The two trends that influenced global marketing in the last decade were:
- Formal economic integration.
- Free trade between nations.
Global marketing can be defined as a management strategy for organizations that also market their products and services in foreign countries.
Globalization has enabled formal economic integration and free trade between nations, and has created the possibility for companies to increase their profitability and market share.
As an example, we can mention the fast-food chain <em>Mc Donalds,</em> which has a presence almost all over the world, but which adapts its burgers according to local habits.
Therefore, a global company must adopt global marketing, that is, adapt to local customs, culture and preferences for the business to be successful.
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A withholding that you can see on your pay stub could include a health insurance payment or a retirement savings.
The answer to this is probably something like the human factor or a human error. That is because no matter how great the conditions are, you can't prevent people from making a mistake eventually and this can include even simple things like falling down stairs. What you can do is make sure you get good employees, but even those banal injuries still count as a workplace accident and the worker needs to be paid and covered to mend it.
Answer: Inelastic
Explanation:
The coefficients in a log-log model represent the elasticity of your dependent variable with respect to your independent variable. In other words, the coefficient in a log-log demand model is the estimated percent change in with respect to a percentage change in the independent variables like , , M, , etc.
Thus, coefficient of represents the elasticity of demand for good X with respect to Price of good x. So, Own-price elasticity of good x is 0.8.
Since this is less than 1 the good is relatively inelastic.
Answer:
B. Real options must have positive value because they are only exercised when doing so would increase the value of the investment.
C. Having the real option but not the obligation to act is valuable.
D. If exercising the real option would reduce value, managers can allow the option to go unexercised.
Explanation:
A real option is a choice made available to the managers of a company concerning business investment opportunities. It is referred to as “real” because it typically references projects involving a tangible asset instead of a financial instrument. Tangible assets are physical assets such as machinery, land, and buildings, as well as inventory.
A 'real option' is also a choice available to a company regarding an investment opportunity. The term 'real' means that it refers to a tangible asset and not a financial instrument. Examples of real options include determining whether to build a new factory, change the machinery and technology on a production line.