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Flauer [41]
3 years ago
5

The competitive strategy of a firm pursuing a "think global, act local" approach to strategy making: Select one: a. Entails litt

le or no strategy b. Usually involves cross-subsidizing the prices in those markets where there are significant country-to-country differences in the product attributes in which customers are most interested c. Involves selling a completely standardized product worldwide, but varying a company’s use of distribution channels and marketing approaches to accommodate local market conditions. d. Is essentially the same in all country markets where it competes, but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.
Business
1 answer:
Ad libitum [116K]3 years ago
7 0

Answer:

Option (d) is correct

Explanation:

Globalization refers to integration of a country's economy with that of the world economy. Owing to the concept of globalization, the concept of multi national corporations and outsourcing has witnessed a drastic rise. Due to this, no firm can stay confined till domestic boundaries and at a certain point to serve expansion, has to think globally.

The concept of "think global and act local" means, a firm should ideally expand and make it's products available across the globe. Yet, at the same time, the products must meet and comply with local market requirements i.e same standardized product cannot be served in all countries.

For example, MTV the renowned music channel is available for viewing in almost all countries. Yet, it's programs and music content is not same and differs from country to country.

Thus, such a strategy encompasses same strategy in all countries with room for necessary modifications, so as to satisfy local buyers and serve local markets in the best possible manner.

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A negative net present value means that the___________
Temka [501]

Answer:

D : project's rate of return is less than the required rate of return.

Explanation:

Net present value (NPV) is a projects evaluation technique that analyzes the present values of predicted future revenues and expenses. In other words, NPV is the current value of future inflows minus costs.  In calculating the NPV, future values are discounted with an appropriate discount rate to give the present value.

The NPV can be a positive, zero or negative. Projects with positive  NPV are preferred because they are considered profitable.  A negative NPV signals that the present value of the expected inflows is lower than the current value of the projected cost at the required discount rate. If the discount rate is maintained, the project is a loss-making venture.

The use of a very high discount rate may give any projects a negative NPV.

6 0
3 years ago
James reported to the board of directors that it would be unlikely for them to expand the manufacturing facility in Brussels, Be
Alexus [3.1K]

Answer:

Foreign uncontrollable  environmental  elements

Explanation:

The unwritten rule is a foreign uncontrollable environmental element that affects the cultural environment of the factory. As a manager, James cannot control or influence this type of events or circumstances, and instead must adapt his facility's operations.

4 0
3 years ago
Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowe
zhannawk [14.2K]

Answer:

$520,000

Explanation:

Kela corporation reports a net income of $450,000

The depreciation is $70,000

A cash of $50,000 was borrowed on a 5-year note payable

Therefore, the total cash inflows from operating activities can be calculated as follows

= Net income+depreciation

= $450,000+$70,000

= $520,000

Hence the total cash inflow from operating activities is $520,000

8 0
2 years ago
bob katz and sally mander are a married couple with four children. total wages for 2018 equaled $102,400. stock which had been p
xxTIMURxx [149]

Answer:

Bob Katz and Sally Mander

Taxable Income for 2018:

= $78,200

Explanation:

a) Data and Calculations:

Total wages =                  $102,400

Gain from sale of stock =     5,200

Interest income =                      100

Total income =                 $107,700

less total deductions =     (29,500)

Taxable Income =            $78,200

b) Bob Katz and Sally Mander will have taxable income of $78,200 when the appropriate rate of tax is applied and the tax liability obtained, then the $1,500 tax credit will be deducted before arriving at the tax liability due.  

c) The short-term capital gain of $5,200 is taxed as ordinary income.  Since it is held for less than a year, it will be included in the taxable income for that year and it follows the same tax brackets as ordinary income.  On the other hand, the long-term capital gain of  $13,000 will attract a tax rate of 0 percent for a taxable income of $78,200.  Otherwise, it will attract a tax rate of 15 percent or 20 percent, depending on income level. This means that long-term capital gains tax rates are much lower than the ordinary income tax rate.

8 0
3 years ago
In the market for financial capital, ________.a. those who demand financial capital receive interest on loans. b. those who supp
Flauer [41]

Answer:

The answer is C.

Explanation:

In financial market, it is the money that customers save that is available for loans. So customers supply money for loan into the financial market, and the demand for this money makes loan.

The financial markets help to save money for the future and to borrow money for current use.

3 0
3 years ago
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