The main answer is Managing.
Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity. It is both the science and the art of managing a company's resources.
Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals via the use of existing resources, such as financial, natural, technical, and human resources, are included in management. The terms "run the business" and "change the business" are used in management to distinguish between the continuation of the delivery of products or services and the adaptation of those same goods or services to accommodate changing client demands - see trend. The term "management" can also refer to managers, who are responsible for running a company.
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Answer:
correct option is c. $13,167
Explanation:
given data
purchased = $13,300
terms = 1/15, net 30
Freight charges = $280
solution
we get here amount that is record as inventory by purchase as
amount record as inventory by purchase = purchased × ( 1 - 0.01)
amount record as inventory by purchase = $13300 × ( 1 - 0.01)
amount record as inventory by purchase = $13300 × 0.99
amount record as inventory by purchase = $13,167
so correct option is c. $13,167
Answer:
true,false,false,false,false,false
Explanation:
Answer:
Cultural Myopia
Explanation:
Myopia in general refers to short sightedness.
A Cultural myopia refers to the belief that one's own culture is better suited and apt in all situations and circumstances and applies to all people.
In business context, this conveys the inability of a firm to adopt or modify it's product strategies as per the market conditions of a foreign nation, thereby providing standardized or same products and services as it provides in it's own domestic market.
For instance, Heinz provides different variants of it's ketchups across the globe, incorporating changes and modifications in ingredients as would better suit a market and better cater to it's needs. The company for instance provides ketchup without onion and garlic as ingredients to suit Indian market requirements.
In the given case, the chemical company applied the same French ethnocentric policies in international markets and followed the same domestic marketing policies internationally. Thus, it's expansion move failed miserably since it failed to adapt to the requirements of global markets and could not cater to them effectively.
Answer:
The independent decisions of individuals in the marketplace determine the answers to the fundamental economic questions.
Explanation:
The study of Economic Science allows us to understand the fundamental premises that govern the functioning of market economies. A market economy operates freely - the decisions of the economic agents are independent - which leads us to understand determining questions, such as how much to produce and how much to employ.
A market economy operates under the logic of the interaction between supply and demand of goods and services, so that companies act in a system of competition, via prices, for market share. Thus, consumers benefit from competition and the role of government is only to ensure the right environment for economic transactions.