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
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

You might be interested in
After years of using a mass marketing strategy, Digital Print Shops has responded to new competition from national chain stores
Ket [755]

Answer:

Niche Marketing

Explanation:

According to my research on different marketing strategies, I can say that based on the information provided within the question Digital's strategy is known as Niche Marketing. Like mentioned in the question this strategy emphasized focusing on small audiences in a very specific category. Which is what Digital is doing by focusing on the smaller market segments that the bigger competition is completely ignoring.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 3
Gennadij [26K]

Answer:

E) $2,400

Explanation:

optimal order quantity = sqrt{(2*D*S)/H}

                                     = sqrt{(2*36,000*$80)/$4}

                                     = $1,200

number of orders per year = $36,000/$1,200

                                             = $30

total ordering cost = $30*$80

                               = $2,400

Therefore, The total ordering cost of inventory is $2,400.

3 0
3 years ago
Consider an economy that produces only chocolate bars. In year 1, the quantity produced is 5 bars and the price is Rs.600 per ba
musickatia [10]

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

4 0
3 years ago
Under what circumstances might a business plan include a funding request for working capital? Select one: a. It is just starting
cestrela7 [59]
A. It is just starting out.
8 0
4 years ago
Plywood, while not the most pleasing wood to look at, has become an incredibly important building material in house construction
weqwewe [10]

Answer: Option (A)

Explanation:

Plywood is referred to as an element that is produced from several thin layers of the wood coatings which are tightly bonded together. It is mostly describd as an engineered ply i.e. wood derived from group of the manufactured boards that tends to mostly encompasses of the M.D. i.e. the medium-density fibreboard and also the particle board.

7 0
3 years ago
Other questions:
  • Why might you complete 1040 instead of a 1040EZ
    8·2 answers
  • It costs Marigold Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit
    10·1 answer
  • The number-one cash crop in the united states was marijuana prior to 1890.
    11·1 answer
  • Which of the following events will directly cause the U.S. money supply to rise by $400 million?
    12·1 answer
  • Exchange rate shifts that cause the Sing$ to be weaker versus than the Brazilian real:
    7·1 answer
  • A leftward shift of the supply curve for oil in the united states is most likely to result from:
    14·1 answer
  • Numerous customers of a bridal store lost their ordered and prepaid wedding gowns when the store locked its doors and declared b
    15·1 answer
  • Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f
    13·1 answer
  • Merle Industries had been selling its product for $24 per unit, but recently lowered the selling price to $17 per unit. The comp
    5·1 answer
  • All of the following should generally be included as taxable income on Schedule 1 (Form 1040), line 21, EXCEPT: Reimbursement re
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!