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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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Batista Company management wants to maintain a minimum monthly cash balance of $19,900. At the beginning of April, the cash bala
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the amount must be borrowed is $8,900

Explanation:

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On January 1, 2018, Baddour, Inc., issued 10% bonds with a face amount of $168 million. The bonds were priced at $147.2 million
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Answer:

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Interest Payable       12,600,000

Net                          160,448,000

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