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scZoUnD [109]
3 years ago
8

As organizations expand into global markets, business communicators need to become aware of their own culture and how it differs

from other cultures. Cultural awareness allows professionals to communicate successfully with other cultures and to navigate the intercultural challenges of a globalized business world. The first step in overcoming intercultural obstacles is understanding the trends that drive globalization.
Identify the trend illustrated by the following example.
A U.S. retailer of high-tech products looks to open stores in Russia where there has been a surge in demand for smartphones and tablet computers.
Favorable trade agreements
Robust middle-class growth
Transportation advancements
Identify the trend illustrated by the following example.
A high-end clothing company has branch managers in Rome, Paris, and Chicago. They meet quarterly via teleconference.
Declining domestic markets
Technological advancements
Robust middle-class growth
When companies expand into global markets, they must be aware of the different cultural environments they are entering. A successful business model in one country may not be successful in another. U.S. companies, such as Wal-Mart, Best Buy, and Home Depot, for example, have struggled in certain overseas markets due to their inability to meet the needs and expectations of the local culture.
Read the hypothetical description of an overseas country, and then answer the following question.
People in this country tend to place a high value on protecting the environment. While they enjoy certain products imported from other countries, when it comes to food and drink, they prefer domestic brands. They consider it inappropriate to smile at strangers, and they value the freedom to engage in whatever relationships they want with coworkers outside of work.
A U.S. store opens in this country and exhibits the following characteristics. Which of these characteristics will be problematic for the success of the store? Check all that apply.
a) A beer and wine selection primarily made up of U.S. brands
b) A policy forbidding employees from dating each other
c) A wide selection of environmentally safe cleaning products
d) A friendliness policy encouraging employees to smile at customers
e) Plastic bags
Business
1 answer:
Natalka [10]3 years ago
7 0

Answer:

1. Robust middle class growth

2. Technological advancements

3. a) A beer and wine selection primarily made up of U.S. brands

b) A policy forbidding employees from dating each other

d) A friendliness policy encouraging employees to smile at customers

e) Plastic bags

Explanation:

Middle class growth in different countries in recent times have increased the sake of smartphone and tablets globally

Technological advancements in the second question would be the only cause of better technologies such as the use of video teleconferencing in the example

The people in this country would not like the listed options as shown here

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Yater's Inc. is a food and beverage company based in the United States. The company decides to market and sell its products in a
Alexeev081 [22]

In this scenario, Yater's Inc. has decided to use (B) one-brand-name strategy.

<h3>What is a co-branding strategy?</h3>
  • Co-branding is a marketing tactic in which various brand identities are applied to a product or service as a result of a strategic partnership.
  • Co-branding (or "cobranding"), often known as a brand partnership, refers to a variety of branding alliances that typically involve the brands of at least two businesses.
<h3>What is a one-brand-name strategy?</h3>
  • When employing a single-brand approach, a business targets only one particular market segment with each of its brands.
  • Each brand has its own distinct "personality," is handled separately, and is distinctly differentiated from the rest of the company's brands.
<h3>What is a transactional marketing strategy?</h3>
  • A business technique known as "point of sale" transactions is called transactional marketing.
  • Instead of focusing on forging a relationship with the customer, individual sales are being optimized for efficiency and volume.

Therefore, in this scenario, Yater's Inc. has decided to use (B) one-brand-name strategy.

Know more about brands here:

brainly.com/question/24456504

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4 0
2 years ago
Contribution Income Statement and Cost-Volume-Profit Graph Picnic Time produces a picnic basket that is sold for $100 per unit.
Ira Lisetskai [31]

Answer:

Graph Picnic Time

Contribution Income Statement

For the Month of July

Sales                                               $400,000

Less variable costs:

Direct materials                              $100,000

Direct labor                                        60,000

Manufacturing overhead                  20,000

Selling and administrative                 16,000

Total variable costs                       $196,000

Contribution margin                     $204,000

Less fixed cost:

Manufacturing overhead $36,000

Selling and administrative 68,000

Total fixed costs                            $104,000

Profit                                              $100,000

Explanation:

a) Data and Calculations:

Selling price per picnic basket = $100

July Production and sales = 4,000 baskets

Variable Costs per Unit:

Manufacturing:

Direct materials              $25

Direct labor                        15  

Manufacturing overhead   5

Total                               $45

Selling and administrative 4

Total                               $49

Fixed Costs per Month

Manufacturing overhead $36,000

Selling and administrative  68,000

Total                                 $104,000

Contribution Income Statement

For the Month of July

Sales                                               $400,000 ($100 * 4,000)

Less variable costs:

Direct materials                              $100,000 ($24 * 4,000)

Direct labor                                        60,000 ($15 * 4,000)

Manufacturing overhead                  20,000 ($5 * 4,000)

Selling and administrative                 16,000($4 * 4,000)

Total variable costs                       $196,000

Contribution margin                     $204,000

Less fixed cost:

Manufacturing overhead $36,000

Selling and administrative 68,000

Total fixed costs                            $104,000

Profit                                              $100,000

8 0
3 years ago
The federal Social Security Act A. Does not apply to self-employed persons. B. Excludes professionals such as accountants, lawye
Andrej [43]

Answer:

D. Provides that bonuses and commissions paid as compensation are included as wages in the calculation of employer-employee contributions.

Explanation:

As with reference to Sec 312(a) - it clearly states that all the amount rendered by the employer to the employee as in the nature of wages shall be included for computing the value of contributions.

Thus, as the bonuses and commissions are part of wages.

This clearly it creates the understanding that all the bonus and commissions received by the employee shall form part of wages for calculating the value of employer employee contributions towards the funds.

3 0
3 years ago
The Bureau of Economic Analysis reported that, in real terms, overall consumer spending increased by $35.4 billion during Octobe
nikdorinn [45]

Answer:

A.$73.75 billions

B. $50 billion

C. 0.18%

Explanation:

a. The real GDP change in response by

(1/(1 −MPC) ×$35.4 billion = (1/(1 −0.52) ×$35.4 billion =$73.75 billion.

b. If in addition to the consumer spending change in part a, unplanned inventory invest-ment decreases by $50 billion, the resulting change in real GDP is

$73.75 billion - $50 billion = $23.75 billion.

c.The percent increase in GDP is

($23.75 billion/$13,139.5 billion) ×100

=0.18%

5 0
3 years ago
Read 2 more answers
MC Qu. 137 Given the following data, calculate product... Given the following data, calculate product cost per unit under absorp
Paha777 [63]

Answer:

Total Product Costs under absorption costing per unit $ 32.59

Explanation:

Under absorption costing the fixed overheads are included in the product costs.  We calculate the total manufacturing costs having fixed overheads and variable overheads and divide it with the number of units to get the product cost per unit.

Expected units to be produced 51,000 units

Direct materials $ 12 * 51,000= $ 612000

Direct labor $ 18 per unit * 51,000= $918000

Overhead

Total variable overhead $ 31,000

Total fixed overhead $ 101,000

Total Manufacturing Costs $1662000

Total Manufacturing Costs per unit = Total Costs/ Total units= $1662000 / 51000= $ 32.59

4 0
3 years ago
Read 2 more answers
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