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Markets Can Be Classified in Four Types of Countries Based

question 66

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Markets can be classified in four types of countries based on their respective market attractiveness. Hong Kong and Singapore would fall into which of the types listed
Below (where the purpose would be to gather intelligence and establish a network) ?


Definitions:

Contribution Margin Ratio

The percentage of each sales dollar that contributes to covering fixed costs and generating profit.

Pre-tax Income

The total earnings of a company before any taxes have been deducted, often considered when assessing the profitability of a company.

Contribution Margin

The contribution margin is the revenue from a product or service minus the variable cost, indicating how much contributes to covering fixed costs and generating profit.

Net Income

A company's overall income following the subtraction of all costs, taxes, and expenses from its gross revenue.

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