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Nesterboy [21]
2 years ago
14

Which of the following is not associated with firms following the global standardization strategy? A. Low pressures for local re

sponsiveness B. Use cost advantage to support aggressive pricing in world markets C. High pressures for cost reductions D. Customize product offering and marketing strategy to local conditions
Business
2 answers:
neonofarm [45]2 years ago
7 0

Answer:

Customize product offering and marketing strategy to local conditions

Explanation:

The general definition of global standardization is the ability to use standard marketing internationally. This implies the ability for a company or business to use the same marketing method from one country to the other, and across various cultures which in turn yields good result.

zvonat [6]2 years ago
4 0

Answer:

The correct option is D. Customize product offering and marketing strategy to local conditions

Explanation:

Global standardization strategy refers to the ability to use a particular standard of marketing internationally. In other words, it's the ability for an organization to use the same marketing strategy from one country to another country, and across various cultures.

What this means is that an organisation using the global standardization strategy will treat the world as largely one market and one source of supply with little local variation.

Therefore, the firms following the global standardization strategy will not Customize product offering and marketing strategy to local conditions .

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Pleasantville maintains an appropriations ledger for police department supplies. The amount appropriated for supplies was $100,0
satela [25.4K]

Answer:

Appropriation available for spending = 37000

Explanation:

In the appropriations ledger, the amount available for spending at any moment is the total appropriation minus expenditures plus outstanding encumbrances.

100000 - 35000 - 28000 =  37000

3 0
2 years ago
. Ashley has an individual medical expense insurance policy with a $1,000 calendar-year deductible and a 80–20 percent coinsuran
tia_tia [17]

Answer:

Amount insurer pays = $7000

Amount Ashley pays = $3000

Explanation:

Given that

Deductible = 1000

Incured medical Bill's = 10,000

On a 80-20 coinsurance clause

The insurer pays 80% of incured cost minus deductible and Ashley pays 20% of incured cost plus deductibles.

Therefore

Amount insurer pays = (10000 × 0.8) - 1000

= 8000 - 1000

= $7000

Amount Ashley Pays = (10000 × 0.2) + 1000

= 2000 + 1000

= $3000

7 0
2 years ago
Read 2 more answers
A hospital benchmarked against a ferrari racing team in an effort to:
Rus_ich [418]
<span>improve patient handoff quality</span>
5 0
2 years ago
Sheridan Company purchased a delivery truck. The total cash payment was $43,718, including the following items. Negotiated purch
rosijanka [135]

Answer:

the cost of the delivery truck is $40,698

Explanation:

The computation of the cost of the delivery truck is given below:

Negotiated purchase price $34,800

Installation of special shelving $2,880

Painting and lettering $930

Sales tax  $2,088

Cost of the delivery truck $40,698

Hence, the cost of the delivery truck is $40,698

The same should be considered and relevant

7 0
2 years ago
Suppose the observed annual quantity of steel exchanged in the European market is 30 million metric tons, and the observed marke
VARVARA [1.3K]

Answer:

-0.10

Explanation:

To calculate this, we us the formula for calculating elasticity of demand (E) relevant for the demand equation as follow:

E = (P / Q) * (dQ / dP) .............................. (1)

Where,

Q = 30

P = 90

E = -0.3

dQ / dP = b = ?

We then substitute all the value into equation (1) and have:

-0.3 = (90 / 30)  * b

-0.3 = 3 * b

b = -0.3 /3

b = -0.10

Therefore, appropriate value for the price coefficient (b) in a linear demand function Q is  -0.10.

NB:

Although this not part of the question, but note that how the linear demand function will look can be obtained by first solving for the constant term (a) as follows:

Q = a - 0.10P

Substituting for Q and P, we can solve for a as follows:

30 = a – (0.1 * 90)

30 = a – 9

a = 30 + 9 = 39

Therefore, the linear demand equation can be stated as follows:

Q = 39 – 0.1P

5 0
2 years ago
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