Answer: Option A
Explanation: A convenience store might be part of a gas / petrol station, allowing consumers to easily buy goods and services when fueling their vehicles. It may be situated along a busy highway, in a metropolitan area, alongside a train or train station, or at another regional hub.
Generally convenience stores charge significantly higher prices than traditional grocery stores or supermarkets, as these wholesalers order limited stock amounts at higher per-unit prices. Convenience stores, however, compensate for this deficit by providing longer open hours, more locations and shorter cashier lines.
The Right response is Option D i.e Entry Modes.
The local business climate and a company's core competencies are only two of the numerous considerations when deciding how to enter a new market abroad. The institutional setup via which a business introduces its goods, technology, workforce, or other resources into a market is known as an entry method.
<h3><u>What is the meaning of entry mode?</u></h3>
- Entry mode is: “a structural agreement that allows a firm its product market strategy in a host country either by carrying out only the marketing operations, or both production and marketing operations there by itself or in partnership with others”
To learn more about entry mode, click the links.
brainly.com/question/14941389
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Correct Question - Companies like My Gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
A. buybacks
B. bills of exchange
C. offsets
D. entry modes
E. management contracts
Answer:
The Penetration Strategy
Explanation:
The penetration strategy is aggressive. It primarily seeks to increase a firm's share of total sales in a particular market or for a particular product. The prices are lowered to achieve the acquisition of a large percentage of consumers in a competitive market.
One of the goals of the firms who use this strategy is to significantly reduce the sales of the competitors so much so, they are forced to drop out of that market.
To effectively carry out the penetration strategy, the following methods are used:
- Price reduction which is what this question is about
- Terms Improvement- Better customer experience among others
- Expanded Marketing- Creative ways of marketing existing products
- Product Differentiation- Creating a radically different product that attracts customers
- Distribution Channel - Creating more aggressive channels for product distribution
Answer:
$120,000
Explanation:
Given:
Shares owned by Fritz = of number of the shares of the other three shareholders i.e of all the shares
Shares owned by Luis = of number of the shares of the other three shareholders i.e of all the shares
Shares owned by Alfred = of number of the shares of the other three shareholders i.e of all the shares
Therefore,
Shares owned by them together =
= of all shares,
This means that Werner owns = 1 − of all shares,
= of all shares
i.e
= × $3,600,000
= $120,000
Answer:
Controls help to better define an organization's objectives so that employees and resources are focused on them. They safeguard against misuse of resources and facilitate corrective measures. Having good records means management will better understand what happened in the past and where change can be effective.
Explanation: