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Author Question: What are the three steps a company must take when considering whether an international market is ... (Read 44 times)

2125004343

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on: Jun 29, 2018
What are the three steps a company must take when considering whether an international market is right for a product?

Question 2

If the correlation between X and Y is -0.40, the proportion of Y that is explained by X is:
 a. .40
 b. .20
 c. .30
 d. .16


honnalora

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Reply #1 on: Jun 29, 2018
Answer to Question 1

First, the company must determine if there is a need for the product. Next, it must decide if the potential market can pay for the product. Finally, the company must find out if the market is large enough.

Answer to Question 2

d


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