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8_murik_8 [283]
3 years ago
14

Many influential economists, politicians, and business leaders think that a shift toward a more integrated and interdependent gl

obal economy is a good thing. There is evidence to support the theory that falling barriers to international trade and investment drive the global economy toward greater prosperity. There are, however, critics who argue against globalization. Anecdotes, evidence, and arguments can be collected to support each side of the debate.
International businesses need to understand the nature of the globalization debate and observe how their own practices may act in support of or against globalization. Understanding how each side sees the issues can lead toward better solutions to the problems caused by globalization.
Evaluate the issues listed on the left. Decide whether the issue is an Argument For Globalization or an Argument Against Globalization and who or what is being affected by the issue. Drag the issue to the appropriate column in the chart.
1. Manufacturing jobs move to low wage countries.
2. Increased efficiency of the whole economy.
3. Lack of adequate regulations to protect the environment.
4. Economic power shifts from nations to international institutions.
5. Tougher environmental regulations follow economic progress.
6. Real power resides with nation-states.
7. The gap between the rich and the poor nations of the world has gotten wider.
8. Living standards improve.
A. Who or what is affected
1. Producers
2. The environment
3. Consumers
4. Workerd
B. Arguments For Globalization
C. Arguments Against Globalization
Business
1 answer:
Ivenika [448]3 years ago
4 0

Answer:

1. Manufacturing jobs move to low wage countries.  ⇒ ARGUMENT AGAINST GLOBALIZATION (4. Workers)

2. Increased efficiency of the whole economy.  ⇒ ARGUMENT IN FAVOR OF GLOBALIZATION (1. Producers)

3. Lack of adequate regulations to protect the environment.  ⇒ ARGUMENT AGAINST GLOBALIZATION (2. The environment)

4. Economic power shifts from nations to international institutions.  ⇒ ARGUMENT AGAINST GLOBALIZATION (3. Consumers)

5. Tougher environmental regulations follow economic progress.  ⇒ ARGUMENT IN FAVOR OF GLOBALIZATION (2. The environment)

6. Real power resides with nation-states.  ⇒ ARGUMENT IN FAVOR OF GLOBALIZATION (3. Consumers)

7. The gap between the rich and the poor nations of the world has gotten wider.  ⇒ ARGUMENT AGAINST GLOBALIZATION (3. Consumers)

8. Living standards improve. ⇒ ARGUMENT IN FAVOR OF GLOBALIZATION (3. Consumers)

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Item1 1 points eBookPrintReferencesCheck my workCheck My Work button is now enabled1Item 1 Lanni Products is a start-up computer
larisa [96]

Answer:

Lanni Products

a1. Balance Sheet after getting the bank loan:

Assets:

Computer equipment        $30,000

Cash                                      70,000

Total assets                      $100,000

Notes Payable (Bank Loan) 50,000

Owners' equity                    50,000

Liabilities + Equity            $100,000

a2. Ratio of real assets to total assets:

= $30,000/$100,000  

= 0.3

b1. Balance Sheet after spending the $70,000 to develop its software product:

Assets:

Computer equipment        $30,000

Software                               70,000

Cash                                      0

Total assets                      $100,000

Notes Payable (Bank Loan) 50,000

Owners' equity                    50,000

Liabilities + Equity            $100,000

b2. The ratio of real assets to total assets

= $30,000/$100,000

= 0.3

c1. Balance Sheet after accepting payment of shares from Microsoft:

Assets:

Computer equipment        $30,000

Investment in shares          140,000

Cash                                      0

Total assets                      $170,000

Notes Payable (Bank Loan) 50,000

Owners' equity                   120,000

Liabilities + Equity             $170,000

c2. The ratio of real assets to total assets:

= $30,000/$170,000

= 0.2

Explanation:

a) Data and Calculations:

Assets:

Computer equipment $30,000

Cash                              20,000

Owners' equity           $50,000

Cash Account:

Beginning balance         $20,000

Bank loan                          50,000

Cash balance after         $70,000

Software development ($70,000)

Balance after software    $0

Microsoft shares             140,000 (2,000 * $70)

Loan payment                 (50,000)

Ending Balance              $90,000

Note Payable (Bank Loan) = $50,000

a) Lanni' real assets are the tangible assets (for example, computer equipment) that have an inherent value due to their physical attributes, and examples include metals, commodities, land, and factory, building, and infrastructural assets.  Lanni's Software is not treated as a real asset.  Similarly, the Investment in Microsoft is not a real asset.

4 0
3 years ago
Price Manufacturing assigns overhead based on machine hours. The Milling Department logs 1,800 machine hours and Cutting Departm
kifflom [539]

Answer and Explanation:

The Journal entry is shown below:-

Work in progress Dr, $24,000

        To Manufacturing Overhead $24,000

(Being the overhead assigned is recorded)

For recording this we debited the work in process as it increased the assets and credited the manufacturing overhead for assigning the overhead

Working note

Overhead amount = (Milling Department + Cutting department) × Overhead rate

= (1,800 + 3,000) × $5

= $4,800 × $5

= $24,000

5 0
3 years ago
Compare and contrast the protection to intellectual property provided by trade secrets relative to that provided by patents. Wha
Vera_Pavlovna [14]

Answer:

1. Protection to trade secrets and patents:

a. Trade secrets are protected indefinitely.  Generally, patents are granted for a maximum of 20 years.

b. The owner of a trade secret does not need to pay annual fee to defend the secret.  A patent holder is required to pay an annual fee, in order to make the patent enforceable.

2. Important defense for defendants in trade secret cases that is not available to patent infringement defendants:

The defendant in a trade secret case will cite that the secret is still commercially valuable.  But a patent holder cannot cite this because the patent is granted for a maximum of 20 years to stop stifling innovation.

Explanation:

Both trade secrets and patents are intellectual property rights which confer on their owners the exclusive use of their intellectual property.  The major differences are in the duration and the defense of the rights.  Patents, unlike trade secrets, do not last forever.  Patents, again unlike trade secrets, must be defended periodically through the payment of fees.

7 0
2 years ago
Suppose you buy a new iClicker 2 from the Illinois bookstore for $29.99. Your friend was lucky and found a used iClicker 2 onlin
Leokris [45]

Answer:

U.S. GDP increase by $29.99

Explanation:

given data

buy new iClicker 2 from bookstore for $29.99

used iClicker 2 online = 10

to find out

How much does U.S. GDP increase by

solution

we know that GDP is only include value of good and service produce during the certain period of time

and here we buy new iClicker 2 from the Illinois bookstore at $29.99 is only part of U.S. GDP

but when used iClicker 2 online is at $10 is not the part of U.S. GDP

so we can say U.S. GDP increase by only at  $29.99

so U.S. GDP increase by $29.99

5 0
3 years ago
In 2012, former Chief Financial Officer (CFO), Jennifer Cue, returned to Jones Soda as Chief Executive Officer, with a mandate t
Dvinal [7]

Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

<h3>What is the B2B partnership?</h3>
  • A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
  • This might take the form of opportunities for product development, marketing, or general corporate growth.
<h3>What is the reseller market?</h3>
  • The market is made up of wholesalers and merchants that purchase goods to resell.
  • A reseller purchases goods with the intention of reselling them for a profit later.
  • Since resellers buy products and services in bulk from suppliers, they frequently get deals.
  • Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
  • These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.

Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

Know more about wholesalers here:

brainly.com/question/7062667

#SPJ4

8 0
2 years ago
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