Answer:
Quota is preferred by the Chinese apparel manufacturers.
Explanation:
The reason is that the China has an competitive advantage of less costly workers and also that they are highly competitive in terms of prices. Usually the quality of American’s products are far much better in quality and technology. This means if the tariffs are imposed on Chinese products then their are huge revenue losses to Chinese apparel manufacturers. Whereas quota will enable them to sale their products to America which shows lower revenue losses.
So quota is far much better for Chinese manufacturer’s in case if America decides to use protectionist approach, I mean America decides to imposed trade barriers for Chinese companies to protect American companies.
Options:
A) Select distributors; don't let them select you.
B) Look for distributors capable of developing markets.
C) Give local distributors control over marketing strategy.
D) Treat local distributors as long-term partners.
E) From the start maintain control.
Answer:B) Look for distributors capable of developing markets.
Explanation: A Distributor is a person or an organization saddled with the responsibility of transferring products from one point to another. An independent Distributor is a person or an organization which is not owned by the person or Organisations that it serves.
One of the best guildlines for selecting independent distributors is to select a distributor that is capable of developing markets which may be a new market or an existing market.
Answer:
The answer is:
B) In a joint venture, the company shares risks, costs, and management with partners.
Explanation:
Some of the advantages of a joint venture are:
- You can increase your profit at a low cost
- Joint ventures are flexible enterprises
- If you affiliate with a well known brand you can get immediate recognition
- Shared costs, expenses, benefits, risk and management
- You get to share the know how of your affiliate company
Answer:
When you receive confirmation that the IRS accepted your return, it means that they have reviewed your return, and it has passed their initial inspection. They verify your personal information and other basic items, like if your dependents have already been claimed by someone else.
Explanation:
Answer:
The total amount of the costs listed above that are direct costs of the Cosmetics Department is $42,760
Explanation:
The computation of the direct cost is shown below:
= Cosmetics Department sales commissions + Cosmetics Department cost of sales + Cosmetics Department manager's salary
= $5,180 + $33,500 + $4,080
= $42,760
The other items which are given in the question are not relevant to the Cosmetics Department. So, these costs are ignored , and hence not considered in the computation part.