After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
What is global market?Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.
It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.
Examples of global markets are :
Fast-moving consumer goodsClothingAutomobilesBanking,Fast food companiesHence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
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What is the Brain Drain Phenomenon and how does it impact developed and developing nations?.
Brain drain is the emigration of people who are favorably proficient or competent in their domain of study.
What is the brain drain phenomenon?Brain drain is defined as the emigration of people who are positively experienced or trained in their occupation of investigation.
The avoidance of these groups of experienced professionals may be due to adequate living situations or higher salary.
The effects of Brain drain on producing countries are countless, but it is better on the opposing side.
The phenomenon has generated a baneful influence on developing countries, mainly in Africa.
As these qualified individuals travel to developed countries, they become more affluent and the developing countries become more deficient.
In emerging countries, this has resulted in a lack of innovation and industrial progress, as well as economic instability, which leads to unemployment, political instability, a loss of education investment, tax income, and a shortage of trained personnel.
Therefore, the brain drain phenomenon impacted the economy in a very negative way.
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Salaried executives, administrative, and professional employees are exempt from over time rules as outlined in the _____.
The administrative, and professional employees are exempt from the rules in Fair Labor Standard Acts of 1938.
What is Fair Labor Act?It should be noted that the Fair Labor Act simply means an act that was passed to ensure fair practices in organizations.
In this case, the administrative, and professional employees are exempt from the rules in Fair Labor Standard Acts of 1938.
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Jonathan is pursuing a degree in marketing. He researched income trends and expects his starting annual salary to be $35,000. Based on his expected income, what would you recommend as his maximum student loan debt
Jonathan is pursuing a degree in marketing. He researched income trends and expects his starting annual salary to be $35,000. Based on his expected income of $34,000, maximum student loan debt will be recommended.
Creating interest in your company's goods or services is known as marketing. This is accomplished by market research, analysis, and comprehension of the interests of your prospective clientele. Product creation, distribution channels, sales, and advertising are all included in the definition of marketing.
In dictionaries for the first time in 1897, the term "marketing" was defined as the modern process of getting commodities from producer to customer with a focus on sales and advertising. The word marketing is a translation of the Latin word Mercatus, which refers to a market or a trader.
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a company reported a gross profit percentage of 20% with net sales of $347,800. What is the amount of cost of goods sold
Based on the information given the amount of the cost of goods sold is:$278,240.
Cost of goods soldUsing this formula
Cost of goods sold=(1-Gross profit percentage)×Net sales
Let plug in the formula
Cost of goods =(1-.20)×$347,800
Cost of goods sold=.80×$347,800
Cost of goods sold=$278,240
Inconclusion the amount of the cost of goods sold is:$278,240.
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What happens in a perfectly competitive industry when economic profit is greater than zero?.
New firms may enter the industry when economic profit is greater than zero.
What happens when economic profits equal zero?An enterprise could be in a kingdom of normal income whilst its financial profit is identical to zero, that's why regular earnings are also called “zero monetary earnings.” Normal earnings take place on the factor where all resources are being successfully used and could not be positioned to higher use someplace else.
Profit equals overall sales minus the overall fee. General value includes all of the opportunity costs of the firm. in the 0-earnings equilibrium, the firm's revenue compensates the owners for the time and money they deplete to maintain the commercial enterprise going.
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Suppose at the current price, the price elasticity of demand for a campus film series is 1.5. If administrators cut the price, total revenue will
If administrators cut the price of the campus film, total revenue will increase.
What is the price elasticity of demand?
The price elasticity of demand measures the percentage change in quantity demanded as a ratio of the percentage change in price.
If the price elasticity of demand is greater the one, it means that demand is elastic. This means that when prices are reduced, revenue would increase as the quantity demanded would increase.
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Athletic Elite Inc. has 20,000 shares outstanding and nine directors. Its articles provide for cumulative voting.
1. What number constitutes a quorum of shareholders?
The answer to this question is for the quorum of shareholders at least 10001 shares must be represented. Why 10001 shares must be represented?
2. Assume that the corporation is holding a meeting to vote on a merger. How many votes will Miguel have? The answer is if the corporation is holding a meeting to vote on a merger Miguel will have 500 votes.
Why will Miguel have 500 votes instead of 1000?
The number that constitutes a quorum of shareholders is two. These two shareholders are allowed to be present in person or in proxy.
Why 10001 shares must be represented?10,001 shareholders must be represented because, in order for a decision to be made at the shareholder's meeting, at least 51% of the total number of shares or the group or persons holding over 50% of the share must vote in that direction. 10,001 represents over 50% of 20,000 shares.
Please note that there is insufficient information from the question to answer questions relating to Miguel.
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Be You-tiful Co. , a large cosmetics and skincare company, decided to sell its hair care division because it isn't as profitable as its other divisions. This will allow the company to focus its efforts and funds on becoming a prominent competitor in the beauty industry. What type of plan is this?
The type of plan involved when You-tiful Co, decided to sell its hair care division for lack of profitability in comparison to other divisions is B) Divestiture.
What is divestiture or divestment?Divestiture or divestment is a business strategy that involves the selling of some unprofitable divisions of a company to maximize its value.
The type of plan involved in the scenario is not a joint venture, concentric diversification, liquidation, or horizontal integration.
Answer Options:A) Joint venture
B) Divestiture
C) Concentric diversification
D) Liquidation
E) Horizontal integration
Thus, the type of plan involved when You-tiful Co, decided to sell its hair care division for lack of profitability in comparison to other divisions is B) Divestiture.
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Blue Spruce Corp. Has the following inventory data: July 1 Beginning inventory 126 units at $19 $2394 7 Purchases 441 units at $20 8820 22 Purchases 63 units at $22 1386 $12600 A physical count of merchandise inventory on July 30 reveals that there are 210 units on hand. Using the average cost method, the value of ending inventory is $4074. $4,326. $4,269. $4,200
The value of ending inventory using the average cost method is $4,200.
What is the ending inventory?In order to determine the ending inventory using the average cost method, the total cost of inventory would be divided by the total inventory bought. The average price would be multiplied by the ending inventory.
Average cost = $12,600 / (126 + 441 + 63) = $20
Ending inventory = $20 x 210 = $4,200
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Margita has an employee who is struggling with meeting quotas and attendance. You offer her advice by telling her to not use the ________ as it will not provide guidance on improving employee behavior.
The attribute approach won't not provide guidance on improving employee behavior.
What is employee behavior?It should be noted that employee behavior simply means the traits that are showed by employees at work.
In this case, Margita has an employee who is struggling with meeting quotas and attendance. Therefore, the advice is that the attribute approach won't not provide guidance on improving employee behavior.
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At Newton Manufacturing, workers are encouraged to find their own solutions to problems and to implement their solutions when practical. They work with little supervision because management feels they are committed and creative workers. Newton's policy reflects a __________ attitude about workers.
The policy that Newton Manufacturing has reflects a theory Y attitude about workers.
What is a theory Y attitude about workers?This is the participatory theory of management that exists in organizations. It is one where the manager would feel like the workers are reliant and motivated enough to find their way.
This is shown here because the workers are encouraged to find their way through issues themselves.
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In MS Word, which items are you able to format?
(What types of things do/can we format?)
A: Text
B: Table
C: Menu
D: Both A & B
Answer:
Explanation:
both A & B
Terrel is designing and maintaining a web page for a local company. In which career pathways would Terrel be involved? Programming and Software Development, and Network Systems Network Systems and Interactive Media Information Support and Services, and Programming and Software Development Interactive Media, and Information Support and Services.
Terrel must be involved in Programming and Software Development career pathways, and Information Support and Services,
What is a career pathway?A Career Pathway is defined as the set of intentional and related or planned education programs and supportive services.
A career pathway is an institution of a workforce that operates a sequence of structured knowledge to accomplish various accomplishments' or skills.
This allows experimenters to move complete time to get more useful at their career and more increased education levels while always working.
In the given, case, Terrel involves the understanding of Programming and software development to be capable to develop and support a web page for the local company.
Therefore, options A and C are correct.
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Answer:
C
Explanation: e d g 2022
Amazon's continued focus on ______ is a key to its ongoing success. Multiple choice question. innovation specific target markets employee perks shareholder profits
Amazon, an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence, has used its innovation as a key to its ongoing business success.
What is innovation?Innovation involves the introduction of new ideas and improvements to ensure more favorable business outcomes.
Amazon does not rely on specific target markets, employee perks, or shareholder profits to achieve business success.
Thus, Amazon has continued to focus on its innovation as a key to its ongoing business success.
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hello , What are three common tools for qualitative research in business and marketing?
Answer:
they would be in-depth interviews, focus group discussions and observation over data
Explanation:
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How do you transfer credit card balances to another card?.
Answer:
Examine your current balance and interest rate.
Choose a balance transfer card that meets your requirements.
Read the fine print and make sure you understand the terms and conditions.
Obtain a balance transfer credit card.
To transfer the balance, contact the new credit card company.
Pay off your debt... That's the bottom line.
Explanation:
Nikita Enterprises has bonds on the market making annual payments, with eleven years to maturity, a par value of $1,000, and selling for $970. At this price, the bonds yield 7 percent. What must the coupon rate be on the bonds?
Based on the selling price, the par value and the bond yield, the coupon rate must be 6.62%.
What is the coupon rate?Use Excel to find the payment using the PMT function.
Rate = 7% = 0.07
Number of payment periods = 12 years
PV = $970 selling price
FV = $1,000 face vaue
Payment will be 66.22 which as a coupon rate is:
= 66.22 / 1,000 face value
= 6.62%
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In which type of organizational structure is decision making made at the lowest level of the organization
Answer:
chain of command
Explanation:
The chain of command organizational structure simplifies decision-making. Employees at the lowest level of the company hierarchy complete the tasks assigned to them for that day.
The lowest level of the organization's hierarchy is where decisions are made in a chain of command organizational structure.
The authority-based ranking of members is known as organizational hierarchy. It alludes to the positions that range from entry-level workers to senior managers or executives.
Organizational hierarchies typically have several levels, with higher positions held by people with more power. A hierarchical organization or hierarchical organization is a type of organizational structure where all but one of the entities are subordinate to one another.
This set up resembles a hierarchy. In an organization, the power structure typically consists of one or more individuals or groups at the top, followed by command lower levels of power.
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A personal network provides ______ to an entrepreneur. advice about rough patches access to power employment financial assistance
A personal network is able to provide advice about rough patches to an entrepreneur, assisting him in the decision-making process more effectively.
What are the essential characteristics of an entrepreneur?It is essential that an entrepreneur is an individual with communication skills, innovation and is willing to deal with the risks inherent in a business.
Therefore, a personal network is capable of helping the entrepreneur to have a greater vision of the external and internal environment, generating greater exchange of experiences and positioning in the market.
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What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?
Answer:
It reveals that the owner is completely aware about financial risk and wants to take precautions to ensure the success of his company.
When the business cycle or economic activity is declining, the economy is said to be in....?
A
the trough
B
contraction
C
expansion
D
recovery
contraction is to decline the answer is B
To explain the long-run determinants of the price level and the inflation rate, most economists today rely on the.
Answer:
Economists believe inflation comes about when the supply of money is greater than the demand for money. Inflation is viewed as a positive when it helps boost consumer demand and consumption, driving economic growth.
my uncle is in the hospital need someone to tlk too
Answer:
Hey, I'm here if you need. I'm sorry about your uncle being in the hospital, I do hope he gets better.
Suppose you are employed and about to enrolled in philhealth. How will you evaluate reliability? What questions will you ask the compony?
Answer:
1. I will evaluate reliability by;
a. asking about the packages they offer
b. checking how long they have been in the business
c. interviewing other users to know how promptly they keep to processing claims
2. Questions I would ask the company include;
1. How competitive are you in the insurance industry?
2. What is your solvency like?
3. How capable are you to handle risks?
Explanation:
Philhealth is a national health insurance company in the Philippines that is meant to care for the insurance needs of people in the Philippines. They cater to several cadres of people which include;
the formal groupthe indigentsthe sponsored membersthe lifetime membersthe senior citizensand the informal economy.When an employer is offered health insurance under this platform, he would have to make the appropriate findings and ask the necessary questions such as the ones above before he becomes a client of the company.
Philhealth is an acronyms of Philippine Health Insurance Corporation
The Insurance co-operation provides service of Health Insurance which provides payment or reimbursement for one's health care costs as a result of surgeries, illness which makes one unable to work.I will evaluate the reliability of Philhealth by checking its review online and its financial record for the last year ended to asses its ability to afford compensation.
In conclusion, in the process of undertaking my Health Insurance policy, i will ask about the process to go through if any claim for heath insurance arises.
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what is Galileo Galilei's scientific method?
Answer:
Galileo devised a method that exhibits some provocative similarities to, and differences from, a Rasch approach to instrument design: Viewed as a whole, Galileo's method then can be analyzed into three steps, intuition or resolution, demonstration, and experiment; using in each case his own favorite terms.
Which term means that you receive a fixed amount of pay for a job on a weekly, bi-weekly, or monthly basis?
OA minimum wage
OB salary
Covertime
Answer:
salary
Explanation:
Salary is monetary compensation given to employees for work done at the end of a regular period. It is the periodic payment from employers to employees for services provided as per the employment contract. Salary is usually a fixed amount paid either weekly, biweekly, or monthly.
A salary is pegged to the passage of a specified duration of time. The employee receives the stated amount regardless of the level of productivity. Salary is in contrast to piece-rate wages, where an employee is compensated depending on their output.
Answer:
Explanation:
For all Plato users
Money serves as a
measure of
of exchange, is a store of value, and serves a a measure of
Answer:
Medium of exchange
Store of value
Measure of value
Standard of deferred payments
Explanation:
Determine whether each statement is true or false. A. Price ceilings result in resources being allocated to activities with the highest possible value. B. Price ceilings result in a reduction in mutually beneficial exchanges. C. Though they may face higher prices, consumers usually see an increase in product quality when price ceilings are imposed. D. A problem with price ceilings is that they lead to surpluses. E. When price ceilings are imposed, consumers pay lower explicit prices but often face higher costs in terms of waiting in line for goods and services
Analyzing the statements about prices, it is possible to characterize each question as true or false as follows:
A) True
B) False
C) True
D) False
E) True
What is a price ceilings?Corresponds to the mandatory maximum value that a company can buy when selling its product or service, they are generally defined by law and applied to basic products, such as food products and medicines, so as not to become inaccessible to consumers.
Therefore, the price ceiling helps to control prices and maintain economic balance, so that there is quality associated with accessibility to essential products.
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Limitations of self-imposed budgeting include ______.
The American system of democracy would be in serious trouble without ______. a. print media b. a monopoly on news media c. the reporting of skilled journalists d. media aggregators
The American system of democracy would be in serious trouble without
The reporting of skilled journalistsWhat is Democracy?This is simply a system of government that is based on the principle of representative government where the people are represented in government.
With this in mind, we can see that skilled journalists are responsible for holding the American leaders responsible to the people by making reports of their actions and inactions and without this, democracy would be in serious trouble.
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