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docker41 [41]
2 years ago
9

When the demand for smartphones increased in Preteresia, a country in Eastern Europe, the smartphone manufacturers started impor

ting silicon, a raw material used in the manufacture of smartphones, from Abresia, a country in Africa. In return, Preteresia helped build Abresia's infrastructure to facilitate the efficient extraction of silicon. This scenario best illustrates
Business
1 answer:
Elan Coil [88]2 years ago
7 0

Based on the actions of Preteresia , we can infer that this scenario best describes <u>Global Convergence</u>.

<h3>What is Global Convergence?</h3>
  • It refers to the current trend of various dimensions of the human life being integrated across nations.
  • Describes the integration of dimensions such as business, culture, the economy, and political policy across nations.

Preteresia in helping Abresia build those facilities, is engaging in global convergence because the industries in both countries are being integrated to allow for more efficient smartphone manufacturing.

In conclusion, this is global convergence.

Find out more on the effects of global convergence at brainly.com/question/18077255.

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Transactions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equip
Ann [662]

Answer:

Oct. 1 2019

Rent Expense$4,200 (debit)

Cash $4,200 (credit)

Oct. 3 2019

Advertising Expense $2,670 (debit)

Cash $2,670 (credit)

Oct. 5 2019

Supplies $1,150 (debit)

Cash $1,150 (credit)

Oct. 6 2019

Office Equipment $17,600 (debit)

Accounts Payable $17,600 (credit)

Oct. 10 2019

Cash $5,730 (debit)

Accounts Receivable $5,730 (credit)

Oct. 15 2019

Accounts Payable $1,680 (debit)

Cash $1,680 (credit)

Oct. 27 2019

Miscellaneous Expense $730 (debit)

Cash $730 (credit)

Oct. 30

Utilities Expense $270 (debit)

Cash $270 (debit)

Oct. 31: Fees earned

Trade Receivable $38,200 (debit)

Fees Earned $38,200 (credit)

Oct. 31: Paid bill

Utilities Expense $460 (debit)

Cash $460 (debit)

Oct. 31: Withdrawal

Jason Payne, Capital $2,900 (debit)

Cash $2,900 (credit)

Explanation:

Note

Cash Drawings reduce the owners interest in their capital accounts and at the same time they reduce the assets of cash.

5 0
3 years ago
Wind damage occurs to your car costing $800 to repair. If you have a $500 deductible for collision and full coverage for compreh
Igoryamba

Answer:

$300

Explanation:

Deductible referred to as the amount paid from one's pocket to join the amount of one's loss, while the insurance company balance up the remaining.

The loss which is $800 is a little bit more than deductibles.

Damage=$800

Deductibles=$500

The damages is just $300 more than deductibles.

As stated in the question there is a collision and comprehensive insurance for the driver , therefore the driver will pay $500 from his own pocket.

THE PORTION OF CLAIM THE INSURANCE COMPANY PAY =($800-$500)=$300

$300 will only be received from the company.

In Higher deductibles the premium insurance is reduced in cost.

In lower deductibles there is higher premium but with the cost from one's pocket is low.

Deductible has influence on

one's claim.

Comprehensive insurance is one of automobile insurance,it covers damages or event that occurs to a car that is out of one's control.It covers for replacement or repairment of one's car if damaged by something or to repair bit, other a collision.

Comprehensive insurance can cover up for

theft ,natural disasters or from fire incident.

5 0
3 years ago
Read 2 more answers
There are two main ways to measure social inequality, they are: Inequality of conditions refers to the unequal distribution of i
butalik [34]

Answer:

True.

Explanation:

Social inequality can be defined as an existence of unequal rewards and opportunities for different social status or classes within a group of people in a society.

Generally, social inequality is peculiar to a society that is grouped based on race, hierarchy of class, religion, culture and gender. A social inequality is characterized by unequal distribution of wealth, punishment, rewards, opportunities and goods or services to the various classes.

There are two main ways to measure social inequality, they are:

1. Inequality of conditions: refers to the unequal distribution of income, wealth, and material goods.

2. Inequality of opportunities: refers to the unequal distribution of life chances across individuals.

4 0
3 years ago
The serving staff at mary's diner does not have to check with their supervisor before offering customers free dessert when the c
Airida [17]

This is an example of employee empowerment. This is giving employees a positive degree of independence and accountability for decision-making on the subject of their detailed organizational tasks. It lets decisions to be completed at the lower levels of an organization where workers have an exclusive view of the subjects and difficulties facing the organization at a certain level.

6 0
3 years ago
What can be defined as an information technology environment?
alisha [4.7K]
C. The tools and processes that surround us to gather and interpret data can be defined as an information technology environment. 
Our environment is what surrounds us - so if the environment is technological, then different types of technologies and tools are what fall under that category.
6 0
3 years ago
Read 2 more answers
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