Less elastic than the demand for dr. pepper.
If the only change that will be made is language translation on the various packaging. Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.
<h3>What is marketing strategy?</h3>
Marketing strategy can be defined as the strategy applied when creating awareness about a product so as to generate more sales.
Standardized global marketing strategy enables companies to market or promote their product or brand internationally or across the globe.
Therefore Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.
Learn more about Marketing strategy here: ttps://brainly.com/question/25640993
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Answer:
false
Explanation:
Internal information is the information developed from activities that occur within the organization.
Definition
Answer:
Arithmetic = 3%
Geometric = 2.37%
Explanation:
The arithmetic average of 'n' returns is given by:

For five returns of 5% ,21%, -12%, 7%, and -6%:

The geometric average of 'n' returns is given by:
![G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1](https://tex.z-dn.net/?f=G%3D%5Csqrt%5Bn%5D%7B%281%2Br_1%29%2A%281%2Br_2%29%2A...%2A%281%2Br_n%29%7D-1)
For five returns of 5% ,21%, -12%, 7%, and -6%:
![G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%](https://tex.z-dn.net/?f=G%3D%5Csqrt%5B5%5D%7B%281%2B0.05%29%2A%281%2B0.21%29%2A%281-0.12%29%2A%281%2B0.07%29%2A%281-0.06%29%7D-1%5C%5CG%3D0.0237%3D2.37%5C%25)