Why firms go international? There are many reasons can promote firms go international‚ includes the domestic market saturation‚ end of PLC in domestic market‚ geographic diversification‚ to gain the economies of scale‚ stiff competition in domestic market and absence of competitors overseas etc. 1. Some firms go international in order to gain the economies of scale. As a research has pointed out that a doubling of output can reduce the production costs by up to 30 per cent. This is very obvious
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Why should organisations collect‚ file and maintain accurate financial records? To have a record of how the business is running. This allows us to determine how the business is sitting financially and display what money is going where and whether there is room for improvement. Basically‚ it is used to anaylse the business as a whole and to determine performance for both employees and for the organisation. What are the expectations of managers and supervisors in relation to budget or financial
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whyWhy Succesful Companies Fail ? Ex : This article examines the internal and external factors that contributed to the decline of Dunlop. For much of its history Dunlop operated in a protected home market or instigated strategies to restrict competition. This enabled Dunlop to dominate the British tyre industry. The complacency and inertia of management was exposed by a number of external jolts that produced radical environmental changes. Management failed to develop appropriate strategies which
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is account receivable? Credit sales‚ sales on account b. How do accounts receivable differ from notes receivable? Notes Receivable arises when the seller asks for a note to replace an Accounts Receivable when the customer requests additional time to pay a past-due account. A promissory note is a written promise to pay a specific amount of money‚ usually including interest‚ at a future date. c. What is a contra asset? An account which offsets another account. A contra-asset account has
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International assignments are the hub of international HR which makes the fact that they often fail a great concern to many corporations who make big investments in overseas assignments. As more U.S. companies expand their business overseas‚ the need to send employees on international assignments will increase‚ making the process of discovering the reasons for these failures increasingly important. Expatriate employees‚ meaning employees that are non-citizens of the country in which they are
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Based on examples from Kenya and elsewhere‚ discuss why taking development to the people is a fallacy. 1.1 INTRODUCTION 1.2 DEVELOPMENT Development is defined as the process of improvement in the wellbeing of people‚ improving their education‚ health‚ land‚ shelter‚ and other related aspects. It is also opening out to them equal opportunities to richer and more valid life. It also involves an increase in the national economy‚ increase in capacity of a political system‚ change and growth‚ qualities
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to settle into working in the lowest paid and grueling position in a restaurant‚ dishwasher. I was able to move up the ladder by taking night English as a Second Language class at City College of San Francisco and working up to ten hours a day every day. Every semester I took ESL classes‚ went hand in hand with promotions at work or better employment opportunities‚ to all the way to becoming supervisor of the restaurant. For this reason‚ I found in education an exit to poverty and a path to mind enrichment
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Ever since I can remember‚ I have desired to further my education at the University of Kansas. I love the campus‚ town‚ and the close proximity to where I live now. Taking trips of my own to the campus and city in addition to a college visit only confirms my desire. Over the past year‚ I have decided that I would like to pursue a degree in English‚ later adding a degree in secondary education to that. English has always been my strongest subject in school. In elementary school‚ I was praised by my
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20.00 | Points Missed | 5.00 | Percentage | 80.0% | 1. Chiller Company has credit sales of $5.60 million for year 2010. Chiller estimates that 1.32% of the credit sales will not be collected. Historically‚ 4% of outstanding accounts receivable is uncollectible. On December 31‚ 2010‚ the company’s Allowance for Doubtful Accounts has an unadjusted credit balance of $3561. Chiller prepares a schedule of its December 31‚ 2010‚ accounts receivable by age. Based on past experience‚ it estimates the percent
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Literature 1 “The Three Idiots”‚ this film was popular since then. I was just curios why was it so. My first connotation was; the film was pure comedy movie‚ actually‚ an ordinary comedy film‚ that it was a companionship of three men who make a lot of sophistries but I was definitely wrong. Its title was captivating; it’s attention-catcher which I think one of the reasons why it was entitled that way‚ to win the attention of the public but that doesn’t end in that‚ I think that
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