All categories

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 <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.

You might be interested in

Overhead Applied to Jobs, Departmental Overhead Rates Xania Inc. uses a normal job-order costing system. Currently, a plantwide

sveta [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Department A Department B

Overhead costs (expected) $120,000 $80,000

Normal activity (machine hours) 16,000 5,800

A) To calculate the plantwide overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (120,000 + 80,000) / (16,000 + 5,800)= $9.17 per machine hour

B) We need to use the same formula, but for each department:

Department A:

Estimated manufacturing overhead rate= 120,000/16,000= $7.5 per machine hour

Department B:

Estimated manufacturing overhead rate= 80,000/5,800= $13.79 per machine hour

7 0

3 years ago

PLEASE HELP!

lidiya [134]

Answer:

C. 3;4

Explanation:

A cover letter is sent together with the resume to a potential employer. It details the job an applicant is applying for and their qualification for the position. The cover letter allows the applicant to elaborate on their skills and experiences in relation to the position sought after.

The cover letter is a perfect way to create an excellent first impression on the employer. It should be about three to four paragraphs long.

5 0

3 years ago

The northwoods university it department is planning to buy additional computers for the computer lab. pedro bechara, manager of

Feliz [49]

Not positive, but I would put "influencer" because he is helping with a decision.

6 0

4 years ago

In which of the following market structures would X-inefficiency be most likely to exist?Perfect competition.Monopoly.Oligopoly.

Mademuasel [1]

Answer:

Monopoly

Explanation:

Monopoly is a market structure where only one firm controls the market share and earn abnormal profits. In a monopoly market, a producer or a supplier earn abnormal profits, which is why they don't try to control the cost of production because they can sell the good at any price. This situation where the cost of production increases, it creates X-inefficiency.

6 0

3 years ago

If a company increases its sales price per unit for productâ€‹ a

Effectus [21]

Answer:

TR decreases if Demand is Elastic, TR increases if Demand is Inelastic

Explanation:

Price Elasticity of Demand is the responsive change in price, due to change in price. Elastic demand means demand responds more to price change, Inelastic demand means demand responds less to price change. Total Revenue is the total receipt value from sales = Price x Quantity

If demand is elastic : price & total revenue are inversely related - price increase, demand decrease & price decrease, demand increase.
If demand is inelastic : price & total revenue are directly related - price increase, demand increase & price decrease, demand increase

So, If a company increases its sale price per unit of a product :

Total Revenue would increase as a result of price rise, if demand is Inelastic
Total Revenue would decrease as a result of price rise, if demand is Elastic

7 0

3 years ago