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loris [4]
3 years ago
10

Venus Inc., a manufacturer of canned meat, tried to market its canned beef products in India. Since cows are considered sacred i

n many parts of the country, beef consumption is limited. Since the company failed to consider this factor, its marketing strategy was a failure. This indicates that Venus Inc. did not understand the _____ environment in India.
Business
2 answers:
kaheart [24]3 years ago
8 0

Answer: Cultural

Explanation: Belief, values, attitude, norms or ideas peculiar to a certain group or society which could have stemmed from long standing tradition and behavior could be referred to as culture. Cultural belief remains a major guide in shaping the behavior of inhabitants of certain communities.

In the scenario above, India remains a major country who sttill have much regard and values their culture so much. They consider cultural restraint on certain areas of living as being sacred. Therefore, with Venus Inc. opting to ignore the cultural inclination of the Indian people, The business is will almost certainly fail due to inappropriate marketing strategy which neglects cultural consideration.

Dafna11 [192]3 years ago
4 0

Answer:

cultural

Explanation:

Based on the scenario being described it can be said that this  indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.

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Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:
laiz [17]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales in Units

April 54,000

May 75,000

June 94,000

July 82,000

Desired ending inventory= 20% of the following month’s sales.

The inventory at the end of March was 10,800 units.

<u>To calculate the production for each month, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

<u>April:</u>

Sales= 54,000

Ending inventory= 75,000*0.2= 15,000

Beginning inventory= (10,800)

Total= 58,200 units

<u>May:</u>

Sales= 75,000

Ending inventory= 94,000*0.2= 18,800

Beginning inventory= (15,000)

Total= 78,800 units

<u>June:</u>

Sales= 94,000

Ending inventory= 82,000*0.2= 16,400

Beginning inventory= (18,800)

Total= 91,600 units

Total for the quarter= 228,600 units

4 0
3 years ago
Roberto designers was organized on January 1,2021. The firm was authorized to issue 100,00 shares of $5 par value common stock.
jekas [21]

Answer: the correct answer is D) $250,000

Explanation:

Answers

transactions relating to stockholder's equity

Issued shares 10,000* $7 = $70,000

Issued shares 20,000*$8   = $160,000

net income                            = $100,000

                                                --------------  

Sub Total                                 $330,000  

Debts                              

50,000 dividend                       ($50,000)

3,000 *$10 treasury stock       ($30,000)    

                                                   --------------  

Sub Total                                   ($80,000)

Total   $330,000-$80,000 =  $250,000                                    

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