The answer is globalization.
This is when you are now bringing your economy from domestic to
international level where you are now engaging in business transactions with other
countries overseas. There will be many hurdles but these are necessary when
competing in the global market.
Answer: The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channel is known as outsourcing.
Explanation: Outsourcing can be a great move for many companies because often times they are able to receive the product cheaper through cheaper labor or have a supplier that focuses on just that one thing develop it better. Outsourcing allows someone who is better skilled in a particular area make a good or act on a service rather than the initial company.
Answer:
false, these two can be related
Explanation:
false
Answer:
61,198.47
Explanation:
First we solve for the present value of the note receivables at January 1st, 2021 As we are asked for the interest revenue on the 2021 incoem statment
Maturity $750,000.00
time 2.00
rate 0.10000
PV 619,834.7107
now, we calcualte the interest considering the 10% implicit interest
619,834.7107 x 0.10 = 61,198.47
This will be the interest revenu for the year 2021
Answer:
one product strategy
Explanation:
Based on the information provided within the question it can be said that the best strategy in this situation would be a one product strategy. This is a business strategy in which the company focuses on a single flagship product and making it sell as much as possible before diversifying into other products. This prevents the company from being overwhelmed with various products and instead allows them to focus and one and grow the product as well as the company.