If a Country Is Seeking to Attract Foreign Investment in the Form

question 35

Essay

If a country is seeking to attract foreign investment in the form of manufacturing related facilities,list 3 things the government might do to increase the chances of this occurring.

Identify the challenges and opportunities digital media presents for businesses.

Understand the role of the internet and digital media in expanding market reach and connectivity.

Recognize the importance of consumer feedback in digital marketing strategies.

Understand the aspects of digital communication that enhance customer engagement and information regulation.

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Definitions:

Absorption Costing Profit

The profit calculated under absorption costing, which includes both variable and fixed manufacturing costs in the cost of a product.

Variable Costing Profit

The profit calculated using the variable costing method, which considers only variable expenses for unit cost calculation, highlighting contribution margin.

Fixed Overhead

Refers to the indirect costs of production that do not change with the volume of output, such as rent, salaries, and insurance.

Opening Inventory

The quantity and value of stock available at the start of an accounting period.