Explain several options a company has for adopting a global targeting strategy for a brand
What will be an ideal response?
In taking a brand global, a company could decide to standardize its core product and then use limited localization for all geographic markets. Alternatively, a company could create special value-added elements designed to meet the needs of selective markets. A company could use differentiated marketing in each market, or a company could implement an undifferentiated universal targeting strategy. Regardless of the global strategy adopted, the company should be aware that groups of customers share similar characteristics across national boundaries.
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Jim has a medical condition that makes it difficult for him to stand for long periods of time, an essential part of his job. His employer would be making a reasonable accommodation for this disability if they reassign Jim to a vacant position.
Answer the following statement true (T) or false (F)
Jamie's hamburger restaurant had financial gains from an asset or capability that are in excess of the ordinary returns in that industry. This is called a(n) ________.
A. economic rent B. good business decision C. venture capability D. extraordinary asset
The table shows financial data for Purrfect Pets, Inc. as of June 30, Year 3. Accounts Receivable$419,200 Retained Earnings 117,900 Inventories 58,400 Other Assets 69,400 Accounts Payable 349,200 Equipment 118,500 Cash 732,600 Common Stock 662,100 Notes Payable 268,900 ?Required:Prepare a balance sheet using these data.
What will be an ideal response?
Gains are similar to revenue and increase net income, and losses are similar to expenses and decrease net income.
Answer the following statement true (T) or false (F)