YOU CAN INVEST THINGS SUCH AS MONEY AND IT EXPANDS THE AMOUNT OF MONEY YOU HAVE. THIS MEANS THAT YOU CAN GET MORE MONEY AND HAVE MORE MONEY TO WASTE ON FUTURE PLANS.
Describing the differences among ethnocentric, polycentric, regiocentric, and geocentric management orientations. We can explain them as follows.
In an ethnocentric management orientation, domestic enterprises or organizations think that their domestic activities or practices within the domestic area influence the domestic market. In this situation, the management teams are frequently transferred from their hometown or place of origin to a new site or a foreign nation.
The approach known as polycentric management orientation is one in which companies and organizations think there is always a distinctive strategy in every global market. This entails hiring and advancing suitable people from the same nation or region that the company works in. It primarily aims to lower hiring costs.
On the other side, the huge multinational firms that tend to construct groups of nations or regions where their branches are located and then develop policies and strategies that would only be relevant in those nations or regions are known as "regiocentric management orientation."
Contrary to the polycentric method, firms and organizations using geocentric management operations hire personnel from all over the world. KFC frequently adopts this stance.
Hence, differences among them have been explained above.
Learn more about Management:
brainly.com/question/1276995
#SPJ4
Answer:
The total contribution margin for the firm is: $209,095
Explanation:
The contribution margin is calculated by using following formula:
Contribution margin = Total sales – Total variable costs
In International Imports,
Total sales = $674,500
Total variable costs = cost of goods sold + total variable selling and administrative expense = $404,700 + $60,705 = $465,405
Contribution margin = $674,500 - $465,405 = $209,095
Answer: 1) Carol can use the surve results to . identify the building blocks of competitive advantage and develop strategies to use them to increase profitability and in this way try to get the most out of it.
2) Strategically, managers who have identified these advanced factors should <u>take steps to protect these assets, either formally or as a trade secret, optimize the company's use of them and not outsource them to other firms </u>because it is convenient to try that the competition does not find out about the use of this factor of production so that it cannot imitate them and thus be able to gain a greater market share to the competition.
3) The statement "in response to requests from customers for healthier food on the menu, a restaurant tweaks its recipe for its most popular sandwich to remove processed ingredients and replace them with fresh vegetables." describes a strategy that adds value to multiple factors as it goes through several activities in the value chain because the company's decision to use less processed ingredients and more fresh vegetables not only facilitates production but also responds to a customer need, which will value the products even more.
Answer:
a. are efficient, but long lines are inefficient
Explanation:
A rationing mechanism is a system in which who gets how many goods during a shortage is carefully chosen, in order to do these long lines are used even though they are inefficient.
I hope you find this information useful and interesting! Good luck!
