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kherson [118]
3 years ago
9

Gen-Fast Shoes wants to expand internationally and is deciding if its line of tennis shoes can be sold at a high price in Europe

. One way for Gen-Fast Shoes to assess this is to determine whether these types of shoes in the foreign market offer customers greater.
a. cost.
b. exports.
c. value.
d. competition.
e. production.
Business
1 answer:
bezimeni [28]3 years ago
4 0

Answer: value

Explanation:

From the question, we are informed that Gen-Fast Shoes wants to expand internationally and is deciding if its line of tennis shoes can be sold at a high price in Europe.

One way for Gen-Fast Shoes to assess this is to determine whether these types of shoes in the foreign market offer customers greater value.

Value simply means the worth of something. When people realize that the tennis shoes are worth it, it'll command a high value.

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Answer:

arc price elasticity = -1.64

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arc price elasticity = (change in quantity x average price) / (change in price x average quantity)

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  • change in price = $3 - $2.50 = $0.50
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arc price elasticity = (-2,600 x $2.75) / ($0.50 x 8,700) = -7,150 / 4,350 = -1.64

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Global Industries has just issued new appraisal forms to all managers. The company has requested that each subordinate be rated
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Answer: judgemental appraisal method.

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By requesting that each subordinate be rated (performance evaluation) according to how closely the appraisal (pre-determined criteria) describes the employee, the company new form is an example of a judgmental appraisal method.

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