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marusya05 [52]
3 years ago
6

which component of the marketing mix encompasses all efforts by an international firm to enhance the desirability of its product

s among potential buyers
Business
1 answer:
spayn [35]3 years ago
7 0

Answer:

Geocentric approach

Explanation:

Geocentric approach marketing is generally used to enhance the desirability of products among potential buyers. geocentric approach marketing is a sort of worldwide advertising wherein organisations attempt to spread out the aspects of their items or administrations among various nations. It happens when a business chooses to widen its activities and spotlight on deals outside of its nation of origin. The whole strategy is implemented to gain more customers.

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Wimpy Inc. produces and sells a single product. The selling price of the product is $185.00 per unit and its variable cost is $5
Aleonysh [2.5K]

The formula for the calculation is

<u>CM ratio = Unit contribution margin ÷ Unit selling price </u>

The break-even in monthly dollar sales is closest to $578,100

Explanation:

The formula for the calculation is

<u>CM ratio = Unit contribution margin ÷ Unit selling price </u>

<u></u>

<u>Given that </u>

<u>Selling price of the product=</u>$185.00 per unit

variable cost=$55.50 per unit

fixed expense=$404,670 per month

<u></u>

= ($185.00 per unit − $55.50 per unit) ÷ $185.00 per unit

= $129.50 per unit ÷ $185.00 per unit = 0.70

<u>Dollar sales to break even = Fixed expenses ÷ CM ratio </u>

= $404,670 ÷ 0.70

= $578,100

The break-even in monthly dollar sales is closest to $578,100

7 0
3 years ago
Assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans becaus
seropon [69]

Answer: Cyclical asymmetry

Explanation:

In economics, Cyclical asymmetry is defined as

A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.

It includes employment rates,  interest rates, debt retention, bond strengths, or stock market imbalances.

If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.

Since this happens due to the cyclical reaction of the government.

This means that,

This situation is a problem of <u>cyclical asymmetry</u>.

8 0
3 years ago
You are a student at ABC University. You recently read in the school's daily newspaper about a terrific investment opportunity t
Vlada [557]

Answer:

No

Explanation:

An investment that "promises" a 44 percent annual return is most likely a scam, because even the riskiest stocks rarely yield annual returns higher than 10% of the initial investment.

Besides, the option is described as very complicated, and you as a potential investor do not understand it well, which is a very difficult position to be in because it could even lead you to being scammed without realizing.

4 0
3 years ago
Roberto, the vice president of marketing, is talking to Francis, a sales manager in a foreign office, about several local situat
nadya68 [22]

Answer:

The correct answer is Geocentric.

Explanation:

According to administrative theory, Roberto presents a typical attitude of a geocentric manager, because he accepts the similarities and differences of national and foreign administrative policies, which allows him to find a balance with those practices that are most effective for the entity.

Otherwise it would be if he practiced an ethnocentric attitude, where he would discriminate the administrative practices of other countries, considering that those of his country of origin are superior, and that these can be exported at the same time as the goods and services of the organization.

Companies with interests abroad will probably have managers who have geocentric or ethnocentric perspectives. The geocentric attitude is the most convenient for managers of multinational companies, but it is also the most difficult to learn and accept.

6 0
3 years ago
Governmental financial reporting should provide information to assist users in which situation?
trasher [3.6K]

Answer: making economic, social, and political decisions and also

assessing whether current-year citizens received services but if part of the payment burden was shifted part to future-year citizens.

Explanation:

Government Financial reporting should assist in fulfilling the government's duty of being publicly accountable. When there's a report of government's finances, citizens will be able to see the way money are spent and received in the country.

It also helps in the provision of information in order to help users assess the service efforts and make political, economic, and social decisions.

6 0
3 years ago
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