1. What do we mean by the term “global business”?
Global business refers to the business all through the world/different nations. It incorporates every one of the things/activities expected to offer, make, and ship out fares to different nations.
A global business is an organization that works offices, (for example, manufacturing plants and dispersion focuses) in numerous nations around the globe. This is unique in relation to a global business, which offers items worldwide however has offices just in its nation of origin.
2. Name two low-risk methods for getting involved in global business.
Licensing
Licensing alludes to the offering of the privilege to utilize some immaterial property (generation techniques or process, trademark, or brand name) for an expense or sovereignty. Licensing implies that patent or copyright proprietors permit different associations (people, governments, or organizations) to utilize their thought or advancement. It is a way that an organization can create things in different nations without being effectively included. The Gerber Company began offering its infant nourishment items in Japan utilizing Licensing.
2. Franchising
This is a strategy ordinarily utilized by an organization to venture into different nations. A franchise concedes or permits an organization the privilege to utilize an organization name or business process particularly. Associations contract with individuals in different nations to set up a business that looks and works like the parent organization. Contingent upon the nation where the establishment sets up shop, promoting components (taste, bundling, and notice) must be adjusted to be meet social sensitivities and lawful prerequisites.
3. Why is management contracting a safe way to get involved in global business?
Management contracting is an acquirement course in which the works are built by various diverse works contractual workers who are contracted to an administration temporary worker.
Management contracting a protected method to get engaged with worldwide business in light of the fact that not a lot of assets are being consumed and additionally it isn't include owing resources/having command over parts of the business.
4. What would be the result of war on the importing and exporting activities of the nations involved?
I would imagine that enemy countries are not allowed to exchange, or travel through or around their property to exchange.
The consequence of war on the bringing in and sending out exercises of the countries include would be disturbed exchange relations and also affect exchanging with different nations that are not engaged with war/conflict.
5. What are the benefits of doing business in other countries?
One of the top advantages of international trade is that you might have the capacity to expand your number of potential customers. Every nation you add to your rundown can open up another pathway to business development and expanded incomes.
Doing business in other countries can support your organization's notoriety. Triumphs in a single nation can impact accomplishment in other contiguous nations, which can bring your organization's profile up in your market specialty. It can likewise help increment your organization's credibility, both abroad and at home. This is one of the upsides of universal exchange that might be hard to measure and, in this manner, not entirely obvious.
Finding effective ways to address multiple concerns is an example of:
Finding effective ways to address multiple concerns is an example of effective leadership within problem solving. When you are a good leader, you tend to spend time focusing on how you can solve problems for the majority of those who are involved in the outcome. It's best to have many different options to address multiple concerns not to leave anyone out or make it seem as if their concern is not as important as someone sles concern.
PROBLEM SOLVING - APEX :)
Kyong buys 6 small cans of wood stain. Each can contains 250 milliliters (mL). How many liters of stain did Kyong buy?
Kyle runs a store that sells small and large space heaters. The large heaters sell for $250 each with unit variable costs of $120, while the small space heaters sell for $80 each with unit variable costs of $30. Currently, the small space heaters amount to 2,100 of the units sold, while the large heaters amount to 700 of the units sold. The fixed costs for the store are $126,000. What is the company-wide break-even point in units?
Answer: The company wide break even point in units is 1800.
We follow these steps in order to arrive at the answer:
First we find the Contribution for each product
Heater Selling Price Variable Cost Contribution
Large 250 120 [tex]250-120 =130[/tex]
Small 80 30 [tex]80-30 =50[/tex]
Then, we find the weighted average contribution of the products like this:
Heaters No. of units Contribution Weighted Average
Large 700 130 [tex]130 * \frac{700}{2800} = 32.5[/tex]
Small 2100 50 [tex]50 * \frac{2100}{2800} = 37.5[/tex] Total 2800 70
Finally we calculate the company wide break even point (BEP) as follows:
[tex]BEP_{units} = \frac{Fixed Costs}{Weighted Average Contribution}[/tex]
[tex]BEP_{units} = \frac{126000}{70}[/tex]
BEP in units is 1800 units.
The company-wide break-even points is 1800.
What is the break-even point?Breakeven quantity are the number of units produced and sold at which net income is zero.
Breakeven quantity = fixed cost / contribution margin
Contribution margin for the large heaters = $250 - $120 = $130
Weighted contribution margin for the large heaters = (700 / 2800) x $130 = $32.50
Contribution margin for the small heaters = $80 - $30 = $50
Weighted contribution margin for the small heaters = (2100 / 2800) x $50 = $37.50
Sum of contribution margins = 70
Break even point = $126,000 / 70 = 1800
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Fill in the blank label in the above figure.
A. Cleave
B. Gap
C. Margin
D. Bridge
who knows it???
Answer:
C. Margin
Explanation:
I just took the PF test.
Which payment method typically changes the highest interest rate
The payment method that typically changes the highest interest rate is payday loans.
Credit cards typically charge the highest interest rates, which can range from 12% to 25% or more, depending on various factors including the borrower's creditworthiness. Introductory offers may appear low but can include hidden fees and shoot up after the initial period.
The payment method that typically charges the highest interest rate is a credit card. Credit card debts are considered unsecured debts, which typically have higher interest rates due to no collateral being associated with the debt. Whereas secured debts, like auto loans or mortgages, tend to have lower interest rates because they are backed by assets like a car or house.
Credit card companies often provide introductory offers with low or no interest, but also charge processing fees, and after the introductory period, the rate can jump significantly, usually between 15% to 25%. A typical credit card interest rate ranges from 12% to 18% but can go as high as 17-20% or even more depending on the borrower's creditworthiness. Cardholders need to be aware of these rates and try to pay off the debt with the highest interest first to minimize the amount of interest paid over time.
what is progressive discipline
The process of using increasingly severe steps when an worker fails to correct a problem although being given a reasonable opportunity to do it.
Answer:
progressive discipline are discussed below.
Explanation:
progressive discipline is an approach of dealing with performance and the personal issue of the employee.
The advantages of progressive discipline
progressive discipline allow the mangers to intervene and correct the worker's behavior when the manager saw them in trouble. progressive discipline help manager to get higher performance from his employees. progressive discipline allows better communication between employees and management.
What are some of the pathways in the Agriculture, Food, and Natural Resources career cluster? Check all that apply.
-Environmental Service Systems
-Power, Structural, and Technical Systems
-Harvesting Systems
-Equipment Repair Systems
-Aquacultural Systems
-Animal Systems
-Food Products and Processing Systems
-Food Science Systems
NEED HELP ASAP PLZ!!!!
Answer:
A-Environmental Service Systems
B-Power, Structural, and Technical Systems
F-Animal Systems
G-Food Products and Processing Systems
Explanation:
Pathways in the Agriculture, Food, and Natural Resources career cluster;
Environmental Service SystemsPower, Structural, and Technical SystemsAnimal SystemsFood Products and Processing Systems.Agriculture can be regarded as the cultivation of crops and animal rearing.
Some path way to this are Animal Systems and foodProducts and Processing Systems.
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Edwin Pritchard deposited 7,500 in a 3 - year, time - deposit account that pays simple interests at a 5.9% annual rate. What total amount of interest will Edwins deposit earn in three years?
Answer: Edwin's deposit will earn an interest of $1327.50
We determine the simple interest on an amount deposited with the following formula:
[tex]SI = P*N*R[/tex]
where
SI = Simple Interest
P = Principal or the amount deposited
N = Number of years for which the deposit is made
R = annual rate of interest on the principal
Substituting the values from the question in the formula above we get,
[tex]SI = 7500 * 3 * 0.059[/tex]
[tex]SI = 1327.50[/tex]
What is the personal finance measure that compares the debt one owes to overall income?
Answer: In personal finance, the debt-to-income ratio (DTI) is a measure that compares personal debt to overall income.
The DIT is calculated by finding the total of an individual's monthly debt obligations. This includes mortgage payments, student loans, auto loans, credit card payments and child support.
This amount is then divided by an individual's gross monthly income. Gross Monthly Income refers to income before any taxes or other deductions are made.
The DTI is expressed as a percentage. The lower the value of an DTI, the higher are the chances that an individual gets the desired loan.
The personal finance measure that compares the debt one owes to overall income is called the debt-to-income ratio.
Explanation:The personal finance measure that compares the debt one owes to overall income is called the debt-to-income ratio. It is a financial calculation that expresses the amount of debt a person has relative to their income. To calculate the debt-to-income ratio, you divide the total monthly debt payments by the total monthly income, and then multiply the result by 100 to get a percentage.
For example, if someone has monthly debt payments of $1,000 and a monthly income of $4,000, the debt-to-income ratio would be 25% ($1,000 / $4,000 * 100 = 25%).
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A batch of 60 parts contains six defects. If two parts are drawn randomly one at a time without replacement, what is the probability that both parts are defective?
Final answer:
The probability that both parts drawn from the batch are defective is 1/110 or about 0.91%.
Explanation:
The question is asking to calculate the probability of drawing two defective parts from a batch, when drawing without replacement. There are 60 parts in total with 6 defects. The probability of the first part being defective is 6/60. After one defective part is drawn, there are 59 parts left with 5 being defective. The probability for the second part is 5/59. Multiplying these probabilities gives us the combined probability of both events occurring consecutively.
The probability that both parts are defective is calculated as (6/60) × (5/59), which simplifies to 1/10 × 1/11. This can be calculated as 1/110 or about 0.00909. So, there's about a 0.91% chance to draw two defective parts in a row without replacement.
Kathleen Dancewear Co. has bought some new machinery at a cost of $1,250,000. The impact of the new machinery will be felt in the additional annual cash flows of $375,000 over the next five years. The firm's cost of capital is 10 percent. What is the discounted payback period for this project? If its acceptance period is three years, will this project be accepted? (Do not round intermediate computations. Round your answer to one decimal place.)
The discounted payback period for the project is approximately 1.1 years, which is less than the acceptance period of three years. Therefore, the project will be accepted.
Explanation:To calculate the discounted payback period, we need to find the present value of the additional cash flows over the next five years. We can use the formula for the present value of an annuity:
Present Value = Cash Flow / (1 + Discount Rate)^n
In this case, the cash flow is $375,000, the discount rate is 10%, and n represents the year. So, for year 1, the present value is $375,000 / (1 + 0.10)^1 = $340,909.09. Similarly, for year 2, the present value is $375,000 / (1 + 0.10)^2 = $309,917.35, and so on.
Adding up the present values, we get:
$340,909.09 + $309,917.35 + $281,743.95 + $256,130.86 + $232,846.24 = $1,421,547.49
The discounted payback period is the number of years it takes for the present value of the cash flows to equal the cost of the machinery. In this case, the cost of the machinery is $1,250,000. Dividing the present value by the cost, we get:
$1,421,547.49 / $1,250,000 = 1.1372 years
Therefore, the discounted payback period is approximately 1.1 years.
Since the acceptance period for the project is three years, and the discounted payback period is less than three years, the project will be accepted.
Kirk wants to attend a four-year college. Which cost factors does Kirk need to research for the out-of-state school he wants to attend? Check all that apply.
tuition
living expenses
local movies and restaurants
books & lab fees
transportation costs to and from college
The Answers are:
A. Tuition
B. Living expenses
D. Books & Lab Fees
F. Transportation Costs To And From College
Considering the available options, the cost factors that Kirk need to research for the out-of-state school he wants to attend are the following:
Tuition: since the school is going to be a college, and it is not a scholarship, he needs to consider the tuition cost.Living expenses: also, since it is an out-of-state school, which means, he is moving away from home, he needs to consider living expenses such as rents and other utility bills.Books & Lab Fees: as a student, he will need to buy textbooks and attend laboratory practicals. Thus he needs to consider this as well.Transportation Costs To And From College: given that he would probably not stay in the school hostel or dormitory, his place might be far away from the school premises, he needs to consider the transportation cost as well.Hence, in this case, the correct answer is options A, B, D, and E.
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Small Businesses in America
Part 1 (1pt):
A small business is considered any business with fewer than __
_
__employees
Part 2 (1pt):
Explain why small businesses are an important part of the American economy?
2.
Entrepreneur vs Entrepreneurship: What are the differences between an “entrepreneur” and
“entrepreneurship”?
1.
An entrepreneur is
2.
Entrepreneurship is
3.
Types of Businesses: Sole Proprietorships
Part 1 (1pt
): Describe one advantage of a sole proprietorship.
1.
Advantage:
Part 2 (1pt):
List at least one disadvantage of a sole proprietorship.
1.
Disadvantage:
4.
Types of Businesses: LLC
Part 1 (1pt
): What does LLC stand for?
Part 2 (1pt):
Explain how an LLC is different from a sole proprietorship.
5.
Define “
risk management”
and identify key aspects.
Part 1 (1pt):
Define risk management:
Part 2 (1pt):
What are the 3 key aspects of good risk management and provide a short
description of each:
1.
2.
3.
6.
Even when economic indicators show that the economy is down, small businesses often thrive.
Think of a small business in your community that would do well, even if people did not have a
lot of extra money to spend and explain the advantages it has over larger businesses.
7.
Of the different reasons given that people choose to become entrepreneurs (following a
passion, filling a need, running a better business, and inventing a new product), which do you
think is most likely to lead to a successful business? Justify your choice.
8.
A florist who has been in business for several years finds himself facing several problems
simultaneously. First, he has a large order for a wedding in three days and just found out that,
due to an unexpected frost, the tulips the bride was adamant had to be in the bouquets are not
going to be available. Second, his top employee has informed him that she must schedule a
surgery in two weeks and has to take the following six weeks off. Then he heard a rumor that
the building where he rents his shop is for sale, meaning he may have a new landlord and higher
rent. Finally, the largest refrigerator in his store is making funny noises, and he suspects it will
soon stop working. If this happens, he may lose inventory.
Part 1 (1pt):
Prioritize the problems described by putting the most immediate problem first and
the least pressing last.
Part 2 (1pt):
Explain the order you chose. Then suggest actions that could be taken to address
the problems.
hy does Herold feel it is important that we should train people to be entrepreneurs?
10.
What are some ways that parents or society can nurture entrepreneurial skills in childre
The Federal Deposit Insurance Corporation (FDIC) insure account holder’s accounts for up to ___.
A. $100,000
B. $150,000
C. $200,000
D. $250,000
Assessment question. Other people find it hard to work as fast as you do agree or disagree?
Why would you like to work as KENNEL HELP?
KENNEL HELP = working with puppies
when it comes to problem solving, it is important to:
A. Find the fastest possible solution.
B. give up if your first solution doesn’t work.
C. define the problem you are attempting to solve.
D. worry nonstop about it.
(Apex)
When it comes to problem-solving, it is important to define the problem you are attempting to solve. Thus, option (c) is correct.
What is problem-solving?Finding solutions to difficult and complicated issues is referred to as problem-solving. Problem-solving is a cognitive process that entails discovering, evaluating, and solving concerns. Problem-solving is a difficult skill to master. It necessitates critical thinking, judgment, creativity, and data processing.
According to the problem-solving, was the created in the issues are the solved on the problem you are attempting to solve. It was complex issues come on the life and business was the solved on the analysis of the concern.
As a result, in the conclusion of the comes to problem-solving, it is important to define the issue you are attempting to solve. Therefore, option (c) is correct.
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A farmer works primarily with ____.
A. Data
B. People
C. Things
D. None of the above
A farmer works primarily with none of the above. He would work with plants and animals, not people, things, and data.
Answer: D. None of the above
All I Do;live
Answer:
Things
Explanation:
Working with things describes tasks that require you to work with your hands and sometimes on your feet. Things refer to tools, equipment, materials, and an endless variety of objects. Examples of hands-on work include mechanics, assembly line workers, manufacturers, robotics developers, and farmers.
Factoring service means:
a)collection of Bill's
b)discounting of Bill's
c)maintenance of account books
d) all of these
Final answer:
Factoring service is a financial transaction where a business sells its invoices at a discount to a factoring company, which then collects the payment. The right answer to the question is discounting of bills.
Explanation:
Factoring service essentially refers to the financial transaction where a business sells its accounts receivable (invoices) to a third party (called a factor) at a discount. The factoring company provides the seller with an advance on a percentage of the invoice value, effectively collecting the bills on behalf of the original company. Therefore, the correct answer to the described student question would be b) discounting of bills, as the term specifically refers to the action of selling receivables at a discount for immediate cash, rather than the maintenance of account books or collection services in a broader context.
What are two types of strategies businesses use to directly influence the environment
social media and strategic financing- Apex 2019
Which of the following is true of high school electives? They should allow for leisure time They can be taken less seriously than other classes They should strengthen your transcript They do not matter after graduation
I don't know if I'm correct or if I'm wrong but correct me, They should strengthen your transcript seems more reasonable.
use absolute value to express the distance between -13 and 17
To find out the distance between -13 and 17 using the absolute value, we need to add 13 to 0 because the distance between -13 and 0 is 13. Then add 13 to 17 which is equals 30. so by using the absolute value, the distance is 30
Equation:
13+0=13
13+17=30
find the sales tax of 5% on a purchase of $156.34?
A)$7.82
B)$8.52
C)$9.33
D)$10.55
Hello!
To find the sales tax, multiply the amount of the purchase by the percentage of tax.
5% = 0.05
156.34 × 00.5 = 7.817
This can be rounded to 7.82.
The answer is A) $7.82.
HELP ME PLEASE
1. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)
2. List three examples of businesses in the service industry. (Complete sentences are not necessary. 1.5 points)
3. List three nondurable goods that you use on a regular basis. (Complete sentences are not necessary. 1.5 points)
4. List three staple goods that you or your household buys on a regular basis. (Complete sentences are not necessary. 1.5 points)
5. List three impulse goods that you or someone you know has purchased. (Complete sentences are not necessary. 1.5 points)
6. Describe a shopping good that you or someone you know purchased. What kind of research did you or that person do before buying the product? (1-2 sentences. 1.0 points)
7. Pick a product that is currently being sold, and analyze its economic utility, using the questions below.
a. Describe the product's form utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)
b. Describe the product's place utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)
c. Describe the product's time utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)
d. Describe the product's possession utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)
e. Describe the product's information utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)
f. Describe at least one way the company could improve the economic utility of this product. (2-3 sentences. 3.0 points)
8. Choose a real or made up company and describe at least one thing that company could do to improve its economies of scale. (2-4 sentences. 3.0 points)
9. Describe a product that you think has saturated its market. What makes you think it has saturated its market? (2-5 sentences. 3.0 points)
Answer:
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Explanation:
ncknjsdnjkddvdnvfljnkvslkdnkvj;skjan;irioeioewo9490jg0vnjii4095g9jjrjirgjk
Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?
a. Deposits
b. Balance
c. Debit
d. Check number
Answer
a. Deposits
Explanation
A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions
Answer:
deposits
Explanation:
fire hazards associated with painting can be reduced by
Final answer:
Fire hazards associated with painting can be reduced by using less toxic chemicals, ensuring good ventilation, selecting compatible primers and paints, and maintaining a clean workspace with safe practices.
Explanation:
The fire hazards associated with painting can be reduced by taking several safety precautions. When painting, a key consideration is indoor air quality and minimizing the exposure to hazardous fumes.
To ensure safety, select less toxic chemicals when possible, and make sure the area is well-ventilated with plenty of fresh air circulation through open windows and doors. It's essential to read labels to verify that the primer and paint are compatible and to follow proper drying times.
Proactively reducing hazard risks can also include replacing flammable and toxic substances with non-flammable and non-toxic alternatives when cleaning and degreasing metal parts. Furthermore, having detectors for hazardous gases, such as radon and carbon monoxide, helps promote a safer indoor environment.
Always plan your work, maintain a clean workspace, and use safe painting practices to diminish the risk of fire hazards associated with painting.
Which of the following is a goal of workers in the legal services and public safety field
they seek to protect people and their property
4. Explain examples of both professional and unprofessional communication.
Answer:
Professional Communication: The term professional communication refers to the different forms of speaking, listening, gestures and writing to and fro in the workplace. It can be either in person or through emails or any other electronic communication.
Example: Listening carefully while someone is giving speech. Mobile on silent mode while in meeting.
Unprofessional Communication: The term unprofessional communication refers to the different forms of speaking, listening, writing and gestures in a casual manner which seems to be rude and not up to the mark.
Example: Verbally interrupting is an unprofessional method of not listening. Mobile phone rang in a meeting.
The Custom Halloween Company purchases a new sewing machine to replace an older machine with limited capabilities. The first week the new machine is used production nearly doubles. Which economic principle does this illustrate?
Answer: Capital investment in new machinery
Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.
It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products
The following information Is given
Income before interest and tax
$20,000
Debt capital
$100,000
Interest on debt capital
5%
Tax rate
30%
What is the amount of tax paid for the year?
The amount of tax paid for the year is $___
Answer:
The tax paid for the year is $4,500
Explanation:
income before interest and tax = $20,000
less interest on debt:
5% of $100,000 = - $5,000
earnings after interest = $15,000
The amount of tax paid is 30% of $15,000 = $4,500
Final answer:
After deducting interest on debt capital from the income before interest and tax, the taxable income is calculated, on which a 30% tax rate is applied, resulting in a total tax paid of $4,500 for the year.
Explanation:
To calculate the amount of tax paid for the year based on the given information, we first need to account for the Interest on debt capital. The interest payment is 5% of $100,000, which is $5,000. This is deducted from the Income before interest and tax to determine the taxable income. Therefore, the taxable income is $20,000 - $5,000 = $15,000. We then apply the tax rate of 30% to this taxable income to find out the tax paid:
Tax paid = Taxable income × Tax rate = $15,000 × 30% = $4,500.
The amount of tax paid for the year is thus $4,500.