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3 years ago

What global market-entry strategy did mary kay use when it entered india?

2 answers:

8 0

The global market entry strategy that Mary Kay used when it entered India was the exporting market entry strategy. The priorities of Mary Kay when doing business was God first, family second and career third. In India however it was adapted that faith first, family second and career third. Mary Kay does this for the purpose of the religion and for the sake of respecting those who practice their religions.

Lina20 [59]3 years ago

5 0

The answer is "direct investment in Indias market and joint venture with local businesses".

Joint Venture is a typical type of working together in India. Most foreign direct investments are made in a Joint Venture business. A Joint Venture as the term proposes, is a business assention in which at least two accomplices consent to contribute and co-work towards interests in maintaining a business with a goal of accomplishing the business objective. Joint Ventures might be value based or legally binding. It could include altogether new business or extend officially existing business.

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Nolan Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close

algol13

Answer:

Balance as per cash book $ 20,621

Less: Debit memorandum $ ( 22)

Add: Interest earned on bank balance $ 34

Add: Correction of error $ 9

Adjusted balance per cash book $ 20,642

Balance as per bank statement $ 19,791

Add: Deposits in Transit $ 3,333

Less: Outstanding checks $ ( 2,482)

Adjusted balance per bank statement $ 20,642

Explanation:

The debit memorandum from the bank has to be adjusted from the cash book. This is only known from the bank statement

The interest earned on the bank balance is only known from the bank statement and has to be adjusted in the cash book

The correction of error needs to be corrected in the cash book.

The deposits in transit have been recorded in the cash book so no adjustment is needed there. The money has not been deposited so the bank statement balance has to be added thereto,

The checks issued by the Company, have been properly recorded in the cash book, however, since the checks have not been encashed the bank balance needs to be reduced to reconcile the balance.

3 0

3 years ago

The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer'

Sholpan [36]

The answer is the Status symbol.

A status symbol is typically an object meant to symbolize the high social and financial position of its owner.

Status symbols frequently vary as a culture and its ideals evolve.

Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.

Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.

For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.

Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.

Learn more about capitalist society:

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5 0

2 years ago

What is the simplified base for the function f(x) = 2(3/272x)?

madam [21]

The answer to this is C

7 0

3 years ago

Assume that sales are predicted to be $4,000, the expected contribution margin is $1,720, and a net loss of $280 is anticipated.

Alexeev081 [22]

Answer:

e) $4,651

Explanation:

The break-even point is the level of activity that a company must operate to have its total cost equal to its total revenue. At this level of activity, the business makes a zero profit, as the total contribution is exactly the same as the total fixed cost.

It is important for the business to have an idea of the number of customers or units of product to sell inorder for it to cover its total fixed cost. This is the information the break-point analysis seeks to provide.

Working it out

Break-point in sales = Total General fixed cost/ Contribution margin ratio

Contribution margin ratio (CMR): Contribution is sales less variable costs. And the contribution margin ratio is the proportion of sales that is earned as contribution. The higher the better.

CMR = contribution/sales

Fixed cost = Contribution + net loss

We can now apply all these relationships to the question given:

Fixed cost = 1720 + 280

= 4,000

Contribution margin ratio = 1720/400 = 43%

Break-even sales ($) = 4000/0.43

= $4,651

3 0

3 years ago

Suppose your firm receives a $ 3.2 million order on the last day of the year. You fill the order with $ 1.7 million worth of inv

klio [65]

Answer and Explanation:

The consequences of given transactions are as follows

a. Revenues rise by $3.2 million as the firm received an order

b. Earnings rise by $1.5 million as the firm received an order and it filled by an orders i,e ($3.2 - $1.7)

c. Receivables rise by $1.80 million as it determines the remaining balance which ultimately increased the receivable balance

d. Inventory declined by $1.7 million as the order is filled which ultimately declines the stock

e. The cash would rise by $1.4 million

= Earnings - receivable + inventory

= $1.5 million - $1.80 million + $1.7 million

= $1.4 million

4 0

3 years ago