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enot [183]
2 years ago
10

How does increased competition through FDI in the form of greenfield investments affect the host country

Business
1 answer:
Kisachek [45]2 years ago
4 0

Answer: It drives down prices and increases the economic welfare of consumers.

Explanation:

Greenfield investment is a form of Foreign Direct Investment where the investors build a facility/ies in the host nation from scratch as opposed to buying or leasing one.

With increased competition from greenfield investments, consumers would be better off because there will be more quantity of the relevant good available in the market. This will lead to the prices falling and consumers being able to afford more of the good at higher qualities.

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Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining industry. The following info
Lena [83]

Answer:

$6 per unit

Explanation:

using the weighted average method:

units completed 92,000 x 100% (both materials and conversion)

ending work in progress 24,000

  • materials 90% completed = 21,600
  • conversion 40% completed = 9,600

equivalent unit conversion costs = total conversion costs / total equivalent units of conversion

  • total conversion costs = $20,320 + $15,240 + $$182,880 + $391,160 = $609,600
  • total equivalent units of conversion = 92,000 + 9,600 = 101,600

equivalent unit conversion costs = $609,600 / 101,600 units = $6 per unit

4 0
3 years ago
While on her way to work, rachel remembered that she forgot her phone at home. she then decided to paste a note on her house doo
belka [17]
<span>Rachel is already on her way to work, in this case she will write the note to herself and store it in her pocket. When she returns home she will then proceed to paste the note on her door preventing her from forgetting it tomorrow.</span>
8 0
4 years ago
Porter Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product.
kkurt [141]

Answer:

1,370.85 Unfavorable

Explanation:

Standard rate :

= Budgeted variable overhead costs ÷ Budgeted direct labor hours

= $13500 ÷ 640

Direct labor hours = $21.09 per direct labor hour

Standard time to produce goods :

= Budgeted direct labor hours  ÷ Production volume

= 640 ÷ 6,400

= 0.10 hours

VOH Efficiency Variance

= ( SH − AH ) × SR

where,

SH are standard direct labor hours allowed

AH are the actual direct labor hours

SR is the standard variable overhead rate

(SH − AH ) × SR

= [(4,200 × 0.10) - 485] × $21.09

= (420 - 485) × $21.09

= 1,370.85 Unfavorable

5 0
3 years ago
An automobile insurance policy typically includes: a. collision, comprehensive, liability, and personal injury protection b. col
ladessa [460]

Answer:

b. collision, comprehensive, liability, personal injury protection

Explanation:

automobile insurance policy can be regarded as a contact that exist between someone and the insurance company, which provide protection from financial loss Incas there is arises of theft, accident on ones car. It should be noted that An automobile insurance policy typically includes collision, comprehensive, liability, personal injury protection

4 0
3 years ago
Discuss how managers can leverage on organizational behaviour components to maximise business success.
rusak2 [61]

Answer:

Managers can leverage organizational behavior components to maximize business success in the following ways:

Clearing locusts of control

Establishing communication chains

Organizing teams and orienting them to objective reach.

Identifying opportunity areas and establishing a critical feedback mindset for growth.

working with teams in an inclusive leadership scheme.

Explanation:

First of all, managers are observers that are trained to identify the processes of the organization. They have theoric and practical knowledge of the business dynamic and coordinate its operations to achieve success. Now, they have to set the organization's locus of control. To see what goals are achievable and which aren't. They also, create channels of communication to create a constant and dynamic environment to improve its operations. They organize teams setting goals and providing them tasks as well as responsibilities and freedom to innovate. Finally, they identify the opportunity areas and with a leadership scheme they work with the teams to improve efficiency.

7 0
3 years ago
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