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IrinaK [193]
3 years ago
12

Pizza Hearth is in the process of deciding on the mode of entry into the Eastern European countries. Which phase of the internat

ional planning process is Pizza Hearth currently in? A. Preliminary analysis.B. Defining market segment.C. Developing the marketing plan.D. Implementation and control.E. Standardization of the marketing mix.
Business
1 answer:
Mila [183]3 years ago
8 0

Answer:

Letter C is correct.<u> Developing the marketing plan.</u>

Explanation:

As Pizza Hearth is in the process of deciding how to enter Eastern European countries, it can be said that the company is at the stage of developing the marketing plan in the international planning process.

A marketing plan is a document that complements the business plan and contains written in detail all the plans and actions of an organization that will be necessary to achieve its marketing objectives.

As Pizza Hearth is planning to enter a new market, the development of the marketing plan will provide essential subsidies for the company to define the best strategies for reaching the target audience according to its demographic characteristics, such as culture, tastes, lifestyle and others.

Through this strategic tool it is possible to identify the strengths, weaknesses,  opportunities and threats that the micro and macro environment provides the company, assisting in the development of objectives and goals, in the knowledge of competitors and the wishes and needs of potential customers.

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This activity is important because as world trade has grown, more companies have entered the global market. Once a firm decides
Ann [662]

Answer:

Matching the correct global market entry strategy with:

1. Moodmatcher lipstick  = b. Direct Exporting

2. Boeing  = b. Direct Exporting

3. Yoplait  = d. Franchising

4. McDonald's = d. Franchising

Explanation:

a) Global market entry strategies;

a. Indirect Exporting

b. Direct Exporting

c. Licensing

d. Franchising

e. Joint Venture

f. Direct Investment

Most of the globalized entities enter the global market space through direct exports to consumer countries.  Some others engage in licensing and franchising, joint venture and indirect exports of their products and services to non-domestic countries.  Huge revenues are earned through global trades.  Some companies like MTN headquartered in South Africa earn more revenue in foreign markets than in their domestic markets.

6 0
3 years ago
A marketing campaign makes unsubstantiated claims for the product it is promoting. Under ________, such advertisements would be
vredina [299]

Answer:

Section 5 of the FTC Act

Explanation:

Section 5 of the FTC Act prohibited companies to make "deceptive actions"  during all activities in a commerce.

In marketing, this section of the Act prevented companies to falsely promoting their products. They're required to truthfully listed all ingredients of the product and banned from making claim that are misleading to the consumers.

For example, you can't claim a drug that you sell can cure cancer without proper authorized researches to back it up.

3 0
3 years ago
Ben bought a desk for $249.99. the sales tax rate was 6.25%. how much did ben pay for the desk? round your answer to the nearest
Lemur [1.5K]
Ben paid the value of the item + sales tax 
Sales tax = 6.25% of worth of item.  
Sales tax = (6.25/100) * 249.99 = $15.62. 
Hence Ben paid $249.99 + $15.62 = $265.61 
To the nearest cent he paid $265.60
3 0
3 years ago
A portfolio is entirely invested into BBB stock, which is expected to return 16.4 percent, and ZI bonds, which are expected to r
Mashutka [201]

Answer:

the expected return on the portfolio is 12.34%

Explanation:

The computation of the expected return on the portfolio is shown below:

Expected Return is

= Investment in BBB ×  Return+ Investment in ZI × Return  

= 16.4 × 48% + 8.6 ×52%      

= 7.87% + 4.47%    

= 12.34%

hence, the expected return on the portfolio is 12.34%

7 0
2 years ago
The lack of competition within a monopoly means that
nexus9112 [7]
The company could make the prices as high as they want. This is also means the company basically rules the business.
5 0
3 years ago
Read 2 more answers
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