Examples of product customization in foreign markets include (choose three): a. Computer printers can print Chinese script characters. b. Tide makes clothes detergent in less expenseive single-unit packages for India. c. McDonald's offers rice at breakfast in Japan. d. Lay's sells potato chips in single serving packages in China. e. Ford makes smaller, more futuristic cars in Europe.
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- Biscuits and skill: Biscuit making in Britain and Germany This is taken from a study of biscuit manufacture in ten (10) British and eight (8) German firms. The type of biscuits produced varied greatly between the two (2) countries, largely owing to national tastes and demand. In Britain demand concentrated on relatively basic biscuits: either plan or with simple coating of chocolate, cream, or jam. In Germany, there was a much higher demand for decorated and multi-textured products (soft biscuits with jam filling in chocolate cases or layered variegated biscuits). Since this affected the type of biscuits each firm produced, it was difficult to measure and compare output and productivity between the British and German factories. An examination of crude output figures indicated that at the British factories employees were 25 percent more productive than German employees largely because British firms produced large quantities of simple low quality biscuits. However, when productivity…The benefits of conservation include all but which of the following? Select one: a. Tobacco companies put health labels on their packages b. Less waste is created c. More fuel efficient automobiles d. Containers and other packaging are being made biodegradable3) A company needs to decide whether to introduce a recent developed product (codename DEV) to the mass market. It is estimated that test marketing will cost $100K. Data indicates that only 30% of this company's product capture consumers' attention. Only when this product DEV is successful at the test market stage, then the company needs to consider the size of plant to set up to produce DEV in large quantity. A small factory is expected to cost around $150K to build, while a large factory costs around $250K. Productivity for small factory is 2000 units per year, while a large factory produces 4000 units a year. This company might also give up this project and receives $0 back. Given our new product in the market, there is a 40% chance that the competitor will respond with a similar product and that the price per unit sold (in $) will be as follows (assuming all production sold): Small plant Large plant 20 Competition respond Competition do not respond 35 50 65 Assuming that the life…
- a) Consider a model for firm profitability in a particular industry (say, automobile), where thecross-section observations are at the country level. There are T months of data for each country.???? ??????????????? = ? + ?1????????? ?????????? + ?2?????_19 ?????????? + ??? + ??? The variables in ??? are other factors affecting firm profitability, and Covid_19 pandemic is a dummy indicator equal to one if the lockdown was eased in-country ? at time period t. You need to explain how you would estimate this model; be specific about the assumptions/models you aremaking. (200 words) b) Let’s suppose that you have a set of time-series variables, and you want to model the relationship between them. Read the situations given below and answer the questions. (200 words)a) Explain the statistical test if the linear combination (of time-series variables) is I(0).b) Which statistical test can be applied if all the series are integrated of the same order I(1).Justify your answerIntroduction: The eco-friendly Bio-Bricks that Bio Industries is promoting are created from air-dried animal waste. The mixture contains 20% sand and 80% animal waste. The animal wastes used come specifically from agricultural animals and home pets like dogs and cats to help local farmers. The industry is dedicated to not only developing a sustainable product but also to taking environmental considerations into account during the production process. The product accomplishes two tasks at once: it manages waste and promotes the creation of environmentally suitable building materials. Consumers can change the color and shape of the bricks as well to suit their preferences and to show off their creativity. Based on the introduction, what are the possible positions, roles, duties, and responsibilities using functional structure.13. Offihoring refers to A apduct or service provided by a pplier B. a peoduct or service from a supplier located on a different continent. C. a product or service made or delivered in a foreign country. D. a product or service exported to a different country.
- 2. List five products that are not currently on the market, which could be useful to us, and will most likely be designed by engineers and others.The idea of industry structure represents the interdependent relationships among all of the following EXCEPT: A) harmony among competing firms B) potential new entrants C) buyers of inputs D) substitute products E) suppliers of inputsYour parents own a Dairy Farm in your Village near Kasur (53 KM). Your father has a desire to make the fresh, pure Buffalo milk to the consumers directly so that the negativities associated with the middle men (Wholesale buyers, Shopkeepers and delivery men) may be avoided. You have been made responsible by your parents to develop a system of delivery of the fresh milk at the doorsteps of consumers. Some factors to be considered are given below: • There is no Brand Name of the Milk as yet. • Cattle used for milking is fed on pure, organic feed. No Chemicals, Hormones or artificial feed is used. • Total production of the Farm is 1000 Liters • Nestle is paying PRs 45/- per Liters to the farmers and your parents have priced their raw Milk at PRs 50/- per Liters • Your estimate is that the milk will cost you at PRs 70/- per Liters o Cost of Bottle = PRs 7/- o Brand Name and instruction stickers PRs 3/- per one Liters bottle o Transportation PRs 3/ Liters o Chilling/refrigeration Cost PRs…
- South African homes have been covered with the delicious smell of Rajah Curry Powder for many years. You know that it is Rajah’s aroma that tells you that you’re using quality curry powder, that is the best for your family and for your pocket. We all know it makes us proud to have our family love the food we make. Rajah has that special flavour and aroma that gives you and your family .... More mmm for your money! question below: Briefly explain the nature culture, and the implications of culture in marketing applying your findings to Rajah.We distinguish between three types of decision making; real and impulse and habitual decision making. Identify the type of decision Rajah would fall into and substantiate your answer.Q2: a) Federal Education Minister of pakistan announced that in-person classes will remain suspended in districts where the COVID-19 positivity ratio is high. What are your thoughts on his decision?the development of which of the following product most directly resulted from a change in our attitudes towards our natural environment? a) vending machines b) computer modems c) paper towels made from completely recycled material d) micro-waveable foods