Answer:
Determination of points that represent pressure for cost reduction and those that represent pressure for local responsiveness:
A. Pressure for cost reductions:
3. Outsourcing
4. Universal Needs
6. Optimal Location
8. Experience Curve
B. Pressure for local responsiveness:
1. Differences in Infrastructure
2. Differences in Preferences
5. Distribution Channels
7. Host Government Demands
Explanation:
Local responsiveness to international strategies arises from differences in customer preferences, differences in traditional practices and infrastructure, differences in distribution channels, and from host government demands. The rest, including the need for outsourcing, meeting universal needs, finding optimal locations, and gaining from experience curves, originate from the entity's efforts to reduce costs of products and services for market competitiveness.
The answer is <span>Magnuson-Moss Warranty-Federal Trade Commission Improvement Act. This act was created by Congress that deals with warranty issues among manufacturers and buyers. This act was not made to force manufacturers to give out warranties, but it ensures buyers what they can avail in case of issues with the products.</span>
Answer:
A) key
Explanation:
Key account management is a sales approach used to build long term relationships with important customers. The term key account represents those customers who are strategic for your business, generally for the amount of business carried out or how public the business relationship is.
Companies that use this approach generally allocate important resources to handling key accounts and expanding the business relationship. That is why their most important salespeople are generally the key account managers.
Answer:
The total cost to produce a bottle of pill is $5
Explanation:
Break-even in unit is calculated by dividing the fixed costs by contribution per unit.
Here the breakeven is given in terms of bottles thus our unit is bottles.
Plugging in the values,
200000 = 1000000 / CM per unit
CM per unit = 1000000 / 200000
CM per unit = 5
Contribution per unit is calculated as the Selling price per unit - variable cost per unit.
If selling price per unit is $10, then variable cost per unit will be:
CM per unit = SP -VC
5 = 10 - VC
VC = 10 - 5
VC = 5 per unit
The total cost to produce a bottle of pill is $5 as the fixed cost will vary depending on the number of units produced thus the actual cost that every one unit of bottle requires is $5.
Answer: (A) Benefit segmentation
Explanation:
The benefit segmentation is one of the type of market segmentation process in which the the market is divided into the different types of group on the basis perceived values and the similar benefits of the products.
We can also divide or segmentation the market on the following basis that are as follows:
- Customer service
- On the basis of quality
- Performance
- Features
According to the given question, the Fast food is one o the type of company which uses the business strategy by dividing the market for the purpose of increases the productivity and growth of the company by using the benefit segmentation process.
Therefore, Option (A) is correct answer.
