Phan Company Has Not Reported a Profit in Five Years

question 122

Multiple Choice

Phan Company has not reported a profit in five years.This year the company would like to narrow its loss to $7,500.Assuming its selling price is $36.50 per unit and its variable costs per unit are $24,how many units must be sold to achieve its target given that total fixed costs are $60,000?

• A) 2,188
• B) 1,439
• C) 4,200
• D) 1,600

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Definitions:

Exportive IHRM

Relates to the practices and strategies employed by multinational corporations to transfer their home country's human resource management policies and practices to their operations in other countries.

HRM Systems

Human Resource Management Systems; technology-based solutions that assist in managing an organization's human resource functions, such as recruitment, payroll, performance management, and more.

Strategic International HRM

Human resources management issues, functions, policies, and practices that result from the strategic activities of multinational enterprises and that affect the international concerns and goals of those enterprises.

Global Competence

The ability to interact effectively with people from different cultural backgrounds, understanding global issues and possessing skills for functioning in multicultural environments.