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AfilCa [17]
3 years ago
12

Global competition exists when Group of answer choices a firm produces and markets its products domestically rather than globall

y. firms originate, produce, and market their products and services worldwide. two firms from two different countries compete for market share in a single domestic market. two or more firms from different nations combine their resources to market products in a single domestic market. the firm from one nation dominates the market for its product in every nation.
Business
1 answer:
Rudik [331]3 years ago
4 0

Answer:

firms originate, produce, and market their products and services worldwide.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

World Trade Organization (WTO).

United Nations (UN).

International Monetary Fund (IMF).

Global competition exists when firms originate, produce, and market their products and services worldwide.

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When Pat was talking with his customer about the new accounting system, his customer mentioned that she thought the new system w
amid [387]

Answer:

overcoming reservations

Explanation:

From the question we are informed about Pat who was talking with his customer about the new accounting system, his customer mentioned that she thought the new system was not going to fit into their budget. Pat explained that once her people were trained on it, it would require less time to process orders, and therefore save her money in payroll. The part of the sales presentation demonstrated in this case is an example of overcoming reservations.

Sales presentation can be regarded as sales pitch and it's a selling technique which can be explained as line of talk which is an attempts of persuading someone or something, using a planned sales presentation strategy of particular product/service which is been designed to initiate as well as close a sale of that particular product or service, example of this is overcoming reservations which is a method of persuading customers.

8 0
3 years ago
Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1,200 at poker. Also this year
timurjin [86]

Answer:

$1,450

Explanation:

Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1,200 at poker.

Also this year, Rhett made several trips to the racetrack, but he lost $700 on his various wagers.

The amount must Rhett include in his gross income includes that on this trip Rhett won $250 at the slots and $1,200 at poker which is $1,450

The internal Revenue Service requires that <u>''You must report all gambling winnings as "Other Income".</u> When you have gambling winnings, you may be required to pay an estimated tax on that additional income.

6 0
4 years ago
Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs
Svetach [21]

Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs and stored them out of season. The excess production is buffer stock.

Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.

Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.

Learn more about demand here:brainly.com/question/1245771

#SPJ4

4 0
2 years ago
A billionaire offers to give you $5 billion if you will count out the amount in $1 bills or a lump sum of $5000. how long would
Over [174]

There is 24 hours in a day and you need to rest for 10 hours a day, so working hours = 14 hours

There is 60 minutes in one hour so if you count one dollar per sec,

14 hours/day x 60 min/hr x 60sec/min x $1 / sec = $50,400

So you can count $50,400/day and when there is $5 billion which is equal to = $5,000,000,000

And there is 365 days in a year so,

<span>$5,000,000,000 / ($50,400/day) = 99206.35 / 365 = 271.8 years</span>

7 0
3 years ago
Read 2 more answers
2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat
krok68 [10]

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

8 0
4 years ago
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