1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
victus00 [196]
3 years ago
9

1. Assume that Bob Burn, a CEO of Global Foods, Inc. asks his board of directors to approve a decision to enter the soft drink b

usiness (energy drink business).
What arguments can he make to convince his board to approve his proposal in regards to the following:
2. How to produce
3.
4. For whom to produce
5. What price to charge
6. Elasticity
7. Government rules and regulations specially if he wants his factory to be in Czech Republic
Business
1 answer:
Eddi Din [679]3 years ago
6 0

Answer:



Explanation:

1. First of all we should clearly decide which technique we are going to use while producing the soft drinks. Soft drinks should be prepared accordingly with the safety standard fixed by the European Food Safety Authority (EFEA) as Czech Republic is the part of the Euro Zone. Soft drinks should have the health ingredients of natural fruit juice without any artificial essence. Soft drinks should have the mix of pure fruits juice and pure mineral water. And any toxic and bad micro organism should not mixed with water used for soft drink mix.

2. We need to make research on current taste and preference of the customers all over the world. This research should be done nook and corner of the world in order to compare the choice of the people towards one flavor of soft drinks. After doing field study of consumers pulse, we need to search for the wholesaler stockists to whom we should sell the soft drinks with nominal market price. Such wholesaler stockists should know the current market trend of all the products which are dealing in the current global market

3. After deciding the destination for whom to market and produce, then we should decide on fixing the price for the produced products. We should consider the cost of production and also allocate the optimal and reasonable inputs while fixing the prices. We should fix the price accordingly with the marginal cost should not exceed the marginal revenue. And also we should consider the Tax inclusion in fixing the price.

4. Elasticity of the goods must be recokned with the price elasticity of the demand of the produced products. If the demand of the products tends to enhance we should fix the price accordingly for the goods without affecting the purchasing ability of the people.

5. Business registration should be trade office of Czech Republic. The registration procedures should be completed within five days. All registration for the new business set up should be done in Municipal Court in Prague with the fees 12000 .

You might be interested in
Poe Company is considering the purchase of new equipment costing $90,000. The projected net cash flows are $45,000 for the first
Ludmilka [50]

Answer:

NPV = $45,472.30

Explanation:

<em>The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite.  </em>

<em>NPV of an investment:  </em>

NPV = PV of Cash inflows - PV of cash outflow  

PV of cash inflows = 45,000  ×1 .1^(-1) +  45,000 × 1.1^(-2) +  40,000 × 1.1^(-3) +  40,000 × 1.1^(-4)= 135,472.3038

Initial cost = 90,000

NPV = 135,472.3038  - 90,000 =$45,472.3038

NPV = $45,472.30

                             

4 0
3 years ago
Organization that offer products to their customers to earn a profit are known as?
Alexus [3.1K]

An organization that offer goods and services to customers to earn a profit are known as, for profit organizations. A for profit organization is a organization that has a goal to earn profit from their customers.

7 0
3 years ago
Read 2 more answers
You are studying in your dorm room, but your neighbor is blasting the television in the adjacent room. when you gently request t
DiKsa [7]

I guess the correct answer is absolute threshold

You are studying in your dorm room, but your neighbor is blasting the television in the  adjacent room. When you gently request that your neighbor turn the volume down until you  cannot hear it, you are asking your neighbor to make the volume less than your absolute threshold.

6 0
3 years ago
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
Butoxors [25]

Answer:

$5625.60

Explanation:

number of units produced =50 units

direct labour hours 100

direct materials $ 680

Direct labor cost $ 7,000

The unit product cost for Job P951 is;

Direct materials = $ 680

Direct labor cost $ 7,000

variable manufacturing overheads $ 6.00*100=600

total fixed manufacturing overheads= $ 273,000

total costs=$(680+7000+600+273000)=$281,280

unit product cost=$28,1280/50

=$5625.60

5 0
3 years ago
A type of real estate investment that offers diversification and liquidity and that is similar in form to a mutual fund is calle
Alex777 [14]

Answer: REIT

Explanation: A real estate investment trust, REIT, can be defined as an investment firm specialized in securities related to companies operating in real estate industries.

Such trust pool the money from investors and invest it in real estate securities. REIT gives the investors the exposure of real estate in their portfolios and invests like mutual funds.

4 0
4 years ago
Other questions:
  • What is enhanced by skillful organization of the information presented in a report?
    7·1 answer
  • Sweet Corporation owns machinery that cost $23,200 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $
    11·1 answer
  • A. Use the midpoint formula to calculate elasticity of demand for the following data values for product A. Must show work to rec
    6·1 answer
  • Suppose the marginal benefit the owner of a cherry orchard derives from hiring Lauren to pick cherries is $8 per hour. If the wa
    13·1 answer
  • Many states create licensing requirements for a variety of professionals (such as lawyers and accountants) designed to restrict
    9·1 answer
  • Recording Transactions Affecting Stockholders’ Equity
    8·1 answer
  • Rodriguez Paints Inc., a manufacturer of paints and emulsions, owns a user-friendly website. The website allows customers to upl
    12·1 answer
  • You just won the lottery. congratulations! the jackpot is $10,000,000, paid in eight equal annual payments. the first payment on
    6·1 answer
  • A _____ is limited to a select group of suppliers who provide critical high value items to the firm.
    9·1 answer
  • In cash flow estimation, the existence of externalities should be taken into account if those externalities have any effects on
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!