1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bogdan [553]
3 years ago
8

What are the three reasons that companies import?

Business
1 answer:
tankabanditka [31]3 years ago
4 0

Answer: To meet customer demand, to take advantage of low priced goods or to purchase raw materials.

Explanation:

Import refers to the quantities of goods that are bought from other countries. Many companies trade to meet domestic customer's demand or to take advantage of lower priced product or to purchase raw materials which are not available domestically in order to produce finished goods domestically.

You might be interested in
Is the type of competition that occurs in a competitive market without identical producers.
Gekata [30.6K]

Answer:

Monopolistic competition is a type of competition that occurs in a competitive market without identical producers.

Explanation:

6 0
4 years ago
Read 2 more answers
On January 1, 2021, Nana Company paid $100,000 for 8,000 shares of Papa Company common stock. The ownership in Papa Company is 1
makvit [3.9K]

Answer:

$300,000

Explanation:

The computation of amount will be reported in the balance sheet is shown below:-

Amount that will be reported in the balance sheet = Papa shares × Papa stock per share

= 8,000 × $37.5

= $300,000

Note, When we report on the balance sheet at fair value, the net income has no significant effect on the fair value also in the given situation it is clearly mentioned that Nana does not have significant influence over papa so we will not consider dividend, net income, retained earning when the common stock reporting on the balance sheet at fair value.

3 0
3 years ago
Calltime Phones & Minutes, Inc., makes an offer to Delores to enter into a contract to work as a salesperson for a certain b
saul85 [17]

Answer:

​an offer and an acceptance

Explanation:

Here, in this particular case, the valid contract will require an agreement i.e. an offer and an acceptance which is further backed personally by the legally adequate consideration that is made by the individuals or groups that tend to have legal competence to embark into a contract, and thus the legal ambition.

5 0
3 years ago
The following are the stages of both consumer and organization purchase decisions. Place each stage in the most typical order of
777dan777 [17]

Answer:

Problem Recognition.

Information Search.

Evaluation of Alternatives.

Purchase Decision.

Purchase.

Post-Purchase Evaluation

Explanation:

1. Problem Recognition: This relates to the existence and realization of the  <u>need gap</u> between what they have and what they want.

2. Information Search: This is the next stage where the consumer begins to search for how to close the need gap.

3. Evaluation of Alternatives: After searching for  available information on potential way(s) to meet the existing need, the product of the search could reveal numerous alternatives from which a choice will be made after thorough evaluation

Purchase Decision: This is the point where the choice is made from the available alternatives to buy one or not to buy any at all.

Purchase: After the decision, the purchase is made

Post-Purchase Evaluation: After a purchase decision, it is imperative that the customer gives feedback on whether or not they are satisfied with the decision that was made or not, to buy the product.

3 0
3 years ago
When you use the AIDA persuasive approach, your first task is to gain the reader's attention (A).
Elanso [62]

Answer:

The correct answer is letter "A": Describe the benefits a product or service offers and make rational or emotional appeals.

Explanation:

The AIDA Model describes the process buyers go through at the moment of purchasing. It has four (4) steps: <em>Awareness, Interest, Desire, </em>and<em> Action</em>. In the Interest stage, companies attract consumers so they start looking for information about their products. <em>The benefits of the good are portrayed relating them to the target audience's emotional appeals. In some other cases, firms display their products as the most rational to choose from compared to competitors.</em>

7 0
3 years ago
Other questions:
  • Dan Dayle started a business by issuing an $80,000 face value note to First State Bank on January 1, 2018. The note had an 8 per
    11·1 answer
  • What are closing costs?
    7·2 answers
  • Changes in reserve requirements to conduct monetary policy is generally not a good idea for the United States because:
    5·1 answer
  • What entry did you make to close the fee earned account?
    7·1 answer
  • Is a source of gaining wealth by corporate raiders who benefit by pushing companies to either change their corporate strategy to
    7·1 answer
  • Most of the public debt is owed to citizens and domestic institutions. This is one reason that the public debt: 
A. Crowds out p
    8·1 answer
  • If STUDENT and COURSE participate in a relationship, this is an example of a(n):
    9·1 answer
  • Define latency in your own word​
    9·1 answer
  • The Sandeep Company's April 30 pre-reconciliation cash balance on its books was $35,000. While preparing the April 30 bank recon
    7·1 answer
  • The harrisons live in a country where they are the only business allowed to supply consumers with leather shoes. what type of ec
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!