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Arisa [49]
2 years ago
7

2. Demand for Riana's product in the U.S. is inconsistent. When orders are slow, she sometimes needs to shut down production to

help control inventory levels. One way Riana could improve her firm's situation is to
Business
1 answer:
eimsori [14]2 years ago
7 0

Answer:

One very feasible solution to Rianas business challenge is to explore and take advantage of other markets outside of the United States of America.

Explanation:

In other words, she needs to come up with a business strategy that includes exportation of her products.

The target market(s) must be carefully analyzed for ease of entry, competition,   etc. She must be able to accurately distinguish her products in those markets.

When entering new terrains as an exporter, it is usually better to look for markets with higher:

  1. Ease of entry
  2. Ease of doing business
  3. Ease of communication etc.

Desk research alone will not suffice. Riana must try to visit the country she is planning to expand into. Next, her pricing, product positioning etc must be flawless. It will help Riana to also seek help from a business growth consultant who knows the new terrain very well.

Cheers!

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Which of the following approaches does the following statement represent: This approach takes into account non-market forces tha
soldi70 [24.7K]

Answer:

(a) Stakeholder approach

Explanation:

A stakeholder approach is the practice that managers formulate and implement processes that satisfy stakeholders' needs to ensure long-term success. According to the degree of participation of the different groups, the company can take advantage of market imperfections to create valuable opportunities.

8 0
2 years ago
Read 2 more answers
If Virusfree Inc's stock sells for $40, pays a $4.25 dividend, and the stock is expected to grow at a constant rate of 5%, which
Alika [10]

Answer:

<u><em>15.63%</em></u>

Explanation:

The answer is simply calculated by putting a simple formula in place.

The formula is, P = D/(r-g)

Hence, applying the formula, we have the following values,

P: 40 , D: 4.25 , g: 0.05 & r: ?

Step 1: 40 = 4.25/(r-0.05)

Step 2: r = (4.25/40)+0.05

Hence the cost of equity is = 15.63%

Thankyou.

6 0
2 years ago
Assume an analyst has been hired to estimate the price elasticity of demand for hamburger (which sells for about $2.30 per pound
Pepsi [2]

Answer:

The correct answer is B

Explanation:

Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.

The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.

So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.

6 0
2 years ago
The admissions director at big city university proposed using the iq scores of current students as a marketing tool. the univers
Vika [28.1K]

The complete question is as follows:

The admission directory of Big City University has a novel idea. He proposed using the IQ scores of current students as a marketing tool. The university agrees to provide him with enough money to administer IQ tests to 50 students. So the director gives the IQ test to an SRS of 50 of the university’s 5000 freshman. The mean IQ score for the sample is xbar=112. The IQ test he administered is known to have a σ of 15. What is the 95% Confidence Interval about the mean? What can the director say about the mean score of the population of all 5000 freshman?

Answer: The 95% confidence interval about the mean is Confidence interval = 107.84 \leq \mu \leq 116.16.

The director can say that he is 95% confident that the mean IQ score of the 5000 freshmen lies between 107.84 and 116.16.

We follow these steps to arrive at the answer:

Since the population standard deviation of the IQ test is known, we can use the Z scores to find the confidence interval.

The formula for the confidence interval about the mean is:

Confidence interval = \overline{X}\pm Z*\frac{\sigma}{\sqrt{n}}

In the equation above, X bar is known as the point estimate and the second term is known as Margin of Error.

The Critical Value of Z at the 95% confidence level is 1.96.

Substituting the values in the question in the equation above we have,

Confidence interval = \112\pm 1.96*\frac{15}{\sqrt{50}}

Confidence interval = \112\pm 4.157787873}

Confidence interval = 107.8422121 \leq \mu \leq 116.1577879

5 0
2 years ago
Libby Company uses the percentage of credit sales method for calculating Bad Debt Expense. The company reported $226,500 in tota
PSYCHO15rus [73]

Answer:

The estimated amount of Bad Debt Expense for the year is $12,950

Explanation:

According to the given data we have the folloiwng:

reported sales during the year= $226,500

credit sales=$185,000

Libby has experienced bad debt losses of 7% of credit sales in prior periods

Therefore, in order to calculate the estimated amount of Bad Debt Expense for the year we would have to make the following calculation:

estimated amount of Bad Debt Expense=credit sales×bad debt losses percentage of credit sales in prior periods.

Hence, estimated amount of Bad Debt Expense= $185,000× 7%

estimated amount of Bad Debt Expense= $12,950

The estimated amount of Bad Debt Expense for the year is $12,950

4 0
2 years ago
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