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]
3 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]3 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
three-fourths of the burden, and sellers bear one-fourth of the burden. b. one-half of the burden, and sellers bear one-half of
zubka84 [21]

The correct option is: For each unit of the good that is sold, buyers bear <u>one-half of the tax burden and sellers bear one-half of  the tax burden.</u>

<u>Explanation</u>:

Incidence of tax is a term referred in economics which deals with division of taxes. Tax incidence refers to division of tax among the buyer and seller for a product. The tax incidence is related to the price elasticity of supply and demand.

When a product is sold, the buyer of the product is charged with one-half of the tax burden and the seller of the product bears the other-half of the tax burden.

The incidence of tax can be observed in two ways:

i) Formal incidence

ii) Effective incidence

7 0
3 years ago
Children with asthma can have severe asthma attacks if they catch common
BARSIC [14]

Answer:

All of the above can prevent the spread of infections

Explanation:

Germs are commonly known to be everywhere and can be spread in various ways, such as through the air in sneezes, coughs, or even breaths.

Hence, in this situation, in order to prevent the spread of germs, it is always advisable to carry out the following:

1. Make sure children take antibiotics every time they get sick

2. Wash your hands and children's hands often with soap and water

3. Cover your face with a re-usable handkerchief when you cough or sneeze

Therefore, the correct answer is "All of the above can prevent the spread of infections."

5 0
2 years ago
based on the diminishing returns to specialization, it is more realistic to assume that the units of resources required to produ
MatroZZZ [7]

Answer:

decrease.

Explanation:

Diminishing returns to specialization is when resources can freely used to produce any good. Units of resources required to produce one additional unit will decrease. The rate of output will increase with same resources.

8 0
3 years ago
Which situation best describes an oligopoly?
kvasek [131]
D - a large airlines work together to set high prices and eliminate
7 0
2 years ago
Beverage firms sometimes hire attractive young people to sit at fashionable bars, sipping the company's latest product offering.
Hatshy [7]

Answer: D. Reference group

Explanation: A reference group is usually used to make comparison. Generally, reference group could be an individual or a group of people which are used as a basis or standard for evaluating or comparing the behavior another individual or group. Individuals or groups being compared may to to emulate the belief, norms or attitude of the reference group.

Beverage companies employ attractive young ladies 'models' to serve as reference groups so that visitors will tend to be attracted or emulate their behavior or action so as to boost sales and increase revenue.

8 0
3 years ago
Other questions:
  • On February 22, Stewart Corporation acquired 12,000 shares of the 400,000 outstanding shares of Edwards Co. common stock at $50
    7·1 answer
  • Which of the following statements is correct?
    5·1 answer
  • Choose the word that best completes this sentence. ________ exist in the ground, air, and bodies of most living things but do no
    8·1 answer
  • 1. The Whitehall study found the following link between stress, our position on the social hierarchy, and how we put on weight:
    13·1 answer
  • ABC Company, which is headquartered in the U.S., has its production plant located in a less- developed country. In this producti
    11·1 answer
  • Amy, Allyson, and Kelly work in different teams at Oaktown Powersports. Amy's team ensures that all the raw materials, machinery
    13·1 answer
  • Glassmaker has pre-merger $5 in debt and $10 in equity. Rate on debt is 11%. The risk free rate is 6%. The tax rate is 40% . The
    10·1 answer
  • Exercise 14-04 a-c Bonita Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,70
    15·1 answer
  • Moral entrepreneurs people who wage moral crusades to control criminal law are a part of which view of crime?​
    14·1 answer
  • Jake owns The Corner Market which he is trying to sell so that he can retire and travel. The Corner Market owns the building in
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!