When multinational companies come into a nation, they serve as additional competition for businesses in the new country. For Leyla and Sofia who have been told to develop a strategy to defend against the entry of multinational companies into Vietnam, two strategic approaches they can employ are;
- Deploy (1) acquisition and (2) rapid-growth strategies to better defend against expansion-minded internationals.
For their company to better match these multinational companies, they have to come up with strategies to make their business stand out.
Customer acquisition strategies can be designed to convert prospects into real customers. Content marketing and advertising are ways to do this.
Also, rapid growth strategies like diversification, product innovation, and market penetration can also help their company defend against the multinational companies.
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Answer:
(a) Bank Reconciliation statement:
Bank's cash balance:
= Per bank statement + Deposits outstanding - Checks outstanding
= $22,346 + $1,725 - $1,300
= $22,771
Therefore, bank balance per reconciliation is $22,771.
Company's cash balance:
= Per general ledger - service fees
= $22,810 - $39
= $22,771
Therefore, company balance per reconciliation is $22,771.
(b) Journal entry to adjust balance for cash is as follows:
Bank service charge expense A/c Dr. $39
To Cash A/c $39
(To record bank service charge)
The other party can bring the subject to court or ask for repayment. Please mark Brainliest!!!
A. i think , hoped this helped