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Assume That You Are the Manager of a U

question 75

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Assume that you are the manager of a U.S.company and you face an exchange rate of ¥108 per $1.Whenever you receive an order,rather than ship from your production facilities,you call in the order to a Japanese company and have the bill shipped to you directly.If the bill shipped to you is ¥14,500 and you can collect $150 per item sold to your customer,what would be your profit if you pay the Japanese company ¥7,500?


Definitions:

Community Relations

Efforts by a company or organization to establish and maintain a positive relationship with the communities in which it operates.

Good Citizen

A term referring to an individual who actively contributes to the welfare of the community and participates responsibly in civic life.

Tax-Paying Entity

A term used to describe any individual, business, or organization that is legally required to pay taxes to a governmental authority.

Community Relations

The practice of managing and building positive relationships between an organization and the communities in which it operates, works, or has an impact.

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