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3 years ago

In the context of the strategies for reaching global markets, which of the following statements is true of direct investment?

Business

1 answer:

SOVA2 [1]3 years ago

3 0

Answer:

B. It is the most basic level of international market development.

Explanation:

In the context for hitting or reaching of the global market, there are key strategies that play out in getting what is needed to keep a market; these factors consists of exporting, franchising, joint ventures, licensing, foreign subsidiaries, foreign direct investment and strategic alliances.

Exporting is explained as the process of transporting a certain goods or services over international borders for trade or sale and this well known to be the first step and important strategy at a point like this.

This is why for direct investments, the option that it is the most basic level of international market development is the true statement above.

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When Elle's Espresso Bar raised its price by 10 percent, the quantity of coffee that Elle sold decreased by 40 percent. When E

victus00 [196]

Answer: Elle's coffee has lots of close substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee.

Here, it can be seen that when Elle's Espresso Bar raised its price by 10 percent, the quantity of coffee that Elle sold decreased by 40 percent, whereas when Elle and all her competitors cut their prices by 10 percent, the quantity of coffee sold by Elle increased by only 4 percent.

∴ The demand for Elle's coffee is more elastic than the market demand for coffee.

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4 years ago

Read 2 more answers

The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2019

garri49 [273]

Answer:

Requirement: Prepare a responsibility report for the Real Estate Products Division of McKenzie Co for 2019.

Note: See missing word attached as picture below

Responsibility report 2019

Budget Actual Difference

Sales $1,250,000 $1,175,000 75000 U

Variable costs

Cost of goods sold 610,000 545,000 65000 F

Selling & Admin 80,000 82,000 2000 U

Total $690,000 $627,000 63000 F

Contribution Margin $560,000 $548,000 12000 U

Controllable fixed cost

Cost of goods sold 130,000 140,000 10000 U

Selling & Admin 120,000 100,000 20000 F

Total $250,000 $240,000 10000 F

Controllable Margin $310,000 $308,000 2000U

8 0

3 years ago

Grant Industries, a manufacturer of electronic parts, has recently received an invitation to bid on a special order for 20,500 u

KATRIN_1 [288]

Answer:

Missing word "What would the total opportunity cost be if by accepting the special order the company lost sales of 6,500 units to its regular customers? Assume the above facts plus a normal selling price of $24 per unit."

Variable factory overhead per unit = (430,500 - 328,000) / 20,500 = $5

Direct materials per unit = $123,000 / 41,000 = $3

Direct labor per unit = 164,000 / 41,000 = $4

1. Relevant cost per unit = Direct materials per unit + Direct labor per unit + Variable factory overhead

Relevant cost per unit = $5 + $4 + $3

Relevant cost per unit = $12

So, the bid price should be above $10 per unit

2. Total opportunity cost would be the total contribution margin lost for the lost sales to the regular customer

Total opportunity cost = Loss of regular sales revenue - Total relevant cost for lost sales

Total opportunity cost = (6,500*$24) - (6,500*$12)

Total opportunity cost = $156,000 - $78,000

Total opportunity cost = $78,000

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3 years ago

Jessica Weller, a senior manager at DigWell Inc., differentiates the annual pay raises provided to her subordinates based on the

Nat2105 [25]

Answer:

Merit pay

Explanation:

Merit pay refers to an increase in salary that people receive based on the performance they had according to goals or guidelines that were previously established. According to this, the answer is that the type of reward system used by Jessica is an example of merit pay because she determines the pay raises that her subordinates receive according to their performance.

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3 years ago

Managing change is often the easiest when the organization is experiencing a:

Trava [24]

I believe the answer is b

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3 years ago