The deep-rooted and pervasive beliefs and stereotypes held by Chinese car buyers toward different brands illustrate the importance of assessing marketing factors when entering foreign markets. The Chinese judge other non-Chinese brands simply because they are NOT Chinese. They believe that these brands have substandard quality, thus, they don't like buying them.
Answer:
Micro marketing
Explanation:
The act of tailoring stuff for each individual customer is called micro marketing. It is designed to satisfy a small section.
If the product were not tailor made (same for all) yet targeted to a very selected section of the market, it would have been niche marketing.
The aspect of 'tailoring' products for the individuals is what differentiates between niche and micro marketing.
Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy, also known as Roosevelt Corollary.
<h3>What was the Roosevelt Corollary's principal effect?</h3>
The corollary said that not only were the countries of the Western Hemisphere closed to colonization by European powers, but that it was the United States' duty to uphold law.
<h3>When was big stick diplomacy used?</h3>
The Roosevelt Corollary to the Monroe Doctrine is the name given to President Theodore Roosevelt's forceful attitude to the countries of Latin America and the Caribbean. This strategy has frequently been referred to as the "Big Stick."
To know more about Big Stick, visit:
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Answer:
The journal entry that Franz would make to record payment of this note would include:
credit to Note Receivable for $5,000
credit to Interest Revenue for $25
debit to Cash for $5,025
Explanation:
Franz Co. accepted a 30-day, 6% note in the amount of $5,000 from Bria Co., on January 1.
The amount of the interest per year = 6% x $5,000 = $300
The amount of the interest per month = $300/12 = $25
On January 31, the due date of the note, Bria honors the note and pays in full. The journal entry to record the collection in Franz Co. :
Debit Cash $5,025
Credit Note Receivable $5,000
Credit Interest revenue $25
Answer:
The answer is $5,016,700
Explanation:
Cash collected from customers is:
Revenue $5,050,000
Less: Increase in accounts receivable
Revenue is
Receivables at the beginning of the year is $321,000
Receivables at the end of the year is $354,300
There is an increase in the accounts receivable and the increase is
$354,300 - $321,000
$33,300
Therefore, amount collected from customers is:
$5,050,000 - $33,300
=$5,016,700