1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jekas [21]
2 years ago
12

This activity is important because as world trade has grown, more companies have entered the global market. Once a firm decides

to enter the global market, it must choose which means of market entry is the most appropriate. The global market entry strategies vary greatly on the dimensions of financial commitment, risk, marketing control, and profit potential. The goal of this exercise is to demonstrate your understanding of the different types of global market entry strategies: exporting, licensing, joint venture, and direct investment.
Match the correct global market entry strategy with the followings.

a. Indirect Exporting
b. Direct Exporting
c. Licensing
d. Franchising
e. Joint Venture
f. Direct Investment

1. Moodmatcher lipstick
2. Boeing
3. Yoplait
4. McDonald's
Business
1 answer:
Ann [662]2 years ago
6 0

Answer:

Matching the correct global market entry strategy with:

1. Moodmatcher lipstick  = b. Direct Exporting

2. Boeing  = b. Direct Exporting

3. Yoplait  = d. Franchising

4. McDonald's = d. Franchising

Explanation:

a) Global market entry strategies;

a. Indirect Exporting

b. Direct Exporting

c. Licensing

d. Franchising

e. Joint Venture

f. Direct Investment

Most of the globalized entities enter the global market space through direct exports to consumer countries.  Some others engage in licensing and franchising, joint venture and indirect exports of their products and services to non-domestic countries.  Huge revenues are earned through global trades.  Some companies like MTN headquartered in South Africa earn more revenue in foreign markets than in their domestic markets.

You might be interested in
A group of users can perform certain operations on a shared workbook. Which option helps them to update and track changes in the
Radda [10]

Answer: Edit option allows everyone in a group to edit the contents work

Explanation:

Hope it helps

6 0
3 years ago
What are three important skills for teamwork and collaboration?
Gelneren [198K]
1. Communication
2. Loyalty
3. Honesty
7 0
3 years ago
Which of the follow top-down methods is used when projects closely follow past projects in features and costs and result in cost
Citrus2011 [14]

Answer:

Apportion

Explanation:

Apportionment method is also known as analogous estimating, uses historical data of past projects that are relatively standard to allocate duration and costs to various segments of the current project.

This is performed by assigning percentages of the total planned duration or costs to each segment .

7 0
3 years ago
A multiconcept restaurant incorporates two or more restaurants, typically chains, under one roof. Sharing facilities reduces cos
krek1111 [17]

Answer: The Multiconcept restaurant is beneficial to both restaurant chains

Explanation:

If they share resources then they are saving 30% in fixed costs even though they are losing 20% in sales.

If the losses in sales are subtracted from the savings in fixed costs, it means that both Taco Bell and KFC are benefitting by 10%.

This shows that the decision to open a shared facility versus two separate facilities is beneficial to both restaurants on a net benefits basis as the savings in fixed costs from sharing facilities outweighs the losses in sales probably resulting from not offering a full menu.

8 0
2 years ago
Candy and Sarah own and operate a small restaurant. On a weekly basis, they go to their local Sam's Wholesale Club to purchase t
Natalka [10]

Answer:

The correct answer is Cash and Carry.

Explanation:

Cash and carry ("Buy (take) and take (it)") is considered a commercial formula similar to an economato, evolved from traditional wholesale, with the particularity of addressing only and exclusively professionals (independent retailers and hoteliers) and operate on a free service basis. The retailer travels to the location of the wholesaler, chooses the items he needs, pays them and transports them, in front of the conventional procedure of placing the order to the wholesaler, so that he can transport it and serve it in the establishment of the retailer.

The concept of "Cash and Carry, wholesale self-service", is a commercial formula adapted to the needs of certain retailers, restaurants, cafes, hotels and other service providers, such as some institutions (HoReCa Sector, Hotels-Restaurants-Caterers). It is basically designed for professionals in the HoReCa sector, but it also accepts clients that are large consumers, such as institutions or educational centers.

In summary:

It is a wholesaler; that is, it never sells to an end consumer. To access a Cash and carry establishment, you must have a card or identification that proves the status of a retailer.

It has a commercial policy based on price and continuous offers.

Know your customers, their consumption and needs well.

4 0
2 years ago
Other questions:
  • The employees of eco engineering inc. share company-related resources among multiple computers without requiring a central netwo
    12·1 answer
  • Which of the following items is not a product cost?
    7·1 answer
  • Which of the following might explain the evidence of an endowment effect in behavioral economics?A) Government regulation B) Kno
    10·1 answer
  • In the context of fixed-quantity systems,__________is defined as the on-hand quantity (oh) plus any orders placed but which have
    9·1 answer
  • If a bank is offering a higher interest rate of return to investors, the MOST LIKELY impact on borrowers from the same bank is
    8·1 answer
  • An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of
    7·1 answer
  • Do you have, or have you ever had test-taking anxiety? What strategies will you use to manage test anxiety?​
    7·1 answer
  • WILL BE MARKED BRAILIEST!!
    9·1 answer
  • The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the fol
    8·1 answer
  • What would bill fall under, he applied and acquired for a new credit card and uses it regularly?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!