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Delvig
18 days ago
15

Because of the high volume of bicycles as a common form of transportation in Beijing and Shanghai, Carl wants to sell his bicycl

e horns in these foreign markets. Currently, the U.S. dollar is trading at a higher rate than the Chinese yuan. Economically speaking, how are Carl's prospects?
Business
1 answer:
Scilla [3.2K]18 days ago
8 0

Answer:

Economically speaking, Carl's business outlook is subject to variations in the currency values of the US and China.

Explanation:

  • The agreement that Carl plans to propose is sensitive to the fluctuation that occurs if the Chinese Yuan depreciates against the US dollar after he begins selling the bicycle horns, which could result in financial losses for him.
  • Thus, whether Carl will gain a profit or suffer a loss hinges entirely on the exchange rates of the two currencies.
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In 2009, the great recession finally took its toll on the Alamo Title company in San Antonio, Texas. The housing business was in
stepan [3001]

Answer:

Theory X management style

 

Explanation:

Theory X management revolves around the assumptions about the typical laborer. This management theory posits that the average employee is unmotivated, irresponsible, and driven solely for specific rewards. Overall, managers adopting the Theory X approach believe their employees are less intelligent, inferior, and work primarily for secure paychecks.

In this management approach, supervisors maintain tight control over their workers; therefore, this style is appropriate when a company is experiencing significant challenges, where additional issues may result in catastrophic failure.

5 0
23 days ago
1. Think about the phrase "a financially secure retirement." In two to three sentences, describe what a financially secure retir
Scilla [3249]

Answer: Achieving peace of mind

Explanation:

A secure retirement plan focused on financial stability includes:

Automating savings.

Managing impulsive spending.

Assessing spending habits and living frugally.

Investing towards future goals.

7 0
1 month ago
On April 24 of the current year, The Memphis Pecan Company experienced a tornado that destroyed the company's entire inventory.
stepan [3001]
The total value of the inventory lost in the tornado is $105,700. Explanation: The relationship is captured in this equation: Beginning inventory + inventory purchases + Gross profit = Sales + ending inventory. Plugging in the figures, $228,350 + $199,400 + $322,050 = $644,100 + ending inventory resolves to $749,800 = $644,100 + ending inventory. Thus, determining that the ending inventory amounts to $749,800 - $644,100 results in $105,700. The gross profit is calculated as Gross profit percentage multiplied by sales: 50% multiplied by $644,100 yields $322,050. Since the inventory was destroyed in the tornado, we assume the ending inventory lost corresponds to $105,700.
4 0
8 days ago
Rather than acquire an existing textile manufacturer in Jakarta, FauxFabric Inc. chose to establish new operations in Indonesia.
soldi70 [3139]

Answer: (A) Greenfield investment

Explanation:

 A greenfield investment is a form of Foreign Direct Investment (FDI) aimed at constructing various new production facilities within a business.

The primary aim of the greenfield investment method is to provide investors with control while creating diverse opportunities for managing market partnerships.

Based on the provided question, the greenfield investment method is instrumental in establishing new operations in Indonesia, thus representing a type of foreign direct investment.

Therefore, Option (A) is the correct selection.

7 0
21 day ago
A small business has determined that the machinery they currently use will wear out in 16 years. To replace the new machine when
marusya05 [3091]

Answer:

Today's present value deposit = 216,886 (Approx)

Explanation:

Given:

Duration (n) = 16 years x 4 quarters = 64

Interest rate (r) = 1.6% = 0.016 / 4 = 0.004

Future value = $280,000

Present value =?

Calculation for today's necessary deposit:

Present\ value = \frac{Future\ value}{(1+r)^n}\\\\Present\ value = \frac{280,000}{(1+0.004)^{64}}\\\\Present\ value = \frac{280,000}{1.291}\\\\Present\ value = 216,886.135

Present value deposit today = 216,886 (Approx)

8 0
10 days ago
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