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Alika [10]
4 years ago
15

A medium-sized hardware manufacturer wants to become deeply involved in exporting, but it does not yet wish to actually manufact

ure any of its products overseas. The company wants to maintain control over its sales while gaining experience in foreign markets. Which option would be best for this company
Business
1 answer:
marta [7]4 years ago
7 0

A medium-sized hardware manufacturer wants to become deeply involved in exporting, but it does not yet wish to actually manufacture any of its products overseas. The hardware manufacturer should establish it's own sales offices in foreign countries.

Explanation:

By establishing its own sales offices in foriegn countries, the benefits which come through are :

Expanding Brand Recognition : By opening a branch in a new country, a company has the opportunity to expand the reach of their brand.

  • More Cost-Effective Production and Manufacturing : There are advantages to setting up a foreign subsidiary in another country where there may be a cost-effective manufacturing and production industry
  • Access to Technical Skills / Regional Knowledge : Some foreign countries have greater access to advanced technology and are more adept with technical skills.
  • Customer Service Centers : Multinational companies with established international customers may need to open a foreign branch office for customer service reasons, and will look for a business friendly location for that purpose.
  • Part of a Global Expansion Plan : Some countries serve as an excellent base, enabling the foreign company to expand into the region.

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Which of the following statements about economic models is correct? a. Economic models are built to mirror reality exactly. b. E
gavmur [86]

Answer:

c. Because economic models omit many details, they allow us to see what is truly important.

Explanation:

  • An economic model is a theoretical construct that represents economic processes and by a set of variable and has a sets of quantitative interrelations. Also this model is assimilated as a form of a mathematical variable and is designed to show the called processes and selects the data based on the paradigm of the economic study.
8 0
3 years ago
Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is three units per hour a
zheka24 [161]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
6 0
3 years ago
he supplies account had a balance of $4,400 at the beginning of the year and was debited during the year for $2,400, representin
nexus9112 [7]

Answer:

$6,400

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

Supplies account is an asset account and has normal balance as debit balance. It increases with the purchase and decreases with the use of supplies.

Given:

Supplies (beginning) = $4,400

Purchased (supplies) = $2,400

Supplies (ending) = $400

Let supplies expense be x.

Now,

Supplies (ending) = Supplies (beginning) + Purchased (supplies) - Supplies expense

$400 = $4,400 + $2,400 - x

$400 = $6,800 - x

x = $6,800 - $400

Supplies expense = x = $6,400

6 0
3 years ago
What is local business​
Helen [10]
A local business is a busses that sells its products and services to consumers in its own city or town.
7 0
2 years ago
Read 2 more answers
The narrator spends his days...
bekas [8.4K]

Answer:on edge

Explanation:

What did Juliet do? She sent the nurse to speak with Romeo

What did the nurse do? She agreed to the quest

What motivated Juliet to make this request? Her desire to marry Romeo

What motivated the nurse to go on this quest? She cares about Juliet's happiness

8 0
3 years ago
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