Answer: The process of <em>applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political, and cultural environments </em>is <u>International management.</u>
Explanation: A company must have a global strategy aligned with the general culture in the company but which must understand and <u>adapt </u>to the different regional markets in which it operates. Every company must have a strategy and plan to follow the possible changes of each market in order to follow the main strategy all the time , and for this one to don´t be affected by the local one . To be able to correctly apply a <u>strategy,</u> it is necessary to understand how the local market works and have experience people on it.
The general tendency is the rejection to the new and unknown things that is why is better to arrive with allies or connections to the new place .
Answer:
Check the explanation
Explanation:
Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.
This will reduce the cost of production of American Producers and would increase their profit-margin.
This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.
So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.
Kindly check the attached image below to see the required graph -
Answer:
The correct answer is option B.
Explanation:
The quantity of output produced=3,000 units
The total cost of production is $36,000.
The fixed cost of production is $20,000.
The price of the good is $10.
The variable cost of production will be
=$36,000-$20,000
=$16,000
The total revenue earned is
=$10*3,000
=$30,000
The firm should continue to produce because the revenue is covering the total variable cost.
Answer:
within one year or the operating cycle, whichever is longer.
Explanation:
The current liability means the liability that becomes due and can be expected to be paid by maximum of the one year i.e. 12 months or the operating cycle whichever is more
It includes the account payable, salaries payable, wages payable in which the time period is of maximum 12 months
So the first option is correct
Answer:
Multiplier effect
Explanation:
Multiplier effect refers to increase in final income as a result of an injection of spending into the circular flow of income.
It refers to how demand triggers further spending.
In this question, we see how as a result of marys contract, income flows down to the plumber.
The size of the multiplier depends on the marginal propensity to consume. The greater the marginal propensity to consume, the greater the multiplier effect.
I hope my answer helps you