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Maslowich
2 years ago
13

Lisa Roark is the CEO of an e-commerce company located and operating only in the U.S. Recently, the company launched a new inexp

ensive data storage device which can also transfer data to another data storage device without an external accessory. This product fetched high revenue for the company. Lisa, therefore, decided to expand the business abroad through foreign direct investment (FDI). This scenario exemplifies _____.
Business
2 answers:
Triss [41]2 years ago
7 0

Answer: International entrepreneurship

Explanation:

International business is becoming vital to more entrepreneurs and to the economy of their country. International entrepreneurship is when an entrepreneur conducts business activities across national boundaries.

International entrepreneurship leads to growth in the business and generate more revenue to the firm as nee opportunities open up. Lisa expanding her business abroad through foreign direct investment signifies international entrepreneurship.

puteri [66]2 years ago
3 0

Answer:

International entrepreneurship

Explanation:

International entrepreneurship is the economic situation whereby an entrepreneur conducts business activities beyond national borders. By expanding her business beyond US borders, Lisa Roark exemplifies international entrepreneurship. International entrepreneurship can be in form of many things. It could be exporting, licensing, opening subsidiaries and sales offices in other countries, foreign direct investment and so on. Many entrepreneurs target the international markets now as it helps to contribute in the increase of sales and profit margin.

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uestions 1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe? 2. D
aniked [119]

Explanation:

1. This knowledge has enabled them to quickly adapt to the needs of its consumers in the United States and around the world.

2. The five stages of the purchase decision process are problem identification, search for information, comparing alternatives, the decision to buy, and the post-purchase feedback.

1. Problem identification involves recognition by customers that they have a problem.

2. Search for information is a stage in which these customers look for the solution to the identified problem.

3. Comparing alternatives requires customers to compare and contrast solutions offered by companies in terms of their cost advantages and disadvantages.

4. The decision to buy stage is when the customer decides to buy the product from Coppertone based on perceived advantages from their comparison of solutions.

5. Post-purchase feedback by consumers is a measure of the performance of the product they bought.

<u>3. i) Situational influences: </u>this could be thoughts about spending time outdoors at the beach or going on a road trip.

<u>ii) Psychological influences: </u>this may be in the form of self-awareness about the need to protect their skin and to improve their general well-being.

<u>iii) Sociocultural influences: </u>they probably came from a  background where beauty treatments are esteemed and part of their culture.

4. Interestingly, Coppertone is one of the major sponsors of the U.S. women's and U.S. men's soccer teams. It also does TV, social media, other digital marketing campaigns.

5. i) They face the threat of unstable demand since they deal with a seasonal product.

ii) Constant product innovation is very much needed in order to meet customer needs.

<u>Recommendations are:</u>

i) Publicity campaigns should be carried out to encourage all-round usage, to avoid the habit of customers waiting for the season before purchasing the product.

ii) Creating new Innovative products should be a priority for the organisation in order to appeal to their needs.

5 0
3 years ago
A broker has an exclusive right-to-sell listing on a building. An offer to purchase the building is received while the owner is
elena-s [515]

Answer:

Broker must obtain the signature of the seller to effect a contract.

5 0
2 years ago
A plant is proposing to install a combined heat and power system to supply electrical power and process steam. Power is currentl
Degger [83]

Answer:

Cumulative net present value of the project is:

= $33.5 million.

The discounted cash flow rate of return is:

= 26%

Explanation:

a) Data and Calculations:

The capital cost of the combined heat and power system = $23 million

Expected net savings per year = $10 million

Project period = 10 years

Discount rate = 12%

Annuity PV factor for 10 years at 12% = 5.650

Total PV of the cash flows = $56.5 million (5.650 * $10 million)

NPV of the project = $33.5 million

Annualized NPV = $33.5 million/5.650

= $5,929,204

Discounted cash flow rate of return = Annualized NPV/Investment * 100

= $5,929,204/$23,000,000 * 100 = 26%

6 0
2 years ago
What are the four challenges associated with telecommuting mentioned in the article​
OlgaM077 [116]

Answer:

It decreases the interaction of humans. It also blurs work and personal life. It also create difficulties in demonstrating workload. It enables technology to get in the way.

Explanation:

Generally, the applications of telecommunication and devices are accompanied by both positive and negative effects. It makes communication easy and transfer of information efficient. There are also negative effects of the use of telecommunication as outlined in the answer section above.

8 0
3 years ago
Read 2 more answers
Kevin plans to go to college after he graduates from high school. The tuition is $8,000 a year, and room, board, and books cost
blondinia [14]

Answer:

$30,000

Explanation:

Opportunity costs refers to the incomes or benefits a person, business or investor loses or forgone when one alternative is chosen over another.

Since Kelvin will lose earnings of $30,000 a year from a full-time job if Kevin decides to attend college, this $30,000 a year is therefore the opportunity cost.

8 0
3 years ago
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