Answer:
As a result of half the orange crop being destroyed, there will be a shortage in the supply of oranges. This will shift the supply curve for oranges to the left as shown in the graphic.
Notice that the equilibrium price becomes higher. As a result of this, the Consumer surplus will <u>decrease</u> because they are now paying more than they would like to pay.
The situation will largely be the same in the market for orange juice because orange is the main component for orange juice. Orange juice supply will decrease and the supply curve will shift left.
Prices will rise and Consumer surplus will <u>decrease.</u>
<em>Note: Second graph x-axis is Quantity of orange juice. </em>
An MNE's business strategy provides a direction for managing various subsidiaries: Primarily guided by the extent of integration and/or local responsiveness required by the firm to manage its worldwide operations.
Integration: the extent to which the subsidiaries and the headquarters develop a unified whole
Local responsiveness: the extent to which subsidiaries respond to local differences
A company's plans for how it will act and make decisions in order to accomplish its goals and objectives are outlined in its business strategy. A business plan outlines the steps the organization must take to accomplish its objectives, which can help direct decisions on resource allocation and recruiting.
A business strategy is a collection of choices or actions that help management realize business objectives and maintain a competitive edge in the marketplace. It turns into a guide that directs an organization in the direction of expansion and success.
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Answer:
D) The report will express an opinion on whether the summary financial statements present the financial condition, results of operations, and cash flows in accordance with generally accepted accounting principles.
Explanation:
The only statement which is true is that which states : The report will express an opinion on whether the summary financial statements present the financial condition, results of operations, and cash flows in accordance with generally accepted accounting principles.
Her actions will be great!
