The parochial attitude of many Americans when conducting business overseas is mainly influenced by English as the language of business, the huge domestic market and the relative geographic isolation.
As an organization or entrepreneurial entity engaged in commercial, industrial, or professional activity, a business is, by definition, such. Businesses can be either for-profit corporations or nonprofit institutions. In addition to sole proprietorships, corporations, and partnerships, limited liability firms are another kind of business.
Your initial steps toward success should be to learn the fundamentals of business. However, you must first start with the fundamental business skills necessary. Researching your consumers and knowing their wants and expectations will help you to develop a viable firm.
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34) the amount that individuals would have been willing to: group of answer choices a) pay minus the amount that they actually paid, is called consumer surplus b) pay plus the amount that they actually paid, is called consumer surplus c) pay minus the amount that they actually paid, is called deadweight loss d) b and c
People might have been prepared to pay in terms of: group of possible responses. Pay less what they really paid, which is referred to as consumer surplus.
What is the formula for consumer surplus?The following is the simplest technique for figuring out the consumer surplus: Maximum Price - Market Price equals Consumer Surplus. The enlarged version of the equation is as follows from there: Quantity at Equilibrium = (1/2) Consumer Excess (max - equilibrium)
What is an excess of consumers versus producers?The difference between the amount a consumer is prepared to pay and what they actually spent for a product is referred to as the consumer surplus. The difference between both the market rate and the best cost a manufacturer will accept to create a good is known as the producer surplus.
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By placement in the composition of american progress, farmers are visually and thematically related to?
which part of Yukinori's installation is closely connected to the origin of Japanese nationalism.
What drives student placement?enhances your abilities in a variety of areas, such as time management, email and business communications, project work, and teamwork. gives you practice doing job applications and interviews, as well as the chance to land a job before going back to finish your final studies.
Why is placement crucial?With the help of a professional placement, you can test out a position or industry to see if it's suited for you. You will get a taste of what a regular workday is like and learn about the chances for career advancement. Setting your professional aspirations involves taking a key step, which is a work placement.
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The statement of cash flows is designed to fulfill all the following purposes EXCEPT to:
A) show the relationship of net income to changes in the company's cash.
B) assess the collectability of accounts receivable.
C) evaluate management decisions.
D) help predict future cash flows.
The statement of cash flows is designed to fulfill all the following purposes except to assess the collectability of accounts receivable. The Option B is correct.
What is the statement of cash flows?In financial account, statement of cash flows is a financial statements issued by a business which describes the cash flows into and out of the organization. The statement focus is on types of activities that create and use cash which are operations, investments, and financing. Smaller organization may be unable to release a statement of cash flows for internal use, preferring to only issue an income statement and balance sheet.
The purpose of cash flow statement is to provide detailed picture of what happened to a business's cash during a specified period known as the accounting period. The statement also demonstrates an organization's ability to operate in the short and long term based on how much cash is flowing into and out of the business.
In this context, the statement of cash flows are designed to show the relationship of net income to changes in the company's cash, evaluate management decisions and help predict future cash flows.
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________ focuses on problem solving and performance improvement, or speed with excellence, of a well-defined project.
Lean Six Sigma focuses on problem-solving and performance improvement, or speed with excellence, of a well-defined project.
problem fixing strategies are required in fixing the problems that we face ordinary. To clear up a selected problem, we have to apprehend the problem, devise a plan in order to be utilized in wearing out the hassle after which put into effect the answer.
problem-solving techniques discuss with the techniques that are utilized by an character in the fixing of problems. A man or woman may be faced with demanding situations at their administrative center or at domestic. to be able to solve such problems, it's essential to have a hassle-solving method in area.
firstly, one wishes to beneath the hassle. Then, one has to discover capacity answers to the trouble and the excellent answer out of the options could be selected. the chosen answer might then be carried out.
problem-solving strategies also are required in arithmetic. so one can clear up a selected arithmetic query, one desires to recognize the trouble first and find the answer to the trouble.
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a dispute resolution mechanism negotiated into most collective bargaining agreements is a (an): a. mediation service b. shared decision-making c. critical incidents method d. grievance mechanism qyizlet
D. grievance mechanism is a dispute resolution mechanism negotiated into most collective bargaining agreements
The process of resolving conflicts between parties is known as dispute resolution or dispute settlement. Conflict resolution and dispute resolution are sometimes used interchangeably. The use of dispute mechanisms to provide channels of dialogue between corporations and communities is becoming more and more effective.
A dispute mechanism is a formalized procedure for resolving disagreements or grievances between two or more parties involved in societal, commercial, or legal connections. In order to resolve disputes, dispute processes are used. These methods include negotiation, mediation, conflict resolution, and conciliation.
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what is price competition? sellers compete with each other by charging as high a price as possible. sellers differentiate products so they can charge a higher price. sellers force competitors to lower their prices until the competitors have losses. sellers try to win customers through charging as low a price as possible
Competition in determining the price of merchandise carried out by traders as an effort to seize the market and beat their trading competitors. This price competition is very likely to occur in a market.
Business competition or business is the efforts of two parties/more companies, each of which is active in obtaining orders by offering the most favorable prices/conditions. Competition is when organizations or individuals compete to achieve desired goals such as consumers, market share, survey rankings, or required resources.
Business competition is carried out to win the hearts of consumers. Business actors try to offer attractive products and services, both in terms of price, quality and service. The combination of these three factors to win the competition to win the hearts of consumers can be obtained through innovation, application of the right technology, and managerial ability to direct company resources in winning the competition.
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true or false: the aicpa audit health care guide provides optional recommendations for all types of health care organizations.
Health care is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people.
What are the three major types of health organizations?Healthcare organizations have three basic ownership forms: public, private non-profit, and for-profit. Public institutions provide health services to individuals under the support and/or direction of local, state, or federal government.Collect Data and Analyze Patient Outcomes. If you can't measure it, then you can't manage it. Set Goals and Commit to Ongoing Evaluation. Improve Access to Care. Focus on Patient Engagement. Connect and Collaborate With Other Organizations.Recommendation scenarios in the healthcare domain. HRS offer users various types of recommendations that help to improve their well-being. These systems also assist healthcare professionals in making more precise patient-oriented decisions.Interventions to increase access to health care services — like lowering costs, improving insurance coverage, and increasing use of telehealth — can help more people get the care they need.
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what are the three components of a firm's organizational structure? multiple select question. how an organization segments, targets and positions the formal division of the organization into subunits the accounting and financial systems that a company uses location of decision-making responsibilities within the organization the establishment of integrating mechanisms to coordinate the activity in the subunits
Three elements make up structure: centralization, formalisation, and complexity. Talk about each of these elements. The degree of differentiation among organisational functions is referred to as complexity.
In what ways are you complex?
the quality of having many components and being challenging to comprehend or solve: a problem of enormous complexity. Complexities [plural] are characteristics of anything that make it challenging to comprehend or resolve: This problem is complicated in many different ways.
What is the importance of formalization?
Formalization leads to system stability, simplifies coordination and control. Employees know exactly what to do and how to do it. From a management perspective, it is certainly easier to manage a highly formalized system than an organization without any official rules.
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Question you are considering investing in two different instruments. The first instrument will pay nothing for three years, but then it will pay $20,000 per year for four years. The second instrument will pay $20,000 for three years and $30,000 in the fourth year. All payments are made at year-end. If your required rate of return on these investments is 8 percent annually, what should you be willing to pay for: the first instrument? the second instrument (use the formula for a four-year annuity)?
(1) The price I'm willing to pay for the first instrument is $52,585, and the price for the second is $73593.
(2) If both are available, the second instrument is preferred.
First Second
Instrument Instrument
Year Cashflows DF(8%) DCF Cashflows DF(8%) DCF
1 0 0.9259 - 20000 0.9259 18,519
2 0 0.8573 - 20000 0.8573 17,147
3 0 0.7938 - 20000 0.7938 15,877
4 20000 0.7350 14,701 30000 0.7350 22,051
5 20000 0.6806 13,612 0 0.6806 -
6 20000 0.6302 12,603 0 0.6302 -
7 20000 0.5835 11,670 0 0.5835 -
Value 52,585 73,593
Based on the foregoing calculations, we can say that
(1) The first instrument's price that I'm willing to pay is $52,585, and the second instrument's price is $73593.
(2) The second instrument is preferred if both are offered in the market at the same price because it has a higher value than the first.
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Joshua earned $60 for working h hours. Which expression represents how much he earned in 1 hour?.
Joshua earned $60 for the hours he worked. The expression 60/h describes what he earned in one hour.
What time is considered working hours?An 8-hour shift is a global standard that requires full-time employees to work 5 days a week every day, and according to the same standard results in a total work week of 40 hours.
The traditional American office hours are 9:00 a.m. to 5:00 p.m., Monday through Friday. This equates to eight hours five times a day for a total of 40 hours a week.
Is lunch included in working hours?When you don't have to work, you should skip your lunch break. You should also skip the lunch break you want to do. Work hours do not include breaks, so do not count breaks during or between shifts.
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well-educated americans do not experience wage drops because of undocumented immigrants. t or f
Answer:
T
Explanation:
our business teacher told us that it happens.
Hope it was correct :>
unlike the case of perfect competition, consumers in monopolistically competitive markets pay relatively higher prices, however, purchase products that are more closely suited to their tastes. true
The statement that in monopolistically competitive markets, consumers pay relatively higher prices for products that are more suited to their tastes is True.
What is a monopolistically competitive market ?In a monopolistically competitive market, we find that the sellers might be many, but they don't sell products that are exactly the same. They will instead sell differentiated products which are more closely suited to the needs and tastes of the consumers buying them.
As a result of this differentiation, we find that consumers will have to pay relatively higher prices than a perfect competition where all the products are the same.
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Options for this question are :
True FalseAnswer: The answer is True
Explanation:
customers who tend to postpone all decisions, and who want the salesperson to make the decision for them, are characterized as:
Customers who tend to postpone all decisions, and who want the salesperson to make the decision for them, are characterized as indecisive.
Why are customers indecisive?A problematic personality feature known as indecisiveness is characterized by a broad inability to make decisions. When faced with several options, customers may become hesitant to make decisions. When faced with several options, customers may become hesitant to make decisions.
However, they eliminate a potential cause of uncertainty if the advisor initially only offers them one option. However, indecisive customers are those who frequently hesitate and put off making purchases even though they are interested in a good or service.
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write a short paper (at least 3 paragraphs in length, double-spaced) explaining roi and payback, and discussing the three areas typically addressed in a contract for the purchase of a technology system. write a paragraph elaborating each area.
ROI (return on investment) is a commonly used metric to assess how well investments in IT systems have performed.
It is frequently used to support IT projects, but it may also be used to assess project team effectiveness, monitor project returns at any stage, and consider other important aspects.
Which IT projects to embark on can be determined by comparing the ROI of various projects and bids. ROI demonstrates to corporate executives, shareholders, and other stakeholders the business's benefit from a given project investment.
If the ROI of a project is larger, the better, the project is more likely to move forward. A 200% ROI over 4 years, for instance, denotes a return of twice the project expenditure over that time frame.
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a small business notices they have been using about 40% more printer paper in the last 30 days compared to the previous 12 months. they ask you to investigate the matter. what/where will you check?
In this small business, you have to check the event viewer.
Business:
Business refers the practice of making one's living or making money by producing or buying and selling products
Given,
Here we have a small business notices they have been using about 40% more printer paper in the last 30 days compared to the previous 12 months. they ask you to investigate the matter.
Here we need to find in which place we have to check.
While we looking into the given situation, we have identified that the paper usage in the last 30 days is increased comparatively higher than the last 12 months.
So, in order to analysis these usage you should check the event viewer to review in which purpose should used more paper.
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if a company wanted to import materials duty-free, for use in the production of their end items, and then export them to other countries, they would most likely utilize?
If a company wanted to import materials duty-free, for use in the production of their end items, and then export them to other countries, they would most likely utilize foreign trade zone. Hence, option D is correct.
When activated, Foreign-Trade Zones (FTZs), which are controlled by U.S. Customs and Border Protection (CBP), are typically seen as being beyond CBP territory. They are the American equivalent of what are referred to as free-trade zones overseas, and are situated in or close to CBP ports of entry.
A physical, guarded enclave within the US known as a Foreign Trade Zone, or FTZ, is frequently situated in or close to a Port of Entry. Since an FTZ is not regarded to be part of US customs territory, goods stored there are not charged customs fees while they are there.
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the amount of goods and services you can buy with a dollar in the global market ______.
The amount of goods and services you can buy with a dollar in the global market increases with a rising dollar value.
What occurs when the Fed raises the money supply?When an economy's money supply expands more quickly than its capacity to generate goods and services, inflation results. A rise in the money supply has two effects: it lowers interest rates, which encourage investment, and it puts more money in the hands of consumers, which makes them feel wealthier and encourages consumption.
Inflation is a possibility when the Federal Reserve expands the money supply. Prices will almost always go up, the cost of commodities will fluctuate, and inflation is almost certain. Short-term interest rates are lowered by an increase in the money supply. This reduced cost of borrowing money encourages investment spending and moves the AD curve to the right.
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Answer:
increasing with a rising doller value
Explanation:
Monopolistically competitive firms are likely to have ______________ prices in the long run than will occur in a perfectly competitive industry producing similar goods.a. higherb. smallerc. the same asd. one cannot tell
Out of the choices provided above, it can be said that monopolistically competitive firms are likely to have higher prices in the long run than will occur in a perfectly competitive industry producing similar goods. Therefore, the option A holds true.
A monopolistic competition can be referred to or considered as a form of market structure wherein only a single seller holds a dominating position in the market with respect to the supply of a particular good or service. The other firms in such market do not have a dominating or a significant share in the market, and thus, there is a perfect competition being formed in the long run, wherein the prices of the goods are usually higher.
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mckenzie company can sell 20,000 pounds of product for $10 per pound. the company can also process this product further and sell it for $17 per pound at a cost of $110,000. should mckenzie sell product now or process it further and then sell it? what is the effect of the action?
Mckenzie should Process further, the company will be better off by $30,000.
The price before processing the product = 20000 x 10
= $200000
The price after processing the product = 20000 x 17
= $340000
The difference between them = 340000 - 200000
= $140000
Cost of processing = $110000
Therefore, the company will be better off by 140000 - 110000 = $30000
The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price.
Profit describes the financial benefit realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question.
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For most corporations, physical-distribution activities are usually the responsibility of the marketing department.
a. True
b. False
" For most corporations, physical-distribution activities are usually the responsibility of the marketing department." This statement is True.
marketing is the pastime, set of establishments, and strategies for developing, communicating, turning in, and changing offerings which have fee for clients, clients, partners, and society at large. The 4 ps are a “advertising mix” made from four key factors—product, rate, region, and advertising—used while marketing a product or service. generally, agencies don't forget the four playstations when growing advertising plans and strategies to effectively market to their target audience. The importance of advertising on your business is that it makes the customers aware about your products or services, engages them, and facilitates them make the shopping for choice. moreover, an advertising and marketing plan, part of your marketing strategy allows in creating and keeping call for, relevance, reputation, opposition, etc.
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ruby company is considering a project with an initial investment of $300,000 that will yield annual net cash flows of $90,576 and will be depreciated at $75,000 per year over its 4-year life. what is the approximate internal rate of return? (note: round the discount factor to five decimal places.)
IRR is the rate at which the present value of cash outflow equals the present value of cash inflows is 8%.
Present value of cash outflows = $300,000
Present value of cash inflows = $90,580 * present value of annuity factor
at IRR
$300,000 = 90,580 * present value of annuity factor
=> present value of annuity factor = 300,000 / 90,580
=>3.312.
from the table of annuity
we can see that for 4 periods, the factor 3.312 falls under 8%.
so the IRR for the given problem is 8%.
Deprecation is the discouragement of the usage of a few terminology, feature, design, or exercise, usually as it has been superseded or is not taken into consideration efficient or secure, without absolutely removing it or prohibiting its use. normally, deprecated materials aren't completely removed to ensure legacy compatibility or backup exercise in case new methods aren't functional in an abnormal situation.
The motion of not approving of something or pronouncing which you no longer approve of something: She couldn't hide the deprecation in her voice. The barman shook his head in deprecation. In present-day technical utilization, for one to the nation that a function is deprecated is simply advice in opposition to its usage of it. it is still feasible to provide a program or product without heeding the deprecation.
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A firm is operating in the United States with only two other competitors in the industry.
a. It is likely this industry would be characterized as:
b. Firms in this industry will likely earn:
c. If foreign firms begin supplying the product, increasing the number of competitors, it is likely that
This sector of the economy is perhaps best described as an oligopoly. Businesses in this sector will probably make money. Economic earnings will probably decrease if foreign companies start supplying product.
Describe oligopoly using an example?Oligopoly is a type of imperfect competition that is typically characterised as competition among a small number of parties. Therefore, oligopoly exists when there are two to ten vendors selling similar or distinct goods in a market. The market for cold drinks is a prime illustration of an oligopoly.
How are economic profits determined?Revenue less explicit costs minus opportunity cost equals economic profit (or loss). All costs that are normally accounted for, such as labour costs, material costs, marketing expenses, depreciation, and taxes, are considered explicit costs.
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The success of an advertising program depends on how well the advertiser can identify its audience.
a. True
b. False
It is true to say that the success of an advertising program depends on how well the advertiser can identify its audience. Option A is correct.
What is successful advertising?Advertising aims to promote a company's product or service in the market, attracting and retaining potential consumers.
For this, it is necessary that the advertising communicates in an aligned way the characteristics of the product to the values and desires of the target public, generating the desire and the persuasion for the purchase to be carried out.
Therefore, the purpose of advertising is to increase brand value and positively influence the consumer's perception of the product or service, creating value, engagement and strengthening the relationship, inducing the customer to consume.
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True or false? trade secrets have an unlimited duration, i.e. do not expire after a fixed period of time.
The statement, "Trade secrets have an unlimited duration, i.e. do not expire after a fixed period of time." is true.
Trade secret protection remains in place indefinitely. Trade secrets are not need to be registered and can last as long as they are kept private. Trade secrets are a type of intellectual property that includes formulas, procedures, methods, designs, tools, patterns, or information compilations that have inherent economic value because they are not widely known or easily discoverable by others and that the owner takes reasonable precautions to keep secret.
A corporation may use a trade secret to maintain a competitive edge as long as the company maintains the trade secret' confidentially since a trade secret has no expiration date. A trade secret is any corporate policy or practice that is normally kept a secret from anyone outside the company.
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Is McDonalds an MNC or TNC?
The American fast food chain McDonald's, which has 34,000 locations across 119 countries, is a significant TNC.
Headquarters for multinational firms are typically located in those nations. Then, in order to expand their business, they establish various branches in other nations. They are often established in developing nations for a number of reasons, including access to cheap labour, the availability of raw materials for industrial needs, and influence over the governments of those nations.
In a multinational corporation, decisions are made in the home country and should be implemented internationally in all of the subsidiaries. While in a TNC transnational, decisions are made by specific multinational firms.
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in what ways is the transnational structure different from the traditional organizational structures? how will it work for mncs facing global pressures?
The international business strategy makes sure that whatever is being marketed is in keeping with the regional language and culture.
A multinational organizational structure: what is it?You can often organize your company along a number of dimensions with a transnational organizational structure, including geographic, product, and functional levels. In other words, you succeed in integrating yourself into numerous product categories, geographic regions, or job roles.As opposed to the global strategy, which simply considers marketing their products to more foreign nations, these businesses are always conscious of the local language, customs, and culture. The international business strategy makes sure that whatever is being marketed is in keeping with the regional language and culture.To learn more about International business strategy refer to:
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the creation of a relationship for the future based on trust, understanding, and mutual respect is the basis of: a. the federal mediation and conciliation service b. traditional bargaining c. interest-based bargaining d. good faith bargaining
The creation of a relationship for the future based on trust, understanding, and mutual respect is the basis of interest-based bargaining.
Interest based, or common increases bargaining at its establishment is based on the rule that an arranged settlement of any issue is generally better than different choices accessible. As a matter of fact, to decide if or this way to deal with 'bargaining' can be of any benefit to you, you initially should find whether different choices will give you an improved arrangement. Assuming they will, the standards of interest based bargaining are presumably irrelevant to your circumstance.
"good faith" - It basically implies each party should exhibit a genuine and legit expectation to agree and to be sensible in their bargaining positions, strategies, and exercises.
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In order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
Group of answer choices
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
Option b help identifies new customer requirements is the correct choice.
For the managers, if they look to estimate the effectiveness of their supply chain, then they must look at the need of the customers and how well these needs are addressed.
Option a is not correct as effectiveness needs the identification of the customer's need.
Option b is correct as by knowing the needs of the customers, managers can know how well the firm is satisfying the customer's needs.
Option c is not the correct option as there are various methods to determine the performance of the firm.
Option D is not correct as only product pricing cannot be the sole factor result in better performance of the firm
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question content area cost behavior refers to the manner in which a cost a.is estimated b.is used in setting sellin
The correct response is D. a cost changes as the related activity changes. Cost behaviour describes how a cost changes as an associated activity changes.
Children may find it challenging to switch activities. These circumstances can give rise to challenging behaviour. The best behaviour control technique for transitions is routine. Other methods for controlling behaviour include timing, making decisions, and being composed. When kids anticipate change, they are more likely to accept it. Therefore, one of the greatest methods to deal with activity variations that occur every day is to establish a predictable family routine. Every child's day includes varying levels of activity. Your youngster may transition from one item to another more easily if the timing is appropriate. The actual tasks that students must finish in order to finish the course and meet the learning objectives are known as learning activities. They may be necessary or optional for passing the course.
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Cost behavior refers to the manner in which
A. a cost is allocated to products
B. a cost is used in setting selling prices
C. a cost is estimated
D. a cost changes as the related activity changes
how did changes in navigation and multiple-masted cargo ships impact trade? a. merchants gave up using overland trade routes such as the silk road. b. political authorities did not profit as much from maritime trade as they had from caravan trade. c. inland oases remained vital as transshipment points for goods to the coasts. d. most shipping firms were government owned.
Political authorities did not profit as much from maritime trade as they had from the caravan trade. did changes in navigation and multiple-masted cargo ships impact trade.
What is trade?The act of exchanging goods or services between people, companies, or countries is referred to as a trade. In every aspect of foreign trade, the negotiations for a new trade agreement fell squarely under the purview of the ministry.
Due to the lower cost of shipping big volumes via sea routes, as well as the fact that they may cover greater distances than land routes, sea routes are preferred by traders overland routes for trade.
The coastal traders organized caravans to travel to the interior in search of products and return to the coast with those things. 10. Bartering, or the exchange of goods for goods, served as the method of transaction in this trade.
Therefore, Thus option (B) is correct.
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