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n200080 [17]
3 years ago
8

Simone Lowes, a successful retail chain from Spain, failed to establish its market in Germany. The main reasons for its failure

were designing its retail outlets in Germany the same way it did in Spain and selling its products at low prices. People in Spain like to purchase products at bargain prices, whereas people in Germany often associate low prices with poor quality products. This shows that Simone Lowes failed to consider which uncontrollable factors in Germany?
Business
1 answer:
cupoosta [38]3 years ago
3 0

Answer:

Cultural influences

Explanation:

Simone Lowes failed to consider cultural influences in Germany, and specially the differences between German customers and Spanish customers. Cultural adjustment is vital for a successful foreign expansion, but it is also a very challenging task. Since the corporation is unfamiliar with the foreign market, they tend to use the same reference frames as they do on their local markets, and sometimes that may lead to failures.

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7 0
3 years ago
According to ________, how much people are willing to contribute to an organization depends on their assessment of the fairness
nordsb [41]

Answer:

The equity theory

Explanation:

Equity theory which was bring to light in the 1960s, focus on the fair balance between benefit people derive or employee output and their contribution or employee input accordingly. This theory is usually referred to as Adams' Equity Theory. It calls for fair reward in exchange to an input.

Therefore, the right statement is "According to The equity theory, how much people are willing to contribute to an organization depends on their assessment of the fairness of the rewards they will receive in exchange".

8 0
4 years ago
You just won the grand prize in a national writing contest! As your prize, you will receive $1,000 a month for 15 years. If you
skelet666 [1.2K]

Answer:

The prize is worth $111,258.73.

Explanation:

Giving the following information:

Cf= $1,000 a month

Interest rate= 0.07/12= 0.005833

Number of months= 15*12= 180

First, we need to calculate the final value:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {1,000*[(1.005833^180) - 1]} / 0.005833

FV= $316,951.28

Now, the present value:

PV= FV/(1+i)^n

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PV= $111,258.73

6 0
3 years ago
Heather's interest and gains on investments for the current year are as follows: Interest on Madison County school bonds $600 In
Dmitry_Shevchenko [17]

Answer: $1400

Explanation:

The amount of gross income that Heather must report will be the addition of the interest on the US government bonds, the interest on the federal income tax refund and the gain on the sale of Madison company school bonds. This will be:

= $700 + $200 + $500

= $1400

Therefore, Heather must report gross income in the amount of $1400. The correct option is D.

4 0
3 years ago
Name the institution that investigates anti-competitive behaviour on companies in south africa​
HACTEHA [7]

Explanation:

the competition committee of southafrica, set up in the year 1989 by the southafrica government under the competition act to empower to investigate, control and restrict business, abuse of dominant positions and merges in order to achieve equity and efficiency in the southafrica economy.

4 0
3 years ago
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