The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions and low pressure for local responsiveness. 2) high pressure for local responsiveness and low pressure for cost reductions. 3) low pressure for both local responsiveness and cost reductions. 4) high pressure for both local responsiveness and cost reductions

Answers

Answer 1

Answer:

The correct answer is the option 1: high pressure for cost reductions and low pressure for local responsiveness.

Explanation:

To begin with, the concept known as "Global Standardization", in the field of marketing and business, refers to the strategy that the companies can use when they decide to implement the same marketing strategy or campaign to every country in where the organization works. Therefore that the term refers to the standardization of the strategy that the company use in the marketing area to the whole globe due to the fact that mainly they look for the reduction of the costs and also because the pressure from the local responsiveness from the other foreign countries tend to be very low.


Related Questions

James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four times per month at his local branch. He does not overdraft his account and plans to use direct deposit. He also plans to pay his bills online and he averages 8 bills per month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for James. James wants an account with the lowest fees. Which checking account would be best for James? Account A Account B Account C Account D

Answers

Answer: Account A

Explanation:

Account A would be best for James as it provides the most value for the things he would like to do.

ATM charges are free with this account so he can use the ATM four times in the month at no chargeHe would pay no monthly fees as he uses direct debitHe would pay an annual fee of $0And as online payments are free, he would not have to worry about getting charged for the 8 bills to process in the month.

Answer:

account a

Explanation:

The impact of increasing, as opposed to constant, costs is to Multiple Choice expand the limits of the terms of trade. intensify and prolong the comparative advantages that any nation may have initially. cause the bases for further specialization to disappear as nations specialize according to comparative advantage. cause nations to realize economies of scale in those products in which they specialize.

Answers

Answer:

cause the bases for further specialization to disappear as nations specialize according to comparative advantage

Explanation:

Comparative advantage refers to the advantage while producing the goods and services at a lower cost compared with the competition or rivals in order to gain the maximum share in the market place

Now if there is an increased as compared with the constant so the impact would affect the basis for additional specialization to invisible as the nations specialized as per the comparative advantage

Susan is a new management trainee at Barney's Bats, Inc. She has just graduated with her bachelor's degree in management and is anxious to use her education. She has been at work several days and has some questions about how the organization is managed and how the principles of organization structure are used in the company. She believes there is too much specialization and that the span of control in the company is not optimal. Susan is looking for a long-term career with this company. Where can she look to view possible career paths with this company?

Answers

Answer: The organization chart

Explanation:

Based on the scenario that have been analysed in the question, Susan can view possible career paths with this company from the organization chart.

The organizational chart is a diagram that shows the internal structure of an organization by showing the roles carried out by the employees and the relationships that exists between them.

On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30 and December 31. Each $1,000 bond is convertible into 40 shares of Ozarks no par common stock. Bonds that are similar in all respects, except that they are non convertible, currently are selling at 99. Upon issuance, Ozark should:

Answers

Answer:

Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Explanation:

Issue price of bond is ($10 million * $101) = $10,100,000

The face value of the bond                       = $10,000,000

The premium on bond = $10,100,000 - $10,000,000

The premium on bond = $100,000

                                   Journal entry

                                                    Debit                   Credit

Cash                                        $10,100,000

Premium on bonds payable                                $100,000

Bonds payable                                                     $10,000,000

Conclusion: Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Pat promises to install granite countertops in the home at 123 Main Street that Bruce is purchasing "provided that the escrow on the sale of 123 Main Street closes." The close of escrow on the sale of 123 Main Street is a condition precedent to Pat's promise.a) trueb) false

Answers

Answer: True

Explanation:

From the question, we are informed that Pat promises to install granite countertops in the home at 123 Main Street that Bruce is buying provided that the escrow on the sale of 123 Main Street closes.

The close of escrow on the sale of 123 Main Street is a condition precedent to Pat's promise is true. This is because Pat will only fulfil her promise given that there is a close of escrow on the sale of 123 Main Street.

An attorney, a newly licensed sole practitioner, opened a trust account at a local bank into which she deposited a check from a client that constituted an advance payment for future legal services to be rendered by the attorney. Subsequently, the attorney also deposited her own funds into the account in order to pay bank service charges on the account. The attorney did not deposit into the trust account an engagement fee received from another client. The engagement fee represented payment to the attorney for accepting the case, being available to handle the case, and agreeing not to represent another party in the case. The fee did not require the attorney to perform additional legal services. The attorney maintained records related to all account transactions in accordance with the state rules of professional conduct, which are identical to the ABA Model Rules of Professional Conduct. Is the attorney subject to discipline with regard to her actions concerning the trust fund account

Answers

Based on the information given in the question, it should be noted that the attorney will not be subjected to discipline regarding her actions concerning the trust fund account.

The reason why the attorney won't be subjected to any discipline is because the property of the client was kept by the attorney properly and it was separated from her own property. Also, necessary records were maintained by the attorney.

In conclusion, the attorney is not subject to discipline with regard to her actions concerning the trust fund account.

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Tina and Tom are co-workers at Acme Corporation.As night custodians,they work together cleaning the Acme office building at night when the building is empty.Tom regularly makes sexual advances toward Tina that distress her.However,Tina has never complained about Tom's conduct to her supervisor,Mary,who only works during the day.Which of the following statements is most accurate? A) Acme Corporation is strictly liable for Tom's harassment of Tina. B) Acme Corporation may defend that it did not know about Tom's harassment of Tina. C) Acme Corporation is not liable because Tom is not Tina's supervisor. D) Acme Corporation is not liable because Tina voluntarily accepted the job of a night custodian.

Answers

Answer:

B) Acme Corporation may defend that it did not know about Tom's harassment of Tina

Explanation:

In this scenario where the two co-workers clean the office at night when the building was empty, Tina has never complained about Tom's misconduct to her supervisor. Also the supervisor does not work nights with Tom and Tina, she works in the morning.

Acme Corporation will use this a defence if sexual harassment charges are filed. The supervisor was not told of the sexual harassment and neither was she on the same shift with the workers. So the employer was not aware of what was happening.

Since the act was only known to her co-worker Tom it will be a case between her and Tom and not her employer (Acme Corporation).

If a typical U.S. company correctly estimates its WACC at a given point in time and then uses that same cost of capital to evaluate all projects for the next 10 years, then the firm will most likely

Answers

Available Options Are:

A. Become riskier over time, but its intrinsic value will be maximized.

B. Become less risky over time, and this will maximize its intrinsic value.

C. Accept too many low-risk projects and too few high-risk projects.

D. Become more risky and also have an increasing WACC. Its intrinsic value will not be maximized.

E. Continue as before, because there is no reason to expect its risk position or value to change over time as a result of its use of a single cost of capital.

Answer:

Option D. Become more risky and also have an increasing WACC. Its intrinsic value will not be maximized.

Explanation:

The reason is that different projects require different level of funding. If we are not increasing Debt and Equity at the same proportion for funding all the projects then we are actually increasing our WACC which means that the acceptability of the projects will not be appropriate here. The risk profile of all individual projects also matter because we use Ke cost of equity to calculate the WACC, which is calculated using the CAPM formula. And Beta Asset is the risk of the individual project industry which is used in the CAPM formula. All this increases the WACC which shows that the risk profile of the company has grown upwards.

Furthermore, if the WACC is higher then the intrinsic value of the projects can not be maximized and that's the reason why most firms try to have optimal level of capital structure (Percentage of equity and debt that gives lowest WACC).

Hence the option D is correct.

A BD application is received by the State Administrator for a new broker-dealer subsidiary of a British securities firm. The application includes the disclosure that the parent firm was suspended from membership on the London Stock Exchange 4 years ago because of unauthorized trading by its Singapore branch. The State Administrator:_______.

Answers

Answer:

B. Can deny registration based on the suspension by the foreign regulator.

Explanation:

Section 204 of the  Uniform Securities Act part H1 states that if an applicant has been convicted of the violation of the laws of a foreign jurisdiction governing or regulating any aspect of the securities and banking business within the past five years or has been the subject of an action meted by any of these bodies such as being denied, suspended, or revoked the right to do business as a broker-dealer, agent or investment banker by a self-regulatory organization or any organization acting under the securities act, the State Administrator reserves the right to by order, deny, suspend or revoke his application.

The Uniform Securities Act was formed to regulate and receive applications from interested applicants on securities on the state level. In the question above, since the applicant was suspended from membership on the London Stock Exchange 4 years ago because of unauthorized trading by its Singapore branch, the Administrator would be acting within his rights if he denied the registration.    

Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000, fixed costs $90,000, and net income $30,000. Assume that Hayduke increases the selling price by 5% on June 1. How many units will have to be sold in June to maintain the same level of net income?

Answers

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

The _________________ is an accounting method that (a) estimates bad debts expense from credit sales during the period sales are recognized, and (b) reports accounts receivable at the estimated amount of cash to be collected. Multiple Choice Adjustment method for uncollectible debts.

Answers

Answer:

A) Allowance method of accounting bad debts

Explanation:

Based on the allowance method, the bad debts should be calculated on either credit sales i.e. income statement method or receivable aging method i.e. balance sheet method. Also, the account receivable should be recognized at net realizable value

Therefore the allowance method of accounting bad debts is an answer

Which of the following statements is most correct? Group of answer choices The percentage flotation cost associated with issuing new common equity is typically smaller than the flotation cost for new debt. The WACC is an estimate of the cost of all the capital a company had raised in the past. The WACC is an estimate of a company’s before-tax cost of capital. There is an "opportunity cost" associated with using retained earnings.

Answers

Answer:

There is an "opportunity cost" associated with using retained earnings hence, they are not free

Explanation:

The opportunity cost is the cost that are incurred to gain a better thing by sacrificing the other thing among the other alternatives.

And, the retained earning is the amount which is left after pay off to the shareholders

Therefore the last statement is correct both of them are associated with each other  

And the other options are incorrect

Effects of the launching of Sputnik included:________
a. protests about excessive government
b. spending tax cuts that were meant to stimulate a faltering economy
c. a loss of credibility for the scientists of the Soviet Union
d. calls for more funding for science education in America the growth of the antiwar movement

Answers

Answer:

Option D

Calls for more funding for science education in America the growth of the antiwar movement

Explanation:

Due to the cold war, the need for superiority in science and technology was created, and the U.S and Russia were the two countries running the arms race to gain superiority. When Russia launched the first rocket into space, The US responded by channeling funds into research and development. This was done in order to launch their own satellite into space as well. This was achieved a few years later with the launching of the Explorer 1

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of

Answers

Complete Question:

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of?

Group of answer choices

A) too much control.

B) overemphasis on paperwork.

C) overemphasis on means instead of ends.

D) overemphasis on one instead of multiple approaches.

E) too little participation.

Answer:

D) overemphasis on one instead of multiple approaches.

Explanation:

In this scenario, Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift.

Hence, this organization has overcome the control system barrier of overemphasis on one instead of multiple approaches.

This ultimately implies that, Anchor Resort and Casino has a variety of ways to ensure that its dealers are operating in line with set rules, standards, guidelines and policy of the company, so as to achieve organizational aims, goals and objectives successfully.

The multiple approach of the control system includes;

1. The casino dealers are expected to possess a license.

2. The casino dealers are being monitored through a closed-circuit TV (CCTV).

3. The casino dealers are required to give detailed reports at the end of each shift.

West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

7.82%

Explanation:

Given the following :

Par value = 102%

Coupon rate = 8.1%

Period (n) = 10 years

Yield to maturity (YTM) =?

with a face value (F) of $1000

The current price (P) of bond will be:

102% * $1000 = (1.02 * $1000) = $1020

Annual coupon payment = $1000 * 8.1% = $1000 * 0.081 = $81

The YTM formula is given by:

YTM = [ C +( F - P) / n] / [(F + P) / 2)]

YTM= [(81 + (1000 - 1020) / 10] / [(1000 + 1020)/2)]

YTM = [(81 +(-20/10)] / (2020/2)

YTM = [(81 - 2) / 1010]

YTM = 79 / 1010

YTM = 0.078217

YTM =0.078217 * 100

YTM = 7.82%

As referred to in the NSMIA, the term "covered security" would apply to
preferred stock in the XYZ Corporation whose common stock is listed on the NYSE
common stock in ABCD, Inc., a stock traded in the Pink Sheets
Springfield, Illinois, municipal bonds sold to a resident of Springfield, Illinois
Springfield, Illinois, municipal bonds sold to a resident of Springfield, Missouri
A) II and III
B) III and IV
C) I and IV
D) I and II

Answers

Answer:

Correct Answer:

C) I and IV

Explanation:

In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance. On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.

According to the video which abilities and skills do human resources managers need to have

Answers

Answer:

in depth knowledge of the companys product,

Explanation:

everything else isn't needed

The answers are C,D,E

Sensitivity to other people's needs

Speaking Skills

Writing Skills

The Mars acquisition of the Wrigley assets was part of its related constrained diversification and added market share to the

Answers

Answer:

Mars Wrigley Integrated Firm

Explanation:

This acquisition provided the extended reach to the company, as with this merger  of both the companies, there are certain assured benefits:

1) Increase in sales value by selling at a price higher than the prevailing price in the market, or

2) Decreasing the cost of product manufacturing as prevailing in the industry for that product.

This joint would automatically gain the major share in the market as with increase in profits and  diversification in providing goods, expands the company in all respects.

In terms of market efficiency, short selling most likely: Group of answer choices leads to excess volatility, which reduces market efficiency. has little effect on market efficiency because short sellers face the risk of unlimited losses. promotes market efficiency by making assets less likely to become overvalued.

Answers

Answer:

promotes market efficiency by making assets less likely to become overvalued.

Explanation:

Market efficiency can be defined as a measure of the degree to which prices in a market reflect all available and significant information at a specific period of time. A market is said to be efficient when all information has been incorporated into the prices of goods and services, and as such it is impossible to "beat" the market because there are no overvalued or undervalued stock.

In terms of market efficiency, short selling most likely promotes market efficiency by making assets less likely to become overvalued, because stocks are usually not allowed to be overpriced before selling them.

Option A requires eight years of higher education and $80,000, while option B
requires four years of higher education and $45,000. Option B requires
time and
money

Answers

Answer:

A less,less

Explanation:

because option A requires 8 year of higher education and $80,000. but option B only requires four years of higher education and $40,000

Option A requires eight years of higher education and $80,000, while option B requires four years of higher education and $45,000. Option B requires less time and less money because option A requires 8 years of higher education and $80,000 but option B only requires four years of higher education and $40,000. Thus, option 'A' is the correct option.

What do cost and time effective mean?

Business managers must deal with two fundamental issues: time and expenses. These two topics have a lot in common. For instance, you can incur a fee and an increase in costs if you miss a deadline. Similarly to this, if money is tight you could feel pressured to finish a project sooner in order to cut down on labour costs. Thus, managing time and expenditures concurrently provide several advantages for your company.

When practising time and cost management, it is frequently impossible to complete all of the original recommendations. You eventually learn to set priorities and choose which initiatives are worthy of your time, money, and attention. You must discover strategies to improve your efficiency if you want to accomplish more with the money and time you have available.

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Forrest is considering moving his business from a bricks-and-mortar and online establishment to a purely e-business. He is considering this move because the bricks-and-mortar business is not receiving sufficient foot traffic to keep it operational, but the online operation is creating significant revenues. By moving his inventory to an industrial building, customers that still want to pick-up merchandise in person may do so, but he will save on the expenses associated with curb-appeal. He believes he will also be able to operate the business with fewer people and, when closing time comes, can turn off the lights, close the door and leave, but orders can still be placed due to the 24-hour nature of the Internet. Based on the information given, what is the primary environmental force moving Forrest away from a bricks-and-mortar establishment to a purely e-business

Answers

Answer:

The Internal environment forces

Explanation:

The internal environment forces are the factors within the organization that directly impact on the daily operational activities of an organization.

Looking at the situation of Forrest as described in the scenario , we can see that the major changes that it will introduce by migrating to a purely e business like using few people, reduced administrative and operating expenses , 24 hours ordering  are majorly internal activities , which will address the areas that could have been hindering its efficiency in the previous business activities.

Company had 200 units of inventory on hand at the end of the year. These were recorded at a cost of $12 each using the last-in, first-out (LIFO) method. The current replacement cost is $10 per unit. The selling price charged by Sandra Company for each finished product is $15. In order to record the adjusting entry needed under the lower-of-cost-or-market rule, the Cost of Goods Sold will be:

Answers

Answer:

Debited by $400

Explanation:

Calculation for the Cost of Goods Sold

Using this formula

Cost of Goods Sold= Inventory on hand*(Cost-Current replacement cost)

Let plug in the formula

Cost of Goods Sold=200 units * ($12 - $10)

Cost of Goods Sold= 200 units*2

Cost of Goods Sold = $400 Debited

Therefore the Cost of Goods Sold will be:$400 Debited

how to convert ration 13:25 into fraction,decimal and percentage pleas help and with full solving and explanation ​

Answers

Answer:

13/250.5252%

Explanation:

13:25 is just a fraction (13/25)

13:25= 0.52 (decimal)

So when you divide 13 by 25, you get  0.52. To make that into a percentage, you just multiply it by 100 (move the decimal over 2 places to the left). That gives you 52%

The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $ 127,500 Cash dividends declared for the year 47,500 Proceeds from the sale of equipment 82,500 Gain on the sale of equipment 7,300 Cash dividends payable at the beginning of the year 19,500 Cash dividends payable at the end of the year 21,800 Net income for the year 93,500 What is the ending balance for retained earnings

Answers

Answer:

Explanation:

Retained earning is the amount of net income left for the business owners after paying out dividends to its shareholders , which can be utilized for further expansion as the strategy may require .

To calculate the retained earning for a particular period , the opening retained earning is added to the loss or profit and the dividends payout subtracted

Retained earning = Opening retained earning + net income - dividends paid

127,500+ 93,500 - 47,500

127,500+93,500 -47,500 = 173,500.

4. Mathew is a brand manager for a large chocolate producer. Every six months, Mathew and a team of colleagues review the new product proposals that come from employees and managers and choose two that the company will pursue. This activity is part of

Answers

Answer:

product screening

Explanation:

The activity being described in this question is part of the product screening. This is a step in the product development process where different product designs are evaluated and analyzed according to the company's goals and criteria and those that meet all of their requirements are chosen for production while the ones that don't are scraped. This is what Mathew is doing by choosing the two product proposals that meet the companies requirements and which they believe will be good to pursue.

When market conditions in a price-taker market are such that firms cannot cover their production costs, Group of answer choices the firms will suffer long-run economic losses. the firms will suffer short-run economic losses that will be exactly offset by long-run economic profits. some firms will go out of business, causing prices to rise until the remaining firms can cover their production costs. all firms will go out of business, since consumers will not pay prices that enable firms to cover their production costs.

Answers

Answer:

some firms will go out of business, causing prices to rise until the remaining firms can cover their production costs.

Explanation:

A price taker is a firm or a seller who is not able to set the market price for its goods and services. Instead, the price taker accepts the price set by market forces - forces of demand and supply.

An example of a price taking firm is a firm in a perfect competition

If a firm is not able to charge prices above production costs, the firm is earning an economic loss

If in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

An increase in the money supply will: Group of answer choices increase interest rates and increase the equilibrium GDP. lower interest rates and increase the equilibrium GDP. increase interest rates and lower the equilibrium GDP. lower interest rates and lower the equilibrium GDP.

Answers

Answer:

Option B, lower interest rates and increase the equilibrium GDP.

Explanation:

Option B is correct because the increase in the money supply will reduce the interest rate and increase the real GDP or output on the country because the rise in the money supply will results in more money in the hand of people. Therefore, more investment and production will be done in the economy. Thus, a rise in the production of output in the economy will result in the rise of GDP

A U.S. company that manufactures home appliances is interested in entering the Chinese market. The company has many national appliance competitors in China, all of which have a better understanding of the unique needs of Chinese customers. Based on these facts, the U.S. company should consider which strategy for entering the Chinese market

Answers

Answer: Global strategic alliance

Explanation:

A global strategic alliance is an arrangement that takes place between two companies when they both go into a project that is mutually beneficial even though the independence of each company is still retained.

Based on these facts that have been given in the question, the U.S. company should consider using this strategy for entering the Chinese market.

External government debt is: Multiple Choice government debt owed to individuals in foreign countries. government debt owed by one branch of the government to another. government debt owed to its own citizens. debt that individuals in foreign countries owe to the U.S. government.

Answers

Answer:

The correct answer is option A (government debt owed to individuals in foreign countries).

Explanation:

This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in.  External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.

Some other alternatives given don't apply to the cases in question. So answer A is a good one.

purchased inventory for $4,900 and also paid a $430 freight bill. JC Manufacturing returned 30​% of the goods to the seller and later took a 1​% purchase discount. Assume JC Manufacturing uses a perpetual inventory system. What is JC Manufacturing​'s final cost of the inventory that it​ kept? (Round your answer to the nearest whole​ number.)

Answers

Answer:

Final cost of Inventory $3,845.30

Explanation:

Calculation for the JC Manufacturing​'s final cost of the inventory that it​ kept

JC Manufacturing​'s final cost of inventory

Purchase Cost of inventory $4,900

Less Purchase returns and allowance ($1,470)

(30%*$4,900)

Less Purchase return ($14.70)

(1%*$1,470)

Add freight in $430

Final cost of Inventory $3,845.30

Therefore the Final cost of Inventory will be $3,845.30

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