What are the responsibilities of the World Trade Organization?
What will be an ideal response?
The World Trade Organization is an intergovernmental organization responsible for (1) implementing, administering, and carrying out the WTO Agreement and its annexes; (2) acting as a forum for ongoing MTNs; (3) serving as a tribunal for resolving disputes; and (4) reviewing the trade policies and practices of WTO member states.
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Wang Co. manufactures and sells a single product that sells for $450 per unit; variable costs are $270 per unit. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the contribution margin ratio.
A. 20.7%. B. 50.0%. C. 66.7%. D. 40.0%. E. 19.3%.
________ is a continuing reconciliation of inventory with inventory records
Fill in the blanks with correct word
Years ago Sony decided to exploit its capabilities in the design and manufacture of electronic hardware for consumer and professional use by emphasising their role as platforms to exploit complementary software (music, movies and games). Thus it acquired music recording and movie making businesses to provide complementary sources of revenue and profits. However, it licenses third party software developers to produce games compatible with PlayStation consoles. Discuss the likely reasoning behind this apparent difference of strategy.
What will be an ideal response?What will be an ideal response?
Mars Corporation has provided the following data for Year 2:
A. 71.20% B. 5.91% C. 7.40% D. 3.84%