1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allisa [31]
3 years ago
7

Darren Bloom, the sales manager for John Fountain Products, a small family business, is eager to get the company on an export pa

th. The CEO of the company is not convinced, however. Which of the following is an advantage of exporting that Bloom should use to convince the CEO?
a It helps in easy currency conversion.
b It reduces the administrative costs incurred by a company.
c It provides large revenue and profit opportunities.
d It reduces paperwork and complex formalities.
e It helps companies increase their unit costs.
Business
1 answer:
vlada-n [284]3 years ago
7 0

Answer:

The correct answer is C

Explanation:

Exporting is the term which is defined as the function of the international trade whereby the goods are produced or manufacture in one country and then are shipped to another country for the purpose of future sale or trade.

In order to convince the CEO for exporting the Bloom, he should state the advantage that on exporting, the company will have or provide large amount of revenue and the opportunities for profit.

You might be interested in
A firm would be experiencing a loss but still be producing if the price is ________.
Shalnov [3]

A firm would be experiencing a loss but still be producing if the price is Below $5 but above $4.

When does a firm decision not to produce any output its loss equals?

If the company decides to cease operations and stop generating any output, its revenue is, by definition, zero. By definition, its variable cost of production is also zero, making the overall cost of production for the company equal to its fixed cost.

Under which condition would the firm be incurring a loss?

When producing nothing offers better returns than creating some q units of output, a firm would be better off ceasing operations, for example. This states that if average variable expenses are higher than the price of the good, the company would be better off closing up shop since it cannot pay its variable costs as well.

Why would a firm that incurs losses choose to produce?

When sales fall short of total costs, losses happen. Even though the company is losing money, it is better to produce in the short term rather than closing down if revenues exceed variable expenses but not total costs.

Learn more about revenue: brainly.com/question/8645356

#SPJ4

6 0
2 years ago
Which does branding accomplish
Lelechka [254]

Answer:

Advertising to the public

Explanation:

6 0
4 years ago
Read 2 more answers
1. Your best friend says they don’t think insurance is important. Explain to them why it is important to have insurance. How is
olasank [31]
Insurance is very important and acential it helps you when something big has happend it is your life support figurtivly speaking

well a will usually includes priceless items or valuable family airloms which is given to a relative or friend yes it is a great idea because people have something to rember you by and you thing have a great owner
3 0
3 years ago
The XYZ Manufacturing Co. uses a gain sharing plan that gives incentives to employees to finish products rather than to incentiv
Sav [38]

Answer:

A) Improshare

Explanation:

Based on the information provided it can be said that in this scenario the gain sharing program being used by XYZ Manufacturing Co.  is improshare.  This term refers to “Improved Productivity through Sharing” and is a type of bonus that is given to employees for having increased productivity. Meaning that they produce more output in the same time as before.

8 0
3 years ago
Lin’s Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the b
Nesterboy [21]
What amount should be recorded as Bad Debt Expense for the current year?
Not yet due:
22,000
Estimated Percentage Uncollectible: 3%
Estimated Amount Uncollectible: 660

Up to 120 days past due:
6500
Estimated Percentage Uncollectible: 14%
Estimated Amount Uncollectible:
910

Over 120 days past due:
2800
Estimated Percentage Uncollectible: 34%
Estimated Amount Uncollectible: 952

Estimated Balance in allowance for doubtful accounts: 2522

Current balance in allowance for doubtful accounts: 1200

Bad Debt Expense for the Year: 1322
4 0
2 years ago
Other questions:
  • "a customer owns 1,000 shares of xyzz stock, purchased at $40 per share. the stock is now at $45, and the customer has become ne
    15·1 answer
  • Explain the Charachteristics and the internal controlfeatures of an imprest fund.
    5·1 answer
  • Which type of financial ratio indicates whether or not the organization is capable of paying off its short-term debts without ha
    5·1 answer
  • In what way do Vision Spring and Warby Parker participate in corporate social responsibility?
    5·1 answer
  • Is a text or image that allows the user to access that file or web page with'a single click
    9·1 answer
  • Which is generally true in countries where central banks are relatively independent from their governments
    13·1 answer
  • SuperOil has a debt-to-value ratio of 15%. Its revenue is 100,000 per year and cost is 70,000 per year forever. Its cost of debt
    7·1 answer
  • A company that has filed a Chapter 11 bankruptcy petition intends to pay an insider key employee an inducement to remain with th
    14·1 answer
  • Pappy sent an identical instant message to two members of his team about the deadline for a report. One recipient felt Pappy was
    9·1 answer
  • An) _____ is a simple project management planning tool used to break the project plan into smaller and smaller steps.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!