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tia_tia [17]
3 years ago
15

Many U.S. firms have sought relief from foreign competition by demanding protectionism policies by the U.S. government. A better

way for companies to compete is to expand into foreign markets and:______.A) Lower prices.
B) Increase promotion both at home and abroad.
C) Continuously improve their products at home.
D) Join into cartels at home.
Business
1 answer:
lord [1]3 years ago
6 0

Answer: C) Continuously improve their products at home.

Explanation:

Protectionism policies like tariffs and import quotas have the effect of reducing free trade which erodes consumer welfare as well as hurting trade so should be avoided if better options exist.

One of those is for a company to increase its market base instead of relying on protection from the government. If they can expand into foreign market, they will have a larger market in which to trade their goods and increase profitability.

Another way is to improve their products at home. Better products would attract more customers to their products and increase profitability.

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On January 1, a machine with a useful life of five years and a residual value of $5,000 was purchased for $25,000. What is the d
emmasim [6.3K]

Answer:

c. $4,000

Explanation:

The computation of the depreciation expense for year 2 under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($25,000 - $5,000) ÷ (5 years)

= ($20,000) ÷ (5 years)  

= $4,000

In this method, the depreciation is same for all the remaining useful life i.e $4,000 is charged for remaining three years

7 0
3 years ago
converting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as:
Nikitich [7]

Converting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as aggregate planning.

Aggregate planning is a method for developing a business by arranging a management to the production and demands. In this method, the quarterly and annual business plans are converted into broad output and labor requirements for the intermediate term. This intermediate term may last from 4 to 12 months.

In this period of time the company will hire new employees to make enough output to satisfy the demands and thereby maximizing the profit with a minimum cost.

Aggregate planning ensures the efficiency and production of a company. Usually it is done as a prior activity to obtain a continuous production facility.

Learn more about aggregate planning at brainly.com/question/18803972

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5 0
1 year ago
Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s
exis [7]

Answer: The invisible hand

Explanation: Invisible hand can be defined as those unobservable market forces which helps the forces of demand and supply to reach to an equilibrium level.

In the given case, Daniel is giving work to local suppliers and jobs to residents as well as producing demand in the market by its products, thus, we can conclude that the given case is an example of invisible hand.

5 0
3 years ago
Read 2 more answers
Glace has a ______ consistency. A. creamy B. jelly-like C. watery D. thick
kari74 [83]
Glace has a glossy surface, and when frozen, appears like hard gelatin. I would have to say it is D. Thick.

Hope that helps!
8 0
3 years ago
Read 2 more answers
The debt created by a business when it borrows from a vendor or supplier is called a(n):
Tatiana [17]

Answer: Account payable

Explanation:

 The account payable is one of the type of department which track all the expenditures, purchasing order statement and the payment.

The main responsibility of the account payable is that it maintain all the historical records of the payment and also balance all the debt system. It is the process of recording all the important information or the data.  

According to the given question, the debt basically created by the business during the process of borrows  from the supplier or the vendors is known as the account payable.  

3 0
3 years ago
Read 2 more answers
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