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borishaifa [10]
3 years ago
15

When Amway entered China, it opened up retail locations for the first time. Amway is a direct selling firm. This means that it s

ells almost exclusively through independent consultants. However, in China restrictions on direct selling required significant modifications in how consumers obtain these products. On the other hand, Amway has been able to sell many of its signature products to the Chinese market with little to no modification. In China, Amway was forced to _________ the distribution variable and _________ its product variable.A) ​ globalize; globalize
B) ​ customize; globalize
C) ​ localize; globalize
D) ​ globalize; customize
E) ​ internationalize; customize
Business
1 answer:
adoni [48]3 years ago
7 0

Answer:

C) ​ localize; globalize

Explanation:

Localize the distribution variable happened because it was only for that specific location since Amway business model wasn´t possible in China they had to create a business model for that location, while globalizing their own products to offer the Chinese market things that would help them.

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DIFFERENCE BETWEEN EQUITY SHARES AND PREFERENCE SHARES FOR 3 MARKS
Dafna1 [17]

Answer:

Equity Shares are the shares that carry voting rights and the rate of dividend also fluctuate every year as it depends on the amount of profit available to the company. On the other hand, Preference Shares are the shares that do not carry voting rights in the company as well as the amount of dividend is also fixed.

go to key differences for more information

Explanation:

8 0
2 years ago
Financial information is presented below:Operating expenses $ 45,000Sales returns and allowances 3,000Sales discounts 7,000Sales
Anit [1.1K]

Answer:

a. 0.36

Explanation:

The computation of the gross profit rate is shown below:

Gross profit rate = Gross profit ÷ Net sales revenue

where,

Net sales revenue = Sales revenue - Sales return and allowances - sales discounts

= $160,000 - $3,000 - $7,000

= $150,000

And, the Cost of goods sold is $96,000

So, the gross profit is

= $54,000 ÷ $150,000

= 0.36

5 0
3 years ago
A flow chart as part of a six-sigma quality improvement process might be found in which DMAIC category? A. DefineB. MeasureC. An
tiny-mole [99]

Answer:

The correct answer is a) Define

Explanation:

In the define step, the information about business problem, goals, project scope, potential resources, objectives, and potential teams are placed in a project charter document.

5 0
3 years ago
Jenae's study ignored the fact that only some of her coffee choices had caffeine, even though her co-workers preferred caffeinat
ch4aika [34]

Answer:

Placebo effect

Explanation:

Placebo effect occurs when an individual starts to show positive response to an inactive substance after being told the substance has powers to cure.

The person's mind subconsciously helps him heal or perform better on the false belief that the substance is effective.

In the given scenario Jeanne labelled decaffeinated coffee as caffeinated coffee. On consumption her co-workers claimed that the extra boost of caffeine helped them focus on their work.

This is a placebo effect.

8 0
2 years ago
Jordan plans to open a computer repair business this summer. As he plans, he writes down the long-term goals of the business so
Zarrin [17]

Answer:

D) Establish the mission, vision, and values statements

Explanation:

A mission statement is a short written description of what is the purpose of your company, or why does it exist. The mission statement usually includes the company's capabilities, what unsatisfied needs will the company satisfy, and activities will be carried out to satisfy their customers' needs.

The mission statement is the cause (before) and the vision statement is the effect (after). The vision statement should describe the long term goals that your company should accomplish. It serves as a guide to where you want to be in the future.

The value statements should describe how Jordan values his own business (including employees), his customers (including the community) and his suppliers. The values statements serve as a guide on how Jordan and his employees should behave within the business.

5 0
3 years ago
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