The two trends that influenced global marketing in the last decade were:
- Formal economic integration.
- Free trade between nations.
Global marketing can be defined as a management strategy for organizations that also market their products and services in foreign countries.
Globalization has enabled formal economic integration and free trade between nations, and has created the possibility for companies to increase their profitability and market share.
As an example, we can mention the fast-food chain <em>Mc Donalds,</em> which has a presence almost all over the world, but which adapts its burgers according to local habits.
Therefore, a global company must adopt global marketing, that is, adapt to local customs, culture and preferences for the business to be successful.
Learn more here:
brainly.com/question/1528741
Answer:
the LIFO inventory value at 2014 year end is $1.3 billion
Explanation:
The calculation of the LIFO inventory value at 2014 year end is as follows
LIFO inventory value at year-end 2014 is
= FIFO inventory - LIFO reserve
= $2.1 billion - $0.8 billion
= $1.3 billion
Therefore, the LIFO inventory value at 2014 year end is $1.3 billion
The same is to be calculated by applying the given formula
Answer:
The break even in dollars is $23000000
Explanation:
The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.
Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B
Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5 = 0.37
Break even in dollars = 8510000 / 0.37
Break even in dollars = $23000000
Hello !
Answer:
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the <u>union</u> shop.
Answer:
It is Conflict of interest. (B)
Explanation:
A conflict of interest arises when what is in a person’s best interest is not in the best interest of another person or organization to which that individual owes loyalty.
For example, Azim is helping himself here but simultaneously hurting his employer by agreeing to give out his current employer young designer's drawings to a close competitor.
A conflict of interest exists when a person must answer to two different individuals or groups whose needs are at odds with each other. In this case, serving one individual or group will injure the other.
