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- The ways to Enter the International Market areSelect one or more:a. Joint venturesb. International trade showsc. Direct investmentsd. Meetings with potential customerse. Global web&social mediaf. Export O!ine marketing strategy-ies is/areChoose one or more optionsSelect one or more:a. Word of Mouthb. Networkingc. Speaking Engagementsd. Print (outdoor) advertisinge. Associations and Trade Showsf. Direct Mailg. Cold Callsh. Printing publication Step Primer to Entering New MarketsSelect one or more:a. Develop the market entry conceptb. Prioritize and select the marketsc. Assess the internal capabilitiesd. Perform the market analysise. Organize the meetings with the potentialcustomersf. Develop the market entry optionsg. Define the marketwhith practical examples distinguish between sacale of preference and opportunity costIf it's worth doing, it's worth doing to the best of your abil-ity." What is the economic explanation for why this statement is frequently said but rarely followed in practice? Explain.
- choose the corrrect answer: Question: This specifies that an action that could benefit more people and more subject should be achieved for the certain scenario. A. Common Good B. Greater/Greatest GoodIt's one question but since it's big I attached two photos. For this question "Assume that Juanita takes opportunity costs and the price of the suit into consideration when she shops. Juanita will minimize the cost of the suit if she buys it from the ______. The drop-down answers have these choices. a) store in the neighboring city b) local department store c) local department storeA. How much is the net profit using the first method? B. Which Method is better?
- Wireless, high-speed Internet is provided for free inthe airport of the city of Communityville.a. At first, only a few people use the service.What type of a good is this and why?b. Eventually, as more people find out aboutthe service and start using it, the speed of theconnection begins to fall. Now what type of agood is the wireless Internet service?c. What problem might result and why? What is onepossible way to correct this problem?“If you have something that you don’t want anyone to know, maybeyou shouldn’t be doing it in the first place”. EXPLAIN THIS SENTECEA restaurant, has two main courses, steak and fish. Assume for simplicity that both specialties can be prepared at zero marginal cost. The restaurant has two loyal diners: Mr. A, who is willing to pay $120 for the steak and $40for the sea bass, and Ms. B, who is willing to pay $50 for the steak and $150 for the fish. a) The restaurant would like to charge Mr. A more for the steak and Ms. B more forthe fish. Would it be difficult to do this? Why? b) Suppose the restaurant decides to offer a special menu that includes both the ribeye steakand the fish. What price should it set for the menu? How much profit will the restaurant make under this arrangement?
