1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igomit [66]
3 years ago
5

1) If you are a consultant for a business looking to expand in Europe, is Greece even an option?2) Do the facts that its populat

ion is comprised largely of government workers, that the citizens were largely in favor of defaulting on its national debt, and that the country nearly left the European Union constitute a deal breaker?3) If the government does, in fact, implement the agreed-upon austerity measures, would that be a sign that the country is on the right track?4) What other concerns would you have about entering the Greek market?
Business
2 answers:
zzz [600]3 years ago
8 0

Answer:1)Yes

2)No,not enough

3)improved economy

Stronger currency

Reduced National debt

Improve index of living

4)political stability

Raw materials

Market for products

Laws of the country

Tax regime

Explanation:Greece is a wonderful nation in Europ and is known for it's tourism attraction,with his fairly dense population ,it will provide market for a new product with novel usefulness.businesses like hotels and other hospitality business will thrive here.

2)The plan EU exit is not a threat since it has been called off,being government workers is not a challenge especially if the goods and services intended is essential.the issue of defaulting on national debt will not affect private businesses as the company will rejig it's credit system such that credit purchases will be minimal,but a survey of the needs of the Greeks and their perception of the product intended to sell will give a good idea of whether the business will their.once the taste of the people are met ,there is bound to be sales and once services or goods are essential e.g commucation ,food etcindustry the is bound to be high patronage.

3)thepositive effect of the goverment policon austerity will be seen in improved index of living,relative stronger currency etc

4) other factors to be considered before opening a branch in Greece includes,the level of political stability in the country, availability of raw materials for production, Highly skilled Greek labor, friendly tax regime or laws, money repatriation laws which allow parents company to get share if profits easily.

Fair share of markets for products.

Language barrier is also a very important consideration while a good knowledge of the country law system is key to sitting a company in Greece,so as not to run foul of the country laws .

TEA [102]3 years ago
6 0

Answer:

1. I will not consider Greece for now

2. It is a factor as it shows the general public character as to repayment of debts and keeping to contractual obligations which is the soul of business.

3. If the government implements the austerity measures it signifies that the country is on path of fiscal discipline which is needed to bring down their debt levels.

Explanation:

The debt to GDP ratio is about 180% which is bad for a country with no significant natural resource and poor private sector led economy. Though the economy appears to be growing marginally; it is still a fragile economy. Investors will rather adopt a "hold policy" pending when more positive economic indicators are sustained.

You might be interested in
If a typical firm in a perfectly competitive industry is earning profits. True or False
Gwar [14]

Answer:

The answer is True.

Explanation:

Because, then new firms will enter in the long run causing market supply to decrease, market price to fall , and profits to decrease.

6 0
3 years ago
Each of the following factors affects the weighted average cost of capital (WACC) equation. Which are factors that a firm cannot
QveST [7]

Answer:

-Tax rates

-The general level of stock prices

Explanation:

The factors that a firm cannot control are the ones that it has no power to decide and they are determined by a third party. According to that, from the options given, the factors that the firm cannot control are tax rates because they are established by the government and the general level of stock prices because it is determined by the supply and demand in the market.

The other options are not right because the company  can establish its process to evaluate investments and expenses and how to finance its assets with debt and equity.

7 0
3 years ago
Dejarnette Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hour
seropon [69]

Answer:

Predetermined manufacturing overhead rate= $8.3 per machine hour

Explanation:

Giving the following information:

Total machine-hours 80,000

Total fixed manufacturing overhead cost $416,000

Variable manufacturing overhead per machine-hour $ 3.10

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1

Predetermined manufacturing overhead rate= $8.3 per machine hour

8 0
4 years ago
You are considering two ways of financing a spring break vacation. you could put it on your credit​ card, at 17 % ​apr, compound
shutvik [7]
<span>Credit card has slightly lower interest rate. Let's take a look at both interest rates for 1 year and see what costs more. First, the credit card at 17% apr compounded monthly. Each month, 17%/12 interest will be taken. The total interest over the year will be (1 + 0.17/12)^12 = 1.183891728 times the original debt. Now let's look at the loan from the parents. Over 1 year, you'll be accumulating 2 interest payments. The formula for the year will be (1 + 0.09)^2 = 1.1881 Comparing the overall rate between the credit card and the parents, the credit card is slightly lower than the parents.</span>
7 0
3 years ago
Why​ wouldn't investors invest all of their money in software companies instead of in less profitable​ companies? (Focus on risk
Tamiku [17]

Answer and Explanation:

Risk and return are equal companions if we invest in a market with a higher risk that's mean this type of market provides a higher return.

If Investors invest their whole money in the high-risk market for there high return, may they get a huge loss.

So, The exposure must be balanced by investments in diversified markets with different risk weights.

7 0
3 years ago
Other questions:
  • If Korea is capable of producing either shoes for soccer balls or some combination of the two then a. Korea should specialize in
    14·1 answer
  • A supervisor in Department 156 is moving into the Department 251 as a manager. This is an example of _______ movement.
    6·1 answer
  • Impart information and knowledge. A. Students learn on the job. They are given simple arrangements to complete at first and get
    14·1 answer
  • All but one of the following is included in partnership winding up activities: a. Signing new contracts for the partnership. b.
    8·1 answer
  • Which mode of transportation typically has the highest value-to-weight ratio? (Food for thought as you answer this question: Thi
    6·1 answer
  • AP North Company has completed all of its operating budgets. The sales budget for the year shows 50,000 units and total sales of
    5·1 answer
  • What is the difference between factor payments and profits
    13·1 answer
  • A firm with a WACC of 10% is considering the following mutually exclusive projects:
    15·1 answer
  • Assuming no safety stock, what is the reorder point (r) given an average daily demand of 50 units, a lead time of 10 days and 62
    6·1 answer
  • Gathering feature requirements from the customer about the new system primarily occurs during which sdlc phase?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!