When a company assumes that foreign consumers want exactly the same products that are sold in the United States, it has failed to analyze the importance of understanding ________ ________.

Fill in the blank(s) with the appropriate word(s).


cultural fit

Analyzing cultural fit and overcoming consumer ethnocentrism are essential aspects of environmental scanning on a global scale that help firms create value for international consumers.

Business

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The following totals for the month of June were taken from the payroll register of Young Company: Salaries expense $15,000 Social security and Medicare taxes withheld 1,125 Income taxes withheld 3,000 Retirement savings 500 Salaries subject to federal and state unemployment taxes of 6.2 percent 4,000 The entry to record the accrual of employer's payroll taxes would include a debit to

a. Payroll Tax Expense for $2,498 b. Social Security and Medicare Tax Payable for $2,250 c. Payroll Tax Expense for $1,373 d. Payroll Tax Expense for $1,125

Business

Alexander’s organization offers flexible benefits. The plan has five packages from which Alexander can choose. His organization is offering a _______ flexible benefit plan.

A. modular B. core-plus C. full-choice D. defined benefit E. low-deductible plan

Business

Which of the following is true of the natural law school of jurisprudence?

A) It has existed since 300 B.C. and bases law on certain unchanging value judgments. B) It focuses on environmental concerns, such as toxic waste and air quality. C) Its source of law is contemporary community opinion and customs. D) It teaches that the legislature is the primary source of all law.

Business

Management of Thebeau, Inc., is considering a new product that would have a selling price of $72 per unit and projected sales of 40,000 units. The new product would require an investment of $600,000. The desired return on investment is 19%.Required:Determine the target cost per unit for the new product.

What will be an ideal response?

Business