Answer:
C. continually alter, adapt and develop products to keep pace with changing consumer needs.
Explanation:
There are several firms or businesses, competing to have largest market share in terms of product and service ofering, and revenue generation. In this modern times, the mode of operations of these businesses are changing in order to have an edge over others and to meet up with changing consumer demands.
For a business to have an edge over its competitors, it must;
-Do more in terms of having tools, modern technology to produce quality and unique products so as to stand out among others.
-Skills development. As a business, there must be training and retraining of staff and business owners in order to acquire skills required to drive the business profitably.
-Continually alter, adapt and develop products to keep pace with changing consumer needs.
-Employ people who are sound emotionally. This is a skill that will drive the focus and objective of the business.etc
Answer:
a. equivalent annual cost.
Explanation:
In the case when the annuity payment stream on annually basis contains the similar present value as compared with the initial investment of the project so this we called as equivalent annual cost
It is term as equivalent to devlop a cash flow in a cash flows stream via project life
Therefore the option a is correct
And, the rest of the options are incorrect
Answer:
Create a list of the things that you found to be different than what you expected during your visit and plan some strategies for adjusting to these differences.
Explanation:
This will help in planning and adjusting better and be careful.
Consider other option like 'focus your efforts on closing out all of your remaining projects and commitments related to your current position to get ready for your overseas assignment' is not related with any cultural adjustment. Which according to the exercise is the most effective aproach to solve the problem.
Answer:
licensing
Explanation:
Based on the scenario being described within the question it can be said that the entry method that Cho seems to be pursuing is known as licensing. This is a market entry strategy in which a company grants permission to another company in a different country in order for it to use the granting company's intellectual property for a specific period of time.
