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
11111nata11111 [884]
4 years ago
14

Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro

duct. In which of the following situations can Omega, Inc. command higher prices for its fitness product in a foreign market?
A. the product is widely available in the foreign market

B. sales volumes is relatively low in the foreign market

C. the product offers greater value to customers in the foreign market

D. the product is more suitable to other foreign markets

E. domestic competitors are selling alternatives at reduced prices
Business
1 answer:
baherus [9]4 years ago
7 0

<u>Answer:</u> Option C

<u>Explanation:</u>

International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.

In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

You might be interested in
Which is an Internet service<br><br> A. Antivirus <br> B. Chat<br> C. Firewall <br> D. Router
djverab [1.8K]

Answer:

B. Chat

Explanation:

A. Antivirus is a program that runs on your computer and prevents it from being infected by stuff encountered on the Internet.

B. Chat is a messaging service that uses the Internet to work.  It's not a classical Internet service like the Web or email, but that's the closest thing in your answer choices.

C. A Firewall is another form of protection from the Internet, it blocks certain communications, but a firewall is not a service and it's not Internet-based.

D. Router is a machine that directs traffic between computers, not a service.

8 0
3 years ago
Read 2 more answers
The use of ___________ is based, in part, on the belief that the term is broader than public relations, and encompasses all comm
Ksivusya [100]

Answer: corporate communications

                             

Explanation: Corporate communications relate to how businesses and organizations interact with specific stakeholders, both internally and externally. These stakeholders include,. customers, media, employees and government etc.

Based on the group being discussed, corporate communications may come in many forms. In conclusion, the communication strategy for a company would generally consist of the printed word, verbal word, and un-spoken interaction.

The communication department of an organisation is responsible for a number of duchies to be performed such as public relations and customer marketing etc.

6 0
4 years ago
Lever Brothers is considering an idea for a new liquid laundry detergent that contains a whitening agent. The company presented
Harlamova29_29 [7]

Answer:

<em>e. concept testing.</em>

Explanation:

Concept testing is the method of determining the likely reaction of the consumer to a product idea prior to advertising.

The purpose of concept testing is to verify that a product idea is superior over competitive solutions to help consumers get a job done through a work-to-be-done lens.

We need to know what measures consumers use to assess the successful implementation of the work-to-be-done to make this decision.

The concept testing procedures succeed because such consumer measures are developed around them.Using this approach is the only idea test method and is an important step in our cycle of development, Outcome-Driven Development (ODI).

3 0
3 years ago
Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol
geniusboy [140]

Answer:

$ 2 per unit on average

Explanation:

Calculation for what the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

First step is to calculate the Relevant cost of making

Relevant cost of making = 9 + 7 + 1 + ( 5 * 80 % ) Relevant cost of making= $ 21

Now let calculate the Financial advantage of buying

Financial advantage of buying = ( 21 - 19 )

Financial advantage of buying= $ 2 per unit on average

Therefore the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:$ 2 per unit on average

8 0
3 years ago
When a competitive firm finds that the market price is below its minimum average variable cost level, it will sell:
Novosadov [1.4K]

Answer:

The correct answer is option B.

Explanation:

In the perfect co petition firm is a price taker. Firms do not decide price. Price is determined by demand and supply intersection. Firms face a horizontal demand curve. They can only adjust the quantity they supply.

In a perfect competition, if the price is not able to cover the average variable cost, it means that the firm will be incurring losses. The firm will thus shutdown and stop production.

5 0
4 years ago
Other questions:
  • An HR manager asked every candidate during an interview to describe a situation in the past in which they had to display their l
    10·1 answer
  • You work for Whittenerg Inc., which is considering a new project whose data are shown below. What is the project's Year 1 cash f
    6·1 answer
  • The advantage of setting priorities in your life is that you can _________. a. Easily change your habits and behaviors overnight
    7·2 answers
  • Peggy, a foreman at a petrochemical plant, asks the plant superintendent to hire an additional worker whenever overtime hours fo
    7·1 answer
  • The stock in Up-Towne Movers is selling for $46.00 per share. Investors have a required return of 11.1 percent and expect the di
    12·1 answer
  • A researcher sends a link to an internet based survey to every student at their university and encourages each to send the link
    13·1 answer
  • According to the Huff Gravity Model, the two factors which attract consumers to a store location are: travel time for customer t
    13·1 answer
  • Stock in Daenerys Industries has a beta of 1.3. The market risk premium is 7 percent, and T-bills are currently yielding 4.5 per
    14·1 answer
  • If the direct materials price variance is $500 favorable, and the direct materials quantity variance is $250 unfavorable, the jo
    15·1 answer
  • A company with significant assets and activities in multiple countries is known as a(n):____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!