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Brut [27]
2 years ago
12

Why has the HRM function increased in stature and influence in many organization and How has increased globalization influenced

the way HRM is practiced in the United States?
Business
1 answer:
kari74 [83]2 years ago
7 0

Explanation:

Globalization at the organizational level can be understood as the integration of all systems that make up a company, including the macro environment.

Understanding the concept of globalization in business makes it possible to understand that the company to be successful in a foreign market must align its strategy in order to conquer the local market, it is important to carry out research and development to understand what the target audience of certain region wants to consume, in addition to respecting the culture, behavior and values ​​of each region.

Currently, in globalized companies, the focus of HRM is to ensure that the company receives new employees and that existing employees have a global posture that prioritizes respect, ethics, company identity, culture and is flexible and open to work in a company that adopts global management, where there are important interactions with other countries for the success of the business.

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Hudson, Inc. is a calendar-year corporation. Its financial statements for the years 2021 and 2020 contained errors as follows: 2
lubasha [3.4K]

Answer:

$3,000 understated

Explanation:

The computation of the working capital in case of no correcting entries made is shown below:

= Depreciation Expense for 2020 - depreciation expense for year 2021 - ending inventory for 2021

= $18,000 - $6,000 - $9,000

= $3,000 understated

While there is no additional errors occurred and no correcting entries passed so in this the $3,000 is understated by above calculation

6 0
2 years ago
Cass & Company has the following data. How many days is the firm's cash conversion cycle? Inventory conversion period = 50 d
Savatey [412]

Answer:

42 days

Explanation:

Given that

Inventory conversion period = 50 days

Average collection period = 17 days

Payable deferral period = 25 days

Now The computation of the cash conversion cycle is shown below:

The cash conversion cycle = Inventory conversion period + Average collection period  -  Payable deferral period

= 50 days + 17 days - 25 days

= 42 days

6 0
1 year ago
as a young entrepreneur, how can you show the responsible ways of purchasing activities on any possible situations you may consi
Helen [10]

Answer:

There are several ways in which a young entrepreneur can carry out purchasing activities responsibly, including:

1. Measured production of inventory or units of products- If an entrepreneur is producing bicycles for instance, (s)he should only spend on inventory that (s)he anticipates will be sold to customers or purchased by retailers. For example, let's assume that the entrepreneur has a purchase order from a retailer such as K-Mart for 500 bicycles. In this case the entrepreneur should only produce around 550 bicycles rather than 700 or 1000 bikes, thus, purchasing supplies and producing inventory in accordance with demand for his/ her bicycles.

2. Lowering costs of production where possible- Firstly, this can be done by purchasing supplies and materials for inventory in bulk. Secondly, the entrepreneur could outsource the manufacturing of his/her product to countries (such as China) where production costs are significantly cheaper.

4 0
2 years ago
Tyler company has been approached by a new customer with an offer to purchase 6,000 units of its product kr200 at a price of $11
Lilit [14]
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
8 0
2 years ago
Net Present Value Analysis Anderson Company must evaluate two capital expenditure proposals. Anderson’s hurdle rate is 12%. Data
Kruka [31]

Answer:

Initial outflows for project X and Y is $120,000

PV for project X = $148,664.98

NPV For project X = $28,664.98

NPV for project Y = $12,170.15

PV for project Y = $132,170.15

Project X is more attractive

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested .

NPV can be calculated using a financial calculator:

NPV for proposal X :

Cash flow in year 0 = $-120,000

Cash flow each year from year one to 12 = $24,000

I = 12%

NPV = $28,664.98

PV = $-120,000 + 28,664.98 = $148,664.98

NPV for proposal Y :

Cash flow in year 0 = $-120,000

Cash flow in year 3, 6, 9, and 12 = $72,000

I = 12%

NPV = $12,170.15

PV = $120,000 + $12,170.15 = $132,170.15

The project X should be chosen because its NPV is greater than that of project Y.

6 0
2 years ago
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