What do you think how much important is regional vs. global scope? Does it differ? What role politics and economic model does have on the company operations.

Q: Do firms have any responsibilities to society atlarge?

A: The answer is Yes, firms have a lot of responsibilities to the society. Also, small businesses still…

Q: Why do wide variations in the use of financial leverage occur across industries and among individual…

A: The firm uses leverage to minimize the cost of capital and that differs from industry to industry.

Q: What is financial leverage and how does it affect a business's performance?

A: The company borrows money to acquire assets and do operations. The amount of debt a corporation has…

Q: How does the financial strength of an organization influence decision making and outcome?

A: Corporation:   A business concern where there is a separate legal entity, and are owned by…

Q: Which of the following refers to a situation where a company has a high concentration of its…

A: Company: A company is a kind of business organization that is possessed by a big number of…

Q: How does the financial strength of an organization influence decision making and outcomes

A: An organization decision making is influenced by several internal and external factors. Financial…

Q: How does extent of rivalry among competitors affect the investment industry sector?

A: Here we are supposed to elaborate the degree to which the rivalry among the competitors affects the…

Q: Analyze the impact of external factors (i.e., external to the company) on a company’s financial…

A: PESTEL analysis is one of the most important tools used by businesses to understand the industry and…

Q: How might operating leverage impact a companys decision making process?

A: Decision making process -Decisions must be made on a regular basis by managers to address issues.…

Q: Can organizations survive on a specific economic view as they become involved in international…

A: International business refers to any cross-border exchanges of products, services, or resources…

Q: How are high-context and low-context cultures different? Which of these is the best culture for…

A: Communication is a process of exchange of ideas, thoughts, information’s from one person to another…

Q: s for the outsourcing of multinational companies, please talk about the language and cultural…

A: A multinational company is a type of company that operates its business in the home country as well…

Q: What challenges does functional diversity represent for the business environment?

A: Introduction: A business environment is a confluence of internal and external elements and forces…

Q: Why does business risk vary from industry to industry?

A: Business risk It is the probability of occurrence of an inadequate amount of loss because of…

Q: Macroeconomics is most concerned with which of the following: OA. International Business Machines…

A: Macroeconomics deals with the behavior, structure, and performance of an economy as a whole, rather…

Q: What is the relationship of WACC to the market value of a company?

A: A company's capital structure is the specific mix of debt and equity it employs to fund its overall…

Q: Why do demographic shift and technological development create both challenges and new opportunities…

A: Diversity management relates to a set of management and governance strategies that seek to promote…

Q: Why might an analyst incorporate the industry-market-size factor and the interrelationships among…

A: Operating Income: The outcome of deduction of operating expenses and depreciation from the gross…

Q: What are the key determinants of an industry's profitability? What do you think is the most…

A: Profit is a very important concept in finance. Companies do business and run their operations in…

Q: Why does the financial sector and industries go hand in hand and why does this relationship matter

A: The financial sector of economy is reflective of the sector which is providing with finance to…

Q: How cultural and political aspects are important for business?

A: Business is influenced by political-economical, environmental, technological, legal, and…

Q: What special problems arise when evaluating performance in multinational companies?

A: Performance evaluation refers to the process of assessing how an individual or a firm is performing…

Q: How political risk can affect the value of a multinational company?

A: The political risk is a type of risk which will be arising out of instability in the economy due to…

Q: Why is it important to understand the economic systemunder which a company operates before entering…

A:

Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance. 

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.