Answer:
C) deciding which market-entry strategy is best
Explanation:
- Global marketing is a marketing principle to satisfy the varied needs and the wants of different people living across the national borders and to undertake the marketing activity is more than one nation.
- Deciding in the market entry strategy is a must to focus on the target markets and creation and management and establishment of the contracts in a foreign nation.
- <u>The company that makes organic and landscape supplies should first decide which technique to apply as in order to get maximum benefits such as the economies of scale, lower market costs, ability to leverage ideas, benefits of e-marketing and helps to establish relationships with the political arenas.
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Answer:
False
Explanation:
In a perfectly competitive market the sales revenue is based on pricing also. As the pricing policy also plays an important role in the marketing technique to attract customers.
As the quality served is generally the same in the market, there is no issue in that but when the price is reduced expected sales will increase and accordingly the expected revenue also increases.
As the sales is expected to increase the revenue will also increase accordingly, even though the price is reduced, due to increase in sales quantity the expected change shall not be same as that of the change in price.
Thus, the statement is False.
Answer: (1) Option (A) is correct.
(2) Option (A) is correct.
Explanation:
(1) Dumping refers to the term that is mostly used in the international trade. When a country exporting a certain commodity in the foreign country at a lower price than it will be sell in a domestic market, is known as dumping.
But according to the world trade organization it is legal unless the importing country will be able to show the negative effects on their domestic producers from the exporting country.
(2) An antidumping duty is a type of protectionist tariff that a foreign country uses to discriminate against imports because government of the foreign country believes that price is too below the fair market price.
Hence, country A export steel at a lower price to country B than it is in the domestic market of country A. So, country B alleged that country A dumping steel into country B.
That's why, the government of country B implemented an antidumping duty of 20% on the imports from country A.
Answer: d. founder: second-stage entrepreneur
Explanation:
The founder is the person who initiates the business therefore John in this scenario is the founder of the business.
A second-stage entrepreneur is the person who takes over the business after the company leaves its initial startup phase. As Larry now runs the business even though John founded it, Larry would rightly be classified as a second-stage entrepreneur as he runs the business after the startup phase where John founded it.
Answer:
Decrease cash; increase supplies.
Explanation:
The accounting equation is shown below:
Total assets = Total liabilities + Shareholder's equity
In the given transaction, the office supplies were purchased for $100 and it is paid immediately which means the balance of supplies is increased and the cash balance is decreased.
It gives a positive impact on the office supplies account and a negative impact on the cash balance under the current assets.