Question

A company manufactures android phones and apps. They are expanding around the world and have to...

A company manufactures android phones and apps. They are expanding around the world and have to comply with foreign requirements. What strategy are they using? a. product expansion b. product adaptation c. promotion adaption d. promotion extension

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The correct answer is Option 'A' They are using 'Product Expansion' strategy.

Product expansion strategy involves various measures like:

>Product & Market development,
>Product diversification
>market penetration.

The company is expanding around the world and hence penetrating new market for its product.

--The strategy to seek market involves:
(1) existing product and existing market, and
(2) existing product and new market.

Hence, the strategy invloved here is Product Expansion (Option 'A')

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
13. A company manufactures and sells android phones for $600. They are currently $100 below the...
13. A company manufactures and sells android phones for $600. They are currently $100 below the price of their competitors. If the exchange rate charges from $1.20/ Euro to $1.15/ Euro, what will happen? a. The firm price in the U.S will rise, and they will lose their price advantage b. The price in the U.S. will rise but they keep some of their advantage c. the price in the U.S will fall, and they will increase their price advantage...
A manager at a company that manufactures cell phones has noticed that the number of faulty...
A manager at a company that manufactures cell phones has noticed that the number of faulty cell phones in a production run of cell phones is usually small and that the quality of one​ day's run seems to have no bearing on the next day. ​a) What model might you use to model the number of faulty cell phones produced in one​ day? ​b) If the mean number of faulty cell phones is 1.7 per​ day, what is the probability...
As land prices rise around an expanding city, the land will be converted from farming to...
As land prices rise around an expanding city, the land will be converted from farming to buildings a) when the buildings have twice the value of the farm output b)  if the land is more valuable to society for buildings than the farm output c)  in spite of the higher value of using the land for farming. d) unless the farmer is efficient
Many central banks around the world have mandates to keep the inflation rate close to 2%....
Many central banks around the world have mandates to keep the inflation rate close to 2%. (a) Using an AD-AS diagram,explain why these mandates can lead to monetary policy being stabilizing (keeping GDP close to potential). (b) Under what conditions might such mandates lead to monetary policy being destabilizing (leading to wider swings in GDP)?
Westford Company currently produces gadgets and is considering expanding its operations. The company owns land beside...
Westford Company currently produces gadgets and is considering expanding its operations. The company owns land beside its current manufacturing facility that could be used for the expansion. The company bought this land ten years ago at a cost of $241,000 and spent $82,000 on grading and excavation costs at that time. Today, the land is valued at $509,000. The company currently has some unused equipment that it currently owns with a current market value of $73,000. This equipment could be...
Roberts Company manufactures phones in a two-department process that involves Assembly and Finishing. The Assembly Department...
Roberts Company manufactures phones in a two-department process that involves Assembly and Finishing. The Assembly Department reported the follow data for the past month: Direct materials added                             $336,000 Direct labor                                                  460,800 Factory overhead                                        230,400 Total costs to account for                      $1,027,200 Units started                                                   80,000 Units completed and transferred                67,200 Units not complete                                        12,800 Units in beginning inventory                               0 The partially complete units at the end of the month were 100 percent complete with respect to materials and 75 percent complete with...
Suppose that weather around the world is especially good next year, so farmers have unusually good...
Suppose that weather around the world is especially good next year, so farmers have unusually good crops. What might we expect that this will do to the short-run and long-run Phillips curves? a. This will shift both the short-run and long-run Phillips curves to the right. b. This will shift both the short-run and long-run Phillips curves to the left. c. This will shift the short-run Phillips curve to the left, but not affect the long-run Phil-lips curve. d. This...
Hemingway Corporation is considering expanding its operations to boost its? income, but before making a final?...
Hemingway Corporation is considering expanding its operations to boost its? income, but before making a final? decision, it has asked you to calculate the corporate tax consequences of such a decision.? Currently, Hemingway generates? before-tax yearly income of ?$196,000 and has no debt outstanding. Expanding operations would allow Hemingway to increase? before-tax yearly income to ?$343,000 Hemingway can use either cash reserves or debt to finance its expansion. If Hemingway uses? debt, it will have a yearly interest expense of...
An electronics company manufactures the same product in 3 different locations and ships that product to...
An electronics company manufactures the same product in 3 different locations and ships that product to customers around the world. Sales representatives were experiencing complaints from customers about the performance of the product so they began collecting data. Data was collected about the customers that had experienced a problem with the product and the location the product was manufactured. Determine if there is a relationship between the manufacturing location and whether there was a customer complaint. Select the appropriate conclusion....
Bailey Sheppard Corp. ("BSC") manufactures musical equipment and is evaluating the economics of expanding its manufacturing...
Bailey Sheppard Corp. ("BSC") manufactures musical equipment and is evaluating the economics of expanding its manufacturing facility to enable it to take on a new business customer contract for the next 4 years. Last year, the company paid Target Research LLC $35,000 to do marketing research study for its product lines. The current expansion scenario would have total construction costs of $1.3 million and it would take about 50 days to complete (i.e., essentially up-front). The Company would also put...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT