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ikadub [295]
3 years ago
5

What is the impact of Corona virus as one of the socio economic issues on businesses​

Business
1 answer:
Anna71 [15]3 years ago
5 0

Answer:

The CO.VID-19 pandemic produced a wide variety of types of effects worldwide, especially from spring 2020. Many people got sick and died from CO.VID-19. The fear that they themselves or people for whom they feel responsible would share this fate seized the population, scientists and politicians worldwide. There was a need for action from the development of the number of newly infected and deceased, from the economic crisis 2020/21, from a problematic development of social structures, from psychological stress on the Individuals and from further effects. In addition to concerns about people's lives and health and the resilience of the economy, there was also concern that the population could be deprived of basic rights for longer than justified by the pandemic.

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An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export
Agata [3.3K]

Answer:

Read the explanation below.

Explanation:

A. Luxury yatch: Not a lot of people buy Yactchs, but a lot of businesses are capable of making them. So more or less the buyer is in position to dictate terms. And asking the buyer to open a letter of credit may result in the loss of sale.

But to protect against the risk of losing payment, the seller can opt for export credit insurance. Here on advantage of export credit insurance is the exporter is more likely to make the sale in a competitive market such as this. If there is a default, the insurance should cushion the blow. However, Canada and California are not known for opaque or radically different legal systems, are not far away, and do not have linguistic or other barriers. In the event of default, the yatch is likely to be returned.

b. Machine tools. Again, one advantage is that the new yorker exporter is more likely to make the sale. The exporter's position however is strong due to the fact not lot of people make machine tools as the are hard to make and have a higher fixed costs.

Thus, letter credit is the most viable option in this case.

3 0
3 years ago
Sales Tax Transactions Journalize the entries to record the following selected transactions: a. Sold $62,800 of merchandise on a
Rus_ich [418]

Answer:

Dr Account receivable $65,940

Cr Sales Revenue $62,800

Cr Sales tax payable $3,140

Explanation:

Sales of merchandise inventory on account

Dr Account receivable $65,940

Cr Sales Revenue $62,800

Cr Sales tax payable $3,140

Sales tax payable = Sales Revenue × Sales tax percentage

$62,800×5%

=$3,140

Amount of account receivable

Account receivable = Sales Revenue + Sales tax payable

$62,800+ $3,140

=$65,940

8 0
3 years ago
According to Linda Hill's study, after six months as a manager, most of the new managers believed that their job was to:
r-ruslan [8.4K]

Answer:

<em>According to Linda Hill's study, after six months as a manager, most of the new managers believed that their job was to:</em><em> </em><em><u>solve </u></em><em><u>problems </u></em><em><u>for </u></em><em><u>subordinates</u></em>

Explanation:

<em>What</em><em> </em><em>is </em><em>subordinat</em><em>i</em><em>on </em><em>and </em><em>why</em><em> </em><em>is </em><em>it </em><em>important</em><em>?</em><em> </em>

<em>Subordination</em><em>:</em><em> </em>

<em>Making an idea more important than another idea in a sentence.</em>

3 0
3 years ago
If the real output is at a near maximum level, which of the following should be considered?
Natasha2012 [34]

Answer:

D. the market will fail Explanation: The output at maximum level will eventually reduce demand because the product will be over in circulation which attract a deducting in its price and demand too.

3 0
4 years ago
Ryan is working in a database that organizes vendor contact information. Ryan must find vendors located in two cities. The vendo
krek1111 [17]

Answer:

AND

Explanation:

AND condition is used when we need to check for the condition in which both the given conditions are satisfied.

Here from the statements provided in the question, it can be observed that the vendor must have offices in both the cities  i.e the condition should be followed that the vendor has the office in one city AND the other city.

3 0
3 years ago
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