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nydimaria [60]
3 years ago
7

Thirst, a beverage manufacturer, markets its products using the same strategy worldwide. However, the ethnicity contained in the

ir ads and the music used in jingles change according to the place. This is an example of _____.
Business
1 answer:
Umnica [9.8K]3 years ago
3 0

Answer:

Glocalisation

Explanation:

Thirst, a beverage manufacturer is involved in glocalisation by marketing its products using the same strategy globally. However, the ethnicity contained in their ads and the music used in jingles change according to the place. This is to say that they make use of ads which is particular to a specific location taking their culture and language into consideration.

The term "glocalization" was coined by sociologist Roland Robertson in the Harvard Business Review, in 1980.

Glocalization is a combination of the words "globalization" and "localization".

Glocalization is used to describe the ability of a product or service that is developed and distributed worldwide to adjust and accommodate the consumer in a local market.

Consumers in the local market have different taste and preference. Glocalisation is the ability of a product sold globally to fit into the local market at different places. It is an expensive process but firms usually make more benefits from practicing glocalisation.

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When most cars sold in the United States were produced by the Big Three auto companies, General Motors would announce its prices
photoshop1234 [79]

Answer: Price leadership    

Explanation: In simple words, under price leadership strategy the dominant firm in the industry sets the prices for their products in the first place and then after that the other competing firms sets their prices following that dominating firm.

In the given case, the general motors is practicing price leadership as they are setting the prices in the market initially which is then matched by other firms.

5 0
3 years ago
Company A uses an accelerated depreciation method while Company B uses the straight-line method. All other things being equal, d
babymother [125]

Answer:

d. A larger fixed assets turnover ratio and a larger gain on asset disposal

Explanation:

Accelerated depreciation is a method of depreciation whereby the book value of an asset is rapidly depreciated or reduced i.e at an accelerated rate.

This method usually minimizes taxable income in the initial years as a higher amount of depreciation is claimed.

Fixed assets turnover ratio refers to what percentage of net sales is attributable to an entity's fixed assets. It is expressed as:

\frac{Net\ Sales}{Average\ Fixed\ Assets}

Gain on sale of asset disposal = Sale value - Book Value

Book Value =  Cost less accumulated depreciation till date

As can be seen, Average fixed assets balance would reduce thereby increasing fixed assets turnover ratio.

Similarly, due to higher depreciation charged, Book Value would be comparatively less, which would lead to larger gain on assets disposal in the initial years.

5 0
3 years ago
What is hippopotomonstrosesquippedaliophobia
Rudik [331]

a fear of long words

7 0
3 years ago
Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual
sergejj [24]

Answer:

$1,296

Explanation:

To get the total amount he earned, we calculate the simple interest the first and compound interest on the second investment

For the first;

I = PRT/100

Where I = the simple interest

P is the amount invested called the principal

R is the yield percentage called the rate

T is time frame of investment

For the first investment:

I = (8,000 * 6 * 1)/100 = $480

For the second investment

A = P(1 + R/n)^nt

A is amount

P is principal

R is rate

n is number of times, 2 in this case since it is semi annually

t is time, 1 year in this case

A = 10,000(1 + 0.08/2)^2

A= $10,816

Interest here is A - P

The interest earned is thus 10,816 - 10,000 = $816

Total amount of interest earned is thus $816 + $480 = $1,296

4 0
3 years ago
If the firm is at point D and decides to increase the production of bike tires by 300 units, the opportunity cost will be truck
earnstyle [38]

In a situation where the firm is at point D and an increase the production of bike tires by 300 units, the opportunity cost will be <u>200 truck tires.</u>

When the firm is at point B and decides to increase the production of truck tires by 400 units, in this case, the opportunity cost will be<u> 500 bike tires.</u>

Opportunity cost simply means the potential benefit that an economic entity loses when it engages in another activity.

Learn more about opportunity cost on:

brainly.com/question/481029

4 0
2 years ago
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