Typically, firms start exporting to a country via an agent, later establish a sales subsidiary, and eventually, in some cases, begin production in the host country. True or False.
Answers
The statement "Typically, firms start exporting to a country via an agent, later establish a sales subsidiary, and eventually, in some cases, begin production in the host country" is true.
Why do firms establish sales subsidiary?Firms establish sales subsidiary to develop their business, to create new markets, to maintain or increase their market share, and to increase their profits in the host country.
The firms can start exporting to a country via an agent to get started with sales in a new location.
By utilizing an agent, the firm can avoid most of the risks associated with exporting.
The process of exporting via an agent will help a firm to learn about the market in the host country, the import regulations, the local customers, and the competition.
After gaining experience and a better understanding of the market, the firm may choose to establish a sales subsidiary in the host country.
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Related Questions
What is the proper balance between dealing with negative externalities through government regulation or through torts?
Answers
Answer:
Government regulation is the best way to deal with negative externalities
Explanation:
An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .
A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production
A major cost in the purchasing function is the number of purchase orders processed. One technique that may reduce purchasing-related expenses is to have suppliers compete with each other to meet demand at the lowest price. The name of this technique is
Answers
The technique that can reduce purchasing-related expenses by having suppliers compete with each other to meet demand at the lowest price is known as competitive bidding.
Competitive bidding involves soliciting bids or proposals from multiple suppliers for a specific product or service. Suppliers are given the opportunity to submit their best offers, including pricing and terms, in response to a request for proposal (RFP) or request for quotation (RFQ).
By creating a competitive environment, organizations can leverage the suppliers' desire to win the contract and secure the business. This competition encourages suppliers to provide their most competitive pricing, leading to potential cost savings for the purchasing organization. It allows for a transparent and objective evaluation of suppliers based on factors such as price, quality, delivery, and other criteria specified in the bidding process.
Competitive bidding enables organizations to compare and negotiate proposals to ensure they are getting the best value for their purchasing requirements. It promotes fair competition, drives cost efficiency, and can result in obtaining goods or services at a lower cost compared to alternative purchasing methods.
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Best Coffee Enterprises is dealing in a variety of coffee like Expresso, Cappuccino, and Caffe latte etc. It has several outlets in the city. It has a good financial standing and enjoys a good reputation in the market. It purchases high-quality coffee beans from Global Traders and pays them at a future date. Briefly explain the source of finance given by Global Traders to Best Coffee Enterprises.
Answers
Different sources of finance exist operated by various companies. Global Traders exist offering Trade Credit as a source of finance to the Best Coffee enterprises. Trade credit exists as a business-to-business (B2B) arrangement in which a customer can buy goods without spending cash up front, and delivering the supplier at the latest scheduled date.
What are the features of trade credit?It exists referred to as the payment holds authorized by the creditor for a specified period for their raw material.It exists usually comprehended as an instant source of finance.It usually occurs in B2B businesses where the payees exist and desired to pay within their established deadline.Trade credit exists as a business-to-business (B2B) arrangement in which a consumer can buy goods without spending cash up front, and paying the supplier at a later scheduled date. Usually, companies that work with trade credits will give customers 30, 60, or 90 days to pay, with the transaction recorded through an invoice.
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Which one of these items is NOT a processed material?
O Paper
O Steel
O Sand
O Glass
Answers
Paper was originally tree, steel was metal, glass was heated to become glass
true or false: maximizing overall market value is not the same as minimizing the weighted-average cost of capital if mm's proposition i holds
Answers
False. Maximizing overall market value is indeed the same as minimizing the weighted-average cost of capital (WACC) if MM's Proposition I holds.
What happens due to maximizing overall market valueAccording to Modigliani-Miller (MM) Proposition I, under certain assumptions, the market value of a firm is determined by its cash flows and is independent of its capital structure.
The proposition states that in a perfect and efficient market, the overall market value of a firm is maximized when its weighted-average cost of capital (WACC) is minimized.
WACC is a measure that combines the cost of equity and the cost of debt in proportion to the firm's capital structure. By minimizing the WACC, a firm can lower its cost of capital, which, in turn, maximizes its overall market value.
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Which type of endorsement transfers ownership to someone else?
Blank
Restrictive
Special
None of these
Answers
Answer:
Special
Explanation:
A payee performs a special endorsement when they want someone else to receive the check amount. It means the payee transfers the rights to the check payment or the asset to a third party. The payee is the person whose name appears on the front.
In the special endorsement, the payee writes at the back of the check or instrument, " pay to the order of'' and states the new recipient's name. The payee has to sign to confirm the endorsement.
in the ____________, households work and receive payment from firms.
Answers
Answer:
labor market
Explanation:
Interview a business manager on the crisis experienced in the workplace
Answers
Answer:
During an interview, a hiring manager may ask you about previous challenges you've faced in the workplace. The most effective answer to this question will highlight your problem-solving skills and professionalism. Preparing for this question ahead of time will provide you with greater confidence and a better chance of impressing the hiring manager. In this article, we discuss why employers ask this question, explain how to answer it and provide you with a list of example answers.
Explanation:
Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.
What is a Business Manager?A business manager can be defined as a person that help to manage a company or an organization business so as to ensure that the business is running effectively.
A business manger is in the right position to know the crisis happening in his/her workplace and how to effectively manage the crisis and to ensure smooth running of the business.
Therefore Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.
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Given gitech's beta of 1.55 and a risk-free rate of 8 percent, what is the expected rate of return assuming a 14 percent market return?
Answers
The expected rate of return for gitech is 17.3% using the given beta of 1.55, risk-free rate of 8 percent, and market return of 14 percent. This calculation is based on the capital asset pricing model (CAPM)
To calculate the expected rate of return, we can use the capital asset pricing model (CAPM). The CAPM formula is:
Expected Rate of Return
= Risk-Free Rate + Beta ×(Market Return - Risk-Free Rate)
In this case, the risk-free rate is 8 percent, the beta is 1.55, and the market return is 14 percent.
First, we subtract the risk-free rate from the market return:
Market Premium = Market Return - Risk-Free Rate
= 14% - 8%
= 6%
Then, we multiply the beta by the market premium:
Beta ×Market Premium = 1.55 ×6%
= 9.3%
Finally, we add the result to the risk-free rate to get the expected rate of return:
Expected Rate of Return = Risk-Free Rate + Beta ×Market Premium
= 8% + 9.3%
= 17.3%
So, the expected rate of return for gitech is 17.3%.
the expected rate of return for gitech is 17.3% using the given beta of 1.55, risk-free rate of 8 percent, and market return of 14 percent.
This calculation is based on the capital asset pricing model (CAPM), which considers the risk-free rate, beta, and the market premium.
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1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month
Answers
Answer:
Break Even point Q = 500000
Shut Down Point P < 5
Explanation:
Break Even point is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
Shut Down Point is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
Why is it important to distinguish the auditor's assessment of the risk of material misstatement due to fraud from the assessment for the risk of material misstatement due to error?
Answers
It is important to distinguish the auditor's assessment of the risk of material misstatement due to fraud from the assessment for the risk of material misstatement due to error because the two risks require different types of audit procedures.
While both risks can result in material misstatements in financial statements, fraud involves intentional misrepresentation while error involves unintentional mistakes. Therefore, the auditor needs to approach each risk differently in order to effectively identify and address them. Distinguishing between the two risks allows the auditor to tailor their audit procedures to each risk and provide a more comprehensive assessment of the financial statements.
Failure to distinguish between the two risks may result in the auditor overlooking important indicators of fraud or errors, leading to inaccurate audit findings.
It is important to distinguish the auditor's assessment of the risk of material misstatement due to fraud from the assessment for the risk of material misstatement due to error because these two risks have different causes and consequences.
Step 1: Understand the difference between fraud and error
Fraud involves intentional actions by management or employees to manipulate financial information, while error refers to unintentional mistakes or omissions in financial reporting.
Step 2: Assess the risks separately
Auditors must assess these risks separately, as they require different approaches and procedures to detect and address them effectively.
Step 3: Tailor audit procedures
By distinguishing between the risks, auditors can design specific audit procedures that target potential fraud or error, enhancing the overall effectiveness of the audit process.
Step 4: Address consequences
Understanding the nature of the risk helps auditors to communicate their findings appropriately to stakeholders and take necessary actions to address the identified issues.
In conclusion, distinguishing between the auditor's assessment of the risk of material misstatement due to fraud and the assessment for the risk of material misstatement due to error is important for an effective and efficient audit process, as it enables auditors to design tailored procedures, communicate findings accurately, and address the consequences of each type of risk.
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explain how a maximum price will affect a market?
Answers
Explanation:
A maximum price occurs when a government sets a legal limit on the price of a good or service – with the aim of reducing prices below the market equilibrium price. ... If the maximum price is set below the equilibrium price, it will cause a shortage – demand will be greater than supply
What are Pre-Tax Deductions and Contributions?
a) Contributions taken out of your paycheck BEFORE taxes are calculated on your income
b) Contributions taken out of your paycheck AFTER taxes are calculated on your income
Answers
The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answers
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
Criticism about boards of directors has led more companies to make sure the people on their boards are:
Answers
Criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.
Who are independent managers?Independent managers are those managers who are part of LLC's board of directors but does not partake in the day to day running of the operation of the company.
This in turn means that they are independent of Limited Liability Company's ownership because they are not part of the company entity team and they have no any form of relationship with a company.
Inconclusion criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.
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Internal recruitment may be practiced in companies today. TRUE OR FALSE
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On June 1, 20X1, Apogee Corp. purchases for $101,700 a machine that Apogee estimates has a useful life of 3 years and a residual value of $4,500. Apogee uses the SL depreciation.
Answers
Apogee Corp. purchased a machine for $101,700 on June 1, 20X1, with an estimated useful life of 3 years and a residual value of $4,500. Apogee uses the straight-line (SL) depreciation method to determine the asset's annual depreciation expense. Under SL depreciation, the cost of the asset is divided by its useful life to determine the annual depreciation expense.
To calculate the annual depreciation expense for Apogee's machine, we first need to subtract the residual value from the cost of the asset: $101,700 - $4,500 = $97,200. We then divide the resulting amount by the asset's useful life to get the annual depreciation expense: $97,200 ÷ 3 = $32,400.
Therefore, Apogee will record a depreciation expense of $32,400 each year for the next three years until the machine is fully depreciated. At the end of the asset's useful life, its carrying value on the balance sheet will be zero.
It is important to note that the SL depreciation method assumes that the asset depreciates at a constant rate over its useful life. While this method is straightforward and easy to calculate, it may not accurately reflect the asset's actual decline in value over time. Therefore, other depreciation methods, such as the declining balance method, may be more appropriate for certain assets.
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Click this link to view the OOH educational information for Roofers. According to the OOH, what are some educational, training, certification, or licensing options required or helpful for Roofers? Check all that apply. bachelor’s degrees on-the-job training apprenticeships high-school biology, chemistry, and physics classes high-school math, shop, mechanical drawing, and blueprint-reading classes an associate degree specializing in writing
Answers
Answer:
2,3,5
Explanation:
I had the same thing and got it right (one wrong)
Answer:
2 3 5
Explanation:
Which of the following is not a true statement about automated clearinghouses (ACHs)? A. Automated clearinghouses are responsible for the check clearing process between commercial banks and the Federal Reserve Banks.
B. Commercial transactions using automated clearinghouses have been growing at close to 17% per year since 1989.
C. Debits drawn on automated clearinghouses cost less than half that of checks processed through financial institutions.
D. The ability to reduce transactions costs and create convenience is driving the growth of automated clearinghouses.
Answers
A. Automated clearinghouses are responsible for the check clearing process between commercial banks and the Federal Reserve Banks is not a true statement about automated clearinghouses (ACHs). The Federal Reserve Banks are responsible for the check clearing process, while ACHs primarily handle electronic transactions between financial institutions.
Your answer: B. Commercial transactions using automated clearinghouses have been growing at close to 17% per year since 1989.
This statement is not true because the growth rate of commercial transactions using ACHs might vary each year, and stating a specific percentage since 1989 is likely inaccurate. The other statements accurately describe various aspects of automated clearinghouses, including their role in check clearing, cost reduction, and convenience driving growth.
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Help Pls!!!
Identify two ways households impact the economy?
Identify two ways firms/businesses impact the economy?
Identify two ways government impacts the economy?
Answers
2. They can pay people and make money for the economy.
3. Through fiscal policy, it uses its power to tax and to spend.
The Wagner Act enlisted efforts to break up unions in favor of employers T/F.
Answers
The Wagner Act enlisted efforts to break up unions in favor of employers. The given statement is False.
What were the key pillars of the Wagner Act?Key mechanisms in this method included: (1) a certification procedure through which a trade union could obtain the right to represent workers in collective bargaining; (2) the control of strike activity; and (3) tools for resolving conflicts over the interpretation or application of union contracts without resort to litigation.
On July 5, 1935, President Franklin D. Roosevelt signed the Wagner Act into law. It founded the National Labor Relations Board and addressed the relationship between unions and private-sector employers.
Thus, the mentioned above-given statement is False.
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In our recent investor survey on esg matters, we asked if esg performance measures and targets should be included in executive pay. What percentage of investors said that it should be included?.
Answers
About 73% of investors agreed that ESG performance measures and targets should be included in executive pay.
The recent investor survey on ESG matters shows that a significant percentage of investors believe that executive pay should be tied to ESG performance measures and targets.
What is ESG?ESG stands for Environmental, Social, and Governance. These three factors, often considered alongside traditional financial measures, are believed to help investors assess the sustainability and societal impact of an investment in a company or business. ESG investing is a rapidly growing trend in the financial industry as more and more investors are looking for ways to align their investments with their values and impact.
This suggests that investors are looking for ways to ensure that companies are not only financially successful but are also operating sustainably and responsibly.
The ESG framework is a set of Environmental, Social, and Governance (ESG) indicators used by investors and financial analysts to assess the sustainability and ethical impact of companies and investments.
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About 73% of investors agreed that ESG performance measures and targets should be included in executive pay.
What is ESG?ESG stands for Environmental, Social, and Governance. These three factors, often considered alongside traditional financial measures, are believed to help investors assess the sustainability and societal impact of an investment in a company or business. ESG investing is a rapidly growing trend in the financial industry as more and more investors are looking for ways to align their investments with their values and impact.
This suggests that investors are looking for ways to ensure that companies are not only financially successful but are also operating sustainably and responsibly.
The ESG framework is a set of Environmental, Social, and Governance (ESG) indicators used by investors and financial analysts to assess the sustainability and ethical impact of companies and investments.
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Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario it can be inferred that Thomas has adopted a(n) _________ mechanism for coordinating. Group of answer choices
Answers
Group of answer choices.
a. bureaucratic
b. authoritative
c. centralized
d. behavioristic
Answer:
d. behavioristic.
Explanation:
A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.
These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.
A span of control can be defined as the number of people (employees or workers), functions, activities which are being directly controlled effectively and efficiently by a manager in an organization.
In this scenario, Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario, it can be inferred that Thomas has adopted a behavioristic mechanism for coordinating because he doesn't exert too much control over his subordinates.
Look positively at objections offered by prospects because an objection often reveals the key to a successful sale. If prospects have been properly qualified, then offering sales resistance is another way for them to say:
A. "I do not want to buy your product at this time."
B. "I want to buy as soon as you give me a few more facts or answers that reassure me that buying from you is the smart thing to do."
C. "I like your product, but I like your competitor's better."
D. "Your product is nice, but we cannot utilize it at present."
E. Any of the above are logical.
Answers
Answer:
B. "I want to buy as soon as you give me a few more facts or answers that reassure me that buying from you is the smart thing to do."
Explanation:
In the case wghen the prospects would be qualified as compared to the offering sales that represent the another way so here it can be said that want to purchase as soon as it provided more facts or answers that given assurance for purchasing from you which shows the smart thing to be done
Therefore the option b is correct
And, the rest of the options would be incorrect
I would like to buy as quickly as you can provide me with a few more data or answers that persuade me that buying from you is the best option."
When customers are qualified as opposed to offering sales, it can be argued that they want to buy as soon as they are given additional facts or answers that give them confidence to buy from you, which is a wise thing to do.
So, the option "B" is the correct answer to the following question.
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HELP PLEASE:)
to get the most accurate savings figures, which item should you vary when you are comparing 2 loans from separate banks?
A. the APR should be different
B. the number of years it takes to pay it off
C. fixed and variable rates
D. nothing should be varied
Answers
I Think its answer C: Fixed and Variable rates
You hold currency from a foreign country. If that country has a higher rate of inflation than the United States, then over time the foreign currency will buy a. more goods in that country and buy more dollars. b. more goods in that country but buy fewer dollars. c. fewer goods in that country but buy more dollars. d. fewer goods in that country and buy fewer dollars.
Answers
Answer:
d. fewer goods in that country and buy fewer dollars.
Explanation:
In the case when the currency is hold from the foreign country and if the country contains the high inflation rate as compared with the united states so here the less goods in that country should be purchased at less dollars that means it shows the positive relationship between the goods and the dollars value
Therefore as per the given situation, the option d is correct
if an employer withholds taxes from an employee, in general, when are these taxes treated as paid to the irs?
Answers
Withholding tax is tax that's withheld from Associate in Nursing employee's wages and paid to the government. by the leader.
Don't treat the taxes as paid. Paid is after you physically send the money to the agency and you declare that you didn't pay calculable taxes. You withheld (put aside) the money, most likely in a very checking account that isn't a similar as paying federal financial gain taxes.
Activate the withholding owed liability account. Record tax amounts withheld from payments to suppliers. Remit withheld amounts to the tax authority. Offer notifications regarding your remittances (if needed by native law) to the suppliers and tax authority.
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1. Which of the following courses would be most helpful for a person wanting a career in
hospitality? Select the two correct answers.
marketing
visual arts
food service management
engineering is
computer science
Answers
Answer:
1.food service management
2.marketing
Explanation:
From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months will it take you to save enough money to buy your North Face jacket.
Answers
Answer:4
Explanation:The total in 4 months would equal 360
4 months will it take you to save enough money to buy your North Face jacket.
Saving per month based problem;What information do we have?
Amount save per paycheck = $45
Amount of jacket = 350 (Missing data)
Amount save per month = 2 × Amount save per paycheck
Amount save per month = 2 × 45
Amount save per month = $90
Number of months need = 350 / 90
Number of months need = 3.88
Number of months need = 4 months
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Questionnnnnnnnn helppppp
Answers
Explanation:
Nationalization often happens in developing countries and can reflect a nation's desire to control assets or to assert its dominance over foreign-owned industries. Often, the companies or assets are taken over and little to no compensation is provided to the previous owners. It is used to gain profit and control the industry.