Future Tech International Sells High Tech Products in Latin America,a

question 25

Multiple Choice

Future Tech International sells high tech products in Latin America,a market traditionally ignored by many high tech companies.What successful copycat strategy does this move represent?

• A)Acquiring existing businesses
• B)Becoming a dedicated distributor
• C)Seeking abandoned or ignored markets
• D)Being the first to change to a new standard

Comprehend the relationship between socio-economic status and exposure to environmental hazards.

Analyze the societal implications of technological advancements in fields such as genetic engineering on inequality.

Appreciate the complexity of environmental justice issues including the placement of heavy polluters near vulnerable communities.

Understand the theoretical perspectives on species survival including the role of competition and cooperation.

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Definitions:

Actual Sales

The total revenue a company generates from selling its goods or services, as opposed to projected or forecasted sales.

Contribution Margin Ratio

A measurement that shows the percentage of sales revenue that exceeds variable costs, indicating how much contributes to fixed costs and profits.

Fixed Costs

Regular costs that do not vary with the scale of production or sales activities, encompassing rent, salary disbursements, and insurance contributions.

Target Net Income

The desired profit that a company aims to achieve within a specific period, often used in budgeting and planning.