subject
Business, 02.09.2019 13:30 ZahauQ

Since he was five years old, rhett tenna struggled with poor eyesight. he suffered through all the names that went along with wearing eyeglasses for most of his young life. rhett eventually switched from traditional eyeglasses to contacts, but he always wondered why glasses were considered to be "ugly" and not fashionable. after graduation from college, rhett set out on a lifelong goal: to make eyewear synonymous with high fashion. he opened a specialty store called "the eyes have it." his marketing plan was to remove the social stigma of wearing glasses, and replace it with a sense of flair and high fashion. from the day he opened his first store, rhett's plan met with resounding success. today, "the eyes have it" has grown from that single outlet to a medium-sized company with dozens of stores located in six states, and a manufacturing plant that turns out designer frames. a recent internal audit, however, suggested a problem that rhett had not anticipated. the study indicated that the u. s. market is just about saturated and growth of "the eyes have it" stores will be very limited. the audit concerned rhett until he recognized an untapped market existed overseas. if people all over the world have the same problem, the global market opportunities are fantastic! all in favor of going global say: "the eyes have it"! although he is confident of success, rhett is concerned that social, cultural and economic differences in other nations may create some problems. he believes he should adapt his approach to these differences rather than trying to force the "american way" on foreign consumers. rhett's attitude suggests that he wants to avoid a(n) approach to business.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
Answers: 3
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
question
Business, 22.06.2019 19:30
Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%
Answers: 3
question
Business, 22.06.2019 21:10
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
You know the right answer?
Since he was five years old, rhett tenna struggled with poor eyesight. he suffered through all the n...
Questions
question
Mathematics, 11.02.2021 02:00
question
Business, 11.02.2021 02:00
question
Mathematics, 11.02.2021 02:00
question
Biology, 11.02.2021 02:10
question
Mathematics, 11.02.2021 02:10
question
Chemistry, 11.02.2021 02:10
Questions on the website: 13722360