Many marketers claim that China will become the world's largest market. China's rapid economic growth and increasing consumer spending power have made it an attractive market for businesses looking to expand their global reach.
The Chinese government has also implemented policies to encourage domestic consumption, such as reducing taxes on certain goods and services and promoting e-commerce platforms. These policies have contributed to the growth of China's middle class and an increase in consumer spending. With a population of over 1.4 billion people, China offers a massive consumer base with diverse preferences and needs. Furthermore, China's advancements in technology and innovation have created new opportunities for businesses to tap into the market. The country has the world's largest online population and is home to some of the world's most successful tech companies, such as Alibaba and Tencent. Despite the potential benefits of entering the Chinese market, businesses also face challenges such as navigating cultural differences and government regulations.
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Which of the following leads to long-run growth? Check All That Apply
a) Technological change
b) Capital accumulation
c) Property rights and free market policies
d) Increase in average wages
The answer is d) Increase in average wages. The next causes long-term growth An increase in the going wage.
Inflation is brought on by pay envelope increases since doing business becomes more precious as stipend rise. Companies must raise their prices for their products and services to neutralize the cost increase and keep their profitability at the same position.
profitable growth, which is frequently shown by an increase in a nation's Gross Domestic Product( GDP), is the steady, long- term rise in the overall affair of goods and services within its frugality.
The cost of manufacturing the commodity increases with a rise in pay envelope rates, causing directors to boost their selling prices. lower affair will be produced and vended as a result of consumers buying lower of the product when its price increases.
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6. Devonn has a checking account that charges $0.25 for each check written and a monthly service charge of $1200. Write a formule that Devenn can use each morth to find the fees he will be charged. Identify any voriable you use in the formula.
Answer:
1200÷12 or 0.25×1200÷12 maybe? plz tell me if I'm right cuz I actually wanna know too
Which of the following is not one of the factors in determining a pension's final value?
A) Years of serivce
B) Level of education
C) Your age at retirement
D) Your highest salary/pay
Answer:
B
Explanation:
"If an initial public offering of a security is going to be sold only in one State, the registration procedure to be used is Registration by:"
Answer:
Qualification
Explanation:
Perhaps if one Government can sell an equity investment to public of a security, the members were assigned that should be used shall be Authentication registered by qualification process.
The jury's final decision is referred to as which of the following?
Answer:
Verdict
Explanation:
Answer:
verdict- the jury's final decision
Jessica has just opened a shoe store. To operate her business, she orders her
shoes from a company. That company receives the shoes from a local
designer. What role does Jessica play in the distribution channel?
A. Jessica is a producer.
оо
B. Jessica is a wholesaler.
C. Jessica is a retailer.
O
D. Jessica is a storage provider.
Answer:
The answer is C
Explanation: Brainiest Would help! :D
Answer:
Answer: C Jessica is a retailer
Explanation:
RETAILERS are responsible for making goods convenient for consumers
to buy.
If you own a business that purchases other people's merchandise and sells
it in your shop you are known as a RETAILER.
How should you dress for a phone interview? (Site 1)
online content
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
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Stuart, a salesperson representing a buyer, is told that the buyer plans to operate a pet grooming business out of any house he buys. Stuart does tell the buyer to verify local zoning ordinances to determine in which parts of town such a business can be conducted. Which duty does stuart violate?
The answer is care. A salesperson must use his skills and knowledge to protect the client's interest in a purchase. In this case, the seller should notify the buyer to verify local zoning regulations that may prohibit the buyer from doing business from home. All salespeople and brokers owe this obligation and disclosure of material facts to consumers. An agent will owe obedience and loyalty to the principal.
Entrepreneur refers to someone who builds or runs their own business. By owning shares in the company, the entrepreneur can enjoy many advantages if all goes well; but they also take a lot of risks—far more than the average employee in the business.
This entrepreneurial risk can take several forms, including financial risk, career risk, emotional risk, or overall business risk. Because there is so much at stake in starting and growing a successful business, there are very specific skills that an entrepreneur usually needs to be successful.
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Posted this question already and no response.
Answer: A medium of exchange
Explanation:
a firm raising funds through various forms of borrowing with the intent to pay it back is using financing.
Borrowing with the intent to pay it back is using financing.Rafael is taking out a loan against the money he has been collecting from clients for the business.
He borrows the money with the secret intention of returning it to the business later. There is no one who can check to see if Rafael has returned the money he borrowed, which is a vulnerability in internal control in the business system.First off, the term "collusion" refers to a concept in economics that focuses on situations where two or more businesses choose to collaborate illegally by adopting a similar strategy, such as pricing the goods at a similar rate, in an effort to limit or at the very least restrict competition so that those businesses can maintain a share of the market for themselves. Because it hurts the competition, it is regarded as illegal in several nations.
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Answer:
debt
Explanation:
If demand decreases and supply stays the same, there will be a
A) higher equilibrium price and lower quantity
B) lower equilibrium price and quantity
C) higher equilibrium price and quantity
D)lower equilibrium price and higher quantity
Each fire department member has a specific duty to perform. Match each position with the appropriate role or responsibility.
Answer:
I'm working on this too man. lemme finish it up and ill tell you the answers
Explanation:
Kirstin is thinking about opening an italian restaurant and needs to buy a dough maker. Machine a has fixed costs of $300 and variable costs of $1/pound. Machine b has fixed costs of $1000 and variable costs of $0. 30/pound. What is the crossover point? for 500 pounds of dough, which machine is better?.
A 1,000-pound threshold is reached. Machine A costs Kirstin less while producing 500 pounds of merchandise.
Crossover point definitionThe term "crossover" refers to a moment on a trading chart where the price of an asset crosses a line drawn by a technical indicator, or when two indicators itself cross. Crossovers are used to gauge a financial instrument's performance and foretell future shifts in trend, like breakouts or reversals.
Given that both machines are equally expensive, we need to find the quantity at which Kirstin is undecided about which machine to buy:
Machines
A: 1Q + 300
B: 0.3Q + 1,000
1Q + 300 = 0.3Q + 1,000
(1-0.3)Q = 1,000 - 300
0.70Q = 700
Q = 700/0.7 = 1,000
at 500 pounds;
Machine A: $ 1.00 x (500) + $300 = $ 800
Machine B: $ 0.30 x (500) + 1,000 = $ 1,150
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Foods galore is a major distributor to restaurants and other institutional food users. foods galore buys cereal from a manufacturer for $28 per case. annual demand for cereal is 242,500 cases, and the company believes that the demand is constant at 970 cases per day for each of the 250 days per year that it is open for business. average lead time from the supplier for replenishment orders is seven days, and the company believes that it is also constant. the purchasing agent at foods galore believes that annual inventory carrying cost is 25 percent and that it costs $52 to prepare, send, and receive an order.
standard deviations and probabilities z= number of deviations required probability of being in stock probability of stockout 84.13% 15.77% 1.04 85 1.28 90 10 1.65 95 1.96 97.5 2.5 2.0 9772 2.28 2.33 99 3.0 99.86 0.14
a. how many cases of cereal should foods galore order each time it places an order? (round your answer to the nearest whole number.)
economic order quantity: ? cases
b. what will be the average inventory? (round your answer to 1 decimal place.)
? cases
c. what will be the inventory turnover rate? (round your answer to 1 decimal place.)
inventory turnover: ? times per year
d. calculate the total annual cost based on a product cost of $28/unit. (include the product cost in your total. do not round intermediate calculations. round your answer to 2 decimal places.)
total annual cost?
a) Foods Galore should order 1,798 cases of cereal each time it places an order.
b) The average inventory will be 4,072 cases.
c) The inventory turnover rate will be 59.53 times per year.
d) The total annual cost will be $1,019,702.47.
a. To calculate the economic order quantity, we can use the formula: EOQ = sqrt((2DS)/H), where D is the annual demand, S is the ordering cost, and H is the annual inventory holding cost as a percentage of the unit cost.
Given,
D = 242,500 cases per year
S = $52 per order
H = 25% of $28 per case = $7
Substituting the values, we get:
EOQ = sqrt((224250052)/7) = 1,798
Therefore, Foods Galore should order 1,798 cases of cereal each time it places an order.
b. The average inventory can be calculated using the formula: Average inventory = EOQ/2 + Safety stock, where safety stock is the amount of inventory kept as a buffer to avoid stockouts during lead time.
Given,
EOQ = 1,798 cases
Safety stock = Zsqrt(LTV), where Z is the number of standard deviations required, LT is the lead time, and V is the daily demand.
From the table, we can see that for a 97.5% probability of being in stock, Z = 1.65.
LT = 7 days
V = 970 cases per day
Substituting the values, we get:
Safety stock = 1.65sqrt(7970) = 3,548
Average inventory = EOQ/2 + Safety stock = 1,798/2 + 3,548 = 4,072
Therefore, the average inventory will be 4,072 cases.
c. The inventory turnover rate can be calculated using the formula: Inventory turnover = D/Average inventory, where D is the annual demand and Average inventory is the value calculated in part (b).
Substituting the values, we get:
Inventory turnover = 242,500/4,072 = 59.53 times per year
Therefore, the inventory turnover rate will be 59.53 times per year.
d. The total annual cost can be calculated using the formula: Total annual cost = (D/Q)*S + (Q/2)H + (DP), where Q is the order quantity (EOQ), S is the ordering cost, H is the inventory holding cost, and P is the product cost.
Substituting the values, we get:
Total annual cost = (242500/1798)52 + (1798/2)0.2528 + (24250028) = $1,019,702.47
Therefore, the total annual cost will be $1,019,702.47.
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checking accounts and money market accounts are examples of cash equivalents. true or false
True. Checking accounts and money market accounts are examples of cash equivalents, which are short-term, highly liquid investments that can be easily converted into cash.
Other examples of cash equivalents include treasury bills, commercial paper, and certificates of deposit. Cash equivalents are extremely liquid assets that can be quickly and readily converted into cash, usually within 90 days or less. Cash equivalents include, for instance:
The money market Treasury notes Business paper Acceptances from banks government bonds that are due soon
Cash equivalents like certificates of deposit (CDs) are frequently seen as secure investments due to their high liquidity and minimal default risk. They are frequently used by both people and companies as a temporary holding location for their assets while they determine how to invest or utilize the cash.
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Licensee Jim listed a property and Licensee Sally sold the property to her client. Jim and Sally work for the same brokerage. This type of sale is known as what?
Answer:
The answer is In-house sale.
Explanation:
In-house sale is a situation in which the listing broker is the same(no other broker involved) that buys the asset for sale. Licensee Jim and Licensee Sally work for the same brokerage and the listing and eventual sale of the property is between them(same brokerage). There is no sharing of brokerage commission.
Shawn lost $15,000 on his stock investments this past year. Which is true? (5 points)
He can deduct the loss from his property taxes.
He can recover the loss through his insurance.
He can deduct the loss from his taxable income.
He has to pay an administrative fee on the loss.
The TRUE statement about Shawn, who lost $15,000 on his stock investments this past year, is that C. He can deduct the loss from his taxable income.
Shawn's taxable income (capital gains) will be reduced by the amount of the investment loss. However, he can only recover $3,000 in each year while the remaining will be carried forward to subsequent years.
Shawn cannot recover the investment loss:
From his property taxesThrough his insuranceBy paying an administrative fee.
Thus, the true statement is C.
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Which of the following is an internal factor?
A. Interest rates
B. Employment laws.
C. Employee turnover.
D. Economic recession.
Answer:
Your answer is: C) Employee turnover
Explanation:
organizations need to make location decisions for many reasons. the options available in location planning and the factors that go into location selection are covered here. considering the benefits, disadvantages, risks and issues associated with various location options is important in an organization's location selection. options include expanding an existing location, adding a new location, moving, or doing nothing. location decisions are influenced by many factors at different geographic levels including country, region, community, and site. fixed cost is $30,000, and... fixed cost is $30,000, and variable cost is $4 per unit. what is the total cost for 20,000 units?
The total cost for 20,000 units is $110,000.
Total Cost = Fixed Cost + Variable Cost * Number of Units
Total Cost = $30,000 + $4 * 20,000
Total Cost = $30,000 + $80,000
Total Cost = $110,000
Fixed cost refers to the expenses that do not vary with changes in the level of production or sales. These costs remain constant regardless of the number of units produced or sold. Examples of fixed costs include rent, salaries of management staff, insurance premiums, property taxes, and depreciation of equipment.
Fixed costs are an essential component of a company's cost structure because they are incurred irrespective of the company's level of output. These costs must be paid regularly, regardless of whether the company is generating revenue or not. Therefore, companies must carefully manage their fixed costs to ensure that they can cover these expenses and still make a profit.
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Please help me answer this!! Thanks!
If a company reported total sales of $59,919, cost of goods sold of $21,112, gross income of $38,807, operating expenses of $18,005 and a gross profit ratio of 65%, what was the company's operating income? (Round to the nearest dollar)
a) -$18,005
b) $20,802
c) $25,225
d) $38,807
Answer:
$20, 802
Explanation:
Operating income is the income after deducting the operating expenses. It is gross profit minus operating expenses.
Operating income is also known as operating income. It is also called earnings before interest and Taxes EBIT because it is operating income less operating expenses, excluding taxes and interest.
Operating income is calculated using the formula.
Gross profit -operating expenses = operating income
i.e,. Total sales- COGS -operating expenses = operating income
operating income =$59,919 - $21,112, -$18,005
Operating income = $20, 802
Have you ever bought something you thought would make you happy, but in the end it didn't?
Answer:
ummmmmmmmmm yea, but it's all cool now hbu
of the following, which would be the most appropriate intended receiver/audience of your message to ask where the package is?
The most appropriate intended receiver/audience to ask about the package would be the sender or the shipping company.
If you are the sender of the package, you can contact the shipping company directly to inquire about the whereabouts of the package. You can provide them with the tracking number or any other relevant details to help them locate the package.
If you are the recipient of the package, you can also reach out to the sender and ask for the tracking information or any updates they may have. They might have received updates from the shipping company that they can share with you.
In both cases, it is important to have the necessary information, such as tracking numbers, order numbers, or any other relevant details, to help the shipping company or the sender identify the specific package in question.
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many companies sell different types of jeans. some consumers prefer to use a specific brand because of its different kind of features like zippers, buttons, fit, and cut. this is an example of
The statement "many companies sell different types of jeans. some consumers prefer to use a specific brand because of its different kind of features like zippers, buttons, fit, and cut" is an example of consumer preference.
Consumer preference is a term that describes the attitudes and choices of consumers in the marketplace. Consumer preference is a vital part of the study of microeconomics because it allows economists to understand the factors that influence buyers' choices.In the statement above, the consumers' preference for a specific brand of jeans is determined by the unique features of the brand.
It means that consumers are willing to pay more for jeans that have particular features that they value. The particular features may be the fit, style, or comfort of the jeans. Companies, on the other hand, aim to understand these preferences and offer products that meet these preferences. By doing so, they can create a competitive advantage in the market.To increase market share and consumer preference, companies conduct extensive market research to identify consumer preferences.
This helps them to develop products that are tailored to the unique needs of their customers. Therefore, consumer preference is a critical factor for companies to consider when they are designing, promoting, and pricing their products. It is an essential aspect of the marketing mix that enables companies to create value for their customers.
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(LO 2) Candice Willis will invest $30,000 today. She needs $150,000 in 21 years. What annual interest rate must she earn?
To find the annual interest rate Candice Willis must earn, we can use the formula for compound interest. Future Value = Present Value * (1 + Interest Rate)^Number of Periods In this case, the Present Value is $30,000.
The Future Value is $150,000, and the Number of Periods is 21 years. We need to solve for the Interest Rate. Rearranging the formula, we get: Interest Rate = (Future Value / Present Value)^(1/Number of Periods) - 1 Plugging in the values, we have: Interest Rate = ($150,000 / $30,000)^(1/21) - 1 Calculating this, we find that Candice must earn an annual interest rate of approximately 9.24% to reach her goal of $150,000 in 21 years.
To find the annual interest rate Candice Willis must earn, we can use the formula for compound interest. Plugging in the given values, we have a Present Value of $30,000, a Future Value of $150,000, and a Number of Periods of 21 years. Rearranging the formula, we find that the Interest Rate is equal to (Future Value / Present Value)^(1/Number of Periods) - 1. Substituting the values, we get an Interest Rate of ($150,000 / $30,000)^(1/21) - 1.
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A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you need to work at the new job before your investment in education has "paid off"?
Answer:
250 hours.
Explanation:
Cost of course : $500
The extra income from the course is $2 per hour
to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.
Number of hours required = $500/2
=250 hours.
What is an appropriate investment objective of a small endowment for a university? a. Maximize short-term spending policy while managing volatility of average asset level b. Maximize long term total return with no consideration of risk c. Neither is truly appropriate
Both options a and b have their merits and drawbacks, and neither is truly appropriate on its own. An appropriate investment objective of a small endowment for a university depends on several factors, including the size of the endowment, the spending policy, and the university's overall financial goals.
Option a, maximizing short-term spending policy while managing volatility of average asset level may be appealing to a university that needs to fund current programs or initiatives. However, this approach can be risky in the long term, especially if the endowment's assets are not generating enough returns to keep up with inflation or other factors that may affect the value of the endowment over time.
Option b, maximizing long-term total return with no consideration of risk, may be more suitable for a university that has a longer investment horizon and is less concerned with short-term spending needs. However, this approach can be risky as well, especially if the university does not have the resources to weather short-term volatility or if the endowment's assets are too concentrated in a single asset class or investment strategy.
Ultimately, an appropriate investment objective for a small endowment for a university should balance both short-term spending needs and long-term investment goals, taking into account the university's overall financial position, risk tolerance, and investment horizon. This may involve a diversified portfolio of assets, a balanced approach to managing risk, and a clear understanding of the university's goals and priorities.
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Barter is a system of exchange. Which Statement does NOT reflect the
barter system?
Answer:
exchanging goods for money
hat is one of the downsides of focusing on fairness in groups and teams? Select one: O a. It causes people to stop focusing on group productivity. O b. It causes people to stop focusing on organizational profitability. O c. It causes people to focus on how they are benefiting themselves from the group, rather than the actual shared purpose of the group. O d. It causes people to focus on how the group is benefiting, rather than on how the organization is performing.
One of the downsides of focusing on fairness in groups and teams is that it causes people to focus on how they are benefiting themselves from the group, rather than the actual shared purpose of the group.
What is fairness?Fairness is a term used to describe the impartial treatment of people. It is an ideal of moral righteousness that is used to refer to a state of being impartial and just. Fairness is the notion that individuals are treated equally without regard to their social standing, ethnicity, gender, or other factors.
In groups and teams, what are the downsides of focusing on fairness?If people concentrate on fairness in groups and teams, it can lead to a variety of negative consequences, including the following:
It causes people to focus on how they are benefiting themselves from the group, rather than the actual shared purpose of the group. This is one of the downsides of focusing on fairness in groups and teams. People can become too obsessed with ensuring that they are getting a fair deal that they neglect the group's objectives. They can become overly concerned with their own needs, overlooking the larger picture. It is not beneficial for the group, and it does not promote teamwork.
It causes people to stop focusing on group productivity. When people concentrate too much on fairness, they can get distracted from the group's goals. They may be more concerned about who is getting what and why, rather than concentrating on producing good results. They might even become preoccupied with pointing out disparities rather than focusing on moving forward.
It causes people to focus on how the group is benefiting, rather than on how the organization is performing. In certain instances, people become preoccupied with group fairness at the detriment of organizational performance. They may be more concerned about how the group is benefiting than how the company is performing. This might have serious repercussions for the organization's overall success.
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Sandra owns a small manufacturing business. At the end of a given accounting period, she hired the services of a tax accountant. How will the
tax accountant help Sandra's business?
A by increasing the business's tax refunds
B by helping decrease the business's Income tax liability
C by helping devise new tax policies for the business
D by helping the business avold all types of taxes
One of the purposes of studying economics is to understand the
Answer:
Individuals, businesses and governments are all faced with making choices in situations where resources are scarce. This is where a knowledge of Economics is vital. Economics applies to most aspects of everyday life. By studying Economics you will examine topics of obvious importance to human well-being.
Explanation:
Answer:
D: principles that influence the production of goods and services.
Explanation:
on edge! hope this helps!!~ (゜▽゜;)