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enyata [817]
2 years ago
12

What opportunities do global markets present for a potential business owner?

Business
2 answers:
algol132 years ago
5 0

Answer:

If going global has been in your business plans for some time, here's 8 reasons to start preparing for international expansion in 2020.

  • INCREASE REVENUE POTENTIAL. ...
  • ENTRY TO NEW MARKETS. ...
  • NEW CUSTOMER BASE. ...
  • EXPANSION ALLOWS YOU TO DIVERSIFY. ...
  • GREATER ACCESS TO TALENT. ...
  • GAIN COMPETITIVE ADVANTAGE. ...
  • IMPROVE YOUR COMPANY'S REPUTATION.
  • COST SAVINGS
Blizzard [7]2 years ago
3 0

Answer:

<u>If going global has been in your business plans for some time, here's 8 reasons to start preparing for international expansion in 2020.</u>

  • INCREASE REVENUE POTENTIAL....
  • ENTRY TO NEW MARKETS....
  • NEW CUSTOMER BASE.... • EXPANSION ALLOWS YOU TO
  • DIVERSIFY....
  • GREATER ACCESS TO TALENT....
  • GAIN COMPETITIVE ADVANTAGE.... IMPROVE YOUR COMPANY'S REPUTATION.
  • COST SAVINGS
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The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment $ 64,000 Annual cost savings
Ratling [72]

Answer:

$9,201.6

Explanation:

Calculation for The net present value of the proposed investment is closest to:

Using this formula

Net Present value = (Annual cost saving * PVAF) + (Salvage value * PVIF) - Cost of investment

Let plug in the formula

PVAF (10%,5 years) = 3.7908

PVIF (10%, 5 years) = 0.6209

Net Present value = ($18,000 * 3.7908) + ($8000 * 0.6209) - $64000

Net Present value = $68,234.4+$4,967.2-$64,000

Net Present value = $9,201.6

Therefore The net present value of the proposed investment is closest to:$9,201.6

3 0
3 years ago
You were recently promoted to the head of the machine shop. As you start to look around, you notice that there are many machines
galina1969 [7]

Answer:

Here we can use a approach which is know as 5 S PLUS 1 S.

Explanation:

This approach of 5 S PLUS 1 S means sort, set in order, shine, standardize,sustain and safety, this is a very common method that corporations uses to increase both their efficiency and productivity with decreasing the wastage of materials.

In this organization workplace method, we start with sorting out all the unnecessary material that we don't need  and then we start organizing the workplace, as it is important to keep all the inventories and other useful materials or tools properly and then comes the step of keeping useful stuff tidier and would help in maintaining a certain level of standard in the production and by keeping doing all these things an organization can maintain sustainability and keep the company free from any hazards.

7 0
3 years ago
A 1990 Naval Aerospace Research Laboratory Study noted that the fixations that occur during a scan require about 18 seconds.
Anastaziya [24]
This answer is A. True
7 0
3 years ago
Henry Ford's statement, "Customers can have any color they want so long as it's black," typified the __________ era of marketing
san4es73 [151]

Option B, "Customers can have any color they want so long as it's black," typified the production-oriented era of marketing.

Explanation:

From the start of capitalist systems to the early 1950s, a production orientation company dominated the market. The prevailing attitude was to potentially sell itself a high quality product. Due to the high demand and short supply of products, this approach has worked for many companies throughout this era.

The first stage acknowledged is the production period in marketing on the presumption that customers prefer products that are accessible and affordable. This philosophy won strategic combinations of broad allocation and cost leadership.

6 0
3 years ago
Prepare an income statement for Rex manufacturing for the year ended December 31 using the following information
aalyn [17]

The preparation of the income statement for the year ended December 31 is as follows:

Sales $94,000

Cost of goods sold  

Begininng finish goods inventory $20,000

Add:Cost of goods manufactured $41,000

Cost of goods available for sale $61,000

Less: Ending finish goods inventory -$17,000

Cost of goods sold $44,000

Gross margin  $50,000

Less: Operating Expenses  

General and Advertising Expenses $15,000

Selling Expenses $13,000

Total operating Expenses $28,000

Operating Income  $22,000

Learn more about the income statement here: brainly.com/question/14308954

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