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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.

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Kate wants to analyze the target audience for her company's product. She wants to understand their needs so she can relate to th
Licemer1 [7]

Answer:

psychological and social

Explanation:

Since in the question it is mentioned that Kate wants to analyze the target audience and wants to understand the needs its product is luxuries homes

So here in the given situation, She wants to use the maslow hierachy of needs so that she is able to understand the buyer needs

So here the  Psychological and social would be considered as this is a relevant

4 0
3 years ago
Erica decides to spend $50 on a ticket to a concert with friends instead of buying a new pair of jeans. What is the opportunity
Ganezh [65]

Answer:

The benefit of having a new pair of jeans

Explanation:

4 0
3 years ago
Read 2 more answers
A corporation uses the perpetual inventory system. On May 1, it sells merchandise on account for $10,000 with terms 2/10, n/30 t
Elza [17]

Answer:

d) debit to cash for $8,820

Explanation:

The Journal entry is shown below:-

Cash Dr, $8,820 ($9,000 - 2% × $9,000)

            To Accounts Receivable $8,820

(Being is recorded)

Here we debited the cash as increases the assets and credited the accounts receivable as it decreases the assets.

Working note:

Net sales = Sales - Sales returns

= 10,000 - $1,000

= $9,000

3 0
4 years ago
Calculate ending inventory and cost of goods sold for 2015, assuming the company uses specific identification. Actual sales by t
Zielflug [23.3K]

Answer:

The value of closing inventory is $3,500

Cost of goods sold $40,670

Explanation:

The two tasks here is to compute the value of closing inventory and the costs of goods sold during the year.

The fact that all opening inventory units were sold and that 230 units out of 250 units bought on May 5 leaves 20 units of that batch inventory in closing inventory.

Also, 20 units of 200 units bought on November 3 in inventory since 180 units were already sold.

Hence the value of closing inventory is computed thus:

May 5 20*$85=$1,700

Nov 3 20*$90=$1,800

Total               $3,500

The costs of goods sold are is computed thus:

Opening inventory 60*$82 $4,920

May 5 230*$85                 $19,550  

Nov 3 180*$90                  $ 16,200  

Total                                   $40,670  

7 0
3 years ago
Suppose Pheasant Pharmaceuticals is evaluating a proposed capital budgeting project (project beta) that will require an initial
N76 [4]

Answer:

c) -$877,874d

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in :

Year 0 = $-2,225,000

year 1 = $375,000

year 2 = $425,000

year 3 = $400,000

year 4 = $475,000

I = 9%

NPV = $-877,873.94

5 0
3 years ago
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