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2 years ago

12

________is the american economist and professor who wrote the globalization of markets, in which he argued that international ma

rkets were converging because of technology and other factors.

1 answer:

dimulka [17.4K]2 years ago

4 0

Answer: Theodore Levitt

You might be interested in

What was the growth rate of per capita income in india on the eve of independence.

Orlov [11]

The growth rate in India on the eve of independence was 0.5% per annum.

<h3>What is independence?</h3>

Independence refers to the act of getting free from controlling of the dominating or ruling parties.

On the eve of independence, the economy was sluggish, and agriculture was the main activity that sparked growth. The colonial authorities made no serious attempt to assess India's national and per capita GDP.

Therefore, it can be concluded that 0.5% p.a. was the growth of the India at the time of independence.

Learn more about Independence here:

brainly.com/question/27765350

#SPJ4

4 0

2 years ago

Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sal

julsineya [31]

Answer:

sales are becoming less seasonal

Explanation:

besides constructing a pie chart, we can also answer this question by percentages (which is more exact).

2012:

total sales = $69,338

Q1 sales = $10,613 / $69,338 = 15.31%

Q2 sales = $6,424 / $69,338 = 9.26%

Q3 sales = $19,283 / $69,338 = 27.81%

Q4 sales = $33,019 / $69,338 = 47.68%

2013:

total sales = $142,238

Q1 sales = $30,342 / $142,238 = 21.33%

Q2 sales = $33,867 / $142,238 = 23.81%

Q3 sales = $34,246 / $142,238 = 24.08%

Q4 sales = $43,783 / $142,238 = 30.78%

During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.

During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.

7 0

3 years ago

Aluminum maker Alcoa has a beta of about 1.85, whereas Hormel Foods has a beta of 0.39. If the expected excess return of the ma

Nady [450]

Answer and Explanation:

The computation is shown below:

As we know that

According to the Capital Asset Pricing Model (CAPM) formula

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

And, the market rate of return - Risk-free rate of return is also known as the market risk premium

As we can see that the Alcoa contains high beta as compared to Hormel Foods so the Alcoa has a higher equity cost of capital

And, the higher rate is

= (Excess return of the market) × (Alcoa beta - Hormel foods beta)

= (3%) × (1.85 - 0.39)

= 3% × 1.46

= 4.38%

8 0

3 years ago

The process of dividing the potential market into sub-markets with common needs and features is called:________

chubhunter [2.5K]

Answer:

The correct answer is A. Market Segmentation.

Explanation:

The process of dividing the potential market into sub-markets with common needs and features is called market segmentation. The segments created are composed of consumers who will respond similarly to marketing strategies and who share simialr traits.

For example, common characteristics of a market segment include interests, lifestyle, age, gender, etc. Common examples of market segmentation include geographic, demographic, psychographic, and behavioral.

3 0

3 years ago

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985. (ii) Explain the principal agricultural pract

Nimfa-mama [501]

Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

The use of modern agricultural techniques became widespread around many regions in the world. This led to higher yields through the use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.

(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

extensive use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.

(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

In North America, Mexican food production increased and they stopped importing food. Although currently that has reversed, and it is importing even more food than before.
In Brazil, agricultural production increased dramatically. Both total farmed area and yields have continued to increase in the past years becoming a threat to the amazon basin.

(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

Emigration from rural areas to urban areas which resulted in a rapid expansion of urban centers. Since less labor was needed in farms, many people left rural areas due to lack of jobs.
People started accepting genetically modified crops, which were not well accepted at first. A lot of money was invested in research and development of new seeds, fertilizers and pesticides.

(c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.

Many new agricultural techniques have resulted in a decrease of soil fertility. In many places crops cannot grow unless a lot of fertilizer is used.
Countries were the green revolution was originally successful, like Mexico (where it started), have reduced the total area dedicated to crops. As the yields increased, the price of food started to decrease and many small farms could not keep operating.

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4 years ago