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sveta [45]
3 years ago
9

A French cooperative called Sodima allows General Mills to sell Yoplait in the United States in return for a fee, a global marke

t entry strategy known as what?
1. direct investment
2. indirect exporting
3. joint venture
4. licensing
Business
1 answer:
Alex73 [517]3 years ago
3 0

Answer:

The answer is 4. licensing

Explanation:

Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.

In this question, Sodima(a French company) produces Yoplait. Sodima allows General Mills(in United States) to sell its Yoplait in the United States for a fee.

It is known as licensing.

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Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the supply curve for carrots to
Iteru [2.4K]

Options:

<em>a. Shift to the left, causing the prices of carrots to rise</em>

<em>b. Shift to the left, causing the prices of carrots to fall</em>

<em>c. Stay the same</em>

<em>d. The supply curve does not shift. Only the demand curve shifts.</em>

<u>Answer:</u>

<u>a. Shift to the left, causing the prices of carrots to rise</u>

<u>Explanation:</u>

Indeed, going by the law of supply and holding all other factors constant, we would expect the supply curve to shift to the left, which implies that there would be an increase in the price of carrots.

What this means is that because there are now fewer carrots in the market as a result of the effects of the bad weather, there would be scarcity and so sellers would increase prices.

3 0
3 years ago
Maria, the vice president of sales for an international organization, believes that employees in her foreign offices understand
wolverine [178]

Answer: (B) Polycentric

Explanation:

  A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.

The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.

According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.

5 0
2 years ago
Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for
V125BC [204]

Answer:

1,500 units; 1,000 units

Explanation:

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit

Fixed cost = $160,000

Sales Mix = 60% of X + 40% of Y

                = 0.6X + 0.4Y

So,

Contribution Margin of the Mix:

= (60% × contribution margin of X) + (40% × contribution margin of Y )

Contribution Margin of the Mix per unit:

= (60% × 80) + (40% × 40)

= 48 + 16

= $64

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit  

                                            = 160,000 ÷ 64

                                            = 2,500 unit

At the Level of break even :

Unit of X at break-even:

= 60% of 2,500

= 1,500 units

Unit of Y at break-even:

= 40% of 2,500

= 1,000 units

3 0
3 years ago
The number of shares issued represents the number of shares ______. Multiple choice question. the company is allowed to sell sol
skad [1K]

Answer:

sold

Explanation:

6 0
2 years ago
Costs and benefits that should be ignored when making decisions are called ______ costs and benefits.
miskamm [114]

The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.

8 0
2 years ago
Read 2 more answers
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