In 2012, an executive at Honda Motor Company announced that the firm would be moving more of its car production from Japan to the United States. A newspaper article stated: "The move, driven by the strength of the Japanese yen, will also result in Honda significantly reduce the number of vehicles it imports into North America from plants in Japan." a. What does the article mean by the strength of the Japanese yen? b. Why would a strong yen case Honda to produce more cars in the United States and fewer cars in Japan?

Answers

Answer 1

In 2012, Honda announced plans to increase car production in the United States and reduce imports from Japan due to the strength of the Japanese yen.

The strength of the yen refers to its high value relative to other currencies, particularly the U.S. dollar.

A strong yen makes Japanese exports more expensive, which can negatively impact the competitiveness and profitability of Japanese companies, including Honda.

A strong yen affects Honda's decision to produce more cars in the United States and fewer in Japan for a couple of reasons. Firstly, when the yen is strong, it becomes more expensive for Honda to export cars from Japan to the United States.

This makes domestically produced cars in the U.S. relatively more cost-effective for Honda.

By shifting production to the U.S., Honda can mitigate the impact of currency exchange rates and maintain competitive pricing.

Secondly, a strong yen can also erode Honda's profit margins on vehicles exported from Japan.

When the value of the yen is high, the revenue generated in other currencies, such as the U.S. dollar, decreases when converted back into yen.

By producing cars in the United States, Honda can reduce its exposure to exchange rate fluctuations, protect its profit margins, and potentially increase its competitiveness in the North American market.

Overall, the strength of the Japanese yen prompted Honda to adjust its production strategy by increasing car manufacturing in the United States and reducing imports from Japan.

This strategic move helped Honda mitigate the challenges posed by a strong yen, such as increased export costs and potential profit erosion.

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Related Questions

Write a scenario that will help you understand the following word or topic and show me that you understand their importance.

Disciplines - information literacy practices change based on the discipline (or what one is
studying or researching) to determine if information is relevant to the need

Answers

The term "disciplinary literacy" refers to reading, writing, and communication strategies that are particular to a given discipline. It emphasizes on the skills, abilities, and tools used by experts in the respective domains.

What is Information Literacy in the Disciplines Guide?

Information literacy is the ability to find, evaluate, organize, use, and convey information in all of its different forms, particularly in situations when it is necessary to exercise judgment, solve problems, or acquire knowledge. Information literacy fosters and improves problem solving.  

Information literacy serves as a basis for lifelong learning and encourages and enhances problem solving and critical thinking. They are able to find, utilize, and assess information to help them make decisions. Students create high-quality assessments using the proper materials.

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Marketing managers can choose between three possible global ______, which range from selling the same product to introducing an entirely new product.'

Answers

Global product strategies correspond to strategic possibilities that marketing managers can choose for the insertion of products in a global market.

What is product strategy?

It corresponds to a set of techniques and actions that an organization will use to promote its product in a given market, based on communication, functionality, quality and audience analysis.

Therefore, marketing managers can choose between three possible global product strategies for a company to generate value and market positioning.

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Select the items that are needs from your bank statement. ABC BANK Available Balance $230.00 Cell phone plan$45 Rent$400 Car insurance$60 Backpack$10 Electric bill$60 Car payment$250 Submit

Answers

Answer:everything but the backpack

Explanation:

A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?

Answers

A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million

What is market cap?

Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:

1.71B / 2.5 = 684 million

So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.

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Help this is super confusing

Help this is super confusing

Answers

Answer: Reasons

Explanation: Crystals are collected for jewelry, sugar, salt, computer chips. So if it shows you all those examples it would be collected for many reasons. I hope this helped!

Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT

what's the answer please

Answers

Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

What is a CPA certification?

The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.

Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

Therefore, the Option D is correct.

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Consider the passage "Former Senator Robert Packwood of Oregon became so angry at the state’s leading newspaper, the Portland Oregonian, that in response to a request from that paper for a quote, he offered this: "Since I quit talking to the Oregonian, my business has prospered beyond all measure. I assume that my business has prospered because I don’t talk to the Oregonian. Therefore I will continue that policy. Thanks."
Objective: To identify and explain any fallacies of defective induction or of presumption in the above passage.
In the given passage conclusion of the argument that "business has prospered" is already assumed in one of the premises.

Answers

The argument contains a false premise because the conclusion that "business has prospered" is already assumed in one of the premises.

This is an example of circular reasoning, also known as begging the question, because the conclusion is already assumed in the premise. This type of fallacy is also an example of a defective induction, as the conclusion is not necessarily supported by the evidence provided. In this case, the evidence of business prospering is not necessarily linked to the fact that the senator quit talking to the Oregonian, The argument contains a false premise because the conclusion that "business has prospered" is already assumed in one of the premises.  as there may be other factors that contributed to the success of the business.

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which part of our body is affected by plogue pose?​

Answers

Answer:

spine and shoulders are affected

The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.

Plow Pose

It is a stretching exercise which keeps your body fit and flexible.

Doing stretching exercise regularly benefits the body mucles and tendons.

The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.

This pose affects our spine and also our shoulders.

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which part of our body is affected by plogue pose?

50 pts! I really need help on this. Ignore the distribution part. Dont waste my points ;-; Will give Brainliest

Market Analysis: Research three countries you would like to distribute your game to and summarize the games, their prices, and how they are distributed in those markets (your competition). If you find that you might have chosen a market that is already too competitive, this is the time to identify another country and change your plan.

Countries I chose:
Japan
United States
Great Britain (UK)

Answers

Answer:

Japan 183-192billon dollars per year

USA 18.4 billion dollars

UK 5.05billion dollars

Which of the following is an
example of a wellness perk?

Which of the following is anexample of a wellness perk?

Answers

Answer:

I think it's letter

"A"

COBRA

What does it mean when the feds raise interest rates?.

Answers

Answer:

slowing the economy by pushing up borrowing rates and raising the annual percentage rate on savings

Explanation:

Upon receiving a request for records, insurers and/or agents must deliver the records to the Commissioner within ____ days.

Answers

Insurance is the idea. Within thirty days of entering a request for records, insurers and/ or agents are needed to deliver the records to the Commissioner.

Protection is a system for dealing with your adventure. Insurance provides protection against unexpected fiscal losses.

still, the insurance company will compensate you or someone you choose, If commodity bad happens to you. lawyers for consumer protection, insurance controllers, and preceptors, insurance officers are suitable to give consumers with information about the insurance system in a particular state.

While the liabilities of insurance officers can vary from state to state, their places are generally the same act as people who connect individual guests with insurance companies in the state.

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What is a business's target market?
O A. The clients or customers to whom the business is selling its
product or service
B. The location where the business will be most successful
C. The business's competitors
D. The amount of money the business hopes to make in the first year

Answers

Answer:

The Clients or customers to whom the Bussiness it product or service

Answer:A

Explanation: a p e x

Brenda is a housekeeper who is supposed to stand in the presence of her employers as a sign of respect. Given this information, it can be said that Brenda is required to show __________

Answers

Brenda is required to show deference or reverence in the presence of her employers as a sign of respect.

In certain cultural contexts or specific employment situations, there may be social or professional expectations that require individuals to demonstrate deference or respect in the presence of their employers. This can manifest in various ways, such as standing in their presence, using specific forms of address, or maintaining a certain level of formality in communication and behavior. The act of standing in the presence of employers can be seen as a symbolic gesture of respect, acknowledging their authority or position of power. By remaining standing, Brenda is essentially showing that she is ready and available to assist her employers and carry out her duties promptly.

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What is used to identify risks in the market before they become
obvious?
a. market intelligence
b. CI
c. SWOT analysis
d. decision support tools
e. BI

Answers

The answer to the question “What is used to identify risks in the market before they become obvious?” is market intelligence. Market intelligence is the process of collecting, interpreting, and analyzing information about a company's external environment, including customers, competitors, and market trends.  

By utilizing market intelligence, companies can identify potential opportunities and risks in the market before they become obvious. Market intelligence is a key tool for companies to stay competitive and make informed business decisions.

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Anthem Company has 100,000 shares authorized, 96,000 shares issued, and 23,000 shares of treasury stock. Determine the number of shares outstanding.

Answers

The number of outstanding shares is 73,000 shares.

What are the outstanding shares?

Shares outstanding refer to a company's stock that is currently held by all its shareholders.  They exclude treasury stock, but include:

Block shares held by institutional investors Restricted shares owned by the company's officers and insiders.

Outstanding shares appear on a company's balance sheet under “Capital Stock.”

Data and Calculations:

Authorized shares = 100,000

Issued shares = 96,000

Treasury stock = 23,000

Outstanding shares = 73,000 (96,000 - 23,000)

The number of outstanding shares is 73,000 shares.

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the centerpiece of the marketing environment analysis framework is

Answers

Consumers are the centerpiece of the marketing environment analysis framework. Option E.

The marketing environment analysis framework is a tool utilized in marketing to comprehend the numerous elements that influence a company's capacity to sell its goods or services. Both internal and external aspects that affect a company's marketing choices and tactics are included in the marketing environment.

The consumer serves as the focal point of the framework for marketing environment analysis. This is so because consumers are the ones who actually use the goods or services that a company provides, and they are the ones who ultimately decide whether or not a company's marketing efforts are successful.

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The complete question is:

The centerpiece of the marketing environment analysis framework is _____.

(a) green marketing

(b) corporate partners

(c) culture

(d) competitive intelligence

(e) consumers.

Which should you finance first?
O your needs
O your wants
O your savings
O your investments

Answers

in my opinion, the last option. i would spell it out but it won’t let me lolz

it should be your investments

What is your opinion of the impact on teamwork of paying large financial bonuses to crew member?

Answers

In my opinion, paying large financial bonuses to crew members can have both positive and negative impacts on teamwork. On one hand, the promise of a large bonus can motivate individuals to work harder and push themselves to achieve team goals. This can lead to increased productivity and a greater sense of camaraderie among team members as they work together towards a common goal. Additionally, the acknowledgement of individual contributions through financial incentives can help team members feel valued and appreciated.

On the other hand, if bonuses are based solely on individual performance, it can create a sense of competition among team members and discourage collaboration. This can lead to resentment and mistrust among team members, ultimately undermining teamwork. Furthermore, if bonuses are not distributed fairly or transparently, it can erode trust and damage team cohesion.

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The monthly market for U.S. steel production (in millions of tons per month) is described in the table below. An increase in the price of Iron ore, a critical input in the production of steel, shifts the supply curve to the left, decreasing supply by 200,000 tons at each price. (Hint 200.000 tons =0.2 miltion tons.) Instructions: Round your answers to 1 decimal place. a. Fill in the new supply schedule in the table using the "New Quantity of Steel Supplied" column. Market for U.S. Steel

Answers

The given table below describes the monthly market for U.S. steel production in millions of tons per month:

Market for U.S. Steel Price per ton Q demanded(millions of tons)Q supplied(millions of tons)Surplus(+)/shortage(-)(millions of tons)$4002.33.2-0.9$4502.52.7-0.2$5002.22.20.0$5501.81.70.1$6001.41.2-0.2a. The new supply schedule can be filled in the table below with the new Quantity of Steel Supplied column.

Price per ton Q demanded(millions of tons)New quantity supplied(millions of tons)Surplus(+)/shortage(-)(millions of tons)$4002.33.0-0.3$4502.52.5-0.1$5002.22.0-0.2$5501.81.5-0.3$6001.41.0-0.4 Calculation: When there is an increase in the price of iron ore, a critical input in the production of steel, it will shift the supply curve to the left, thereby decreasing supply by 200,000 tons at each price.

The decrease in supply at each price will be 200,000/1,000,000 = 0.2 million tons or 0.2 million/ month. Hence, the new quantity supplied can be calculated by subtracting 0.2 from the original quantity supplied.

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Does the Federal Reserve pay taxes?

Answers

Answer:

Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.

Explanation:

in florida it is illegal to sell alcohol before 1 pm on any sunday. this is an example of

Answers

The statement is an example of a Blue Law, which refers to a law that prohibits certain activities or transactions on specific days of the week, usually on religious grounds. The term "blue law" comes from the blue paper used to print the laws in the colonial era.

The Florida law that prohibits the sale of alcohol before 1 pm on Sundays is an example of a blue law that is designed to regulate the consumption of alcohol on a religious day of rest. Historically, blue laws were enacted to enforce moral and religious standards, such as the observance of the Sabbath or the prohibition of certain activities on holy days. In the United States, blue laws have been challenged and repealed over time, as they have been seen as outdated or unconstitutional. The regulation of alcohol sales on Sundays is not unique to Florida, as many states and localities have similar laws or restrictions. However, some states have relaxed or repealed their blue laws in recent years, as attitudes towards alcohol and religious observance have shifted. The debate over blue laws and their impact on individual rights, economic activity, and religious freedom continues to be a topic of discussion in many parts of the world.

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The risk-free rate currently equals 4 percent, and the expected risk premium on the market portfolio equals 11 percent. The firm's common stock beta id 1.25. The firm has a bond issue currently outstanding which has 20 years left to maturity. The coupon rate is 8% and coupons are paid semiannually. The bond is currently selling for $1040.79 and the face value of the bond is $1000. The marginal tax rate for the firm if 40%. 1) The firm's cost of equity is ______% 2) The firm's after-tax cost of debt is _____%

Answers

The firm's cost of equity is 17.75%. The firm's after-tax cost of debt is approximately 4.6154%.

To calculate the firm's cost of equity, we can use the Capital Asset Pricing Model (CAPM):

Cost of Equity = Risk-Free Rate + Beta * Expected Risk Premium

The firm's cost of equity:

Cost of Equity = 4% + 1.25 * 11%

Cost of Equity = 4% + 13.75%

Cost of Equity = 17.75%

Therefore, the firm's cost of equity is 17.75%.

To calculate the firm's after-tax cost of debt, we need to consider the tax shield provided by the interest expense. The formula to calculate the after-tax cost of debt is as follows:

After-Tax Cost of Debt = Cost of Debt * (1 - Marginal Tax Rate)

The firm's after-tax cost of debt:

The coupon rate of the bond is 8%, and it is paid semiannually. To calculate the current yield, we divide the annual coupon payment by the current price of the bond:

Current Yield = (Annual Coupon Payment) / (Bond Price)

Current Yield = (0.08 * $1000) / $1040.79

Current Yield = $80 / $1040.79

Current Yield ≈ 0.076923 (approximately 7.6923%)

The after-tax cost of debt will be the current yield adjusted for taxes:

After-Tax Cost of Debt = Current Yield * (1 - Marginal Tax Rate)

After-Tax Cost of Debt = 7.6923% * (1 - 40%)

After-Tax Cost of Debt = 7.6923% * 0.6

After-Tax Cost of Debt = 4.6154%

Therefore, the firm's after-tax cost of debt is approximately 4.6154%.

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Why is the interest rate one of the biggest factors when calculating the financial charges on credit cards?

Answers

In a loan, the interest rate is considered as the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

What is an interest rate in loan?

The term "interest rate" is a rate that tells you how high the cost of borrowing is or high the rewards are for saving. As a borrower, an interest rate is the amount you are charged for borrowing money which is shown as a percentage of the total amount of the loan.

In a loan, the finance charge means the total cost of borrowing money which includes the interest paid and any service fees by the lender which is why the interest rate is a big factor in calculating finance charges of credit cards.

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Question 3 of 10
Which situation would most likely be covered by long-term disability
insurance?
OA. Elena takes six months off of work after having a second child.
B. Diego takes three months off of work to help care for his aging
father.
C. Omar misses three days of work after having an accident on the
job.
D. Victoria misses work for nine months after suffering a bad injury.

Answers

Answer:

The situation that is most likely to be covered by long-term disability insurance is option D, where Victoria misses work for nine months after suffering a bad injury. Long-term disability insurance is designed to provide income replacement for an extended period of time in the event that an individual becomes unable to work due to a serious illness or injury. In this case, Victoria's injury has caused her to miss work for a significant length of time, which would likely qualify her for long-term disability insurance benefits.

Option A, where Elena takes six months off of work after having a second child, would not typically be covered by long-term disability insurance, as this is a planned absence from work and not due to an unexpected illness or injury.

Option B, where Diego takes three months off of work to help care for his aging father, would also not be covered by long-term disability insurance, as this is a personal leave and not due to a disability or injury that prevents him from working.

Option C, where Omar misses three days of work after having an accident on the job, is a short-term absence and would not typically be covered by long-term disability insurance, which is designed to provide coverage for extended periods of time.

Exercise 11-4 Profit allocation in a partnership LO3 Dallas and Weiss formed a partnership to manage rental properties, by Investing $207,000 and $243,000, respectively. During its first year, the partnership recorded profit of $551,000. Required: Prepare calculations showing how the profit should be allocated to the partners under each of the following plans for sharing profit and losses: a. The partners failed to agree on a method of sharing profit.
b. The partners agreed to share profits and losses in proportion to their initial investments.
c. The partners agreed to share profit by allowing a $160,000 per year salary allowance to Dallas, an $90,000 per year salary allowance to Weiss, 25% interest on their initial investments, and sharing the balance equally. (Leave no cell blank. Enter "0" when the answer is zero.)

Answers

a. The profit is allocated equally between Dallas and Weiss. b. Dallas receives 45.73% ($251,021) and Weiss receives 54.27% ($299,979) of the profit. c. Dallas receives $245,000 and Weiss receives $306,000 of the profit.

a. When the partners fail to agree on a method of sharing profit, the default allocation is an equal sharing of profits. Therefore, Dallas and Weiss would each receive $275,500 ($551,000 / 2) of the profit. b. If the partners agreed to share profits and losses in proportion to their initial investments, the allocation would be based on the ratio of their investments. The total investment is $450,000 ($207,000 + $243,000). Dallas's share would be 45.73% ($207,000 / $450,000) of the profit, which amounts to $251,021 ($551,000 × 45.73%), while Weiss's share would be 54.27% ($243,000 / $450,000) of the profit, which amounts to $299,979 ($551,000 × 54.27%). c. If the partners agreed to share profit by allowing a salary allowance and interest on their investments, with the balance shared equally, the calculations would be as follows: Dallas receives a $160,000 salary allowance, which is subtracted from the profit: $551,000 - $160,000 = $391,000. Weiss receives a $90,000 salary allowance, which is also subtracted from the profit: $391,000 - $90,000 = $301,000. 25% interest on their investments: Dallas receives $51,750 ($207,000 × 25%) and Weiss receives $60,750 ($243,000 × 25%). The remaining balance is shared equally: Dallas receives $41,250 ($391,000 - $160,000 - $51,750) and Weiss receives $41,250 ($301,000 - $90,000 - $60,750). Therefore, under plan c, Dallas receives $245,000 ($160,000 + $51,750 + $41,250) and Weiss receives $306,000 ($90,000 + $60,750 + $41,250) of the profit.

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The IS-related job position that works with business leaders and planners to develop processes and systems that implement business Strategy and goal is that of..... A. database administrator. B. network administrator. C. technical writer nhusiness analyst

Answers

The correct answer is C. business analyst.

The job position that works with business leaders and planners to develop processes and systems that implement business strategy and goals is that of a business analyst.

Business analysts play a crucial role in bridging the gap between business objectives and IT solutions. They collaborate with stakeholders, gather requirements, analyze business processes, and propose technology-driven solutions that align with the organization's strategic goals.

Their expertise lies in understanding business needs, identifying opportunities for improvement, and translating them into actionable plans for the development of processes and systems.

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As a factor of production, what is capital?

A. an industrial good

B. the natural resources used to create a product

C. the entrepreneur who sees how to make something useful

D. the tangible products made by labor

Answers

Answer:

Option "D" is the correct answer.

Explanation:

Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.

can a tenant have multiple recovery structures applied to their lease?

Answers

It depends on the specific terms of the lease agreement and the laws and regulations governing landlord-tenant relationships in the relevant jurisdiction. Generally, a lease agreement will specify the recovery structures that apply to the tenant, which may include a security deposit, late fees, and other charges.

In some cases, a lease may allow for multiple recovery structures to be applied to the tenant. For example, a lease may provide for a security deposit, late fees for overdue rent payments, and charges for damages to the property or for early termination of the lease.

However, there may be legal limitations on the recovery structures that a landlord can apply to a tenant, and there may be restrictions on the amounts that can be charged or collected. Additionally, some recovery structures may be prohibited in certain jurisdictions, such as non-refundable fees or penalties for late payment.

It is important for tenants to carefully review the terms of their lease agreement and understand their rights and obligations under the agreement. Tenants should also be aware of the applicable laws and regulations in their jurisdiction to ensure that their rights are protected and that they are not subject to unfair or illegal practices by their landlord.

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When a government creates a budget, it is seeking a way to

Answers

Answer:

allocate money to programmes and projects.

Explanation:

A budget is an estimate or a proposed revenue and expenses for a financial period, usually one year. It shows how funds will be generated by the government to finance it's projects and programmes.

On a yearly basis, government sets out it's plan in a budget against the coming year. It is this plan that would guide it's action in the following year in terms of what and where to focus it's spending on.

Therefore, when a government creates a budget, it is seeking to allocate money to programmes and projects for the benefits of the citizenry.

Answer:

Answer: D.) Allocate money to programs and projects

Explanation:

i just took the test and got a 100 hope ya pass good luck

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