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deff fn [24]
3 years ago
7

Luxury Dwellings Inc. is a condominium-building company that is based in the country of Veritas. Itsells high-priced homes to co

nsumers in Veritas as well as to consumers in other countries. It hasextremely high brand loyalty. The industry it operates in is characterized by low pressure for localresponsiveness and low pressure for cost reductions. In this scenario, Luxury Dwellings Inc. mostlikely pursues a(n) _________ strategy.
A) international
B) localization
C) multidomestic
D) transnationalIn
Business
1 answer:
meriva3 years ago
7 0

Answer:

A) international

Explanation:

Luxury Dwellings knows that their clients are wealthy individuals from their home country Veritas and specially from foreign countries. That is why they are not worried about local economic conditions and about varying costs. Since their brand if highly recognized overseas, they are more worried about satisfying their international clients.

This is very common in vacation destinations, including some in the US, like Miami. Many luxury real estate companies located in Miami carry out marketing campaigns in European, Asian and Latin countries more than in domestic markets.

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In a "Dutch auction" for new stock, individual investors place bids for shares directly. Each potential bidder indicates the pri
aivan3 [116]

Answer:

a

Explanation:

A Dutch auction is a method for pricing shares (often in an initial public offering) whereby the price of the shares offered is lowered until there are enough bids to sell all shares. All the shares are then sold at that price. The goal of a Dutch auction is the find the optimal price at which to sell a security.  

For example, let's assume Company XYZ wants to sell 10 million shares using a Dutch auction. To participate in a Dutch auction, an investor typically opens an account with Company XYZ's underwriter (usually an investment bank), obtains a prospectus, and obtains an access code or bidder identification code (Dutch auctions often occur online).  

During bidding, investors indicate how many shares they're willing to buy and the price they're willing to pay. The underwriter, who acts as the auctioneer, usually starts the auction by offering a prohibitively high price for the security (say, $40 per share in this case). It then lowers the price gradually to say, $36 per share, where two bids come in for 500,000 shares. The underwriter then lowers the price again, this time to $35, and attracts 4,000,000 shares worth of bids. After lowering the price to $34, the underwriter gets another 5,000,000 shares worth of bids; then the underwriter lowers the price to $33 and gets another 3,000,000 in bids before the auction ends.

6 0
3 years ago
Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career e
olchik [2.2K]

Answer:

handwritten thank-you note

Explanation:

Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general

guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a

handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.

5 0
3 years ago
Too Young, Inc., has a bond outstanding with a coupon rate of 7.1 percent and semiannual payments. The bond currently sells for
likoan [24]

Answer:

7.68%  

Explanation:

Data provided in the question

Present value = $1,891

Future value or Face value = $2,000  

PMT = 2,000 × 7.1% ÷ 2 = $71

NPER = 17 years × 2 = 34 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  The pretax cost of debt is 7.68%        (3.84% × 2)

7 0
2 years ago
Tom Cruise Lines Inc. issued bonds five years ago at $1,000 per bond. These bonds had a 25-year life when issued and the annual
Dmitrij [34]

<u>Solution and Explanation:</u>

Required Return after 5 year =  Real rate of return +   Inflation premium + Risk premium

Required Return after 5 year = 5+2+4

Required Return after 5 year =11%

No of year left to maturity = 25

Annual Interest payment = 15%*1000 = 150

Face value of Bond = 1000

New price of the bond = pv (rate, nper, pmt, fv)

New price of the bond = pv (11%,25,150,1000)

New price of the bond = $ 1336.87

4 0
3 years ago
NEED ANSWER ASAP
insens350 [35]

Answer:

a. Mr Smith's orange business because it's a small fraction of the economy

3 0
2 years ago
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