Answer: Mental budgeting.
Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.
Answer:
question isn't clear. any answers???
Imposed by goveement below equilibrium price
Answer: Liability of foreignness
Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.
In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.
Thus, from the above we can conclude that Malt hanks faced liability of foreignness.
Answer:
The answer is True
Explanation:
Cultural differences can slow down the diffusion process, or even make it impossible. For example, no matter how good of a marketing campaign you make, if you sell pork, you will never have a high market share in the Middle-East, because both Islam and Judaism forbid the consumption of pork, and those are the two major religions in the area.
