1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
CaHeK987 [17]
3 years ago
11

You are the CEO of an American company with worldwide​ name-brand recognition. For the first time in your​ 100-year history, you

are thinking about entering foreign markets. From a marketing point of​ view, what is likely to be the biggest challenge in terms of competitive​ strategy?
Business
1 answer:
NNADVOKAT [17]3 years ago
3 0

Answer:

The answer is:

The biggest challenge for your organization will be to recognize and consider the differences between foreign cultures and the highly established American culture of your company.

Not even all foreign cultures are the same, so probably your company will have to establish several different marketing strategies depending on the countries they want to operate in. For example, Chinese culture is completely different than Mexican culture, or even Mexican culture is totally different than Argentinean culture (even though both are Latin American countries)

You might be interested in
The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w
slava [35]

Answer:

Losses for the producers of Waterworld, if they finished the movie would be <u>$50 million</u>. If they did not finish the movie, losses would be <u>$130 million.</u>

Explanation:

This is because, the difference between all their expenses in making the movie and the revenue generated is actually <em>$50 million</em>. This happens to be their losses while on the other-hand, if they didn't finish making the movie, it would be <em>$130 million </em>(aside the cost spent in finishing the movie after rebuilding the set)

5 0
4 years ago
Bummerland finds itself in a recession caused, as assumed in class, a sticky nominal (money) wage (W) which is too high to clear
puteri [66]

Answer:

is this a book if so send me a link

Explanation:

8 0
3 years ago
Which of the following statements is right about facility location analysis?
RideAnS [48]

Answer:

The correct answer is letter "A": Facility location analysis considers the competitive imperative to be close to customers as to timeliness of deliveries.

Explanation:

Facility location is part of the research and computational geometry in charge of determining the localization of a company's branches to be closest as possible to the firm's target customers, workers, and suppliers by minimizing the costs. Other factors such as free trading zones or environmental policies are also taken into consideration.

3 0
3 years ago
From 1948 to 2003 the United States experienced an average real GDP growth rate of 3.5 percent and Guatemala had an average real
Luda [366]

Answer:

No, we can’t say

Explanation:

In this question, we are asked to decide if we can say that Guatemala’s standard of living grew more than that of the US’ standard of living between the years 1993 and 2003 given the pointers in the question.

We cannot say that this is correct because of the following reasons;

As observed from the question, the US growth rate was calculated between the years 1948-2003, which is indicative of a 55 year span. Now, comparing this with that of Guatemala, we can see that the span here is just 10 years I.e from 1993 to 2003.

Also, we were not provided with the population growth rate in both countries and this makes it difficult to judge which of the two countries have a better growth in terms of standard of living

5 0
3 years ago
Read 2 more answers
What primary risk are business owners taking when selling shares of their companies?
4vir4ik [10]

answer:

giving away a percentage of their company and maybe losing their power as only one leader.

explanation:

  • this question was already answered
  • credits: brainly.com/question/1957314

5 0
3 years ago
Other questions:
  • A company purchased merchandise to be resold at increasing costs during the year 2019. The purchases were made at the following
    12·1 answer
  • The Widget Co. purchased all of its fixed assets three years ago for $6 million. These assets can be sold today for $3 million.
    6·1 answer
  • Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax
    14·1 answer
  • Juanita Corporation uses a job-order costing system and applies overhead on the basis of direct labor cost. At the end of Octobe
    8·1 answer
  • From President Abraham Lincoln's perspective, the decision to wage a civil war against the southern states is best summarized in
    7·1 answer
  • Indifference curves are A. concave to the origin. B. either convex or concave to the origin. C. convex to the origin. D. no spec
    9·1 answer
  • Which of the following is a downside of a newspaper ad?
    10·2 answers
  • Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will make 16 d
    15·1 answer
  • In 2001, HP acquired Compaq. The merger had an impact on two different markets: desktop PCs and servers. Pre-merger market share
    8·1 answer
  • . Job 1 pays $50,000 per year and offers 10 days of vacation. Job 2 pays $48,000 per year and offers 25 days of vacation. Which
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!