All categories

2 years ago

_______ involves developing marketing strategies as though the entire world (or its major regions) were a single entity.

1 answer:

6 0

Globalization involves developing marketing strategies as though the entire world (or its major regions) were a single entity.

<h3>What is Globalization?</h3>

This is referred to the integration of people and government worldwide through advances in technology etc.

This strategy promotes interactions between countries and ensures the products being used in any part of the world thereby making it the most appropriate choice.

Read more about Globalization here brainly.com/question/1133228

#SPJ1

You might be interested in

In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco

Jlenok [28]

Answer:

He has to deposit $750.46 every month into the account

Explanation:

Future value id the accumulated amount of principal and compounded interest at the end of a specific investment period.

Assuming interest is compounding every month, use following formula to calculate the amount of payment each month.

FV = PV x ( 1 + r )^n + A x ( ( 1 + r )^n - 1 ) / r

$57,000 = $10,000 x (1+0.1%)^5x12 + A x ( ( 1+0.1% )^5x12 -1 ) / 0.1%

A = { $57,000 - [ $10,000 x ( 1 + 0.001 )^60 ] } / [ ( ( 1 + 0.001 )^60 )-1 / 0.001 ]

A = ( $57,000 - $10,618.05 ) / 61.80471

A = $46,381.95 / 61.80471

A = $750.46

3 0

4 years ago

Lemony Company made sales of $38,000 million during 2018. Cost of goods sold for the year totaled $16,340 million. At the end of

Evgesh-ka [11]

Answer:

Gross profit = 57%

Inventory turnover = 8.60 Times

Explanation:

The gross profit percentage can be calculated by dividing the gross profit by sales. Inventory turnover can be calculated by dividing the cost of goods sold by the average inventory, in this case average inventory is not given in the question. Average inventory can be calculated by dividing the sum of opening and closing inventory with 2.

Gross profit = (Sales - Cost of goods sold) / Sales x 100

Gross profit = (38,000 - 16,340) /38000 x 100%

Gross profit = 21,660/38,000 x 100

Gross profit = 57%

Inventory turnover = Cost of goods sold / Average inventory

Inventory turnover = 16340/1900

Inventory turnover = 8.60 Times

Average inventory = (1800 + 2000) /2

Average inventory = 1900 Million

8 0

3 years ago

Short Grass Incorporated is a distributor of golf balls. Martin's Golf Supplies is a local retail outlet which sells golf balls.

Marat540 [252]

Short Grass Incorporated's economic order quantity is <em>4,602 balls or 64 cartons.</em>

Data and Calculations:

Cost per ball = $1.15

Balls per cartoon = 72

Annual demand = 158,520

Weekly demand = 3,891 balls

The number of cartoons demanded per year = 2,202 (158,520/72)

Earnings on cash investments = 8%

Purchase-order lead time = 1 week

Ordering costs per purchase order = $128,000

Handling costs = $1,916 ($0.87 x 2,202)

The economic order quantity (EOQ) = square root of (2 x Demand x Ordering costs)/Handling costs

= square root of (2 x 158,520 x $128,000)/$1,916

= square root of (21,180,125)

= 4,602 balls or 64 cartons

Thus, the economic order quantity is <em>4,602 balls or 64 cartons.</em>

Learn more: brainly.com/question/14625177

6 0

2 years ago

Consider the example of an individual in a grocery store examining two cans of peaches, Alpha Peaches and Beta Peaches. If Alpha

Wittaler [7]

Answer:

True.

Explanation:

True, The given situation is true because the pleasure (utility) provided by Alpha is greater than the pleasure (utility) provided by the Beta. Therefore, a rational person will buy only that commodity which has a higher utility. Here, we can see the Alpha provides 10 units of utility or pleasure per dollar while Beta provides 8 units of utility or pleasure per dollars. So, only Alpha will be chosen.

7 0

4 years ago

A company's marginal revenue function is MR=150−8x1/3, where x is the number of units. Find the revenue function. (Evaluate C so

N76 [4]

Answer:

R(x) = 150x - 6 $x^{4/3}$