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vovangra [49]
3 years ago
7

Scale efficiencies are the cost advantages that enterprises obtain as fixed costs are spread out over more units of output. But

some companies sacrifice scale efficiencies for responsiveness to local conditions. In these companies, country managers understand local laws, customs, and tastes and can decide how to meet them and increase sales. This global strategy is called
Business
1 answer:
mr Goodwill [35]3 years ago
4 0

Answer: multi-domestic strategy

Explanation:

A multi-domestic strategy refers to a strategy whereby a company responds to the local market by making and customizing their product in order to match the different national conditions.

The strategy enables the multinational's individual subsidiaries to be able to compete independently in the domestic markets. An example of a multidomestic company that uses the multidomestic strategy is Nestlé which utilizes its marketing approach for the markets where it operates as it tastes is based on the needs of the people in the country.

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Should i be a vetinarian
Grace [21]
You can be. 

If you like animals, this is a job for you. Ask yourself "Could I be a doctor?" If you think you could, then go for a vet job! 

Good luck! 
7 0
4 years ago
Read 2 more answers
________ is defined as a business firm's intention, beyond its legal and economic obligations, to do the right things and act in
Serggg [28]

Answer:

Social responsibility

Explanation:

Social responsibility is an obligation of a business firm to act in ways that are good to the society. A business firm must act in a way that will benefit the society.

It suggest that a business firm must be concerned about the welfare of the people in the community.

It is ethical of a business to consider the welfare of the people before taking any action in the society. This implies that, a business firm shouldn't only consider making profit or expanding their business but should take into consideration the wellbeing of the people around them.

Social responsibility is not only performed by a business firm but also the duty of every individual that is capable of impacting the environment.

Every individual and business firm should impact the environment in a positive way and Improve on the wellbeing of people dwelling in the environment.

4 0
4 years ago
You are considering investment that is going to pay $1,500 a month starting 20 years from today for 15 years. If you can earn 8
Margarita [4]

Answer:

  • <u><em>$31,858.57</em></u>

Explanation:

1. First calculate the value of a constant annuity of $1,500 for 15 years at the 8% return.

The formula is:

            PV=C[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]

Where:

  • PV is the present value of the annuity
  • C is the constant pay,emt: $1,500
  • r is the rate of return: 8%/12 = 0.08/12 =
  • t is the number of periods: 15 years × 12 moths/year = 180

Substitute and compute:

            PV=\$ 1,500[\dfrac{1}{(0.08/12)}-\dfrac{1}{(0.08/12)(1+0.08/12)^{180}}]

            PV=\$ 156,960.89

<u>2. Discount to the present year.</u>

You calculate the value of the annuity 20 years from now.

Then, you must discount that value at the same 8% rate to have the price today.

           Price=(Value\text{ }in\text{ }20\text{ }years)/(1+r)^t

Here, the value in 20 years is $156,960.89, r = 0.08/12, and t = 240 (20 × 12).

           Price=\$ 156,960.89/(1+0.08/12)^{240}=\$ 31,858.57

5 0
3 years ago
A cost that remains fixed over limited ranges of volumes but changes by a lump sum when volume changes occur outside these limit
Reil [10]

Answer:

Variable cost

Explanation:

because sometimes companies set fixed price to other product

6 0
3 years ago
Journalize Period Payroll The payroll register of Chen Heritage Co. indicates $3,000 of social security withheld and $750 of Med
bearhunter [10]

Answer:

Following are the journal entries recorded for the payroll of current time period;

Debt: Salary Expense = $50,000

Credit: Tax Payable by Medicare = $750

Credit: Deduction Payable For Employee Saving = $2,550

Credit: Income Tax payable for Federal Employees = $9,000

Credit: Tax payable for Social Security = $3,000

Credit: Salaries payable to Employees = $34,700

6 0
3 years ago
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