $1.5
Selling price= $12
Number of units= 200
<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs. </u>
Effect on income= Units sold*unitary contribution margin
Effect on income= 200*(12 - 10 - 1.2 - 1.5)
Effect on income= $140 decrease
Answer:
The correct answer is Effect Corporate Change
Explanation:
Corporate change arises not only from the change in hierarchical structure, but from the beliefs, culture and values by which one company can be recognized against others. And this change is mainly due to the treatment and the possibilities they offer in personal growth from the highest ranking boss to the person with the lowest level of authority. These actions allow a better development in the market, since they have updated competences that allow them to head towards the market effectively.
Answer:
Pre-tax = 17.62%
After tax = 12.60%
Explanation:
The pre-tax return is determined by the difference from selling and purchase price, added to received dividends, and then divided by the purchase price:
For the after-tax return rate, correspondent dividend and long-term capital gains taxes should be considered:
![R_{AT} = \frac{[(117-101)*(1-0.30)]+[1.80*(1-0.15)]}{101}\\R_{AT} =0.1260=12.60\%](https://tex.z-dn.net/?f=R_%7BAT%7D%20%3D%20%5Cfrac%7B%5B%28117-101%29%2A%281-0.30%29%5D%2B%5B1.80%2A%281-0.15%29%5D%7D%7B101%7D%5C%5CR_%7BAT%7D%20%3D0.1260%3D12.60%5C%25)
That statement is true,
The company must indeed take all of those things for the consideration.
if the difference in the markets interests way too big, a company may not need to give any response to competitor's price cut.
In online videos watching outlet, for example, youtube has a massive lead to the point where they don't even need to their competitor's business model.
