Explain the Business Entry Strategies into Foreign Markets. ANSWER: When expanding into foreign markets, businesses have several entry strategies to consider. These strategies vary in terms of risk, control, investment, and level of involvement. Here are some common business entry strategies into foreign markets: The choice of entry strategy depends on factors such as market …
Explain the Hofstede’s Cultural Classification in the context of International Business. ANSWER: Hofstede’s Cultural Classification, developed by Dutch social psychologist Geert Hofstede, is a framework used to analyze and understand cultural differences across countries. It provides insights into how cultural values influence behavior, communication, and business practices in international business contexts. The framework consists of …
SOLUTION: The calculations are done in excel where NPV is calculated using time value of money and IRR value is found which is closest to NPV =0 2. Calculate the Cash Cycle using the following information. (Assume 360 days in a year).Opening BalancesRaw Material 4,00,000WIP 80,000Finished Goods 6,00,000Debtors 2,50,000Creditors 5,60,000Closing BalancesRaw Material 5,00,000WIP 70,000Finished Goods …
Explain the various entry modes of companies into foreign markets. ANSWER: Companies have several entry modes or strategies to enter foreign markets. The choice of entry mode depends on factors such as market characteristics, business objectives, resources, and risk tolerance. Here are some common entry modes for companies entering foreign markets: The selection of the …
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The RACI Matrix is a project management tool used to define and clarify roles and responsibilities within a project or organizational process. RACI stands for Responsible, Accountable, Consulted, and Informed. The matrix helps to clearly outline who is responsible for each task, who is accountable for its successful completion, who needs to be consulted for …
NMIMS Assignment June 2023 solution for Management Theory & Practice Q2. Shemaroo entertainment earlier only had a base in Mumbai, India. It has now expanded its wings to other parts of the world too and want to also get into other avenues of filmmaking. They have hired you as a consultant to help them design …
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Course: Digital Marketing Internal Assignment Applicable for April 2023 Examination Mr. Ghansham plans to start his own app that will be only for buying toys. It will be called “Toys4U”. The app will be an aggregator app that will allow all the sellers to sell their toys on the app. Mr. Ghanshyam will also sell …
Marketing and Consumer Funnel Stages (REAN Model) Read More »
BBA | MBA | BHA | MHA | M. Com | CA | CMA ANSWERS : (51)(d) Chemical and Mechanical properties(52)(c) Production(53)(b) Operations management(54)(c) Optimal utilisation of available resources(55)(d) Unlimited, can be applied to any type of activity(56)(a) Standardised products(57)(b) In Product system the machinery and equipment are fixed and in project systemthey are not …
