Answer:
A. Straight Extension Strategy
Explanation:
Straight Extension product strategy refers to maintaining the same quality, attributes and utility of products both in the domestic and the international market.
This strategy is usually followed for those products which are globally acclaimed and thus need for any alteration or promotion is undesirable as the market for such products has already been created.
As the word suggests, extension means extending the same product globally.
Hence, this is a case of A. straight extension strategy
The answer would be D you can look it up
Answer:
False. That is one of many.
Explanation:
False. That is one of many.
Answer:
The correct answer is "Market the same products to similar customers."
Explanation:
Without new products, Erik will keep marketing the same products to similar customers. This does not propose any expansion of the company. It can lead to stagnant business and less chances for the business to cover more markets and grow in different environments.
Expansion helps companies to grow and touch markets that were not being catered to earlier. It helps them to earn more and become bigger than before. Erik cannot do that if he does not introduce new products in the market.
Answer:
The Village
The two reconciliation entries that Village must include in its government-wide financial statements relating to its Bond Liability are:
1. Debit Interest Expense $500
Credit Interest Payable $500
To record the accrued interest expense for the year.
2. Debit Cash $3,000
Credit Bond Liability $3,000
To record the issuance of new bonds during the year.
Explanation:
a) Data and Analysis:
Beginning bond liability = $10,000
Interest Expense $500 Interest Payable $500
Cash $3,000 Bond Liability $3,000
b) The first is to accrue interest expense of $500 and record Interest Payable of $500. The second is to record the new Bonds issued during the year.