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3 years ago

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

2 answers:

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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 <u>"direct investment in Indias market and joint venture with local businesses".</u>

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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A fast-food restaurant has determined that the chance a customer will order a soft drink is 0.90. The proba- bility that a custo

azamat

Answer:

(a) The probability that the order will include a soft drink and no fries is 0.45.

(b) The probability that the order will include a hamburger and fries is 0.48.

Explanation:

Let the events be denoted as follows:

S = an order of soft drink

H = an order of hamburger

F = an order of french fries.

Given:

P (S) = 0.90

P (H) = 0.60

P (F) = 0.50

(a)

It is provided that the event of ordering a soft drink and fries are independent.

If events A and B are independent then the probability of event (A ∩ B) is:

$P(A\cap B)=P(A)\times P(B)$

Compute the probability that the order will include a soft drink and no fries as follows:

$P(S\cap \bar F)=P(S)\times P(\bar F)\\=P(S)\times[1-P(F)]\\=0.90\times (1-0.50)\\=0.45$

Thus, the probability that the order will include a soft drink and no fries is 0.45.

(b)

It is provided that the conditional probability that a customer will order fries given that he/she has already ordered a hamburger as, P (F|H) = 0.80.

The conditional probability of an event B given another event A has already occurred is:

$P(B|A)=\frac{P(A\cap B}{P(A)}$

Compute the probability that the order will include a hamburger and fries as follows:

$P(F|H)=\frac{P(H\cap F)}{P(H)}\\P(H\cap F)=P(F|H)\times P(H)\\=0.80\times 0.60\\=0.48$

Thus, the probability that the order will include a hamburger and fries is 0.48.

6 0

3 years ago

During its most recent fiscal year, Dover, Inc. had total sales of $3,340,000. Contribution margin amounted to $1,570,000 and pr

MariettaO [177]

Answer:

d) $1,065,000

Explanation:

5 0

3 years ago

Patricia, a professional gambler, had the following income and expenses in her business: Gambling winnings$275,000Expenses Fees

Yuliya22 [10]

Answer:

C. $258,000.

Explanation:

The computation of the net income reported is shown below:

= Gambling winnings - Travel costs - Office expenses - Supplies - Business long-distance phone charges

= $275,000 - $8,000 - $5,000 - $3,000 - $1,000

= $258,000

For computing this we ignored the illegal cost related to the illegal parking and the illegal information

5 0

3 years ago

) What is the definition of business research? A) The process of analyzing secondary information and providing executives with t

Alisiya [41]

Answer:

The correct answer is option D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.

Business research can help organizations to come up with solutions that can help them grow out of problems related to any section of the business. Enough data needs to be collected so the problem can be analysed properly and the solution can be figured out in a productive manner.

6 0

3 years ago

James Dodgsen is a student in a graduate course in business. The professor in the course has given Dodgsen and his classmates a

nikdorinn [45]

Answer:

d. Dodgsen has been dishonest.

Explanation:

Looking at the scenario in the question above, it is possible to say that James Dodgsen was dishonest in copying Jane's responses.

This question leads us to the conclusion that Dodgen's schedule lacked organization. As much as he was prepared for the other classes and having just coincided with a surprise test when he couldn't find time to study the content of that class specifically, there is a problem looking at his classmate's answers when the test given by the teacher was individual guidance.

The organization of the agenda is essential for a student of business administration, since the corporate environment consists of the functions of organizing, commanding, coordinating and controlling, therefore there must be established times for each task of daily fulfillment, whether in a personal or professional environment. , so that there is a greater possibility of fulfilling the essential tasks and the established objectives are properly achieved

7 0

3 years ago