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The political environment in India has proven to be critical to company performance for both PepsiCo and Coca-Cola India. What s

wolverine [178]

Answer:

Explanation:

The political environment in India have played key role in company performance of PepsiCo and Coca-Cola India as follow:

- The Indian government viewed as unfriendly to foreign investors especially those who want to invest in other sectors apart from high tech sectors.

- Outside investment had been allowed only in high-tech sectors and was almost entirely prohibited in consumer goods sectors. The The “Principle of Indigenous Availability” (Policy banning imports being sold in India)

- Distribution Arrangements - Production plants and bottling centers were strategically placed in large cities all around India. They were more added as demand grew, along with new product lines. In Coca-Cola’s case, the JV with Parle provided access to its bottling plants and its products. By forming partnerships, both Coca-Cola and Pepsi were able to get initial access into the market.

5 0

3 years ago

Outsourcing is the: Group of answer choices use of computers to obtain value-creating data from the Internet. selling of a value

kumpel [21]

Answer: purchase of a value-creating activity from an external supplier.

Explanation:

Outsourcing refers to the business practice whereby a company hires the service of another party for the creation of goods and the rendering of services which were done traditionally by the employees of the company.

Outsourcing is the purchase of a value-creating activity from an external supplier. It's usually done by.conoanues in order to reduce cost or focus on more important parts of producttion.

5 0

3 years ago

Which economies systems have least in common?

Effectus [21]

Answer:

command economy and capitalism

Explanation:

A command economy is a situation where the government determines what goods and services are produced in a state. The government formulate its production policies to achieve his goals and objective. The major advantage of a command economy is that is reduces the level of inequality in a state, as against the profit motive in capitalism. Examples of a command economy country is North Korea and Cuba

Capitalism is an economic state where private individuals own and controls factors of production to for profit motive. Private investors are given power by government to control labour, capital and land in the production process with little or no involvement by government. Examples of countries practicing capitalism includes USA, Chile, canada, etc.

6 0

3 years ago

A firm that achieves superior performance relative to other firms in the same industry or the industry average has a

Nimfa-mama [501]

Answer:

The correct answer is option D.

Explanation:

Competitive advantage refers to the situation when a firm can provide better value to their customers or provide the same product at a lower cost. In other words, the company is able to outperform its competitors.

Economies of scale can arise because of several factors such as

Economies of scale
Geographical location
Internal systems

Competitive advantage gives a firm the ability to produce more efficiently than its rival and thus the firm has greater profit than its rival.

3 0

3 years ago

Assume the following information for Larkspur Corp. Accounts receivable (beginning balance) $145,000 Allowance for doubtful acco

gregori [183]

Answer: See the required journal entries below.

Explanation: See below steps to record the transactions that occurred during the period and recognize ultimately the bad debt expense.

Step 1: Recognize the transactions during the period

Debit Accounts receivables $944,000

Credit Sales revenue $944,000

(To recognize the sales on account)

Debit Cash $901,000

Credit Accounts receivable $901,000

(To recognize sales collection)

Debit Allowance for doubtful account $6,300

Credit Accounts receivable $6,300

(To recognize the write-off of accounts receivable)

Debit Cash $2,200

Credit Bad debt recovery (income statement/other income) $2,200

(Collection of accounts receivable previously written off)

Step 2: Movement schedules of accounts receivable and allowance for doubtful accounts

Accounts receivable

Balance, beginning of the period $145,000

Addition: Net credit sales 944,000

Less: Collections 901,000

Write-off 6,300

Balance, end of the period $181,700

Allowance for doubtful accounts

Balance, beginning of the period $11,480

Less: Write-off 6,300

Balance, end of the period (unadjusted) $5,180

Step 3: Journals for bad debt expense

Debit Bad debt expense [(9% * $181,700) - $5,180] $11,173

Credit Allowance for doubtful account $11,173

(To record bad debt expense for the period)

8 0

3 years ago