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
ankoles [38]
2 years ago
11

GreenHouse Group initially met product demand from customers in other countries by exporting their products to those countries.

Last year, the company decided to set up a facility in London to meet the increased demand in foreign sales. With the opening of the London facility, Greenhouse Group became a(n) __________ organization.
Business
1 answer:
mina [271]2 years ago
5 0

It can be deduced that Greenhouse Group became a multinational organization.

<h3>What is a multinational organization?</h3>

A multinational organization simply means a company that operates in more than one country.

In this case, since the company decided to set up a facility in London to meet the increased demand in foreign sales,the company is now multinational.

Learn more about multinational organization on:

brainly.com/question/913870

You might be interested in
Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased
Darya [45]

The sales of Paco Rabanne's Eau de Toilette Spray would fall by 11.25%.

<h3>What is the price elasticity of demand?</h3>

The price elasticity of demand measures the impact of price changes on the quantity demanded of good. When t the price elasticity of demand is less than 1, demand is inelastic.

Percentage change in the quantity demanded = price elasticity x percentage change in price

12.5% x 0.9 = 11.25%

To learn more about supply elasticity, please check: brainly.com/question/26634801

5 0
2 years ago
clean water softener systems has cash of $600, accounts receivable of $900, and office supplies of $400. clean owes $500 on acco
ivann1987 [24]

Answer:

Cleans current ratio is = 2.71

Explanation:

The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations.

Current asset is any asset which can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year or operating cycle.

Current liabilities are often understood as all liabilities of the business that are to be settled in cash within the fiscal year or the operating cycle of a given firm, whichever period is longer.

Current ratio = current assets ÷ current liabilities.

From the question above;

Current assets;

Cash $600

Account receivable $900

Office supplies $400

Total $1900

Current liabilities;

Account payable $500

Salaries payable $200

Total $700

Current ratio = 1900 ÷ 700

Current ratio = 2.71

8 0
4 years ago
""The average daily rate charged by member banks for overnight loans of reserves" best describes the:"
Elodia [21]

Answer:

Federal funds rate

Explanation:

Federal funds rate is the interest rate at which commercial banks borrow and lend their excess reserves to each other overnight.

8 0
4 years ago
Stop and Jot: Why was the decision about further funding for the telescope not an "economic
shtirl [24]

Answer:

Because it has no direction

8 0
3 years ago
While setting the price of a product, what must managers consider? A cost of the whole marketing mix B) buying capacity of the c
Naddik [55]

Answer:

While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company

Explanation:

Key factors in calculating the sale price can be:

  • Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
  • Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
  • Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;

Cost-based pricing has its sub-methods such is Cost plus method

The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.

Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.

Formula: price = Direct costs + Indirect costs + Rate of profit

5 0
3 years ago
Other questions:
  • When acting as a leader of a meeting, how can you best contribute to the progress of the meeting? Question 42 options: a) Insist
    6·1 answer
  • Cantrell company is required by law to collect and remit sales taxes to the state. if cantrell has $8,000 of cash sales that are
    13·2 answers
  • In the last half of the twentieth century, Britain's Conservative Party sold state-owned enterprises to individual investors in
    6·2 answers
  • Bancorp changes its interest rates for consumer loans on houses and cars based on changes made by the federal reserve​ (the fed)
    11·1 answer
  • to answer this question. In week 1 the inventory manager discovers, much to his horror, that instead of 65 tacos in inventory, t
    6·1 answer
  • What type of copayment is it when the insurance policy requires a copayment of $20 on all care transactions
    5·1 answer
  • Hamza tells the insurance company that his building is equipped with a sprinkler system and that a guard is on duty inside the p
    5·1 answer
  • Refer to the HR Report section of the Inquirer. Digby will continue to keep their current hourly levels of training in order to
    9·1 answer
  • What is Social Security?
    6·1 answer
  • briefly describe what is meant by the organizational structure and explain any three examples of organizational structure used b
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!