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Harlamova29_29 [7]
3 years ago
15

Which of the following is a main reason for businesses to expand into foreign markets?

Business
1 answer:
Misha Larkins [42]3 years ago
7 0

Answer: A. To build brand value

Explanation:

By moving internationally, corporations have the ability to increase demand for their products, decrease the economic volatility from their home market, and develop new customers. In most cases foreign markets also allow companies to take advantage or larger margins and of less competition.

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Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start his own software business. For
Mrrafil [7]

Answer:

b. −1,002.5

Explanation:

economic profit = accounting profit - opportunity costs

  • accounting profit = revenue - maintenance and insurance = $96,000 - $30,240 = $65,760
  • opportunity costs = the lost salary as a computer programmer + money he could earn by selling the land lot and investing = $48,000 + ($395,000 x 4.75%) = $66,762.50

economic annual profit = $65,760 - $66,762.50 = -$1,002.50

7 0
3 years ago
The export supply curve is the portion of the domestic supply curve below the no-trade equilibrium price. True or false
german
That statement is False

Even though is true that export supply is a portion of the domestic supply, but the moment there's an export of products,  the curve will curve above the no-trade equilibrium price ( which only stated the equilibrium price when there's no international trade) 
8 0
3 years ago
Which act requires that financial institutions must provide a privacy notice to each consumer that explains what data about the
Yakvenalex [24]

Answer:

Gramm–Leach–Bliley Act

Explanation:

The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, (enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the bipartisan passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies. The legislation was signed into law by President Bill Clinton.

5 0
3 years ago
The term product class refers to:________.
Aleks [24]

the industry a set of offerings belongs to.

3 0
3 years ago
47. Specialty stores use a wide variety of products in one product category as their key competitive tool.
leonid [27]

Answer:

<h3>true or if i wrong fulse so </h3>
6 0
3 years ago
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