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kondor19780726 [428]
3 years ago
14

Select the correct answer. What must a company study critically before it expands its business in another country? A. its retail

ers B. its advertising industry C. its culture D. its banking industry
Business
1 answer:
Georgia [21]3 years ago
7 0

Answer:

C. its culture

Explanation:

Culture is a community's way of life. It encompasses the language, beliefs, religions, traditions, social habits, customs, and other general characteristics of that community. Different countries have different cultures. Understanding the culture of the target market will help a business offer relevant products and services.

Before expanding into another country, a business should make efforts to understands the culture of people. For the business to succeed, it must offer products and services that add value to people. Understanding culture will help the company avoid products that conflict with the people's way of life.

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Tom and Sally Jones are preparing to purchase a new car. Tom currently has a Toyota Camry and Sally has a Honda Accord. They now
Julli [10]

Answer:

Demographic, behavioral

Explanation:

Tom and Sally's family life cycle stage is a Demographic segmenting dimension, and the benefit Sally seeks (reliability) is a behavioral segmenting dimension.

4 0
3 years ago
Suppose Tim spends his entire income on hot dogs and hamburgers and consumes at least some of both. Now suppose that the price o
natali 33 [55]

Answer:

D. Tim consumes more hamburgers and fewer hot dogs.

Explanation:

For his utility to remain constant, Tim will neither consume more goods in total, nor spend more money than before.

Therefore, because the price of hot dogs has risen, while the price of hamburger has remained the same, he will now buy more hamburgers and less hot dogs, because eating more hamburgers and less hot dogs will not decrease his satisfaction, it will remain the same. We can also conclude from that both fast food products are perfect substitutes for Tim.

7 0
4 years ago
A useful way of standardizing financial statements is to choose a _______ year and then express each item relative to that amoun
aev [14]

A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.

This is further explained below.

<h3>What is a financial statement?</h3>

Generally, Financial statements are written documents that represent a company's commercial operations as well as its financial performance within a certain period of time.

Audits of financial accounts are often conducted by government agencies, accounting firms, and other organizations for the objectives of ensuring their correctness and meeting the requirements for taxation, financing, and investing.

In conclusion, Selecting a base year and then expressing each item in terms of its relationship to that amount is a practical strategy for standardizing financial statements.

Read more about financial statements

brainly.com/question/14951563

#SPJ1

6 0
2 years ago
A phone caller becomes irate and demands to speak to your boss, saying, "I know she wants to be interrupted to speak to me!" You
Degger [83]
I believe that in such a situation, the thing you should do is say: Mrs. Wilson can't be contacted now, but I will give her your name and number as soon as possible.
That way you won't interrupt your boss, and you will give a polite answer to the person calling.
7 0
4 years ago
The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market a
Anton [14]

Answer:

c. there will be a shortage of the good.

Explanation:

The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market at a price of $0.40 per pound: c. there will be a shortage of the good.

The correct answer is - c. there will be a shortage of the good.

Reason -

At the equilibrium price, the demand = supply

If the price is increased by the equilibrium price then, there are more customers(i.e. quantity demanded is increase ) and there is shortage of goods (i.e quantity supplied will decrease)

So, the correct option is - c. there will be a shortage of the good.

3 0
3 years ago
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