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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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The 'on my way button' should be clicked when you leave your current location (home, gym, etc.) to go to the walk. when should y
ddd [48]
<span>Before starting walking from the current location "start walk" button should be tapped as 'on my way button' was clicked when you leave your current location to go to the walk.</span>
3 0
3 years ago
intends on adding a new product line. the contribution margin ratio for the new product is 0.2. they have a target operating inc
FrozenT [24]

Answer:

The total fixed costs must be:

$36,000.

Explanation:

a) Data and Calculations:

Contribution margin ratio for the new product = 0.2

Target operating income = $60,000

Targeted sales volume in dollars = $480,000

Fixed costs = targeted sales volume in dollars multiplied by contribution margin ratio, minus target operating income

Fixed costs = ($480,000 * 0.2) - $60,000 = $36,000

b) The focus should be on the break-even formula for dollar sales with a target profit.  When the formula is reversed, the fixed costs can be calculated as shown above.

3 0
2 years ago
Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes o
dmitriy555 [2]

Answer:

Confirmation bias

Explanation:

The reason is that the business managers who always see the one side of the story are biased because they don't see what the person whom they rejected was doing with its life and capabilities that he developed that might be the best resouce for the company. This consecutive result which forms a perception that the person is right is often called confirmation biasness.

4 0
3 years ago
On July 1 Olive Co. paid $7,500 cash for management services to be performed over a two-year period. Olive follows a policy of r
Tcecarenko [31]

Answer:

The journal entry to record this should be:;

July 1, Year 202x, cash received as deferred revenue

Dr Cash 7,500

    Cr Deferred revenue 7,500

Explanation:

Accrual accounting states that both revenues and expenses must be recorded during the periods that they actually occur, and not necessarily when any cash transfer is associated to them.

In this case, the adjusting entry for accrued revenue on December 31 should be:

December 31, year 202x, accrued revenue

Dr Deferred revenue 1,875

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6 0
3 years ago
Selected financial statement information and additional data for ABC Co. is presented below. Prepare a statement of cash flows f
ELEN [110]

Answer:

1.   $175,800

2.  -$41,200

Explanation:

The preparation of the Cash Flows from Operating Activities and investing activities —Indirect Method are shown below:

1. Cash flow from Operating activities - Indirect method

Net income $240,200

Adjustment made:

Add : Depreciation expense $31,600

Less: Increase in accounts receivable -$60,200 ($144,200 - $84,000)

Less: Increase in inventory -$33,600 ($201,600 - $168,000)

Add: Increase in accounts payable $35,600 ($86,000 - $50,400)

Less: Decrease in short term notes payable -$37,800 ($29,400 - $67,200)

Total of Adjustments - $64,400

Net Cash flow from Operating activities                         $175,800

2. Cash flow from Financing activities

Add: Sale of land  $42,800 ($58,800 - $16,000)

Less: Purchase of equipment - $84,000

Net Cash flow from Financing activities                             -$41,200

8 0
3 years ago
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