Foreign business would find it differently difficult to break into the local market of a particular environment. One of the ways they can break into such market is by exploitation. They have to exploit the market by carrying out extraordinary deeds in what their products offer or how they intend selling their product to the local market they are approaching. They need to be creative with their plan and seek ways to capture the fancy of these market.
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Occupation or exploitation
The root of insurgency that discusses how foreign businesses can dominate critical portions is referred to as occupation or exploitation.
Foreign business should exploit the local market and take advantage of economies of scale in order to break into such market. One way to exploit I by studying the local market very well and understanding what it entails and what it needs ti further develop which they can use to their advantage.
Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)
Business, 21.06.2019 23:10
Which of the following is a major consideration when analyzing a special order? a. the company must have a good stock turnover ratio. b. the sunk costs of the decision must not exceed the irrelevant costs. c. the profit margin of the special sale must be higher than the regular sales. d. the price must be high enough to cover any incremental costs to fill the order.
Business, 22.06.2019 10:20
The trial balance of wildhorse co. at the end of its fiscal year, august 31, 2017, includes these accounts: beginning inventory $23,090; purchases $220,970; sales revenue $189,200; freight-in $9,140; sales returns and allowances $4,630; freight-out $1,230; and purchase returns and allowances $7,820. the ending inventory is $21,600. prepare a cost of goods sold section (periodic system) for the year ending august 31, 2017.
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Business, 22.06.2019 10:30
Examine the nature and purpose of financial reporting, economic concepts of income, and earnings management. are accountants ethically obligated to report financial information accurately? does reporting using the generally accepted accounting principles imply accuracy? be sure to respond to at least two of your colleagues" posts.