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puteri [66]
3 years ago
9

The management of Irving Inc., an apparel company based in Letonia, decides to expand the company's operations to several other

countries. Given this information, which of the following strategies can be adopted by the management to succeed in the foreign environment?
A) It can sell the same clothes it sells in its home country in the other countries.
B) It can modify its Web site according to the foreign countries' cultures.
C) It can limit personal selling to buyers in the foreign countries.
D) It can solely rely on free translation software to translate slogans and instructions.
Business
1 answer:
sergeinik [125]3 years ago
3 0

Answer:

The answer to this question is B. It can modify its Web site according to the foreign countries' cultures.

Explanation:

A business environment is all internal and external factor that is capable of influencing organisations decision. While internal environment are mostly within the business itself, external factors are from without which means the business has little or no control  

For organisations to succeed in a foreign market, it is required to deal with large society and cultural differences that is practiced in that country.

 social - cultural factor is one of the external factors that can influence a business decision from without in the environment in which it operates.

The social cultural factors which includes belief, norms and customs of the people in that environment are what the business should adhere to in other to succeed in such country.

Therefore, modifying its web site according to the foreign country's culture is a step to achieve what has been explained above.  

Hence the answer to this question is B   It can modify its Web site according to the foreign countries' cultures.

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leah is a line worker who is widely admired by virtually everyone, from peers to corporate leaders. she is able to get along wit
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Answer:

The aswer is D

Explanation:

It is conventional

5 0
1 year ago
Nombre Company management predicts $430,000 of variable costs, $970,000 of fixed costs, and a pretax income of $275,500 in the n
inn [45]

Answer:

The total amount of dollar sales for the next period is $1,675,500

The number of units to be sold next period is 23,500

Explanation:

The sales less the total cost gives the pretax income. The costs are the fixed and variable cost. Contribution margin is the sales less the variable cost. Hence the pretax income is the difference between the contribution margin and the fixed cost.

Let the total sales in dollars be G

G - $430,000 - $970,000 = $275,500

G = $275,500 + $430,000 + $970,000

G = $1,675,500

Hence the total contribution margin

=  $1,675,500  - $430,000

= $1,245,500

Let the total number of units to be sold be t

$1,245,500 /t = $53

t = $1,245,500 /53

= 23,500

8 0
3 years ago
Read 2 more answers
The flowtime of the last job in a single work center’s schedule is 7 days. What is the makespan of this schedule?
White raven [17]

Answer:

7 days

Explanation:

Makes-pan means the time it takes to complete a schedule. Last job took 7 days to complete and it was a single job, which means its makes-pan was 7 days as well.

8 0
3 years ago
International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower t
Elden [556K]

Answer:

International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower than the Fed desires. If this downward pressure on U.S. interest rates may be offset by <u>outflows</u> of foreign funds, the Fed may not feel compelled to use a <u>tight </u>monetary policy.

Explanation:

A Tight Monetary Policy is when the central bank tightens policy or makes money tight by raising short-term interest rates through policy changes to the discount rate, also known as the federal funds rate. Boosting interest rates increases the cost of borrowing and effectively reduces its attractiveness.

Outflows of foreign funds or the flight of assets occurs when foreign and domestic investors sell off their holdings in a particular country because of perceived weakness in the nation's economy and the belief that better opportunities exist abroad.

The reasoning is as follows, the rate is down in the USA so holders of assets look for better rates abroad as a consequence  there is less money in the US domestic economy and automatically the rate tend to rise (remember that interest rate is the price of money). If there is less supply of something the price of that something will go up (ceteris paribus). The same thing will happen to the interest rate without the intervention of the FED.

7 0
4 years ago
The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to
Ahat [919]

Question Completion:

Assume that Supplies were purchased during the year worth $13,000.

Record the adjusting entries.

Answer:

Adjusting Journal Entries on December 31, 2021:

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To record the accrued interest on the notes payable.

Debit Salaries Expense $3,000

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To record the accrued salaries at year end.

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Credit Supplies $9,200

To record supplies expense for the year.

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b) Adjusting entries are journal entries done at the end of a financial period to ensure that expenses and revenues are matched to the period they occur instead of when cash is exchanged.  This accords with the accrual concept and the matching principle of accounting.

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3 years ago
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