Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures regarding costs and local responsiveness. Describe entry modes they have usually used, and whether the modes are appropriate for the given strategy is described below
Explanation:
Global Strategy’ is a shortened term that covers three areas: global, multinational and international strategies. Essentially, these three areas refer to those strategies designed to enable an organisation to achieve its objective of international expansion.
In developing ‘global strategy’, it is useful to distinguish between three forms of international expansion that arise from a company’s resources, capabilities and current international position.
Implications of the three definitions within global strategy:
International strategy: the organisation’s objectives relate primarily to the home market.
Multinational strategy: the organisation is involved in a number of markets beyond its home country. But it needs distinctive strategies for each of these markets because customer demand and, perhaps competition, are different in each country. Importantly, competitive advantage is determined separately for each country.
Global strategy: the organisation treats the world as largely one market and one source of supply with little local variation. Importantly, competitive advantage is developed largely on a global basis.
Things like enthusiasm and knowledge
Answer:
$20,229.5
Explanation:
Given:
Amount to be received = $5,000
Time period, n = 5 years
nominal discount rate = 10.725%
inflation rate = 3 percent
Now,
Using the Fischer's relation, we have
1 + Nominal rate = ( 1 + Real rate ) × ( 1 + Inflation )
on substituting the values, we get
( 1 + 10.725% ) = ( 1 + Real rate ) × ( 1 + 3% )
or
1.10725 = ( 1 + Real rate ) × 1.03
or
( 1 + Real rate ) = 1.075
or
Real rate = 1.075 - 1 = 0.075 or 7.5%
Thus,
Present Value of an ordinary annuity that makes $5000 every year payment for 5 years will be calculates as:
Present value = Monthly payment × ![[\frac{(1-(1+r^{-n})}{r}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B%281-%281%2Br%5E%7B-n%7D%29%7D%7Br%7D%5D)
or
Present value =![5000\times[\frac{1 - (1 + 0.075)^{-5}}{0.075}]](https://tex.z-dn.net/?f=5000%5Ctimes%5B%5Cfrac%7B1%20-%20%281%20%2B%200.075%29%5E%7B-5%7D%7D%7B0.075%7D%5D)
or
Present value = 5000 × 4.0459
or
Present value = $20,229.5
Answer:
total liabilities = $169,008
Explanation:
total liabilities:
- Accounts Payable: $19,207
- Discount on Bonds Payable: ($7,000) ⇒ contra liability account
- Sales Tax Payable: 3,512
- FICA Tax Payable: 3,200
- Bonds Payable: 100,000
- Note Payable, due in two years 1,709
- Unearned Service Revenue 30,500 ⇒ must be reported as a liability
- Salaries and Wages Payable 17,880
to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008
Answer:
B. No, approval by an individual other than the requestor establishes greater accountability over inventory.
Explanation:
This step is required as it will ensure control over inventory usage.
