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mixas84 [53]
3 years ago
12

If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local

differences in five different foreign markets, the component of the product component model that is most likely to be under consideration is:
Business
1 answer:
kirill115 [55]3 years ago
4 0

Answer:

Core components

Explanation:

In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.

If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.

The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.

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A company looking to expand internationally with little risk would choose?
leva [86]

Answer:

  • Licensing
  • Franchising

Explanation:

There are no options but Licensing as well as Franchising are some of the least riskiest ways to expand internationally.

With Licensing, the company looking to expand simply sells licenses to various companies in different countries giving them the right to use their image. Basically, the company the license is sold to gets access to the seller's intellectual property but then can run their business with a significant degree of autonomy.

Franchising represents another way to expand with little risk. It involves a company giving a license to another company to sell and sometimes produce their products as well as image rights. The company will give the franchisee (company that gets the license) the knowledge and training required to maintain the franchise and in exchange, franchisee pays a fee.

Both of these methods ensure that the name and brand of a company spread internationally whilst making money from it. Risk is minimized because the investment in other countries is low to nothing.

3 0
3 years ago
List and describe the six major price zones into which women's apparel is divided. what are the major factors contributing to th
sergey [27]
<span>designer/signature
bridge
contemporary
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7 0
3 years ago
The Phelps Company's common stock is currently trading for $25.50 per share. The stock is expected to pay a $2.80 dividend at th
Lynna [10]

Answer:The correct option is C  = 0.98%

Explanation:

Ok so we do 25.50 - 2.80 because its being taken out

then we divide the answer we get by 10

or multiply it by .10

Hope this helps :)

3 0
2 years ago
Gathering information with your eyes is called
Zina [86]
This is called, visual perception.
3 0
2 years ago
Read 2 more answers
According to business process management, identify the management's next step after developing a vision for the organization.
elena55 [62]

Answer:

They should identify the critical processes that are to be redesigned.

Explanation:

Business process management focuses mainly on activities which is directed toward improving the company performance. It involves critically analysing, evaluating and improving various business processes.

Examples of business management tools include: Zoho creator, Pega platform, Bonita Bpm, Processmaker. These various tools helps to cut down different costs, build a stronger customer interaction, helps to develop an edge against competitors, reduce inefficiency among enployees, ensure smooth running of the organisation.

8 0
3 years ago
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