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ahrayia [7]
3 years ago
8

The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic p

roduction is called _____.
a. outsourcing
b. importing
c. foreign investment
d. exporting
e. trading
Business
1 answer:
nydimaria [60]3 years ago
5 0

Answer:

a. outsourcing

Explanation:

Outsourcing can be regarded as a cost cutting measures in an organization, it involves the hiring of other party from another organization to perform some services or production in ones organization. The instances of outsourcing are Hiring human resource management as well as facilities management. Another one is hiring a

supply chain management,

It should be noted that The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic production is called outsourcing

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When a firm has international operations, choosing the most appropriate structure depends upon the extent of international expan
valkas [14]

Answer:

True

Explanation:

When a firm has international operations it should choose the most appropriate structure based on the following factors:

  1. extent of international expansion: into how many international regions do we plan to expand our activities.  
  2. the type of strategy: the have to choose between global, multidomestic or international strategy
  3. the degree of product diversity: on how many additional markets will our products compete? regionally or globally

Although 1 and 3 may be similar, there can be significant differences. For example, a US company may want to start selling their products in all of South America (regional product diversity), but it will do it by setting a South American office in Brazil only (international expansion is limited to Brazil only).

5 0
3 years ago
Under which law can a hotel guest sue for an injury that happened at the hotel’s spa?
Lesechka [4]

Answer:

C.) Premises Liability Act

Explanation:

This is because it happened on their property/premise. The Act states this to be true.

7 0
3 years ago
The factor which determines whether or not goods should be included in a physical count of inventory is
laila [671]

B)physical possession

4 0
3 years ago
Read 2 more answers
If the currency of your country is depreciating, this should __________ exports and __________ imports.
uysha [10]

Answer:

Stimulate; discourage.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.

Basically, in a floating exchange rate system, a fall or decline in the value of a currency with respect to another currency is generally referred to as currency depreciation. Currency depreciation can stimulate or improve a country's export value, if the depreciation occurs gradually and in an orderly manner because it will make the exported goods cheaper to the foreign customers. Thus, this would encourage willing investors to invest in the economy of that particular country.

Hence, if the currency of your country is depreciating, this should stimulate exports and discourage imports because currency depreciation increases a country's trade deficit (balance of trade) by enhancing the competitiveness of locally manufactured (domestic) goods in foreign markets (countries) and consequently, making foreign goods to become more expensive due to its lesser competitiveness in the domestic market.

3 0
3 years ago
Barney is a full-time graduate student at State University. He serves as a teaching assistant for which he is paid $700 per mont
Zinaida [17]

Answer:

$7800

Explanation:

Barney's salary per month = $700

His salary for nine months = 9 × $700 = $6300

Research grant received = $1500

His gross income = his salary for nine months + research grant received = $6300 + $1500 = $7800

8 0
3 years ago
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