Answer:
(b) The candidate will be involved in setting up an independent division with responsibility for robotic equipment production and marketing.
Explanation:
- As an area of global marketing deals with the setting up of strategies for the development of marketing plans for the company. By adjusting the strategies that are well suited to other countries form a global point of view.
- Hence the candidates that come from the different locations will be more interested in setting up divisions that look after the promotion and distribution of products, people and processes to deliver good results.
- As it lowers market casts, it has the ability to leverage ideas more easily and quickly and helps the company create an international customer base.
Answer: Option (C)
Explanation:
Environmental forces are referred to as or known as those forces which tends to involve shared beliefs and attitudes of population. Most of the marketing managers have found their task and job increasingly hard because of the fact that lifestyles, consumer values, and also beliefs are changing at a much more rapid rate than they did used to.
Answer:
a. 8,000 + 1,000 + 3.2Q
b. 27,000 + 3.2Q
c. 15,000 Units
Explanation:
a. The accounting cost function is shown below:-
Accounting cost function = Fixed Leasing and insurance cost + material cost and supplied cost
= 8,000 + 1,000 + 3.2Q
b. The economic cost function is shown below:-
Economic cost function = Accounting cost + Opportunity cost
= 9,000 + 3.2Q + 3*6,000
=27,000 + 3.2Q
c. The computation of break even point is shown below:-
Break even Point = Total Fixed Cost ÷ Price - Average Variable cost
= 27,000 ÷ 5 - 3.2
= 15,000 Units
Answer:
$294,412.8
Explanation:
In order to obtain a seat on the board of directors, Raul must hold more than 50 percent of the total number of outstanding shares if there are three open seats and straight voting occurs.
Total number of shares required = (46,000 ÷ 2) + 1
= 23000 + 1
= 23,001 shares
Market price of share = $ 12.80
Total amount = Total number of shares required × Market price of share
= 23,001 × $ 12.80
= $294,412.8
The amount Raul wants to invest on obtaining a seat on board of directors is $294,412.8
Answer:
5.95
Explanation:
Deere inventory turnover for 2017 ratio is:
Formula for Inventory Turnover Ratio= Cost of Goods sold / Average Inventory
Where Average Inventory = (Previous Inventory + Current Inventory) / 2
= ($2,267 + $2,999) / 2
=$5,266 / 2
=$2,633
Average Inventory = $2,633
Therefore, Inventory Turnover Ratio = $15,661 / $2,633 = 5.9479 = 5.95
Deere Inventory Turnover for 2017 Ratio is 5.95.
