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lubasha [3.4K]
3 years ago
9

John Chong is an inexperienced entrepreneur in global business. He wants to sell his product, Zulu doll, a toy for kids below th

e age of eight, in every corner of the world. He wants to examine all potential markets but wants to keep his costs low. John has asked you to explain a few things about analyzing international markets. When screening a potential market, which of the following would you advise John to do first?a. assessment of the national business environmentb. selection of the marketc. identification of the basic appeal for marketsd. measurement of market potential
Business
1 answer:
SSSSS [86.1K]3 years ago
7 0

Answer:

c. identification of the basic appeal for markets

Explanation:

As John is an inexperienced businessman and wants to sell his Zulu doll product, a toy for children who have less than 8 years in every part of the world and want to keep the cost low

So first thing he should do is feasible study whether his product is feasible or not and then identify the market with respect to the price, quality, competitors, etc so that he get a good idea

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Answer:

Denominator

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Numerator

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The reason is that the statement is talking about the low per capita GDP which we can see in the picture attached with this answer.

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4 years ago
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Reinforay, an aircraft manufacturer, makes passenger, cargo, short-haul, and long-haul aircraft from the same design, with many
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The correct option is a. product platform .

4 0
3 years ago
Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's ______.
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Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.

<h3>Who are Strategic leaders?</h3>

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8 0
2 years ago
Anastasia was trying to decide which investment plan would be best over 10 years. Bank A was offering 8.5% simple interest on he
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Answer: Bank B is the better investment. In 10 years, her $2,000 will grow to $4,317.85, and with bank A, her $2,000 will grow to $3,700.

Explanation:

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3 years ago
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