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AfilCa [17]
3 years ago
11

The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions a

nd low pressure for local responsiveness. 2) high pressure for local responsiveness and low pressure for cost reductions. 3) low pressure for both local responsiveness and cost reductions. 4) high pressure for both local responsiveness and cost reductions
Business
1 answer:
kati45 [8]3 years ago
3 0

Answer:

The correct answer is the option 1: high pressure for cost reductions and low pressure for local responsiveness.

Explanation:

To begin with, the concept known as <em>"Global Standardization"</em>, in the field of marketing and business, refers to the strategy that the companies can use when they decide to implement the same marketing strategy or campaign to every country in where the organization works. Therefore that the term refers to the standardization of the strategy that the company use in the marketing area to the whole globe due to the fact that mainly they look for the reduction of the costs and also because the pressure from the local responsiveness from the other foreign countries tend to be very low.

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2 years ago
In general, which type of marketing do you think is most effective for events: push or pull marketing? If you were an event mark
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5 0
2 years ago
Carter's preferred stock pays a dividend of $1.40 per quarter. If the price of the stock is $69.00, what is its nominal (not eff
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Answer:

Carter's preferred stock nominal annual expected rate of return is 8.12%.

Explanation:

Nominal annual expected rate of return of a preferred stock can be described as the current or unadjusted rate of return of the stock.

The nominal annual expected rate of return can be calculated as follows:

Nominal annual expected rate of return = Annual preferred stock dividend per share / Preferred stock price ............. (1)

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Annual preferred stock dividend per share = Dividend per quarter * 4 = $1.40 * 4 = $5.60

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Therefore, Carter's preferred stock nominal annual expected rate of return is 8.12%.

3 0
3 years ago
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