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miv72 [106K]
3 years ago
6

Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international bus

inesses based in the United Kingdom
Business
1 answer:
solmaris [256]3 years ago
8 0

Answer:

In the last 30 years, national economies have shifted towards decreasing trade barriers, and the world is becoming global economic space.  Economic turbulence, especially in one of the major economies like the US, Europe, and China, tends to have ripple effects on other world economies.  For example, the subprime housing crisis in 2008, which upturned the US economy, reached global proportions with the economic and financial meltdowns  that were felt globally.

The new emergence in the economic system suggests that national boundaries are shrinking, and economies are becoming integrated and interdependent.  In the last 30 years, China emerged as a global economic superpower, challenging the dominance of the US and European economies.

For businesses based in the United Kingdom, they have wider opportunities and better playing grounds.  They can look beyond Europe and the US for investment and business opportunities.  China, especially Hong Kong, is becoming an investment haven.  Even other developing countries like Brazil, South Africa, and Dubai are becoming more attractive with increased consumer spending.

Secondly, the United Kingdom will continue to be the center of attraction for some Asian firms that will use London as a launching pad for their European businesses.  This also poses some threats, just as it generates opportunities for global expansion of UK-based businesses.

Explanation:

Globalization has caused the world economies to merge and become a global economy.  However, in the last four years, China seems to be recoiling to its shelves with the coming on board of the Trump Administration, which had exposed China's behind-the-door fiscal and monetary policies.  This started when the administration labeled China as a currency manipulator.  China is becoming alienated from the US and having its reputation tarnished internationally.  The earlier prediction that China would emerge as the dominant superpower economy in 2010 was not wholly realized.  China is re-strategizing by concentrating its investments in Asia, Africa, Latin America, and some parts of Europe.

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NASA is conducting an experiment to find out the fraction of people who black out at G forces greater than 6. Step 1 of 2: Suppo
Artyom0805 [142]

The proportion of people who pass out at more than 6 Gs is 0.468.

<h3>How to calculate the proportion of people?</h3>

The percentage of participants in this sample who pass out at G forces greater than 6 is calculated by dividing the number of participants who passed out by the sample size.

No. of people whose sample is drawn = 585

No. of people who passed out at G forces greater than 6 = 274

The proportion of people who pass out at more than 6 Gs = 274/585

                                                                                                  = 0.468

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3 0
1 year ago
Irene has a debit card but rarely uses it. Last night, she determined that her card was lost and had been for sometime. What is
IgorLugansk [536]

Answer:

All the amount in her account

Explanation:

It is important to let concern authority known regarding a stolen debit card before it has been used. In this case, Irene had to no idea that her card has been stolen, so Irene's potential maximum liability is the total amount in her account. The bank is not liable because she did not convey this news to the bank earlier.

6 0
2 years ago
Suppose you work for amazon or a company that takes innovation as seriously as amazon does. what do you suppose is the likely re
Ymorist [56]
When the boss hears about this, the employee would probably go under training or in the worst scenario can be fired. A serious company that wanted to be on top most likely wanted individuals who are willing to take different tasks and understand how the business works. The employee should learn about the business and improve.
5 0
3 years ago
Managers can increase their ability to make nonprogrammed decisions that will allow them to adapt to, modify, and even drastical
vodka [1.7K]

Answer:

Learning.

Explanation:

Organisational learning is the process by which knowledge is created, retained, and transfered within an organisation. This will imporve quality of decision-making at all levels of the organisation.

Over time the organisation gains a broad knowledge base that it can use to better the organisation.

Innovative or nonprogammed decisions opens up a world of possibilities to the business and evaluation is done to get the best idea for implementation.

7 0
3 years ago
A proposed new project has projected sales of $175,000, costs of $93,000, and depreciation of $24,800. The tax rate is 23 percen
allochka39001 [22]

Answer and Explanation:

Sales                            = $175,000

Less: Cost                    = $93,000

Gross Profit                  = $82,000

Less: Depreciation       = $24,800

EBT                                = $57,200

Less: Tax [email protected]%    = $13,156

EAT                                 = $44,044

a). OCF = EBIT + Depreciation - Taxes

             = $57,200 + $24,800 - $13,156

             = $68,844

b). OCF = [(sales - costs - Depreciation) * (1 - T)] + Depreciation

             = [($175,000 - $93,000 - $24,800) * (1 - 0.23)] + $24,800

             = $68,844

c). OCF = [(sales - costs) * (1 - T)] + [Depreciation * T]

             = [($175,000 - $93,000) * (1 - 0.23)] + [$24,800 * 0.23]

             =  $68,844

d). OCF = Net income + depreciation

             = $44,044 + $24,800

             = $68,844

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2 years ago
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