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1 year ago

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

Business

2 answers:

algol131 year 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]1 year ago

3 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

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Brenda is an interior designer. Before buying products for interior furnishing, she gathers information about the products manuf

lesya692 [45]

Answer:

The correct answer is letter "A": searching by brand.

Explanation:

Consumers search by brand when they have decided what product they want to buy but need to compare what one company offers compared to another. This will help consumers differentiate prices, features, and the additional benefits companies offer for selling the same product.

Eventually, the consumer will choose the product that provides him or her with more benefits assuming the decision that an individual will make is rational.

8 0

2 years ago

Your bank is offering you an account that will pay 20 % interest in total for a two-year deposit. Determine the equivalent disc

Crank

Answer: a. 0.042 b. 0.086 c. 0.00692

Explanation:

NOTE: Convert months to years. So 24 months = 2 years.

a. Six months

Months to year conversion gives: 6months/24months as 1/4 years

= (1 + 18%)^ 1/4 — 1 x 100%

= 1.042 — 1

= 0.042

Equivalent Discount Rate = 0.042

b. One year

12months/24months as 1/2 years

= (1 + 18%)^1/2 — 1 x 100%

= 0.086

Equivalent Discount Rate = 0.086

c. 1 month

1month/24months as 1/24 years

= (1 + 18%)^1/24 — 1 x 100%

= 0.00692

6 0

3 years ago

Presented below is information related to Novak Manufacturing Corporation.

svet-max [94.6K]

Answer:

A. Assets Original Salvage Depreciable Depreciable SL Depreciation

Cost Value value Life Per Year

A $46,575 6,325 40,250 10 $4,025

B $38,640 5,520 33,120 9 $3,680

C $41,400 4,140 37,260 9 $4,140

D $21,850 1,725 20,125 7 $2,875

E $27,025 2,875 24,150 6 $4,025

Total $175,490 20,585 154,905 $18,745

Composite rate of Depreciation = Total Depreciation per year/Total Original Cost

Composite rate of Depreciation = 18745/175490

Composite rate of Depreciation = 0.106815

Composite rate of Depreciation = 10.68%

B. Adjusting entry Debit Credit

Depreciation Expense-Plant Asset $18,745

Accumulated Depreciation-Plant Asset $18,745

c. Journal Entry Debit Credit

Cash $5,520

Accumulated Depreciation-Plant Assets $16,330

Asset D $21,850

(Record Sale of asset D)

5 0

3 years ago

Researchers have discovered that "cyber-ostracism" by strangers elicits increased activity in the

Allisa [31]

Researchers have discovered that "cyber-ostracism" by strangers elicits increased activity in the anterior cingulate cortex. If a stranger experience cyber-ostracism that means that they have been excluded or have excluded someone which could create emotions of bitterness or loneliness, superiority. The anterior cingulate cortex controls human emotions, so it would be responsible for the making the stranger experience any feelings that occurs during cyber-ostracism.

4 0

3 years ago

Parker Corporation has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply ma

AnnyKZ [126]

Answer:

Unitary cost= $62.5

Explanation:

Giving the following information:

Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.

Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.

First, we need to determine the allocated MOH:

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

Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750

Total cost= 4000 + 1500 + 750= $6,250

Unitary cost= 6250/100= $62.5

3 0

2 years ago