After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
<h3>What is global market?</h3>
Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.
It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.
Examples of global markets are :
- Fast-moving consumer goods
- Clothing
- Automobiles
- Banking,
- Fast food companies
Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
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standard 2 of uspap states that in appraising the real property, an appraiser must "communicate each analysis, opinion, and conclusion in a manner that is." Addresses the written or oral communication (reporting) of a real property appraisal.
The main difference between these two options is the content and scope of information provided. Appropriate reporting options and the amount of information required in a report depend on the intended use and the user's real property.
Real property refers to land that is physically present and has resources and structures attached to it and is extended in terms of ownership and use rights.
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The planning and preparation for the demobilization process by the managers should start at the same time that they will begin the resource mobilization process since in terms of both time of delivery and fee, demobilization that is planned early makes the transportation of assets as orderly as possible at it also facilitates accountability.
Answer:
(a)overstated
(b)overstated
(c)no effect
Explanation:
(a) As there is an expense account (utilities expense) which, is not included in the income statement, result for the year will be higher than if was.
(b)The revenues account will be oaky. But, the total expenses will be lower, as there are cost of the period which are not included.
So the Net incoem will be higher than a correct income as their expenses do not include this utilities expense
(c) The balance sheet will have no effect in the total Asset or Total Liaiblities+SE but, it is a change in the composition.
The income (reained earnings) should be lower as the income will be lower and a liability will be create (utilities payable) to fill this so:
with the mistake:
liab 0 equity (+400)
ammending the mistake
liab 400 equity 0
the net effect is zero.
It will decrease equity and increase liability, but the su of both will be the same
