Governments in NIC (newly industrialized countries) have tried to lure TNC to their countries. One way they have done this is by keeping the land prices artificially low; this is so the TNC can build factories and other building for less money. They also have a relaxed attitude to environmental laws so the TNCs do not have to pay out for expensive treatments for their waste so it complies with strict laws like the ones they have in the US, UK and Japan. Another thing that attracts TNCs to NICs is the cheap labour cost, weak unions and lack of minimum wage. This means that the TNC can pay workers less, not worry about providing good working conditions.
Bonds are not better than GIC(s). Bonds offer lower interest rate, so low that it is better to just invest our money in a TD Savings Account. Mostly investors do not even consider Bonds as there more much better investment opportunities. GIC(s) offer more interest rates, more options and so there is more demand for GIC(s). 7) What is the most popular age group for buying GICs?
The nature of their business model enabled them to enter the fairly new online market and compete based on lower prices. Because of their low prices,
Though Lawsons may not believe it is enough money and go elsewhere, this decision benefits the bank in both regards, as it would not lose money if Lawsons accepts or declines the loan. In regards to Lawsons, this partial increase would be easier for them to pay back and would not leave them or FWL in further debt. Lawsons is essentially a franchise for FWL, and therefore they would have to approve the loan to begin with, but once that is done, everyone can continue work as usual and work at enhancing Lawsons as a business. This decision would benefit Jackie as it is her first official action as a loan officer, and she does not want her superiors to doubt her abilities. Lawsons has potential, but is lacking in strong managerial skills, so granting a partial loan is the more fiscally responsible action for both
In the short run, Kudler was able to maximize its profits and minimized losses. They were making profits because they were producing quantity where marginal revenue was equal to marginal cost and charged prices based on their demand curve. The demand for their goods was very high at first because they had little competition. Another positive effect of a monopolistic competition is that it promotes product variety and improvement. When Kudler makes business improvements, it causes their competitors to either imitate them or get out of the business.
d. Business entities will need far less assistance from accountants because the financial reporting process will be quite easy to apply. 26. In the conceptual framework for financial reporting, what provides "the why"--the goals and purposes of accounting? a. Measurement and recognition concepts such as assumptions, principles, and constraints b. Qualitative characteristics of accounting information c. Elements of financial statements d. Objectives of financial reporting 27.
d. Business entities will need far less assistance from accountants because the financial reporting process will be quite easy to apply. 26. In the conceptual framework for financial reporting, what provides "the why"--the goals and purposes of accounting? a. Measurement and recognition concepts such as assumptions, principles, and constraints b. Qualitative characteristics of accounting information c. Elements of financial statements d. Objectives of financial reporting 27.
It is important to remember that a loyal customer can be just as valuable than new one. This is because you do not have to spend as much time and money marketing to them because they already know what you offer them. And it goes beyond just having customers that are satisfied, you need to have customers that are loyal. Loyal customers tend to buy more and more importantly they talk more which means a whole load of free word of mouth advertising for your business or company. Therefore building a highly loyal customer base should be the foundation of your basic business strategy.
Since the first manufacturer can produce the treated lumber without any additional input, they have absolute advantage over the other manufacturer and can be a price setter within the domestic market. The other manufacturer is limited by the amount of lumber it can purchase but has a better treatment facility so it cost less for them to treat their lumber. In this sense the second manufacturer has comparative advantage in producing treated lumber but their resources are limited by how much is harvested within the domestic market and thus they are price takers. However, suppose America opened trade relations with South America, a country with relatively low population density with desperate need for medical supplies and computer technology but covered with deep thick jungles. This new source of lumber is cheaper to harvest due to the massive quantities that allow the second manufacturer to stop buying the limited amount of lumber within its domestic market.
The case against Tipping Pros and cons Is easier to get a great service | Can go over budget with it Good tips are appreciated | Places that accept tips usually don’t pay much Always good service when coming back | Bad day might be no tips Money in hands before payday | Can’t depend on tips for income Tips on hand are tax free | At the end of the year might end up paying taxes for earned tips Yes/But: Yes, but tipping is a way of appreciation for a good or excellent service received from the person who waited on you at the place visited. Allot of times when we give a good tip after receiving a great service they will remember you, and next time they will make sure they do their best