Selling a good abroad below the price charged in the home market, or at a price below the cost of production is called

Answers

Answer 1
Answer: This practice is called undercutting. The Chinese are doing this to us at this point in time. Labor prices are very low in China. Our labor costs are much higher making the cost of goods higher to the consumer, whether that be a company sourcing goods for manufacture or the end consumer. The result is that they are able to sell more of their products then we can.Another result could, and often is, a company to move its facilities to another country, causing unemployment here.

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Andy’s subordinates say that they love working for Andy because he inspires them to not only believe in the organization but to believe in their own potential as well. Based on this example, Andy can best be described as what type of leader? A. Transformational
B. Servant
C. Authentic
D. Transactional
E. Interactive

Answers

Andy can best be described as transformational leader.

Option A

Explanation:

Tranformational leader is the one who works along with the team members to establish the required change, creating a vision to train or guide by inspiring the team and executing the change.

Here it has been given that Andy’s subordinates feels comfortable to work for him and he inspires them.

The other options,

Servant: The objective of the servant type of leader is to serve his subordinates.

Authentic: They create honest relationships with their subordinates and promote openness.

Transactional: The objective of transactional leader is to promote compliance by subordinates via both punishments and rewards.

Interactive: They involve their subordinates in the tasks and make them to understand goals and tasks.

So, it can be concluded that, Andy is a transformational leader.

Quote from the scenario four challenges faced by the music industry

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In the Globalization era, the challenges that could be faced by the music industry are :

- Piracy, which will greatly decrease the revenue of the production house
- Copyrights infringement
- Media and Critiques (which will shaped public's opinion towards an artist)
- Lack of Artist's quality

2. the forex markets are different kinds of markets where customers are connected globally. elaborate.

Answers

It means that the currency that exist in forex market could be either sold or bought by anyone around the world.

for example ,

I live in United states. But through forex market, i could easily buy or sell Yen currency, which is used in Japan


In the podcast, one speaker talks about a "corporate idealist." What is a corporate idealist?

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Corporate Idealist

Meanwhile, successful individuals establish purposes that are often visualizing of a remarkable model version for life. It may also be for the business that is not yet endowed in original characteristics.

In simpler terms, if an individual chooses to drop a few pounds, though this individual has contributed the genuine part of the previous year exploring and tasting street food. However, this schedule does not make a difference during the foreseeable futurity and the analysis target is continuing to be challenging to achieve.

The key is viewing the aiming point like a SWOT analysis and targeting to achieve that aiming point regardless of the challenging obstacle coming between the target.  Hence in the podcast, one of the speakers talks about a corporate idealist which means endeavoring and being optimistic toward achieving purposes in professional life along with overwhelming with obstacles occurring in between to accomplish the intentions.  

Why do many experts recommend longer "time horizons" if you are making high-risk investments? Choose the most correct answer.A. If you have a longer time horizon you are capable of making more in interest in that time period.
B. A longer period of time gives you the opportunity to learn more about investing.
C. A longer time horizon means you have more time to recover any investment losses.
D. If you have more years you will always make better investment choices.

Answers

Answer:

Letter C.  A longer time horizon means you have more time to recover any investment losses.

Explanation:

A high-risk investment means that the possibility of losses is high, but the gains made outweigh that loss. In the short term it is possible to take losses, so it is advisable a longer period of time so you can learn about the market and make gains in a sustainable way, and repair the possible losses.

C. A longer time horizon means you have more time to recover any investment losses.

Which of the following economic systems primarily relies on prices for allocating resources and goods?A) Free-market
B) Traditional
C) Command
D) Mixed
E) Socialism

Answers

Answer:

A) Free-market

Explanation:

The free-market economic system primarily relies on prices for allocating resources and goods. In a free-market system, individuals and businesses are free to make their own economic decisions, and prices are determined by the interaction of supply and demand in the market. This price mechanism serves as a signal for resource allocation, as prices adjust according to the scarcity or abundance of resources and goods. As a result, resources are allocated based on consumer preferences and the willingness to pay, leading to a decentralized and efficient allocation of resources.

Final answer:

Free-market economic systems primarily rely on prices to allocate resources and goods, using the forces of supply and demand to signal and guide producers and consumers.

Explanation:

The economic system that primarily relies on prices for allocating resources and goods is the Free-market system. In this system, prices are determined by the forces of supply and demand, without any government intervention. These prices, in turn, guide producers to allocate resources efficiently, and they also signal consumers about the cost and value of goods and services. An example of a country that predominantly uses the free-market system is the United States, although it also includes certain mixed economy elements.

Learn more about Free-market economic system