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baherus [9]
4 years ago
5

Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximat

ely 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because:
a. it overestimates the geographic and cultural distance between vandevar and balalaika.b. it underestimated its dwindling reputation before it enters the balalaika market.c. it underestimated its liability of foreignness when entering the balalaika market.d. it overestimated its need to protect its intellectual property.
Business
1 answer:
diamong [38]4 years ago
6 0

Answer: it underestimated its liability of foreignness when entering the Balalaika market

Explanation:

Culinary Solutions Inc.'s failure to be established successfully in Balalaika is most likely to be because of Culinary Solution Inc. underestimatstion of its foreigners liability when entering the Balalaika market.

Despite the low-cost strategy method used, the company can still incur additional costs which are associated with training, coordinating across geographic areas, and costs associated with doing business in unfamiliar cultural and economic environment.

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________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or prod
Sliva [168]

Answer: Licensing

Explanation:

A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.

The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.

According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.  

 Therefore, Licensing is the correct answer.

 

6 0
4 years ago
The Custom Van Corporation currently employs 200 workers. At that level of employment, the average product of labor is 10 Custom
emmasim [6.3K]

Answer:

A reduction in average product by 0.01

Explanation:

Current number of workers = 200

Average product of labor = 10 Custom Vans per worker per week

Average product is given as : TP/N

Where TP is the total product and is Unknown, N is the number of workers and it is equal to 200.

Therefore TP = 200*10 = 2000

Marginal product (MP) of labour = 8 custom vans per worker per week.

Hiring additional worker will increase total product (TP) by 8.

New average product = (2000+8)/(200+1) = 2008/201

New AP = 9.99

So hiring an additional product will reduce average product by 0.01

3 0
3 years ago
Individual marketing across segments creates more total sales than any other type of marketing. ​
Flura [38]

Answer:

false

Explanation:

7 0
3 years ago
Microsoft stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose that $15,000 invested in Micros
givi [52]

Answer:

37% compounded annually

Explanation:

To find the answer we need to follow this formula:

P = I (1+ r)^{n}

Where:

  • P = Present value of the stock
  • I = Initial value of the stock
  • r = Interest rate
  • n = number of compounding periods

Now we plug the amounts into the formula:

900,000 = 150,000 (1 + r)^13

900,000 / 150,000 = (1 + r)^13

60 = (1 + r)^13

Ln60 = 13 Ln(1 + r)

4.09 / 13 =  Ln(1 +r)

0.31 = Ln(1 + r)

e0.31 = Ln(1 + r)

1.37 = 1 + r

1.37 - 1 = r

0.7 = r

Thus, the annual interest rate is 37%

3 0
4 years ago
Which accounting principle is adopted to make adjustments to the trial balance so that the debit and the credit side balances? T
antiseptic1488 [7]

Answer:

The accrual principle

The main purpose of adjusting entries is to update the accounts to conform with the accrual concept. At the end of the accounting period, some income and expenses may have not been recorded, taken up or updated; hence, there is a need to update the accounts.

8 0
3 years ago
Read 2 more answers
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