All categories

3 years ago

The first step a domestic firm takes when entering an international arena is usually to create an international division.

Business

1 answer:

vodomira [7]3 years ago

4 0

Answer:

The answer is: False

Explanation:

Whenever a company wants to go international it has a lot work to do before creating an international division. Several things must be done before, mostly research, for example:

Research if your product is know overseas, is there any possible market for it, are there any restraints for your products in those new markets.
Any legal constraint or logistical problem you have to consider.
Any local competition you have to worry about.
Does your product fit in a new culture.
And very many etceteras.

That should all be done before considering spending money on creating an international division.

Probably when the internet didn´t exist, communications were scarce, no Tv existed, people in one country didn´t know anything about other cultures, etc., a comp nay would have first created an international division to scout foreign markets but right now it doesn´t make sense.

You might be interested in

Select all the correct answers.

uysha [10]

All of the given questions are part of the critical questions that entrepreneurs need to ask themselves. Being an entrepreneur needs a lot of thinking and planning and these questions should be taken into account. Running a business would include the location fit for the type of business you have, the structure of your business, how you recruit workers and the incentives you give them, and most importantly, your capital.

6 0

3 years ago

Rick works off commission. He earns 10 percent of all manufacturing equipment he sells. If he made a sale of $9,000, how much wa

Leto [7]

Answer:

C. $900

Explanation:

Divide your 9000 by 10 and theres your answer 900

5 0

3 years ago

Selecting a base year and expressing each amount as a percent of the base year amount is called:

Sliva [168]

The process of selecting a base year and expressing the amount as a percent of the base year amount is referred to as trend analysis. Percentage change can be calculated between two periods or over a longer period of time.

Percentage change between two periods:

Subtract the earlier year from the later year. A negative difference means the change is a decrease. A positive difference means it is an increase. Then divide the change by the earlier year's balance.

Percentage change over a longer period of time:

1. Select the base year.

2. Divide the amount in each nonbase year (for each line item) by the amount in the base year and multiply by 100.

4 0

3 years ago

The term "stuck in the middle": Group of answer choices means that the firm’s cost structure is not low enough to allow it to at

Mekhanik [1.2K]

Answer:

The correct answer is the option A: means that the firm's cost structure is not to low enough to allow it to attractively price its products and that its products are not sufficiently differentiated to create value for its target customer.

Explanation:

To begin with, the term called ''stuck in the middle'' is known in the business world for the main reason of being stuck in a situation where the costs of the firms are to high to allow them to have competitive and attractive prices and and that also these companies do no differentiate their product enough in the way to generate value to the customer they want to reach and therefore it is said that these firms are stuck in the middle due to the fact that they can not improve their benefits because of their high cost structure and low differentation.

8 0

3 years ago

Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house

aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars Amount Amount

Opening Inventory Of Materials $4,000

Add: The Purchase of Direct Materials $25,600

Direct Material available $29,600

Subtract: Closing Inventory of materials ($2600)

The Direct Material Used for the year $27,000

Add:

Direct Labour Cost $472,500

Variable Overhead Cost $15,000

Fixed Overhead cost $18,000

$505,500

The Cost of Services of HHH Inc $532,500

7 0

3 years ago