1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksandrR [38]
3 years ago
13

XYZ​ firm, the leading producer of leather goods in its country is planning to expand its business. Industry experts identify As

ia as a potential target market. They report that substitute​ products, particularly in​ India, are highly-priced.​ Darren, the operational​ head, feels that exporting their product to India is a good idea. According to​ him, their price advantage alone will ensure good sales.​ However, his​ colleague, Mark, who is also the head of product​ development, feels that Darren is too​ optimistic and that this venture may not turn out to be as profitable as Darren expects it to be. ​Darren's view is based on which of the following​ assumptions?
a. Imports in India usually exceed exports from the country.
b. ​XYZ's product is a close substitute for locally available goods.
c. Consumers in India are extremely loyal to national brands.
d. India has high import tariffs.
e. The quality of the domestically produced substitutes is not as good as​ XYZ's product.
Business
1 answer:
melisa1 [442]3 years ago
7 0

The correct answer would be option D, India has high import tariffs.

Mark feels that Darren is too optimistic and that this venture may not turn out to be as profitable as Darren expects it to be. Darren's view is based on the assumption that India has high import tariffs.

Explanation:

When companies import or export products in or out of the country, they are usually charged with a duty which they have to pay on the import or export of the products. This is called as the Tariff.

While considering the export of a product to another country, the import tariffs of that other country has a pretty much impact on the profits of that company's Sales. Higher the tariffs, lower the profits and vice versa.

So when Mark wanted to export his product to India, Darren was with the view that India has high import tariffs which will restrict them to have huge profits of exporting their product.

Learn more about import export tariffs at:

brainly.com/question/6869228

#LearnWithBrainly

You might be interested in
The reason Air-Omnibus was not celebrating despite selling more aircrafts than Crow-Wing in 2003 was because of the Multiple Cho
ivanzaharov [21]

Answer:

i wouldnt be celebrating either

Explanation:

i certainly wouldnt feel joyous if my regulations were increasing

4 0
3 years ago
After some troubling times in Egypt, American tourists are visiting in record numbers. As a result, demand for Egyptian pounds w
Blababa [14]
The correct answer is b) increase; appreciate.
Since more and more people go in the country, more and more money will be required and produced. Since this money will not be surplus in the economy of the country they will gradually increase their value because of the growing demand for them, thus competing with the values with the other currencies, like the American Dollar (USD).
8 0
3 years ago
Read 2 more answers
Why do interest groups form political action committees (pacs)? pacs are formed to influence government policies. pacs are forme
schepotkina [342]
C) PAC<span>s are formed by interest groups to donate campaign funds and support political candidates.

Political Action Committees are committees organized to donate money for a candidate's campaign. Interest groups usually support certain candidates in return for policies that will benefit the people apart of that interest group. To support the candidate, they form or join PACs in order to donate money to get that candidate elected.</span><span />
5 0
3 years ago
Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholde
zimovet [89]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $24,000          (600 shares × $40)

    To Common Stock $600        (600 shares × $1)

    To  Additional Paid-in Capital in excess of par - Common Stock $23,400

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

2. Cash A/c Dr $4,400         (100 shares × $44)

    To Common Stock $100      (100 shares × $1)

    To  Additional Paid-in Capital in excess of par - Common Stock $4,300

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

6 0
3 years ago
Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an
Jet001 [13]

Answer:

The answer is: A) The new machinery can be depreciated using the same method or different method than the previously purchased machinery

Explanation:

Their is no rule that requires a business to always use the same depreciation method for the assets they purchase.

The most common depreciation methods include:

  • Straight-line.
  • Double declining balance.
  • Units of production.
  • Sum of years digits.

Depending on the asset a business may consider one depreciation method that better suits it, and another depreciation method for their other assets.

6 0
3 years ago
Other questions:
  • In the following descriptions, which company is likeliest to have strong power in its distribution channel? A. A pizzeria in a c
    8·2 answers
  • A year ago, the engineering team at a company got a new boss to oversee the them. Things were fine at first, but a few months in
    11·1 answer
  • e−Bay Inc. provides the following information for the year​ 2015: Net income ​$250,000 Market price per share of common stock ​$
    6·1 answer
  • The accounts listed below appeared in the December 31 trial balance of the Savard Theater.
    9·1 answer
  • Strict product liability is the doctrine that the seller of a product has legal responsibilities to compensate the user of that
    6·1 answer
  • Sheffield Corp. sold some of its plant assets during 2021. The original cost of the plant assets was $904000 and the accumulated
    15·1 answer
  • Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows
    13·1 answer
  • The decrease in total surplus that results from a market distortion, such as a tax, is called a a. consumer surplus loss. b. wed
    12·1 answer
  • Aye who yall goink foe in da super bowl...
    7·1 answer
  • Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!