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Alex17521 [72]
3 years ago
11

Baxter Publishing sought to reduce expenditures related to the printing of books in its trade and educational market and contrac

ted with a printing company in China. However, the publishing company soon realized that China has weak enforcement of intellectual property laws and that gray market books began appearing in the marketplace, which greatly affected Baxter's profits. The company found that it had little recourse against the contract manufacturer and learned a very difficult lesson in international marketing. This exemplifies the impact of _______ forces on international business.
Business
1 answer:
Orlov [11]3 years ago
3 0

Answer:

Ethical and social responsibilities

Explanation:

Ethics is simply defined as an individual's personal beliefs on or about a decision, behavior, or action is right or wrong.organizations engages in ethics training. That is some companies offer employees training on how to cope with ethical dilemmas.

Ethical Behavior are refered to as behavior that adapt or conforms to generally accepted social norms.

Corporate Social Responsibility is simply defined as ideas that individuals who are involved in business should pit into due consideration in the social consequences of economic actions when making business decisions and presumption should be available in favor of decisions that have both good economic and social consequences.

The Approaches to Social Responsibility includes:

1- Obstructionist Stance

2- Defensive Stance

3- Accommodative Stance

4- Proactive Stance

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Answer:

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Explanation:

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3 years ago
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Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs
Sholpan [36]

Answer:

The break-even point measured in sales dollars is $8

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3 years ago
Which of the following statements about recessions is false?
drek231 [11]
The correct answer is choice D- 

It not true that a <span>recession is usually no longer than six months. A recession van be longer than 6 months (it takes a 6 months fall in real GDP for a recession to occur), but </span>a recession generally<span> does </span>not<span> last </span>longer than<span> a year. Beyond a year, the situation is much severe, and is called an economic depression.</span>
7 0
3 years ago
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X-inefficiency refers to a situation in which a firm: Group of answer choices fails to realize all existing economies of scale.
Veronika [31]

Answer:

fails to achieve the minimum average total costs attainable at each level of output.

Explanation:

X Inefficiency do take place in a firm when there is little or no incentive in controlling costs. As a result of this average cost of production will go up than necessary. And as a result of lack of incentives, technically, the firm will be far from efficient. It should be noted that X-inefficiency could be described as a situation in which a firm fails to achieve the minimum average total costs attainable at each level of output.

4 0
3 years ago
Arrange the types of investments in the correct order from the least risky to the most risky investment.
Anarel [89]

Bonds will be the least risky since there is no risk involved at all. Bonds give out guaranteed payments and A rated bonds will be even more secure.

The next would be property. Since property is a physical asset, the risk involved is relatively lower than stocks.

The next would be retirement plans which would typically have bonds and stocks.

The most risky would be speculative stocks.

The order from least risky to most risky would be:

1. A rated bonds

2. Property

3. Retirement plans

4. Speculative stocks


3 0
3 years ago
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