The Food and Drug Administration sets standards for

Country A would have an absolute advantage compared to Country B in the production of corn if

viva [34]

Answer:

B) Country A uses fewer resources to produce corn than Country B does.

Explanation:

An absolute advantage is a situation where a country or a company can produce some goods and services using fewer inputs compared to competitors. The company can produce more quantity of using the same amount of inputs than others. A country with an absolute advantage will manufacture a product at a lower cost than other countries or companies.

Absolute advantage enables companies and countries to gain from trade. Through specialization, a company will focus on what it can produce at a lower cost than others, and sell it. Country A has an absolute advantage if it can produce corn at a lower cost than country B.

6 0

3 years ago

When a government limits imports via tariffs and quotas and subsidizes exports in order to maximize exports and minimize imports

Jlenok [28]

Answer:

The correct answer is letter "A": A mercantilist philosophy.

Explanation:

The mercantilist philosophy is the economic approach whereby governments control their economies to reduce imports and maximize exports. It is believed that by taking such a measure, the wealth of the nation would increase as a result of the surplus in the balance of trade of the country. The trade balance is calculated by subtracting imports from exports.

3 0

3 years ago

Purchase order processing requires distributing, allocating and executing funds, ensuring that funds are not over-committed, and

kobusy [5.1K]

Answer:

Hi, so it apprears that this question is about Purchase Order processing.

Whilst it is important to note that the steps used in purchasing process differs from company to company depending on their policies and practices, There are also very generic steps that cut accross board. They are:

Here are the steps involved:

1. Creation of the Purchase Order

2. Approval of the Purchase Order

3. Dispatch of the Purchase Order

4. Making and taking delivery of the good(s) and or service(s) that was requested whilst checking to confirm their consistency with what was ordered.

5. Issurance of Invoice by the supplier to the purchaser demanding payment for good(s) and or service(s) delivered

6. Checking that the invoice, the purchase order and the cotents of the delivery note all synchronise before making payment.

Explanation:

Purchase order management is a subset of Financial Management. Management of finance as the name implies connotes the proper and judicial management of cashflow.

When purchae orders are reviewed, it is with the intention to check

whether or not the items ordered are no longer required
whether or not the supplier is unable to provide or deliver the requested item(s) and or service(s)
whether or not an invoice has been treated for a recieved devlivery

In doing so, funds are allocated properly (that is, there are no critical shortfalls or excessive commitment of funds. This allows for proper cashflow management.

Cheers!

5 0

3 years ago

Corporate culture is important to have in an organization which jf the following is a readin why corporate culture is important

solniwko [45]

Corporate culture is important as it guides how the workers in a company act and think.

<h3>What is corporate culture?</h3>

It should be noted that corporate culture simply means the behaviors that determine how the employees of a company interact.

In this case, corporate culture is important as it guides how the workers in a company act and think.

Learn more about culture on:

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6 0

2 years ago

For a comesmetics company which external factors will be particularly important to study?

WITCHER [35]

For a cosmetics company, external factors which will be particularly important to study is the social factor.

<h3>What is an external factor of business?</h3>

External factor of business refers to factors that affect the operations of the business from outside sources. These factors are uncontrollable in nature which can create both positive and negative impacts on success.

A cosmetics company should study the social factors which include the buying habits of customers regarding products, advancement of technology, and the response of the customers towards change.

Income level and education are also considered social factors which can impact the success of any cosmetics company.

Learn more about social factors, here:

brainly.com/question/12249460

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4 0

2 years ago