Answer:
Ethnocentric
Explanation:
Ethnocentric policy is the staffing strategy used by multinational companies to assign key positions or managerial position to only home country´s nationals rather than local employee. It help in effective communication between host and home country, it allign the interest of home country with other host country, these policy help in smooth work flow and co-ordination with the headquarter. These companies does not differentiate in policy for foreign and domestic market.
With a(n) the add-on method is a widely used technique for computing interest on installment loan, interest charges are calculated using the original balance, and these charges are then added to the loan.
Add-on method:
1. A common approach for calculating interest on installment loans is the add-on method. When using the add-on technique, the indicated interest rate is applied to the loan's original balance to determine interest.
Reason:
When applying for a loan or mortgage, the calculation method called add-on interest is used. The interest due on the loan is determined using this method at the beginning of the loan. The principal is increased once the interest has been calculated. The principal and interest are both repaid along with the loan when the borrower repays it.
Financial institutions benefit from the add-on approach because even if the borrower pays off the loan early, the bank will still receive the full interest payment. As a result, interest is always computed on the principle, or the original loan amount, rather than the current balance.
2. Where F, is the finance charge for the loan, and the loan's length is measured in years.
Reason: An annual rate is always used to express interest rates. As a result, the loan's term will likewise be calculated annually.
Learn more about add-on method here brainly.com/question/18437550
#SPJ4
Answer:
a footnote or parenthetical disclosure
Explanation:
Based on the information provided within the question it can be said that in this scenario this only needs to be included as a footnote or parenthetical disclosure. Mainly due to the fact that the choice does not affect the financial statements, therefore it only needs to be added to provide extra clarity on the information within the financial statement.
Answer:
c. cost-leadership strategy
Explanation:
Contour Autos tend to decrease the price of the product and that the quality served of the product is acceptable and not degraded. In this manner as against the normal industry the company supplies same quality goods at lower prices.
This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.
The Company tends to lead in the market through lower cost of goods supplied with the same quality.
Answer:
The correct answer is:
$80,500 (b.)
Explanation:
First of all, not that total anticipated October sales is the same thing as projected October sales. Therefore, this sale is calculated as follows:
Projected sales = 7,000
unit price = $11.50 per unit
Therefore
Price for 7,000 units = 11.5 × 7,000 = $80,500
