The international planning process is a measure used by companies that wish to expand their businesses to other countries. After the first stage of analyzing and screening the new market, the consumer products company should move to the next phase which is;
- Evaluating the marketing mix to target markets.
There are 4 phases in the international planning process which include; analysis and screening, adoption of the correct market mix, development of a marketing plan, and implementation/control.
For the consumer products company above that has established the screening criteria, they must ensure that they adopt the right market mix that will suit the organization.
This means that the product, place, price, and promotion should be right.
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A cash cow is a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resources that may be used to <u>finance new acquisitions, fund share buyback programs, or pay dividends.</u>
What is portfolio?
A portfolio is a group of financial investments such as stocks, bonds, commodity markets, cash, and cash equivalents, which may include closed-end funds and exchange traded funds (ETFs). People commonly believe that stocks, securities, and cash form the foundation of a portfolio. While this is frequently the case, it does not have to be the rule. A portfolio may include a diverse range of assets, such as real estate, art, and investments.
You can hold and manage your portfolio a do, or you can have it managed by a money manager, money manager, or another finance professional.
Therefore, the correct option is (B) cash cow
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Answer:
Cash Anders received from the sales of equipment was $37,000
Explanation:
The equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000
In Anders Company
The carrying amount of the equipment = book value of equipment = $40,000
The equipment was sold at a loss of $3,000. Therefore:
The carrying amount of the equipment - Sales price (Cash Anders received from the sales) = $3,000
Cash Anders received from the sales = The carrying amount of the equipment - $3,000 = $40,000 - $3,000 = $37,000
In enterprise systems, supply chain management is tied to the conversion of raw materials to finished product.
<h3>What are raw materials?</h3>
This are materials that are used in production process to manufacture a product.
Raw materials are often transformed to finished product that is purchased by consumers.
Supply chain monitor the activity of converting raw material to finished product.
Therefore, In enterprise systems, supply chain management is tied to the conversion of raw materials to finished product.
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