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What global market-entry strategy did mary kay use when it entered india?

sdas [7]

The global market entry strategy that Mary Kay used when it entered India was the exporting market entry strategy. The priorities of Mary Kay when doing business was God first, family second and career third. In India however it was adapted that faith first, family second and career third. Mary Kay does this for the purpose of the religion and for the sake of respecting those who practice their religions.

8 0

3 years ago

Read 2 more answers

Oregon Outfitters issues 1,300 shares of $1 par value common stock at $21 per share. Later in the year, the company decides to r

Molodets [167]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $27,300

(1,300 × $21)

To Common Stock $1,300

To Paid in capital in excess of par-Common Stock $26,000

(Being issue of common stock is recorded)

2.Treasury stock Dr, $5,000

(250 × $20)

To Cash $5,000

(Being repurchase of treasury stock is recorded)

3. Cash Dr, $6,750

(250 × $27)

To Treasury stock $5,000

(250 × $20)

To Paid in capital-Treasury stock $1,750

(Being reissue of treasury stock is recorded)

3 0

3 years ago

Casey Communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. Thi

SVEN [57.7K]

Answer:

The company's current ratio increased.

Explanation:

What would happen to this company is that the company's current ratio would increase. The current ratio refers to a ratio that measures the company's capacity to fulfill its short-term obligations, usually within a year. Therefore, this can also be considered a liquidity ratio. The way in which it does it is by comparing the company's current assets to its current liabilities. The current ration in this case would increase due to the fact that the company used the money to pay off some of its short-term notes payable.

8 0

3 years ago

Top managers at cincinnati microwave believe that they have a successful working prototype of their new radar detector and plan

bearhunter [10]

The correct answer is the test marketing. Test marketing is being defined as the experiment that is being conducted in the laboratory by which they are likely comprise of the real life buying situations and as well as the actual stores by which is without the knowledge of the buyers that they are participating in the evaluation.

7 0

3 years ago

Farr Industries Inc. manufactures only one product. For the year ended December 31, the contribution margin increased by $560,00

vitfil [10]

Answer:

Farr Industries Inc

Contribution Margin Analysis

Planned Contribution Margin $5,200,000.00

Effect of change in sales:

Sales quantity factor (120,000-130,000)x$220 ($2,200,000)

Unit price factor ($250 - $220)x120,000 $3,600,000

Total effect of change in sales $1,400,000.00

<em>Effect of changes in variable cost of goods sold: </em>

Variable cost quantity factor (130,000-120,000)x $165 $1,650,000.00

Unit cost factor ($180-165) x 120,000 ($1,800,000.00)

Total effect of changes in variable cost of goods sold ($150,000.00)

<em>Effect of changes in variable selling and administrative expenses: </em>

Variable cost quantity factor (130,000-120,000)x $15 $150,000.00

Unit cost factor ($22-$15)x 120,000 units ($840,000.00)

Total effect of changes in

variable selling and administrative expenses ($690,000.00)

Actual contribution margin $5,760,000.00

I disagree with the President, seeing as though we see that the majority of the decrease in the variable cost of the products sold is due to the variable cost factor and also to the variable sales and administrative expenses because the company made additional sales efforts to stay competitive at increased prices

4 0

3 years ago