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
attashe74 [19]
3 years ago
13

When peter metcalf describes black diamond's manufacturing facility in china as a "greenfield project, he means that . of all ma

rket entry strategies, this one carries the risk. the customers for mountain sports equipment mostly have high disposable incomes. however, imagine that peter, thomas, and wim want to market some products to the bottom of the pyramid in mountainous countries like nepal and bhutan. what advice would you give them? check all that apply?
Business
1 answer:
Stolb23 [73]3 years ago
4 0
The answers are as follows:
1. When Peter Metcalf describes black diamond manufacturing facility in China as 'greenfield project', he means that BLACK DIAMOND BUILT THE PLANT AND OWNS IT COMPLETELY. Of all market entry strategies, this one carries the HIGHEST risk.
A greenfield project refers to a new facility or industrial plant that is built in a location where no such facility exist before. This means that such companies are usually the first of its kind in that environment. Such investment usually involves huge amount of money and other resources as the company has to build from scratch up. This type of market entry is considered to be very risky because it involves a lot of money and all this could be lost if things don't work out as planned. 

2. The following advice should be given to Peter, Thomas and Wim:
I. Recruit local people to work as sale people and distributors.
II. Research what people with annual income of less than US $1,500 really need.
III. Assign Research and Development the project of developing gears that meet the basic needs for warmth and dryness but can be manufactured inexpensively.
Since these three people intend manufacturing for people of lower income in the society, they have to take the above listed steps in order to reduce the amount of money spent during the production process and distribution period so that they will be able to make profits from the venture.
You might be interested in
In an​ economy, the​ working-age population is 100 million. Of this​ total, 80.0 million workers are employed. 3.0 million worke
denis-greek [22]

Answer:

Unemployment rate = 3.6%

Explanation:

Unemployment is the number of people who are willing to work and are actively seeking work but are unable to find it. The unemployment rate is the unemployed / total number of people in the labor force x 100.

In the above scenario, the unemployed is 3 million people. The others are either already employed, unavailable, unwilling or not seeking work.

The labour force comprises of those who are employed and unemployed, that is 80million + 3million = 83 million.

Hence, unemployment rate = (3/83) x 100 = 3.6%

6 0
3 years ago
brainly Stuart Manufacturing Company was started on January 1, year 1, when it acquired $89,000 cash by issuing common stock. St
HACTEHA [7]

Answer:

Stuart Manufacturing Company

Assets = $107,200

Explanation:

a) Data and Calculations:

Cash Account

Common stock $89,000

Furniture            (32,000)

Equipment         (40,000)

Salaries               (12,000)

Wages                (21,000)

Raw materials   (26,000)

Sales                   72,000

Cash balance  $30,000

Inventory:

Cost = $26,000

Units produced = 10,000 units

Cost per unit = $2.60 ($26,000/10,000)

Cost of goods sold = 8,000 * $2.60 = $20,800

Ending inventory = 2,000 * $2.60 = $5,200

Sales Revenue = 8,000 * $9 = $72,000

Assets:

Cash                     $30,000

Ending inventory     5,200

Furniture               32,000

Equipment            40,000

Total                  $107,200

b) An asset is something that brings in future cash flows to the business entity.  It is made up of Cash and Cash Equivalents, Inventories, Property, Plant, Equipment, and other business investments.  Assets are funded from finance provided by creditors and the equity owners, and they generate economic values.

5 0
3 years ago
Discuss the potential problems for a business which does not keep adequate business records. (8 marks)
polet [3.4K]

it's mostly custumer service most of the time of take care of that mostly ok

4 0
3 years ago
hailey corporation pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next 8 years an
Elena-2011 [213]

The current share price is approximately $69.47

<h3>What is the Share price?</h3>
  • The cost of one share of a group of marketable equity shares of a firm is known as the share price.
  • Simply put, the stock price is either the lowest possible price or the maximum price someone is ready to pay for the stock.
  • Analysts estimate the behavior of asset prices, especially share prices in stock markets, using random walk approaches in economics and financial theory.
  • The share price method is predicated on the idea that investors behave logically and impartially and constantly appraise the value of an asset based on expectations for the future.
  • In such a scenario, the price is influenced by all available information and is only subject to alteration in response to the release of new information.

Share price = $13.5 × Present value of annuity factor(11%,8)

Share price =$13.5 × 5.146122761

Share price =$69.47(Approx).

Hence, the current share price is approximately $69.47

To learn more about Share price from the given link

brainly.com/question/28546868

#SPJ4

5 0
1 year ago
Maintaining ___________ involves producing what the customer wants while reducing errors before and after delivery to the custom
earnstyle [38]

Answer:

Quality

Explanation:

In business terms the quality is the level of service or product meets the customer's expectation. Customer want a good quality product or service in a competitive price. Some customers can compromise on the price factor but they require high quality without any error or defect. So, producing what customer wants is called Quality.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Dragonfly, publisher of children's books, has purchased White Rabbit, another publisher of children's books. Both companies' boo
    9·1 answer
  • Copywriters can correlate the visual and headline to the _____ step of the creative pyramid.
    12·1 answer
  • The document that lists the steps of the budget process is the
    12·1 answer
  • HELP ASAP!! What process includes sending rough drafts to the client for approval?
    14·1 answer
  • Telemarketers receive $15 commission on all new customers they sign up for cell phone service through Movill Networks. Each tele
    7·1 answer
  • Excel Memory Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity.
    15·1 answer
  • Dressing a grinding wheel is defined as
    8·1 answer
  • Your daily budget is $650 and your ad clicks range in cost from $1.71 to $2.25. What's the maximum amount of clicks you could re
    9·1 answer
  • Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in t
    12·1 answer
  • Setting objectives and identifying methods to achieve those objectives is called.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!