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NikAS [45]
2 years ago
6

How can globalization negatively affect american farmers health

Business
1 answer:
Yuliya22 [10]2 years ago
6 0

Explanation:

Negative Impact of globalisation:

Attraction of global market resulted in farmers shifting from traditional or mixed cropping to unsustainable cropping practices. The competition from cheaper imports pushed down the prices of crops like cotton, wheat etc making agriculture unsustainable for many farmers.

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bixtya [17]
Entrepeneur is a person who organizes, operates, and assumes the risk for a business venture so a cleaning supplies business is run by an entrepreneur. But a musician also operates a business and assumes risk. In my opinion both are entrepreneurs. But the person with the cleaning bisiness is for sure!
8 0
3 years ago
Read 2 more answers
Gary Smith just launched a firm in the sports drink industry. He has decided to focus his efforts on appealing to extreme sports
grandymaker [24]
I think it is C: target market
8 0
3 years ago
Which of the following is not included in Michael Porter's Five Forces Model? a. Cost Leadership b. Supplier Power c. Threat of
grigory [225]

Answer:

a. Cost Leadership

Explanation:

Porter five forces of the model refers to the rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.  

The competition between rivals deals with the competitors ' strengths and weaknesses so that the business does the planning appropriately.

The supplier's bargaining power indicated that the shift in the price of the product caused by the supplier's offer and the consumer is motivated to the product as the product is special which affects the overall profit

The buyer's bargaining power relates with the number of buyers and how many orders a single buyer places.

The threat of new entrants will affect the company's total position if the competitor comes on the market.  

The threat of substitution is an alternate way of producing the goods and services that can also weaken your position and have a direct impact on profitability.

6 0
3 years ago
Fill in the missing amounts.
aleksandrvk [35]

<u>Solution</u>

                                                         Yoste Company Noone Company

Sales revenue($100,000 + $5,000)             $90,000      $105,000

Sales returns and allowances                        ($6,000)         ($5,000)

Net sales                                                         $84,000   $100,000

Cost of goods sold($100,000 - $40,000)          ($58,000) ($60,000)

Gross profit($84,000 - $58,000)                         $26,000            $40,000

Operating expenses($40,000 - $17,000)         ($14,380)           ($23,000)

Net income($26,000 - $14,380)                          $11,620          $17,000

  • Net Income divide by Net Sales = Profit Margin Ratio
  • Gross Profit divide by Net Sales = Gross Profit Rate

<u>Yoste Company : </u>

Profit Margin Ratio = $11,620 divide by $84,000 = 13.83%

Gross Profit Rate = $26,000 divide by $84,000 = 30.95%

<u>Noone Company:</u>

Profit Margin Ratio = $17,000 divide by $100,000 = 17%

Gross Profit Rate = $40,000 divide by $100,000 = 40%

6 0
3 years ago
Match the appropriate costing method to the description
sp2606 [1]

Answer:

  • a. Absorption costing only  --  8. Includes gross profit on the income statement
  • 2. Required by generally accepted accounting principles.
  • b. Variable costing only  --  6. Generally provides the most useful report for setting long-term prices.
  • 3. Treats fixed manufacturing cost as a period cost.
  • 5. Generally provides the most useful report for controlling costs.
  • 4. Operating income is impacted by changes in inventory level.
  • c. Both absorption and variable costing  --  7.May be used in a manufacturing company
  • 1.Treats fixed selling cost as a period cost.

Explanation:

  • The absorption costing includes that all the manufacturing costs which are given to the units produced and the cost of a finished product will be the cost of the direct material and labor.
  • Variable cost is a method that assigned the variables costs to the inventories and means that overall cost changes to expenses in a time of occurrence.
  • Both of these costs are related to the method of the production and costs that are incurred in the production and in which method the company uses to make.
8 0
3 years ago
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