The two trends that influenced global marketing in the last decade were:
- Formal economic integration.
- Free trade between nations.
Global marketing can be defined as a management strategy for organizations that also market their products and services in foreign countries.
Globalization has enabled formal economic integration and free trade between nations, and has created the possibility for companies to increase their profitability and market share.
As an example, we can mention the fast-food chain <em>Mc Donalds,</em> which has a presence almost all over the world, but which adapts its burgers according to local habits.
Therefore, a global company must adopt global marketing, that is, adapt to local customs, culture and preferences for the business to be successful.
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Answer:
The June 30, 2020, inventory at the June 30 price level under the dollar-value LIFO retail method:
$65,318.40
Explanation:
a) Data and Calculations:
June 30, 2020 Inventory = $60,480 at retail
Ratio of cost to retail = 68%
Inventory at cost = $41,126.40 ($60,480 * 68%)
General price level increase from 100 to 108
Inventory at the June 30 price level under the dollar-value LIFO retail method:
Inventory at cost = $44,416.50 ($41,126.40 * 108/100)
Inventory at retail = $65,318.40 (44,416.50/68%)
Answer:
d.teenagers is much higher than that of adults.
Explanation:
Unemployment refers to individuals that are employable and seeking to work but have not been able to get jobs.
In the economy it is found that the unemployment rate of teenagers is much higher than that of adults. Youths are 3 times more likely to be unemployed compared to adults. The global your unemployment rate is 13% compared to that of adults which is 4.3%.
This high rate of unemployment iamong youths can be attributed to the following factors: inadequate qualifications, lack of graduate jobs, cyclical unemployment, geographic unemployment, and in case of underground economy.
Answer:
It will be considered a long-term capital gains as Renata Corporation holded for a priod of time longer than a year.
The gain will be the difference between tax basis (cost - tax purporse depreciation) which amount to $13,000
Explanation:
selling price 110,000
180,000 - 83,000 = 97,000 tax basis
long.term capital gain 13,000
