Globalization is the increase in the flow of goods, services, capital, people, and ideas across international borders. Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.
A flexible budget is one that is allowed to adjust based on a change in the assumptions used to create the budget during management's planning process. A static budget, on the other hand, remains the same even if there are significant changes from the assumptions made during planning.
A flexible budget adjusts based on modifications in real revenue or other activities. The result is financed within reason closely aligned with real effects. This approach varies from the extra commonplace static price range, which incorporates nothing but constant rate quantities that don't vary with actual sales levels.
A static budget is a budget that makes use of anticipated amounts for a given period prior to the period beginning. The unique element of a static budget is that it does not change irrespective of deviations in sales and prices.
The process of a flexible budget lets you alter spending throughout the 12 months; advantages consist of much less overspending, more possibilities, and faster responses to changing market and business conditions.
Learn more about flexible budget here: brainly.com/question/25353134
#SPJ4
In countries where the value of Group identification<span> is considered to be primary, managers and workers are discouraged from moving from company to company.
companies with primary group identification tend to operate with a specific cultural standard from their own culture. This will create an environment where loyalty is considered the most desirable trait to be had by each group member.</span>
Answer:
b. $8.3 million
Explanation:
A 2013 court verdict then ordered DePuy to pay plaintiffs <u>$8.3 million</u> in damages.
A Los Angeles´s court have ordered Johnson & Johnson´s DePuy orthopedic department to pay more than $338000 for medical cost and $8 million for pain and suffering to plaintiff Loren Kransky. As the company has recalled artificial metal hips which was found defective but DePuy did not took any action against fraud or malice. No punitive damage will be paid to the victim.
Answer: High need for power
Explanation:
He does not feel content in working for someone else. He would rather have the control himself.