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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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A general decrease in wages will result primarily in the aggregrate demand curve shifting to the shifting to the right.

<h3>What is the impact in the decrease in wages? </h3>

When there is a decrease in wages, it becomes cheaper to hire labor. As a result, there would be an increase in the demand for labor. This would shift the demand curve for labor to the right.  

The decrease in wages, would shift the long run aggregrate supply curve to the left.

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5 0
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Managers should avoid satisficing in the ____ stage of the managerial decision-making process.
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3 years ago
Worldwide annual sales of a product in 2013–2017 were projected to be approximately q = −10p + 4,700 million units at a selling
OlgaM077 [116]

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8 0
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At the end of the accounting period, a company's overhead was overapplied by $400. The Factory Overhead account was properly adj
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The overapplied factory overhead results in more expense. The overapplied factory overhead results in increase in cost of good sold. Over-application means that actual overhead are less than reported expense. At the end of the accounting period the company will pass following accounting entry to adjust over application

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If a concession stand received $5,550 in gameday sales, and its profit for the event was $3,330, what were the expenses?
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