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Vedmedyk [2.9K]
3 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]3 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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During the direst part of the Great Depression, approximately ______ percent of the nation's workers was unemployed.
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29.4 percent of workers
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BP and Halliburton executives made the decision not to invest in the oil well blowout preventer that experts believe would have
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relaxed avoidance.

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A short term downward slope in economic activity results in decreases in output, income, and employment and may lead to a ______
ICE Princess25 [194]

Answer:

A) Recession

Explanation:

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3 years ago
Read 2 more answers
Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term Liabilities Recent balance sheet information
Blababa [14]

Answer:

Please see answer below

Explanation:

a. Determine the ratio of liabilities to stockholder's equity for both companies

Debt to equity ratio = Total liabilities / Shareholder's equity

• Mondelez

Total liabilities = 14,873,000 + 15,574,000 + 12,816,000

= 43,263,000

Shareholder's equity = 32,215,000

Debt to equity ratio = 43,263,000/32,215,000

= 1.34

• Hershey

Total liabilities = 1,471,110 + 1,530,167 + 716,013

= 3,717,290

Shareholder's equity = 1,036,749

Debt to equity ratio = 3,717,290/1,036,749

= 3.59

b. Determine the ratio of fixed assets to long-term liabilities for both companies

•Ratio of fixed assets to long term liabilities = Fixed assets/Longterm liabilities

•Mondelez

Fixed assets = 10,010,000

Long term liabilities = 15,574,000 + 12,816,000

= 10,010,000/28,390,000

= 0.35

• Hershey

Fixed assets = 1,674,071

Long term liabilities = 1,530,167 + 716,013

= 2,246,180

= 1,530,167/2,246,180

= 0.68

5 0
3 years ago
When Wisconsin Corporation was formed on January 1, the corporate charter provided for 100,000 share of $10 par value common sto
SOVA2 [1]

Answer:

Option (C) is correct.

Explanation:

The Journal entry is as follows:

Cash A/c (8,500 × $16) Dr. $136,000

      To  Common stock  $85,000          

       To Paid in Capital in Excess of Par $51,000

Workings:

Common stock:

= Shares of stock × Par value of stock

= 8,500 shares × $10

= $85,000

Paid in Capital in Excess of Par:

= 8,500 shares × ($16 - $10)

= 8,500 shares × $6

= $51,000

8 0
3 years ago
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