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kiruha [24]
3 years ago
13

Nathan was worried that his company was missing a lot of opportunity to sell their products in China because of the separation c

reated by language, culture, and distance. In other words, his company had a lack of _____.
Business
1 answer:
lina2011 [118]3 years ago
4 0

The inability of Nathan's company to sell their products in China can be said to be: lack of knowledge.

<h3>What is Knowledge of a Market?</h3>

Understanding your market target for a specific product goes a long way in saving resource wastage and facilitates effective marketing strategy that gurantees sales.

Knowledge of the culture and language of a market is key to penetrating a market.

Thus, the inability of Nathan's company to sell their products in China can be said to be: lack of knowledge.

Learn more about knowledge of a market on:

brainly.com/question/2889076

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Consider the closed (no exports or imports) Latverian economy in which the consumption function is C = 300 + 0.75DI (where DI =
777dan777 [17]

Answer:

0.66

Explanation:

Marginal propensity to consume is the proportion of disposable income that is spent on consumption

Marginal propensity to consume = change in consumption / change in income = C / Y

Gross domestic product (Y) is the sum of all final goods and services produced in an economy within a given period which is usually a year.

In a closed economy, GDP = Consumption + Investment spending + Government Spending

Y = 300 + 0.75(Y - $1,200) + $900 + $1,300

Y = 300 + 0.75Y - $900 + $900 + $1,300

Collect like terms

Y - 0.75Y = $1600

0.25Y = $1600

Y = $6400

Substitute for Y in the consumption function : 300 + 0.75(Y - $1,200)

300 + 0.75($6400 - $1,200)

300 + 0.75($5,200) = $4,200

C = $4200

Marginal propensity to consume = $4,200 / $6400 = 0.66

4 0
4 years ago
Between 1953 and 2015, rising labor productivity contributed more to U.S. economic growth than did increases in inputs.
kondor19780726 [428]

Answer: True

Explanation:

Labor productivity has to do with the amount of products and services which are produce at a particular time by the workers.

It should be noted that between 1953 and 2015, rising labor productivity contributed more to U.S. economic growth than did increases in inputs. This brought about increase in the available goods and services in the country.

3 0
3 years ago
Last year Blease Inc had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $205,000 and its net i
Whitepunk [10]

Answer:

Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.

Explanation:

Old Net profit margin = Net income/ Revenue

                                    = $10,600/$205,000

                                    = 5.170731707%

Old ROE = Net profit margin*Asset turnover*Equity multiplier

              = 0.0517*1.33*1.75

              = 12.03487805%

New net income = $10,600 + $10,250

                            = $20,850

New net profit margin = $20,850/$205,000

                                     = 10.17073171%

New ROE = 0.1017*1.33*1.75  

                = 23.67237805%

Change in ROE = New ROE – Old ROE

                          = 23.67237805%  - 12.03487805%

                           = 11.6375%

Therefore, Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.

6 0
4 years ago
Medlock Company sold inventory on credit for $3,000, terms 2/10, n/30. The cost of the merchandise to Medlock was $2,400. How mu
Finger [1]

Answer:

Medlock will receive $2,940

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

According to given data

Sales = $3,000

As the payment is made within discount period, so discount will be availed

Discount  = $3,000 x 2% = $60

Now deduct the discount from due balance to calculate the amount received.

Amount Received = $3,000 - $60 = $2,940

4 0
4 years ago
What are the relationship between management and motivation
Lina20 [59]
Hello there,

The difference between \boxed{management} and \boxed{motivation} is that the word management means to manage something carefully and good. And the word motivation is to motivate someone to do something weather good or bad.

~Jurgen
4 0
3 years ago
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