Which of the following are the two components of a global marketing strategy? Group of answer choices understanding foreign currency fluctuations AND developing products that can be priced accordingly determining which target markets to pursue AND developing a marketing mix to obtain a competitive advantage understanding the supply chain AND distribution networks in foreign markets developing culturally appropriate advertising messages AND cultivating "domestic" habits among foreign consumers

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?