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finlep [7]
2 years ago
14

How do companies effectively go global?

Business
1 answer:
Irina18 [472]2 years ago
8 0

Answer:

Some of the specific advantages presented by successfully growing globally include:

•You can extend the sales life of existing products and services by finding new markets to sell them in.

•You can reduce your dependence on the markets you have developed in the United States.

and more....

Explanation:

hope it helps......

You might be interested in
For each of the following businesses. what is the likely fixed factor of production that defines the short run?a. Golf courseb. M
erastova [34]

Explanation:

In the short run, there must be at least one fixed factor of production.

Fixed factor of production: refers to the idea of when the quantity of a factor of production can't be changed over a fixed time period.

Total fixed cost stays the same whether the production increases or decreases.

Example:

The fixed factor of production in case of a dentist are; office rent and some of the dental equipment.

Capital cost is usually the most common fixed factor of production in the short run. Other common fixed factors of production include; rent, insurance, utility bills, and certain salaries

a. Golf course

Capital cost of land, golf carts, golf equipment costs are most likely to be fixed factors of production.

b. Movie theater

Rental, Insurance, and utility bills costs are most likely to be fixed factors of production, whereas ticket sales, popcorn and soft drinks sales depend upon the number of customers hence they are variable factors of production.

c. Law office

Office rent, utility bills, certain staff salary costs are most likely to be fixed factors of production.

d. Brewery

Capital cost of land, brewing equipment costs are most likely to be fixed factors of production.

e. Amusement park

Capital cost of land, rides, infrastructure etc costs are most likely to be fixed factors of production.

8 0
2 years ago
If the number of firms in an industry​ decreases, the supply curve will shift to the right. A. True B. False A change in which o
Whitepunk [10]

Answer:

The correct answer is option B.

The correct answer is option D.

Explanation:

If the number of firms in an industry decreases, the overall market supply will decrease. This decrease in supply will cause the market supply curve to shift to the left. So the statement given in the question is false.  

The cost of production is inversely related to supply. An increase in the cost of production causes supply to decline, shifting the curve to the left and vice versa.  

Technology and productivity are directly related, an improvement in technology will cause the supply to increase shifting the curve to the right.  

Taxes cause the supply to decrease as it is seen as a cost and it reduces the price received by the firms. This causes the supply curve to shift to the left.

Subsidies reduce the cost of production so the supply curve shifts to the left.

8 0
3 years ago
A young professional wishes to have $730000 in her retirement account. She invests $900 monthly in the account which earns 11.5%
Vikki [24]

Based on the amount that she invests monthly, the interest rate, and the targeted retirement amount, the number of payments would be 42 payments.

<h3>How many payments should the young professional make?</h3>

The number of payments will be the same as the number of months/ periods because that is the frequency of payment.

The number of payments can therefore be found by the NPER formula on a Spreadsheet:

Rate = 11.5%

Pmt = -900

PV = Empty

FV = 730,000

Number of payments is:

= 41.76

= 42 payments.

Find out more on number of periods of payments at brainly.com/question/6819835.

5 0
2 years ago
If stock prices are expected to drop dramatically, then, other things equal, the demand for stocks will ________ and that of tre
SashulF [63]

Hello there

the answers are

decrease

and

increase

hope this helps


5 0
3 years ago
Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $8. Merchandise transactions fo
makkiz [27]

Answer and Explanation:

Ferris Company

1. Average cost periodic

Dollars $48,000+$ 105,000

= $153,000

Units $11,000+$6,000

= $17,000

153,000 / 17,000 = $9.00 Cost per unit

Cost of Goods Sold:

9,000 units × $9.00= $81,000

Ending Inventory:

8,000 units × $9.00= $72,000

2. Average cost perpetual Jan 5th sales

Dollars 48,000

Units 6000

48,000 / 6,000 = $8.00 Cost per unit

Cost of goods Sold:

3,000 units × $8.00= $24,000

Ending Inventory:

3,000 units × $8.00= $24,000

3. Average cost perpetual Jan 12th sales

Dollars 69,000

Units 8000

69,000 / 8,000 = $8.625 Cost per unit

Cost of Goods Sold:

2,000 units × $8.625

= $17,250

Ending Inventory:

6,000 units × $8.625

= $51,750

4. Average cost perpetual Jan 20th sales

Dollars 60,000+51,750

=111,750

Units 6000+6000

=12,000

111,750 / 12,000 = $9.3125 Cost per unit

Cost of Goods Sold:4,000 units ×$9.3125= $37,250

Ending Inventory:8,000 units × $9.3125= $74,500

Summary of Average Cost Perpetual

Cost of Goods Sold:

Jan 5 3,000 units= $24,000

Jan 12 2,000 units= 17,250

Jan 20 4,000units = 37,250

Total 9,000units = $78,500

Summary of Results

Cost ofGoods Sold EndingInventory

FIFO, Periodic $ 75,000 $78,000

LIFO, Periodic$87,000 $66,000

LIFO, Perpetual $82,000 $71,000

Average Cost, Periodic $81,000 $72,000

Average Cost, Perpetual $78,500 $74,500

8 0
2 years ago
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