It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.
<h3>What is training?</h3>
Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.
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Answer:
15.0%.
Explanation:
The formula to compute the annual rate of return is shown below:
= Annual net income ÷ average investment
where,
Annual net income is $30,000
And, the average investment would be
= (Initial investment + salvage value) ÷ 2
= ($400,000 + $0) ÷ 2
= $400,000 ÷ 2
= $200,000
Now put these values to the above formula
So, the rate would equal to
= $30,000 ÷ $200,000
= 15%
Answer:
Consider the following explanation.
Explanation:
The international business environment is complex and requires a number of steps to be taken by the organizations that operate in the global environment. The large multinational corporations (MNC’s) should have both strong principles as well as flexible structure to operate at the global level. The strong principles help in creating uniformity at the global level and guide a common organizational culture.
This enables the MNC’s to create a central control over the Global operations and manage the business in an effective manner. On the other hand flexibility is required for adopting the global operations as per the needs of the local conditions. This makes the business responsive and survives in the situations that are not similar to their home country. Thus it can be seen that MNC need to create a balance between strong principles and flexibility. Without either of them it will not be easy for the organization to survive in the complex global business environment.
Answer:
The correct answer is 7,020 units.
Explanation:
According to the scenario, the computation of the given data are as follows:
Fixed cost = $117,000
Selling price = $51
Variable cost = $26
Pretax income to earn = 50% of fixed cost
So, Pretax income = 50% × $117,000 = $58,500
So, we can calculate the units required by using following formula:
Units required = (Total fixed costs + Pretax income) ÷ (Selling price - variable cost)
= ($117,000 + $58,500) ÷ ( $51 - $26)
= 7,020 units.
Mercantilism is the name of the theory
