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Monica [59]
3 years ago
13

Describe how a firm would need to adapt to the marketing of each of these products to suit the conditions of China, Germany and

Saudi Arabia
Business
1 answer:
AURORKA [14]3 years ago
7 0
Products must be adapted to accommodate national differences arising from customer preferences and each market’s economic conditions, climate, culture and language. Think about the following products: packaged flour, swimsuits, textbooks and cars. For each of these products, describe how a firm would need to adapt different marketing program elements to suit conditions in Australia, China and Saudi Arabia. Keep in mind that China is an emerging market with low per capita income, Saudi Arabia is an emerging market with a conservative culture rooted in Islam, and Australia is an advanced and liberal economy. In developing your answer for each product, think especially about the nature of the product, its pricing and distribution and how a firm would promote it in the market.
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Assume the firm has a tax rate of 22 percent. c-1.Calculate return on equity (ROE) under each of the three economic scenarios be
MakcuM [25]

Answer:

From the attached excel file, we have:

a-1. We have:

ROE under recession = 10.43%

ROE under normal = 13.21%

ROE under expansion = 14.92%

a-2. We have:

Percentage changes in ROE when the economy enters a recession = -21.00%

Percentage changes in ROE when the economy expands = 13.00%

b-1. We have:

ROE under recession = 15.63%

ROE under normal = 21.06%

ROE under expansion = 24.42%

b-2. We have:

Percentage changes in ROE when the economy enters a recession = -25.77%

Percentage changes in ROE when the economy expands = 15.95%

c-1. We have:

ROE under recession = 8.14%

ROE under normal = 10.30%

ROE under expansion = 11.64%

c-2. We have:

Percentage changes in ROE when the economy enters a recession = -21.00%

Percentage changes in ROE when the economy expands = 13.00%

c-3. We have:

ROE under recession = 12.19%

ROE under normal = 16.43%

ROE under expansion = 19.05%

c-4. We have:

Percentage changes in ROE when the economy enters a recession = -25.77%

Percentage changes in ROE when the economy expands = 15.95%

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. Kindly see the attached pdf file for the complete question.

Also note: See the attached excel file for all the calculations required.

In the attached excel file, the following formula is used:

Percentage in ROE = ((ROE of Recession or Expansion - ROE of Normal) / ROE of Normal) * 100

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
5 0
3 years ago
El Niño wind patterns affected the weather across the United States during the winter of 1997–1998. Suppose the demand for home
Fed [463]

Answer:

The price elasticity of demand for home heating oil is-0.36

Explanation:

In order to calculate the price elasticity of demand for home heating oil we would have to use the following formula:

Elasticity of demand = (dQ/dPhho)*(P/Q)

According to the given data we have the following:

demand for home heating oil in Connecticut=Q = 20 – 2 Phho + 0.5 Png – TEMP

current price of home heating oil=$1.20

current price of natural gas =$2.0

Therefore, if Q = 20 – 2 Phho + 0.5 Png – TEMP, then:

Q=20 – 2*1.2 + .5*2 – 12

Q=6.6

Therefore, price elasticity of demand = (-2)*(1.2/6.6)

price elasticity of demand =-0.36

The price elasticity of demand for home heating oil is-0.36

5 0
3 years ago
Average variable cost equalsa. average total cost minus average fixed cost. b. total variable cost divided by the change in outp
posledela

Answer:

a. Average total cost minus average fixed cost.

Explanation:

  • Total cost of production (TC)  can be expressed as the sum of two elements: total fixed cost (F) -those cost that do not vary with output level - and  total variable cost (V) - which are those cost that vary with the level of production. TC=F+V
  • Average total cost (ATC) is simply the division of total cost by the output produced (Q): ATC=\frac{TC}{Q} =\frac{F+V}{Q}=\frac{F}{Q}+\frac{V}{Q}.
  • Average variable cost (AVC) is the division of variable cost by the output produced: AVC=\frac{V}{Q}.
  • Then, average variable cost  can be obtained by :
  1. dividing the total variable cost by output (option c) or
  2. subtracting to average total cost the fixed average cost (\frac{F}{Q}), (option a).
7 0
3 years ago
Which of the following might be considered e-waste?
mr_godi [17]

A.) VCR


VCRs are considered a e-waste.

3 0
3 years ago
What do you think the curves would look like in the next 100 years?
9966 [12]

Answer:The last 100 years have seen a massive fourfold increase in the population, due to medical advances, lower mortality rates, and an increase in agricultural productivity made possible by the Green Revolution.

4 0
2 years ago
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