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Semenov [28]
3 years ago
7

Refrez Inc., a U.S.-based cereal manufacturer, begins selling its products in China. While people in the United States eat cerea

l with cold milk, the people of China eat cereal with hot milk. Refrez Inc. believed that everyone used cold milk with cereal and did not modify its product according to people's preferences. As a result, it witnessed a decline in sales in China. In this scenario, what was the obstacle to defining the research problem?
Business
1 answer:
STALIN [3.7K]3 years ago
6 0

The obstacle to defining the research problem was that the company failed  in collecting quantitative data /Selection of inappropriate respondent resulted in wrong output.

Explanation:

A research design is a blue print that a company prepares for conducting  marketing research .

A firm collects quantitative data by conducting surveys and asking the customers or consumers to fill the forms (questionnaires).These surveys and questionnaires helps the company in making product related decision in various markets.(i.e how to customize the product as per the taste and the preferences of the consumers)

<u>The obstacle to defining the research problem was that the company failed  in collecting quantitative data /Selection of inappropriate respondent resulted in wrong output.Hence the company Refrez Inc failed to acknowledge the fact that people in the United States eat cereal with cold milk, whereas the people of China eat cereal with hot milk.</u>

As a result, Refrez Inc witnessed a decline in sales of its product in Chinese market .

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International business research is only beginning to develop theory and evidence highlighting the importance of supranational regional institutions to explain firm internationalization. In this context, we offer new theory and evidence regarding the effect of a region's "institutional complexity" on foreign direct investment decisions by multinational enterprises (MNEs). We define a region's institutional complexity using two components, regional institutional diversity and number of countries. We explore the unique relationships of both components with MNEs' decisions to internationalize into countries within the region. Drawing on semiglobalization and regionalization research and institutional theory, we posit an inverted U-shaped relationship between a region's institutional diversity and MNE internationalization: extremely low or high regional institutional diversity has negative effects on internationalization, but moderate diversity has a positive effect on internationalization. Larger numbers of countries within the region reduces MNE internationalization in a linear fashion. We find support for these predicted relationships in multilevel analyses of 698 Japanese MNEs operating in 49 countries within 9 regions. Regional institutional complexity is both a challenge and an opportunity for MNEs seeking advantages through the aggregation and arbitrage of individual country factors.
3 0
3 years ago
When customers start getting sick after eating at a popular new restaurant, the management is worried. The Centers for Disease C
Naddik [55]

A majority decision strategy would be most effective in this situation.

Explanation:

The concept of majority is a system of judgement which chooses alternatives that have a majority, which means more than half the votes.

It is the conditional decision concept used in leading policy-making bodies most often.

The majority oppression (or collective tyranny) is a flaw that is undoubtedly implicit in majority government, in which the majority of voters seek their own interests at the expense of those within the minority exclusively.

So in this scenario , the restaurant management should take everyone's decision and the majority should be executed.This is the best choice to take quickly.

6 0
3 years ago
When being interviewed, why is it important to not dwell on any weaknesses or negative information? Explain.
____ [38]

Answer: You shouldn't dwell on any negatives and weakness because you want to be truthful but also not show that you cant compose yourself and then it shows that your unable to service the job correctly.

Explanation:

8 0
3 years ago
When entering into a new partnership, a good strategy is to:?
tresset_1 [31]
Not argue and listen to  one another
8 0
3 years ago
A small company that makes hand-sewn leather shoes has fixed costs of $320 a day, and total costs of $1200 per day at an output
anastassius [24]

Answer: c = 44x + 320

Explanation:

Based on the information given, the cost of materials used in the shoe is a variable cost and this will be:

= Total cost - Fixed cost

= $1200 - $320

= $880

Since there are 20 shoes, the cost if materials used per shoe is: = $880/20 = $44

Then the total cost equation will then be:

c = 44x + 320

where,

C = Total cost incurred in a day

x = Number of pair of shoes made in a day.

Therefore, the correct option is A.

3 0
3 years ago
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