The days in inventory for valley markets is 114
<h3>How to calculate the days in inventory for valley markets ?</h3>
Valley markets has an inventory turnover of 3.2
The capital intensity ratio is 1.9
There are 365 days in a year, the days in inventory for valley markets can be calculated as follows
= 366/3.2
= 114
Hence the days in inventory for valley markets is 114
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Explanation:
Co-branding is a form of branding that connects companies together. Essentially, co-branding is a marketing partnership between two or more businesses.
The one responsible of providing a fully inclusive document
that details the mission of the organization, its objectives and their
operations is called business. Business are likely to be run by a group of
people in which they have a common interest or purpose in order to achieve
their goal.
ge is utilizing reverse innovation in order to protect itself from rivals.
<h3>What is
reverse innovation?</h3>
Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.
Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.
The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.
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Answer:
50.16%
Explanation:
The percentage increase in sales from the preceding year to the current year can be calculated as:
where:
is the sale for the current year
is the sale for the preceding year
From the sales data of this problem, we have:
(current year)
(preceding year)
Therefore, the percentage increase in sales is:
