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Umnica [9.8K]
3 years ago
14

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. Whe

n high pressures exist to adapt locally, companies should choose a(n) ________ strategy or ________ strategy in order to compete in the global marketplace.
Business
1 answer:
Airida [17]3 years ago
6 0

Answer:

Global strategy; Transnational strategy

Explanations:

Companies should choose a global strategy or transnational strategy

A global strategy is a technique used by a firm to expand and compete in the global market. It is the plans made by a firm to grow beyond it's border.

Global strategy covers three other strategies

1. International strategy

2. Multinational strategy

3. Global strategy

A firm adopt global strategy in order to increase its sales of products and Profit.

Transnational strategy is a technique which allows firms to expand sales of goods and services while taking into consideration the difference in culture of people.

Transnational occurs when a company in China wants to expand to other countries like Nigeria. For China to have a smooth operation, it must first take into cognizance our culture and believe.

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Which VALS segment is most likely to have a top of the line brand new (2015) SurfaceTM Book--the Ultimate Laptop--from Microsoft
padilas [110]

Answer:

correct option is a. Innovators

Explanation:

solution

As here VALS some are as

  1. high resources : Innovators
  2. ideal : thinker and believer
  3. achievement : achiever and strivers
  4. self expression : experiences and maker
  5. low resources :  survivors

sop here Innovator segment is most likely feature in the VALS segment  to have a top of the line brand new Surface TM Book

so here correct option is a. Innovators

3 0
3 years ago
Excerpts from Huckabee Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receiv
Setler79 [48]

Answer:

71.57 days

Explanation:

For computing the average collection period first we have to determine the account receivable turnover ratio which is shown below:

Account receivable turnover ratio = Credit sales ÷ average accounts receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($75,000 + $83,000) ÷ 2

= $79,000

And, the net credit sale is $403,000

Now put these values to the above formula  

So, the answer would be equal to  

= $403,000 ÷ $79,000

= 5.10 times

Now

Average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 5.10 times

= 71.57 days

5 0
3 years ago
The situation where the buying power of money in terms of goods and services increases is called:_____
Alla [95]

The situation where the buying power of money in terms of goods and services increases is called <u>deflation</u>

In economics, deflation is a general decline in the price level of goods and services. Deflation occurs when inflation falls below 0% (negative inflation). Inflation depreciates a currency over time, while sudden deflation increases it. As a result, more goods and services can be purchased with the same currency than before. Deflation is different from disinflation, which is a slowdown in the rate of inflation. H. Inflation is declining but still positive.

Economists generally consider sudden deflationary shocks to be a problem in the modern economy. This is because the real value of debt increases, especially if deflation occurs unexpectedly. Deflation can also exacerbate the recession and lead to a deflationary spiral.

Learn more about deflation  here: brainly.com/question/13562161

#SPJ4

6 0
2 years ago
When a company performs an activity quite well and that activity is central to its strategy and competitiveness?
Verdich [7]
<span>A core competence is an activity that a company performs quite well and that is also central to its strategy and competitiveness. A core competence is a more important resource strength than a competence because it adds power to a company's strategy and has a bigger positive impact on its competitive strength and profitability</span>
5 0
3 years ago
Which financial transaction is associated with the home rental process?
Bezzdna [24]
During a home rental process you must place a security deposit down in order to rent the home. You also sometimes will have to pay a couple months rent in advance.
3 0
3 years ago
Read 2 more answers
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