Question
In: Economics
Which of the following would most likely benefit Quik-Vac due to the firm’s lack of experience in international markets?
International Advertising Scenario
The Quik-Vac Vacuum Corporation manufactures small, inexpensive vacuum cleaners that work on re-chargeable batteries. Quik-Vac customers typically live in small apartments or other tight spaces where a large vacuum cleaner is unnecessary. Quik-Vac managers believe there is a market for the vacuums outside of the United States, especially in communities where living space is restricted. The Quik-Vac marketing department has been assigned the task of creating an advertising campaign to introduce Quik-Vac’s offerings to global consumers.
Which of the following would most likely benefit Quik-Vac due to the firm’s lack of experience in international markets?
advertising Quik-Vac products on the Internet
using the Quik-Vac sales and marketing departments
translating U.S. Quik-Vac commercials into other languages
hiring Ogilvy & Mather, a global advertising agency
Solutions
Expert Solution
hiring Ogilvy & Mather, a global advertising agency
(As the company lacks experience in international markets so it should use global advertising agencies to help advertise its product according to needs of different countries.)
Rahul Sunny answered 2 years agoRelated Solutions
Which of the following decisions is most likely to affect a firm’s capital structure and is...
Which of the following decisions is most likely to affect a
firm’s capital structure and is therefore a financing decision? A)
acquiring another company using cash B) spend $7.6 billion on
research and development C) issue new corporate bonds
1. Which of the following goods would be the most likely to be subject to a...
1. Which of the following goods would be the most likely to be
subject to a government-imposed tax?
A
Cereal
B
Bottles of alcohol, such as whiskey and gin
C
Shoes
2. Which of the following is likely to have the largest
elasticity of supply?
A
The producer of vanilla ice cream
B
The producer of yachts
C
A dentist
3. Assume that as your income increases, your consumption of
burgers decreases. We can assume that your income elasticity of...
Which of the following actions are most likely to directly increase cash as shown on a firm’s balance sheet?
BALANCE SHEETWhich of the following actions are most likely to directly
increase cash as shown on a firm’s balance sheet? Select the
appropriate assumptions that underlie your answer.It issues $6 million of new common stock.It buys new plant and equipment at a cost of $3 million.It reports a large loss for the year.It increases the dividends paid on its common stock.Statements (b) and (d) will increase the amount of cash on a
company's balance sheet. Statement (a) will decrease cash...
Which of the following will most likely result from an unanticipated decrease in aggregate supply due...
Which of the following will most likely result from an
unanticipated decrease in aggregate supply due to unfavorable
weather conditions in agricultural areas? a. a decrease in
inflation b. a decrease in unemployment c. a decrease in the
general level of prices d. an increase in the general level of
prices In the aggregate demand/aggregate supply model,
Within the AD/AS model, which one of the following adjustments
will cause the economy to return to its long-run capacity when
output is...
Which of the following would be most likely to increase the supply of loanable funds and...
Which of the following would be most likely to increase the
supply of loanable funds and lead to low interest rates?
a.
Expansionary monetary policy that resulted in high rates of
inflation.
b.
Constant policy shifts that generate uncertainty and reduce
investment.
c.
Demographic shifts that increase the number of people in age
categories with high saving rates relative to the number in age
categories with a strong demand for loanable funds.
d.
Large budget deficits that push the government...
Which of the following would the board of directors of an organisation most likely need to...
Which of the following would the board of directors of an
organisation most likely need to know as part of their
organisation’s cyber security risk reporting framework:
Select all that apply.
1. Cyber security budgets 2. Feedback on cyber security events 3.
Leadership roles for cyber security 4. Links between cyber security
objectives and organisational objectives 5. Officers responsible
for making cyber security decisions 6. Vendor due diligence
Explain the 6 circumstances in which cost benefit analysis is likely to be most useful in...
Explain the 6 circumstances in which cost benefit analysis is
likely to be most useful in health care
Which of the following would most likely be classified as a current liability? A. Mortgage payable...
Which of the following would most likely be classified as a
current liability?
A. Mortgage payable
B. Portion of long-term debt due within one year
C. Two-Year notes payable
D. Bonds payable
Which of the following would most likely cause both a decrease in the price of McDonalds’...
Which of the following would most likely cause both a decrease
in the price of McDonalds’ Big Mac hamburgers and
a decrease in the number sold?
a. an increase in the supply of McDonalds’ Big Mac
hamburgers
b. an increase in the demand for McDonalds’ Big Mac
hamburgers
c. a decrease in the supply of McDonalds’ Big Mac
hamburgers
d. a decrease in the demand for McDonalds’ Big Mac
hamburgers
Which of the following assets would most likely be listed last on a statement of financial...
Which of the following assets would most likely be listed
last on a statement of financial position?
Select one:
a. Land.
b. Cash.
c. Accounts receivable.
d. Equipment.
2.
Which of the following will not cause a change in the
owners' equity of a business?
Select one:
a. Purchase of land with cash.
b. Withdrawal of cash by the owner.
c. Sale of land at a profit.
d. Losses from unprofitable operations.
3.
Decreases in owners' equity are caused by:...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Create 5 short-term plan of technology projects that you can perform outside of an I.T. department...
- Derek plans to retire on his 65th birthday. However, he plans to work part-time until he...
- Toady and Froggy were running a vegan cafe together. The business was having financial difficulties.Betelguese, who...
- 1. The following questions concern Jesse Gelsinger who suffered from partial OTC. a. In the...
- Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales...
- TzeMay was one of the first women engineering students at ABC University. She graduated in 1995...
- Use the following information to calculate these various solvency measures: a) NWC, B) WCR, c) Current...
ADVERTISEMENT