Answer:
A key reason that companies all over the world choose to import goods is to extend their profit margin. High taxes, wage minimums, and material costs in certain countries make it more useful to import products from a country where fees, wages, and material costs are considerably lower.
Explanation:
Answer:
c. $8,400
Explanation:
Given that
cash dividend = $.80 per share
Authorized Shares = 16,000
Issued Shares = 11,000
Outstanding Shares = 10,500
So, the dividend amount is shown below
= Outstanding Number of shares × dividend per share
= 10,500 shares × $0.80 per share
= $8,400
The cash dividend amount should always be calculated on outstanding number of shares.
Answer: Import restrictions
Explanation: Import restrictions are methods used to control the types, quantity and value of goods being imported into a country from other countries.
There are various types of import restrictions and they are:
1. Import duties: import duties are tariffs or taxes imposed on imported goods to make them more expensive thereby discouraging the purchase and use of imported goods.
2. Import quota: this is a restriction on the volume of imported goods that would be allowed into the country at a particular period of time or from a particular country.
3. Currency restrictions: this is used to restrict the amount of foreign currency used in the settlement of imported goods.
4. Prevention of the entry of illegal or harmful items into the country.
Answer:
The correct answer is b. Franchisors face a loss of control when they sell businesses to franchisees who are thousands of miles away.
Explanation:
Thinking about selling individual franchise rights is a risky decision. Factors such as geographical distance, language and communications and travel costs, among others, make it difficult for a franchisor in practice, however efficient it may be, to provide timely support to the needs of each of its individual franchisees in the Exterior.
In these cases, it is best to do it under the modality of Master franchise. This is the practice most used by large international franchisors to extend their operations beyond their borders.
The Master franchise is a contractual relationship that unites a foreign franchisor with a natural or legal person from the country of destination. Who acquires the Master rights, performs a double function: he is a franchisee before the parent company that sells his Master rights, and at the same time he will be the franchisor before each of the entrepreneurs who buy his individual franchise rights.
Answer:
determine how to support particular activities in ways that support the overall business strategy and competitive approach.
Explanation:
The primary role of a functional strategy is to determine how to support particular activities in ways that support the overall business strategy and competitive approach.
A strategy sets the overall direction for the business; it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
A functional strategy refers to the action plan designed and established for the day to day operations and smooth running of functional areas in an organization such as procurement, account, sales, marketing, security etc.