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A company is planning to manufacture snowboards. The fixed costs are $ 140 per day and the total costs are $ 5,689 per daily output of 21 boards. What is the average costs per board tend to as production inceases?"
Answers
As production increases, the average cost per board tends to decrease. This is because the fixed costs are spread over a larger number of boards, reducing the impact of fixed costs per unit.
To calculate the average cost per board as production increases, we divide the total costs by the number of boards produced. Fixed costs per day: $140. Total costs per daily output of 21 boards: $5,689. Variable costs per board: Total costs - Fixed costs = $5,689 - $140 = $5,549. Average cost per board: Total costs / Number of boards = $5,549 / 21 ≈ $264.24. As production increases, the average cost per board tends to decrease. This is because the fixed costs are spread over a larger number of boards, reducing the impact of fixed costs per unit. In this case, the average cost per board approaches approximately $264.24 as production increases.
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Related Questions
Which expense is a direct cost in the product costing of a fabric manufacturer?
Α.cost of cotton
B.electricity
C.water supply
D.salaries of employees
Answers
Answer:
A and D
Explanation:
Direct expenses are operational expense that can be straightforwardly applied to creating a particular expense object, similar to a decent or administration. Cost objects are things that expenses are allotted to. Instances of direct expenses incorporate direct work, direct materials, and assembling supplies.
Brainliest?
The lean six sigma model includes principles from and six sigma.
Answers
Answer: Lean Six Sigma combines the strategies of Lean and Six Sigma.
Explanation:
If the interest rate is 8%, which of these investments would you prefer?
Multiple Choice
A perpetuity of $250 a year starting in year 3.
A payment of $3,000 today.
A payment of $500 in year 1, a payment of $1,800 in year 3, and a payment of $2,200 in year 6.
A payment of $350 a year for 30 years starting in year 2.
Answers
The investment that should be chosen is the payment of- D. $350 per year for 30 years beginning in year 2.
What is the reason?If the interest rate is 8%, then the investment which is preferred is the one that provides the maximum present value of the future cash flows.
Using a financial calculator, we can find the present value of each investment and compare them. Using a financial calculator, the present value of the perpetuity of $250 a year starting in year 3 is $3,030.
30, the present value of the payment of $3,000 today is $3,000, the present value of the payment of $500 in year 1, $1,647.73 in year 3, and $1,857.34 in year 6 is $3,361.80, and the present value of the payment of $350 a year for 30 years starting in year 2 is $6,899.14.
As a result, the investment that should be chosen is the payment of $350 per year for 30 years beginning in year 2.
Hence, option d. is correct.
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ch02 15 what is the relationship between payroll and wins in the nfl, nba, nhl, and mlb?
Answers
The relationship between payroll and wins in the NFL, NBA, NHL, and MLB varies across these professional sports leagues.
In general, there tends to be a positive correlation between payroll and wins in professional sports leagues like the NFL, NBA, NHL, and MLB. Teams with higher payrolls often have the financial means to attract and retain top talent, which can contribute to their success on the field or court.
These teams can afford to sign star players, offer lucrative contracts, and invest in player development programs, giving them a competitive advantage. As a result, they may have a higher likelihood of achieving more wins and performing well in their respective leagues.
However, it's important to note that the relationship between payroll and wins is not absolute. While a higher payroll can increase a team's chances of success, it does not guarantee it. Other factors such as team management, coaching, strategy, player injuries, and team chemistry also play significant roles in determining a team's performance and win-loss record.
There have been instances where teams with lower payrolls have achieved remarkable success by effectively managing their resources, making astute player acquisitions, and fostering a strong team culture. Therefore, while payroll can influence a team's performance, it is not the sole determining factor in their success or failure.
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The following auditor’s report was drafted by a staff accountant of Nathan and Matthew, CPAs, at the completion of the audit of the comparative inan- cial statements of Monterey Partnership for the years ended December 31, 2013 and 2012. Monterey is a privately held company that prepares its inan- cial statements on the income tax basis of accounting. The report was sub- mitted to the engagement partner, who reviewed matters thoroughly and properly concluded that an unmodiied opinion should be expressed. The draft of the report prepared by a staff account is as follows:
Auditor’s Report
We have audited the accompanying inancial statements of Monterey Partnership, which comprise the statements of assets, liabilities, and capital–income tax basis as of December 31, 2013, and the related statements of revenue and expenses–income tax basis and of changes in partners’ capital accounts–income tax basis for the year then ended, and the related notes to the inancial statements.
Auditor’s Responsibility
We conducted our audit in accordance with standards established by the AICPA. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the inancial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the inancial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the inancial statements, whether due to fraud or error. An audit also includes evaluating the appropriateness of accounting policies used as well as evaluating the overall presentation of the inancial statements.
We believe that the audit evidence we have obtained is suficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the inancial statements referred to above present fairly, in all material respects, the assets, liabilities, and capital of Monterey Partnership as of December 31, 2013, and its revenue and expenses and changes in part- ners’ capital accounts for the year then ended in conformity with generally accepted accounting principles applied on a consistent basis.
Basis of Accounting
We draw attention to Note 2 of the inancial statements, which describes the basis of accounting. The inancial statements are prepared on the basis
of accounting the Partnership uses for income tax purposes. Accordingly, these inancial statements are not designed for those who do not have access to the Partnership’s tax returns. Our opinion is not modiied with respect to this matter.
Nathan and Matthew, CPAs April 3, 2014
Required:
Identify the errors and omissions in the auditor’s report as drafted by the staff accountant. Group the errors and omissions by paragraph, where applicable. Do not redraft the report.
Answers
The minor points do not affect the accuracy or validity of the auditor's report. There are no major errors or omissions in the auditor's report as drafted by the staff accountant. However, there are a few minor points that could be improved.
In the first paragraph, the staff accountant could have specified the years ended December 31, 2013 and 2012, instead of just saying "comparative financial statements." This would make the report clearer. In the second paragraph, the staff accountant could have mentioned that the audit was conducted to obtain reasonable assurance about whether the financial statements are free from material misstatement due to fraud or error. This would provide more clarity about the purpose of the audit.
In the third paragraph, the staff accountant could have elaborated on the procedures selected to obtain audit evidence about the amounts and disclosures in the financial statements. This would provide more detail about the audit process.
In the fourth paragraph, the staff accountant could have mentioned that the financial statements are presented in accordance with generally accepted accounting principles applied on a consistent basis, instead of just saying "in conformity with generally accepted accounting principles." This would provide more specificity about the basis of the financial statements.
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Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years after taking out the loan. If the loan has an interest rate of 6. 8%, compounded monthly, and Gertrude makes monthly payments, how much interest will she pay by the time the loan is repaid? Round all dollar values to the nearest cent. A. $4,462. 40 b. $1,213. 28 c. $1,713. 69 d. $2,094. 80.
Answers
The interest is the amount of payment that is given by the borrower to the lender of money, it is the excess amount that is paid for the use of money.
The amount of interest that Gertrude would pay is $2,908 to repay the total amount of the loan.
What is interest?Interest is the monetary charge for acquiring money, and it is mostly shown as a percentage, such as an annual percentage rate (APR).
Interest is the excess amount that is paid by the lender to use his money on a certain percentage, and it is repaid with the amount of principal.
Computation of Interest:
Given that,
Principal(P) = $5,550,
Interest Rate(i) = 6.8%,
\(\text{i} = \dfrac{6.8}{12\times100}\\\\\text{i} =0.005667\)
Number of monthly Installments(n)= 10×12 = 120.
Here, we apply the formula of E.M.I (Equated Monthly Installment):
\(\text{E.M.I.}= \dfrac{P\times i\times (1+i)^n}{(1+i)^n-1}\\\\\\\text{E.M.I.}=\dfrac{\$5,500\times 0.005667\times (1+0.005667)^1^2^0}{(1+0.005667)^1^2^0-1}\\\\\\\text{E.M.I.}=\$63.29\)
Here, the total installments of the loan are 120,
then the amount of total payment would be:
\(120\times\$63.29= \$7,594\)
Then, the amount of interest that is paid on the loan would be:
\(\text{Amount -Principal}= \text{Interest}\\\\\$7,594.28-\$5,500= \$2,094.28\\\\\\\text{Interest}= \$2,094.28\)
Therefore, the total amount of interest that Gertrude has to pay is $2,097.28.
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In 1910, the price of a Model T Ford was $950. By 1917, the average price for the same car was $360. In 1910, fewer than 19,000 Model T's were sold. In 1917, over 730,000 were sold. What conclusion can you draw from this information?: (A)The cost of living must have gone down between 1910 and 1917. (B)Henry Ford was making less money in 1917 than he was in 1910 (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910. (D)There is no relationship between the price of the Model T's and the number sold.
Answers
The conclusion that can be reached is that (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910.
The price of a good or service is usually directly proportional to its cost. This means that if something was costly to produce or to provide, the price that the company providing will charge will be high as well.
The reason for this is that the company needs to make a profit so they charge a higher price than the cost in order to make back the cost and some profit. This is called cost plus pricing.
In 1910, the Model T Ford cost $950 but in 1917 the same car cost $360. This means that the cost must have been less in 1917 than it was in 1910 which was why the Ford company was able to charge less for it.
The correct answer is therefore C.
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Answer:
option c is the correct answer
i think this helps u
What are the basic forms of competition? Discuss
Answers
Answer:
Explanation:
La educación por competencias ha resurgido en todo el mundo con gran fuerza desde finales del siglo pasado. Las reformas del sistema educativo mexicano emprendidas en la última década y que comprenden todos los niveles tienen un elemento en común: un currículo con un enfoque basado en competencias. Al igual que en otros países, en México estamos viviendo una efervescencia por las competencias; no obstante, la confusión y la incertidumbre parecen ser el signo distintivo de estas reformas. Es cierto que el concepto de competencias es polisémico y complejo, que no existe una teoría unificada que sustente este enfoque y que carecemos de experiencia en la puesta en práctica de un currículo basado en competencias. Si a esto le sumamos la dificultad propia que entraña la evaluación del aprendizaje, diremos que las condiciones están puestas para que la ambigüedad y el desconcierto reinen en los centros educativos, tal como está sucediendo. Este artículo tiene como objetivo contribuir al debate teórico actual en torno a la evaluación de competencias, así como aportar algunos rudimentos de tipo metodológico que permitan a los profesores mejorar sus concepciones y prácticas de evaluación.
Palabras clave: educación por competencias, evaluación de competencias, currículo basado en competencias, aprendizaje por competencias.
A machine was purchased for $500,000 with a residual value of $50,000. The company estimates that the machine will last 5 years and produce 2,000,000 parts over its life. Calculate depreciation expense using the Straight-Line method for the 5-year life. (NOTE: Round your answers to the nearest dollar and enter it enter it WITHOUT decimals, commas or dollar signs [Example 75000].)
Answers
This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.
The Straight-Line method of depreciation allocates the cost of an asset evenly over its useful life. To calculate the depreciation expense for the machine over its 5-year life, we need to first determine the depreciable cost of the asset. The depreciable cost of the asset is the original cost minus the residual value. In this case, the depreciable cost would be $500,000 - $50,000 = $450,000.
Next, we divide the depreciable cost by the number of years of useful life to calculate the annual depreciation expense. So, the annual depreciation expense for this machine would be $450,000 / 5 years = $90,000. Therefore, the depreciation expense using the Straight-Line method for the 5-year life would be $90,000 per year. This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.
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Answer it please the question is in the pic T_T
Answers
Answer:
Economics:
Explanation:
Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing.
i hope this helped you
What do you think Anielski means by the phrase
"a depletion of the social capital upon which an
economy depends"? Do you agree with him?
Answers
Answer: yes I agree the him
Explanation:
What is the biggest expectation from the civil service?
Answers
The biggest expectation from the civil service is work toward the betterment and protection of the people.
Civil service:
In general terms, civil service refers the permanent professional branches of a state's administration, excluding military and judicial branches and elected politicians.
Given,
Here we need to find the biggest expectation from the civil service.
As per the definition of civil service, the expectations towards the civil service are listed as follows:
=> selflessness,
=> integrity,
=> accountability,
=> openness,
=> leadership,
=> objective, and
=> honesty.
As a whole, the biggest expectations from the civil service is managing the resources given to them by the government and making use of them efficiently and effectively.
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It's helpful to write a company's mission statement in what way?
A. By comparing the company's products to its competitors
B. By listing the company's values
C. By describing what the company does for its customers
D. By providing a list of product prices
Answers
Answer: C
Explanation:
Put this doodoo on edge
It's helpful to write a company's mission statement in a way By describing what the company does for its customers. Thus the correct option is C.
What is the importance of a Mission statement?A mission statement establishes an optimal future for the business and guides its advancement. These statements have the capacity to clearly express your goals and inspire your team or organization to carry out a compelling future vision.
Employees are encouraged by mission statements to consider how their activities may affect the future performance of the firm and the culture of the workplace. It outlines the organization's goals and main objectives.
The company's mission statements serve as a roadmap for determining the goal of your job. You and your team can create a solid plan to accomplish those goals after they are set.
Therefore, option C is appropriate.
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1. Market research depends on high-quality data to be ineffective. True or False
Answers
Answer:
Tru
Explanation:
a canadian broker-dealer has some clients who move to florida for the winter. the agent who services their accounts wants to be able to contact them when they are in florida. which statement is true?
Answers
This statement is True: Some of the clientele of a Canadian broker-dealer relocate to Florida during the winter.
What does a broker-dealer do?Since State B has retail clients, a regional broker-dealer would have to register there as a broker-dealer. A broker-dealer (B-D) is an individual or company who trades securities for their own account or on behalf of their customers.
Since the majority of stock brokerages function as both agents and principals, the term "broker-dealer" is used to define them in terms of U.S. securities laws. A broker/dealer is a business that manages securities for insurance firms as well as connects buyers and sellers of insurance.
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HELP PLEASE!!!!!! You have been asked to suggest ways to improve the economy of a small island nation. There is a thriving tourist industry already, with plenty of hotels, restaurants, and other attractions. When you suggest establishing more manufacturing, the president is concerned that factories will discourage tourism. Nearly 75 percent of the workforce is having some type of service job, which means that many of the nation's citizens wouldn't be qualified to work in the modern plants you suggest. He fears disruptions to the economy. To make the proposal more compelling, which of the following arguments might be the most persuasive?
For every 80 service employees, there should be no more than 20 manufacturing employees.
For every dollar of manufacturing sales, the gross national product will increase $1.25.
For every 6 existing hotel or casino, you will build 1 factory.
For every 20 manufacturing workers, you will outsource 5 jobs.
Answers
Hebert Simon cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, managers are not able to make perfectly rational decision. Do you agree? why/why not? Secondly, it is often said that managers often make decisions without all the necessary information. Why is this so
Answers
Situations and scenarios affects the ability of managers to make rational decisions.
Let understand that an approach of making rational decisions is based on obtained data which effectively allows decision-making, thereby reducing chances of errors, assumptions and all causes for poor judgments
Thus, the main key for decision-making strategy is information and data management. The problem cited by Hebert Simon is because some of decision made by managers are based on assumptions.In conclusion, quick and rational decisions should be embraced by manager although its requires keeping a track of information and data of different scenarios.
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Which of the following strategies is used in the following ad:
A. famous association
B. join the bandwagon
C. promotional deal
D. repetition
Answers
Answer:
a
Explanation:
Name some areas where there’s an expected be an increased demand for workers
Answers
Answer:
Health care,Social assistance,Child care
Veronica owns a pottery business and is insured under a commercial property policy. She was in the process of building an extra structure for the sole purpose of kiln firing her pottery when a massive storm came through and blew down all the scaffolding, which added additional cost to the construction project. Which coverage extension of the Builder’s Risk Coverage Form would cover the scaffolding?
Answers
Answer: Scaffolding, construction forms, and temporary structures
Explanation:
The builders risk coverage form simply refers to the insurance policy which covers both the residential structures and the commercial structures when such structures are being constructerd or renovated.
Based on the information given, the coverage extension of the Builder’s Risk Coverage Form that would cover the scaffolding will be scaffolding, construction forms, and temporary structures.
what is a trail balance and make a diagram to show an example of it
Answers
Trial Balance displays information on each ledger balance in a tabular style.
Every organisation must assess its financial condition over a specific time period, thus it includes transactions made during the year as well as the opening and closing balances of ledgers. The trial balance aids in analyzing the position and transactions made during such a time period by listing all the accounts that have debit and credit balances in one location.
The trial balance arrangement typically comprises three columns. The ledger accounts are first described in columns or other particulars, followed by amounts (debit), or the ledgers with debit balances. The final are the ledgers containing credit balances, or amount (credit).
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The question seems incomplete. The complete question is:
What is a trial balance and explain its arrangement?
Do broadcast journalists have to worry about editing? Group of answer choices No, they have editors to do the editing. Yes, they have to learn how to use the software too. No, they don’t have enough time to edit. Yes, they are not assigned editors to review their segments.
Answers
Answer:
the first one or second one
Explanation:
tbh the first one sounds better because most broadcasters just go unfiltered
The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answers
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2
Gus receives a paycheck at the end of every week. Which reinforcement schedule is this?.
Answers
Fixed-interval schedule, Gus gets paid every week at the end of the workweek.
What is reinforcement schedule?
A "reinforcement schedule" is essentially a guideline that specifies which behaviors will be rewarded. Fixed-Ratio, Fixed Interval, Variable-Ratio, and Variable-Interval schedules are among the four categories.
Reinforcement becomes accessible according to a fixed-interval schedule after a predetermined amount of time.
This schedule results in higher response levels at the end of the interval but lower response levels just after the reinforcer is given.
As a result, in this case reinforcement schedule is fixed interval schedule.
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g Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if: 1. The price of good X increases by 5% 2. The price of good Y increases by 12%
Answers
Answer:
Sry, I can't understand anything at all!
the primary reason people hold money is a. to use it as a medium of exchange. b. to keep wealth in a less liquid form. c. to earn interest. d. to use it for investment.
Answers
The primary reason people hold money is a. To use it as a medium of exchange.
Money serves as a convenient and widely accepted means of conducting transactions in the exchange of goods and services. While there may be secondary reasons for holding money, such as storing wealth in a less liquid form (b) or earning interest (c), the primary purpose is to facilitate the exchange of goods and services in day-to-day transactions. Money allows individuals to make purchases, pay bills, and conduct daily transactions conveniently.
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Crane Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $233,800 and has an estimated useful life of 8 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $33,000. Management also believes that the new bottling machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. Assume a discount rate of 4%
Answers
Crane Bottling Corporation should consider purchasing the new bottling machine as it has a positive net present value (NPV).
To calculate the NPV, we need to find the present value of all the cash flows generated by the machine. Using a discount rate of 4%, we can calculate the present value of the annual cash flows as follows:
PV of cash flows = $33,000 / (1 + 0.04)^1 + $33,000 / (1 + 0.04)^2 + ... + $33,000 / (1 + 0.04)^8
PV of cash flows = $231,396.67
Next, we subtract the initial cost of the machine from the present value of the cash flows to find the NPV:
NPV = PV of cash flows - Initial cost
NPV = $231,396.67 - $233,800
NPV = -$2,403.33
Since the NPV is negative, it may appear that the project should not be undertaken. However, it is important to note that the machine will save the company money due to reduced downtime.
This additional benefit is not included in the cash flows but could have a significant impact on the overall profitability of the project. Therefore, Crane Bottling Corporation should conduct further analysis to determine the true value of the project before making a final decision.
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Nico has a net worth of $150,000. nico sold all of his assets for cash and used that cash to pay off all debts and obligations. in theory, how much cash would remain with nico? quizlet
Answers
In theory, if Nico sold all his assets for cash and used that cash to pay off all debts and obligations, his net worth would be zero.
Nico's net worth of $150,000 represents the value of his assets minus his debts and obligations. If he sells all his assets for cash, he would receive the equivalent value in cash. By using that cash to pay off all his debts and obligations, he would settle all outstanding financial obligations.
As a result, after selling his assets and paying off his debts, Nico would have no remaining assets or liabilities. Therefore, his net worth would be reduced to zero. All the cash generated from selling his assets would be used to clear his debts, leaving no cash remaining.
It's important to note that this explanation is based on the assumption that Nico has no other sources of income or expenses outside of the assets, debts, and obligations mentioned.
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education opens the door to employment.
Answers
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
refers to an organization running its operations and opening subsidiaries worldwide right from the beginning. group of answer choices international joint venture outsourcing the subordinateship phenomenon the born-global phenomeno
Answers
It refers to an organization running its operations and opening subsidiaries worldwide right from the beginning is D. The born-global phenomenon.
The born-global phenomenon is characterized by organizations that are able to achieve internationalization at an early stage of their development. These organizations are typically small and entrepreneurial and are able to leverage technology and networks to rapidly expand their operations overseas.
One of the key drivers of the born-global phenomenon is the increasing globalization of markets. Advances in technology, transportation, and communication have made it easier for organizations to reach customers in different parts of the world. As a result, many organizations are now able to establish a global presence right from the start. Another factor driving the born-global phenomenon is the increasing importance of innovation and agility in the global marketplace.
Overall, the born-global phenomenon is a testament to the power of globalization and the increasing importance of internationalization in the world of business. By embracing this trend, organizations can achieve rapid growth and success on a global scale. Therefore, the correct option is D.
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refers to an organization running its operations and opening subsidiaries worldwide right from the beginning. group of answer choices
A. international joint venture
B. outsourcing
C. the subordinateship phenomenon
D. the born-global phenomenon
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