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Vedmedyk [2.9K]
4 years ago
15

Morrison Foods has decided to introduce a new line of turkey products to the American consumer. Turkey steaks resemble beefsteak

in taste and are leaner and healthier for a variety of reasons. However, the company is concerned that the product will not be accepted in America. If Morrison Foods follows a strategy of ________, they are more likely to have a successful introduction of the new product.
Business
1 answer:
lesya [120]4 years ago
6 0

Answer:

Cultural congruence

Explanation:

Cultural congruence refers to the process that leads towards an efficient interaction between the producers and the consumers. This process is modeled upon the phenomena of evolving and growing cultural significance. The amalgamation and interaction between the provider and the consumers lead to the quality of the service provided.

The given excerpt brings towards the use of the strategy of cultural congruence. The company Morrison Foods took the step of introducing Turkey products to American consumers. Improving the quality of the product and the mode of communication and care may help the company establish a good relation and customers in America.

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Explain where in the U.S. balance of payments an entry would be recorded for each of the following:
aleksandrvk [35]

Answer:

a. This a capital inflow and it will be recorded in the capital account in the BOP in the BOP.

b. This is an imports of merchandise and it will be recorded under current account in the BOP.

c. This is also an import of merchandise and it will be recorded under current in the BOP.

d. This is an exports of merchandise and it will be recorded under current in the BOP.

e. This an outflow of capital and it will be recorded under capital accounts in the BOP.

f. This is a purchase or import of service and it will be recorded under current account in BOP.

g. This is a sale or export of service and it will be recorded under current account in the BOP.

Explanation:

Balance of Payment (BOP) refers to the statement in which every monetary transactions made between residents of a country and the rest of the world during a specific period are recorded.

Balance of payments records the inflows and outflows of capital which monitors under capital account, imports and exports of merchandise and service which are monitor under current account, and financial transactions.

Therefore, we have:

a. A Hong Kong financier buys some U.S. corporate stock.

This a capital inflow and it will be recorded in the capital account in the BOP in the BOP.

b. A U.S. tourist in Paris buys some perfume to take home.

This is an imports of merchandise and it will be recorded under current account in the BOP.

c. A Japanese company sells machinery to a pineapple company in Hawaii.

This is also an import of merchandise and it will be recorded under current in the BOP.

d. U.S. farmers make a gift of food to starving children in Ethiopia

This is an exports of merchandise and it will be recorded under current in the BOP.

e. The U.S. Treasury sells a bond to a Saudi Arabian prince.

This an outflow of capital and it will be recorded under capital accounts in the BOP.

f. A U.S. tourist flies to France on Air France.

This is a purchase or import of service and it will be recorded under current account in BOP.

g. A U.S. company sells insurance to a foreign firm.

This is a sale or export of service and it will be recorded under current account in the BOP.

3 0
3 years ago
40 pts
Finger [1]

Answer:200

Explanation:

8 0
4 years ago
Read 2 more answers
When you state exactly when you must complete your goal, this is which part of the SMART goal?
nirvana33 [79]
T for timely. Hope this helps!
5 0
4 years ago
Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,500 units ar
Ugo [173]

Answer:

The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be $44850.

Explanation:

For computing the cash disbursement the following equation is to be used which is shown below:

= Sales units × variable selling and administrative expense per unit + Fixed selling and administrative expense - Depreciation

= 3,500 × $4 + $35,850 - $5,000

= $14,000 + $35,850 - $5,000

= $44,850

Since all information is given on month basis, so we don't need to change in year basis as we have to calculate for march monthly only.

Hence, all things is to be considered for computing cash disbursement for march month.

Thus, The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be $44850.

6 0
3 years ago
Certain criteria must be satisfied if a measurement or observation is to be believed. will the criteria necessarily be as strict
Schach [20]

An unexpected result is examined a lot more closely, since it must disagree with some currently accepted theory to be accepted as unexpected. If something is expected, we generally don't question it, although this is sometimes a tragic mistake and may cost a lot more for a person.

4 0
3 years ago
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