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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.

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$40 you want to charge enough to pay for them and make a profit.

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What happens when a bond becomes due?
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Read 2 more answers
The state of Indiana charges a 6% sales tax on most consumer goods. Grant purchased a generator for $400 and paid an additional
faltersainse [42]

Answer:

the correct answer is

The $400 retail price of the generator.

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8 0
3 years ago
In​ 1916, the ford motor company sold​ 500,000 model t fords at a price of​ $440. henry ford believed that he could increase sal
quester [9]
For the answer to the question above,
we must use this formula,
(New - Old)/ (Ave. of New and Old)

In this case,
501k -500k/(500,500(which is the ave. of the two.
Then it would be 1k/500,500

Then the answer would be .0020
Then
-1.439.5/439.5 because this is the average of the two.
so the answer would be .0023

Then finally divide the rate on change of quantity by the rate of change in price which is
0.002/-0.0023

Then the answer would be -.87

So the elasticity on the demand of model T is .87 ( remove the negative because elasticity is always positive.)

6 0
3 years ago
Masterson Company's budgeted production calls for 71,000 units in April and 67,000 units in May of a key raw material that costs
Arte-miy333 [17]

Answer:

70,200 units

Explanation:

Calculation to determine the budgeted materials purchases for April

Using this formula

Budgeted material needed for april=April budgeted production calls +

+ (Ending inventory*Ending inventory percentage)- Beginning inventory

Let plug in the formula

Budgeted material needed for april= 71,000 + (67,000*20%) -14,200

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Budgeted material needed for april= 70,200 units

Therefore the budgeted materials purchases for April is 70,200 units

4 0
2 years ago
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