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scoray [572]
3 years ago
7

Multi domestic strategy- is a strategy in which operating decisions are centralized to each country to enhance local responsiven

ess. A company like Heinz accommodates global taste because local taste is not critial.1. True2. False
Business
1 answer:
dsp733 years ago
7 0

Answer:

2. False      

Explanation:

A multi-domestic strategy refers to a future course of action relating to offering customized products in several nations, to cater to their specific needs and preferences.

Such a strategy includes, creation of products as per the conditions prevalent in the countries wherein the company's factories are set up, so as to serve markets as per the requirements, instead of offering one same product in all global markets i.e following standardization strategy.

For instance, MTV shows telecast across the globe are not the same and programs are tailor made as per the tastes and preferences of countries.

Heinz also adapts and incorporates changes in it's offerings to satisfy local preferences. For instance, Heinz offers variants of it's famous ketchup which do not use garlic and onions as ingredients, so as to serve Indian markets better, and cater to the local tastes and preferences therein.

Thus, Heinz follows multi-domestic strategy wherein it lays emphasis upon local tastes.

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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
german

Answer:

B. 16;8

Explanation:

  1. A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.
  2. A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.
5 0
3 years ago
A and b are substitute goods, but a and c are complementary goods. if the cost of producing a decreases, then the demand for
Scrat [10]
<span>A and b are substitute goods, but a and c are complementary goods. If the cost of producing a decreases, then the demand for B will decrease and the demand for C will increase. The demand changes due to price and substitutes. If something is a direct substitute of something else and the demand for the item is the same and one is cheaper, the demand for the cheaper, same item will remain constant. </span>
6 0
3 years ago
Which of the following business actions would likely result in criminal
kari74 [83]

Answer:

B. A waste removal company dumps garbage in a protected federal forest.

Explanation:

Businesses face prosecution when they indulge in actions which are illegal and unwarranted.

An utility company which goes into bankruptcy due it's inability to generate profit hasn't in any way wronged the government and will not be punished for going bankrupt.

Similarly, choosing one's supplier is by choice as long as one does not owe the supplier, changing one's supplier is a common business process due to numerous reasons and hence attracts no sanction.

Also, failure to honor accidentally printed coupons cannot be deemed a criminal offense, the company isn't defrauding their clients here, breach in firewall and testing, software glitches are common causes of such mistake. Hence, failure to honor such isn't a criminal act.

However, trespassing and violation of guidelines and regulatory laws will be deemed as criminal and approve sanctions. Ware removal companies have approved means and areas for disposing and getting rid of waste, Waste disposal in unapproved and reserved areas Wil attract sanctions.

5 0
3 years ago
You paid $35 for a ticket (which is non-refundable) to see spam, a local rock band, in concert on saturday. (assume that you wou
user100 [1]
Your profit from not going to the concert would be $19 in profit but going woul cost you $19 so if you go to the concert you will be -$19 of what you gotten if
8 0
3 years ago
Business risk can encompass ___________
Lina20 [59]

Answer:

The options for this  is question are the following:

a. operational

b. hazard

c. strategic

d. all of the above

The correct answer is D. All of the above.

Explanation:

Business risk is the possibility that they derive from the losses of the market position, the business position, compared to the markets in which they operate.

It can also be said that a business risk is a circumstance or factor that can have a negative impact on the operation or profitability of a given company.

Business risks can be included in the strategic risks of an organization. Strategic risks are risks that arise from the strategic position that the organization takes in the environment in which it carries out its activity, therefore they have a double source: on the one hand the strategic decisions taken by the organization and on the other the environment in the that these decisions materialize. Everything that affects the organization in its macro environment.

5 0
3 years ago
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