Lexon Corp. produces high-nutrition breakfast products. As it enters into foreign markets, it faces strong pressures for both reducing costs and adapting products for local markets. Based on this, the company should use a

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Answer 1

Since the company faces strong pressures for both reducing costs and adapting products for local markets, it should use a transnational strategy.

A transnational strategy simply refers to a business structure where the global business activities of a company are coordinated through cooperation and interdependence between the head office and local subsidiaries.

Since Lexon Corp faces strong pressures for both reducing costs and adapting products for local markets, it should use a transnational strategy.

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Related Questions

how much does the dow have to drop to suspend trading

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Answer:

Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day. The circuit breakers are calculated daily

Hilton Corp. has revenues of $1,214,800, costs of $816,355, and pays a tax rate of 32 percent. If the firm pays out 50 percent of its earnings as dividends every year, what is the amount of retained earnings

Answers

Answer:

its $133,471.30

Explanation:

A natural monopoly exists when.

Answers

A natural monopoly exists when a single firm has economies of scale over the entire range of production that is relevant to its market.

They come into existence when industries are in need of some unique products or technology hence runs best when one firm produces all the output.

Also, a natural monopoly is the one that has only one company or service provider in an industry or geographic location.

Example is of a natural monopolist is electricity provider.

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The Khaki Corporation has the following budgeted sales data:

January February March April
Cash Sales $70,000 $90,000 $80,000 $70,000
Credit Sales $400,000 $350,000 $300,000 $320,000

The regular pattern of collection of credit sales is 40% in the month of sale, 50% in the month following sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted cash receipts for April would be:T____________

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The Khaki Corporation's budgeted cash receipts for April is $383,000.

Data andCalculations:

                                  January      February         March            April

Cash Sales              $70,000       $90,000     $80,000       $70,000

Credit Sales         $400,000     $350,000   $300,000     $320,000

Cash collections:

40% sales month $160,000      $140,000    $120,000      $128,000

50% 1st month                          $200,000     $175,000      $150,000

10% 2nd month                                                $40,000       $35,000

Total collections from credit sales for April                     $313,000

Cash Sales            $70,000      $90,000       $80,000       $70,000

Total budgeted cash receipts for April =                         $383,000

Thus, the budgeted cash receipts for the month of April would be $383,000.

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When additional stock is issued to finance implementation of strategy, the existing stockholders' ownership and control of the enterprise are strengthened.

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There different ways to handle stocks. When additional stock is issued to finance implementation of strategy, the existing stockholders' ownership and control of the enterprise are strengthened. is a true statement.

Stock is often described as the ownership of the stockholders in a specific company. An individual or a company can holds shares. They are called shareholders of the company and holds voting rights in important matters.

The ownership of the stockholders will rise when the stock is issued as a part of the business strategy.

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The simple interest on $400 at 5% per annum for 2 years is.:

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The simple interest amount that $400 principal will earn in 2 years at the rate of 5% is $40.

Data and Calculations:

Principal amount = $400

Simple Interest rate = 5% p.a.

Time = 2 years

Simple interest amount = $40 ($400 x 5% x 2)

The simple interest does not enjoy the power of compounding that increases savings.

Thus, the simple interest that the principal will earn in 2 years at the rate of 5% is $40.

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The _____ established a minimum wage and overtime pay for employees working more than 40 hours a week.

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According to the historical and information record, the Fair Labor Standards Act of 1938 established a minimum wage and overtime pay for employees working more than 40 hours a week.

Fair Labor Standards Act of 1938 was made to improve the working conditions of employees and also protect their rights against exploring employers.

The Fair Labor Standards Act of 1938 established standards on minimum wage, working hours, and oppressive child labor.

Hence, in this case, it is concluded that the correct answer is the "Fair Labor Standards Act of 1938."

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a fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a __________ plan.

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There are different types of benefit plan. A fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a cafeteria-style plan.

Fringe Benefits  is simply regarded as Benefits such as sick-leave pay, vacation pay, pension plans etc., that stands for an additional compensation given too an employees that is far above base wages.

A cafeteria-style plan is a plan that gives employees coverage of expenses in cases like prescription medicine through the withholding of a part of their pre-tax salary.

Employers do gain through the use of these plans as they will not pay FICA on cafeteria-style benefits plans.

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Shenzhen Co. Uses the percentage-of-receivables basis to record bad debt expense. It estimates that 1% of accounts receivable will become uncollectible. Accounts receivable are ÂŁ420,000 at the end of the year, and the allowance for doubtful accounts has a credit balance of ÂŁ1,500. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of ÂŁ740 instead of a credit balance of ÂŁ1,500, determine the amount to be reported for bad debt expense.

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Based on the information given the appropriate journal entry to record bad debt expense for the year is:

a. Shenzhen Co. Journal entry

Debit Bad Debt Expense                         $2,700

Credit Allowance for Doubtful Accounts $2,700

[(1%×$420,000)-$1,500]

(To record bad debt expense)

b. Bad debt expense

Bad debt expense=[(1%×$420,000)+$740]

Bad debt expense=$4,200+$740

Bad debt expense=$4,940

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Which of the following best describes the law of demand?.

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Answer:

theres no options

Explanation:

How to calculate percent yield.

Answers

Answer:

experimental yield divided by theoretical yield multiplied by 100

Explanation:

Question 2 of 10
Which of the following are possible negative consequences of filing for
bankruptcy?
O A. Loss of employment
OB. Reduced and consolidated debt
O C. Increased credit score and reduction of debt
O D. Loss of property and lowered credit score

Answers

Answer:

D

Explanation:

The possible negative consequences of filing for bankruptcy is loss of property and lowered credit score. Option D is an appropriate response.

What is bankruptcy?

Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor. An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments.

Bankruptcies are seen negatively by prospective lenders and are recorded as bad information on your credit report. If creditors discover a bankruptcy on your credit report, they can opt not to grant you credit or, if they do, they might do so with more expensive interest rates and unfavorable terms.

Your credit scores may suffer if you declare bankruptcy. Hence, the appropriate response is option D.

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The United States, making up less than 5 percent of the world's population, uses more than ___ of the world's commercial energy production.

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Despite that the country takes less than 5% of world population, it accounts for more than two-third of the world's commercial energy production.

The use of commercial energy production in this context entails use of resources like electricity, coal, advanced petroleum products, nuclear materials etc

These resources are in massive use in United States for generation of electricity, agricultural, transportation, commercial development etc

Therefore, the answer is that United States uses more than two-third (2/3) of the world's commercial energy production.

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If you get an email from your bank on its official stationery that asks for your account number, what should you do

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When an email is received in one's bank name and asks for account number, it is more likely a fraud and should be reported immediately.

It is very uncommon and rare for bank to contact an account-owner and when they does, it is usually for complicated situations, complimentary messages, product offers etc

This type of message received (in question) are usually from a malicious party disguising as you bank and it is referred to as email phishing.

In conclusion, when an email is received in one's bank name and asks for account number, the intent is more likely a fraud and should be reported immediately to necessary department.

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A report that details prevention, appraisal, internal failure, and external failure costs is called a ________.

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Answer: quality cost report

Explanation:

I just checked it and got it right.

a pilot applies for life insurance. the insurer approves the application with a $10 additional monthly premium modification due to the risk involved. the pilot declines the additonal premium modification. the insurer will then likely issue the coverage with a(n)

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Considering the situation described, the insurer will likely issue the coverage with an Aviation Exclusion.

The addition of Aviation Exclusion risk would curb the insurer's liability to that risk associated with the insurance contract.

This implies that considering the tendency of a pilot to die (not as a fare-paying passenger) in a plane crash or Aviation accident. Still, as a pilot, the addition of Aviation Exclusion would limit or void the insurance policy related to life.

Hence, in this case, it is concluded that the correct answer is "Aviation Exclusion."

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The company makes these predictions by finding patterns and relationships in large amounts of data by using machine learning algorithms called __________.

Answers

Answer:

Neural networks

Explanation:

The company makes these predictions by finding patterns and relationships in large amounts of data by using machine learning algorithms called neural networks.

True or false: The Malcolm Baldrige National Quality Award is to honor companies that show quality in seven key areas and have customer satisfaction ratings higher than competitors.

Answers

Answer:

True

Explanation:

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A townhouse is purchased for $475,000. If the transfer tax is $2.00 on the first $1,000. and $0.10 for each additional $100., how much are the transfer taxes?

Answers

Based on the information given the amount of the transfer taxes is $476.

Using this formula

Total transfer tax=[(Purchased price+ First transfer tax)×(Additional tax)]+Transfer tax

Let plug in the formula

Total transfer tax=[($475,000-$1,000)×($0.10/$100)]+$2

Total transfer tax = ([$474,000 x .001] + $2)

Total transfer tax=$474+$2

Total transfer tax=$476

Inconclusion the amount of the transfer taxes is $476.

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The number of shares issued represents the number of shares ______. Multiple choice question. the company is allowed to sell sold less repurchased sold repurchased

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Answer:

sold

Explanation:

The percentage of total industry output accounted for by the largest firms in an industry is called the:

Answers

Answer:

A B

A concentration ratio is used to measure... market dominance

Percentage of total industry output accounted for by the largest firms in the industry is termed... the concentration ratio

The sum of the squared market shares of each firm in an industry is termed ... the Herfindahl-Herschman Index

Explanation:

Anchor Resort and Casino surveils its customers and employees through a complex network of recorded video; undercover security agents; and weighing chips, cards, and coins for key transactions. What potential disadvantage of monitoring employees should Anchor managers consider

Answers

The potential disadvantage of monitoring employees that Anchor Resort and Casino managers do is that extensive monitoring can make employees feel that Anchor Resort doesn't trust them.

In a Casino where there is a high currency circulation and whose games can be more susceptible to fraud, it is necessary to have more regulation and monitoring, but when it becomes an excessive practice it can encourage employee turnover and demotivation.

There must be a mutual trusting relationship between a company and an employee, as a positive relationship generates greater job satisfaction, greater motivation and generates an organizational culture focused on development.

Therefore, Anchor Resort and Casino can develop a strategy to increase trust in the relationship among employees through training, open communication, feedback and encouraging positive practices in the company.

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a coworker has asked you to help him with something very important. you have a lot work to do yourself. what would you be most and least likely to do?

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Rendering assistance could be very tough in certain scenarios such as when the individual whose assistance is needed has a lot do. In such case, the least which one could do is to take up the task from the coworker while the most likely is to give a guideline how to get the task done.

Completely shutting out a coworker could be very bad as it could result as the foundation for a toxic relationship.

However, the most likely help that could be rendered is to give an helpful guideline on how to go about the task.

On the other hand the least likely, would be to take up the coworker's task and abandon mine.

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Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck? A checking account has columns check number, debits, deposits, balance. Deposits Balance Debit Check number

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Answer:

a. Deposits

Explanation:

Answer:

A: Deposits

On Edge

As some of the earliest management theories, scientific management and administrative management comprise the ________ viewpoint. behavioral quantitative systems contemporary classical

Answers

The management viewpoint which is made up of the scientific management and administrative management is known as:

E. Classical viewpoint

According to the given question, we are asked to state the name which is given to the management viewpoint which is made up of the scientific management and administrative management.

As a result of this, we can see that this is one of the earliest management theories as this has to do with the different methods of managing people and resources in a market system.

Therefore, the correct answer is option E

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The most important labor force issue for developed economies is their _________ populations. global diverse aging all of these

Answers

The answer here is ‘aging’.

I hope this can help.

How do fast-food restaurants rationalize the process of providing food to customers, according to Robin Leidner in Fast Food, Fast Talk

Answers

According to Robin Leidner, fast-food restaurants rationalize the process of providing food to customers by developing standardized scripts for employees to use when dealing with customers.

There are many advantages associated with the fact that fast-food chains develop standardized scripts for customer service, as this way, they ensure compliance and quality of processes.

Standardization in fast-food restaurants therefore ensures faster service, mechanization of processes and higher quality in food production, since production and service standards must be followed in any unit of a fast-food chain.

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evans & sons, inc., sold $100,000 face value, six percent coupon rate, four-year bonds, for an aggregate issue price of $95,000. calculate the total interest expense to be recorded by the company over the four-year life of the bonds.

Answers

The total interest expense to be recorded by the company over the four-year life of the bonds is $29,000.

Using this formula

Total Interest expenses=(Face value× Coupon rate× Bond year)+(Face value-Issue price)

Let plug in the formula

Total Interest expenses=($100,000 x .06 x 4) +($100,000-$95,000)

Total Interest expenses= $24,000+$5,000

Total Interest expenses=$29,000

Inconclusion the total interest expense to be recorded by the company over the four-year life of the bonds is $29,000.

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granting a pharmaceutical company a patent for a new medicine will lead to

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Doing such to a pharmaceutical company would lead to option b:  (i) and (ii) only:

A product that is priced higher than it would be without the exclusive rights.Incentives for pharmaceutical companies to invest in research and development.

When a pharmaceutical company gets a patent, they will become a monopoly for the medicine in question. This will allow them to charge a higher price for the drug seeing as they have no competition.

It will also act as an incentive to other companies to develop more drugs because they will get a chance to benefit alone from the drug.

In conclusion, such a patent would lead to a higher price and act as an incentive.

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What is created when light is blocked by an opaque object?

Answers

Answer:

Light travels in straight lines. When light is blocked by an opaque object, a dark shadow is formed.

Explanation:

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Kansas Pizza Pantry completed an initial public offering in August 2000. Several years ago, Silver Capital completed the acquisition of Kansas Pizza Pantry and, as a result of the acquisition, the company's common stock is no longer publicly traded.KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIESConsolidated Statements of Operations(amounts in thousands, except for per share data)Year 3Year 2Year 1Revenues:Restaurant sales$633,106$652,685$665,616Royalties from licensing agreement6,7228,2396,580Domestic franchise revenues4,2002,9342,757International franchise revenues3,1532,1782,121Total revenues647,181666,036677,074Costs and expenses:Food, beverage and paper supplies149,732155,181165,526Labor237,383247,850247,276Direct operating and occupancy142,920142,473140,367Cost of sales530,035545,504553,169General and administrative50,83151,04151,642Depreciation and amortization37,15640,33140,299Pre-opening costs3,3691,8934,478Loss on impairment of property and equipment18,95223,44113,336Store closure costs1,7585641,033Litigation, settlement and other costs8,9091,659736Total costs and expenses651,010664,433664,693Operating (loss)/income(6,279)3,30312,381Interest expense, net(26)(783)(1,324)(Loss)/income before income tax (benefit)/provision(6,305)2,52011,057Income tax (benefit)/provision(5,239)(2,141)2,395Net (loss)/income$(1,066)$4,661$8,662Net (loss)/income per common share:Basic$(0.07)$0.19$0.34Diluted$(0.07)$0.19$0.34Weighted average shares used in calculating net (loss)/income per common share:Basic24,73824,56425,193Diluted24,73824,39325,211KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIESConsolidated Balance Sheets(in thousands, except for share data)Year 3Year 2AssetsCurrent assets:Cash and cash equivalents$14,465$23,724Other receivables12,84413,041Inventories6,4276,557Current deferred tax asset, net8,6757,576Prepaid rent3065,957Other prepaid expenses2,8182,281Total current assets45,53559,136Property and equipment, net242,446256,416Noncurrent deferred tax asset, net22,60125,511Goodwill4,7224,872Other intangibles, net5,0874,964Other assets8,8137,409Total assets$329,204$358,308Liabilities and stockholders equityCurrent liabilities:Accounts payable$17,675$11,763Accrued compensation and benefits23,92323,701Accrued rent21,17420,287Deferred rent credits4,3584,245Other accrued liabilities14,19011,915Gift card liability14,87721,140Store closure reserve79351Total current liabilities96,27693,402Long-term debt---22,800Other liabilities9,9868,728Deferred rent credits, net of current portion33,67732,978Income taxes payable, net of current portion32910,125Commitments and contingencies--Stockholders equity:Common stock$0.01 par value, 80,050,000 sharesauthorized, 27,100,000 and 26,700,000 shares issued and outstanding at end of Year 3, and Year 2, respectively271267Additional paid-in capital174,563174,500Retained earnings14,10215,508Total stockholders equity188,936190,275Total liabilities and stockholders equity$329,204$358,308Required:Compute the following ratios for Year 3 using information from the company annual report that was issued before Kansas Pizza Pantry was acquired. 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