Lacoste is renowned for its cotton knit shirts, recognized for their high quality and the status they confer upon wearers, leading to premium pricing. Consequently, Lacoste enjoys brand protection from competitors and from market price pressures.
The accurate answer is $33,000. The details of the scenario allow us to compute the provided information as follows: If the company purchases the CDs from external sources, only the Fixed Overhead can be avoided while all others remain unchanged. Therefore, the external price can be derived using this formula: Maximum external price = Direct Materials + Direct Labor + Variable Overhead + Fixed Overhead. Plugging in the figures, we find Maximum external price = $11,000 + $15,000 + $3,000 + $4,000 = $33,000.
Answer:
A multinational corporation.
Explanation:
A multinational corporation refers to an organization that operates in multiple nations, managing productive tasks spread across more than one country.
Typically, such a corporation has branches in various countries and generates substantial revenue from outside its home base by supplying products and services tailored to specific customer needs using innovative technologies.
Although a multinational corporation maintains a central operational hub, it often localizes its products, as each foreign market demands unique offerings.
Examples of multinational corporations include firms like Amazon, BNP Paribas, Alcatel-Lucent, Apple, Chevron, Casio, Disney, etc.
