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- Discuss the product lifecycle phase you believe the CBD oil market is currently in within the South African market.Chinese internet giant ByteDance has reportedly raked in over US$110 billion in sales for 2023, Bloomberg reported, citing people familiar with the matter. That means ByteDance would potentially surpass Tencent, which is on track to earn US$86 billion in revenue this year. The news comes after ByteDance – which owns TikTok and Douyin – reportedly closed its revenue gap with Meta in the second quarter of this year, posting US$29 billion in revenue and a 40% year-on-year growth for the quarter. Currently valued at US$225 billion, the Chinese company is also the most valuable privately owned startup globally, according to CB Insights’ research. While ByteDance doesn’t disclose profitability figures, Financial Times previously reported that its EBITDA soared 79% to US$25 billion in 2022. According to The Information, 80% of the company’s revenue comes from the domestic market, with the rest from international markets. However, TikTok aims to replicate Douyin’s local strategy of merging…Is Dinosaur EXPO correct? Justify your answer.
- General Motors financial or competitive problems compared to other car brands.Reuters) - Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters. The iPhone maker’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch. At one point, Apple drew back the effort to focus on software and reassessed its goals. Doug Field, an Apple veteran who had worked at Tesla Inc, returned to oversee the project in 2018 and laid off 190 people from the team in 2019. Since then, Apple has progressed enough that it now aims to build a vehicle for consumers, two people familiar with the effort said, asking not to be named because Apple’s plans are not public. Apple’s goal of building a personal vehicle for the mass market contrasts with rivals such as Alphabet Inc’s Waymo, which has built robo-taxis to carry passengers for a driverless…Do you think their distribution strategy is effective? Explain.
- Long-answer Q2. Discuss at least four types of challenges for firms in managing international businesses as compared to domestic businesses.This mcq Question from INTRODUCTION TO BUSINESS ADMINISTRATION course.I Need the final answer just.Identify and describe an American firm of your choice that is challenged in its production operations to support its basic business needs to manufacture a high-quality product, safely, within budget, and on schedule. Its operations management is characterized by a culture that supports the vision and mission statements. This business problem (its production operations) includes a mismanaged supply chain, massive overtime wage payouts to make up for lost time injuries, increasing turnover and no shows at the work site, and where there is a spike in customer complaints resulting in business loss and narrowing profit margins. As a decision maker, what action plan would you recommend to the senior leadership of the organization to take it from its current conditions to bring it closer to its ideal operating conditions (to become a company known for zero-defects, excellence in supply chain management, customer satisfaction, safe and reliable high-quality products, value to the customer,…
- What are the long-term strategic goals of the One Belt, One Road initiative?Delta Air ConditionersThe Industrial Central Air conditioning (AC) market in India presents a fragmented scenario with more than 9 players from all over the world. Delta Air Conditioners of UK entered the market 8 years back with innovative high performance product range and quickly grew to be the 6th largest player. The central AC market has major application in Malls, theatres, hospitals and office complexes and the industry was growing at around 12% annually from 2010 to 2015. Performance of Delta Air Conditioners in Q1 of fy2016Though Industry grew by 15% but the sales of Delta AC dipped by 2% in this period, despite introducing 2 new products. The alarming figures of the quarter led Mr Bakshi, National Head Sales and Marketing asking each zonal Sales Head to identify reasons for this decline. At the Q1 Review Meeting held in end July, most Zonal Heads attributed it to customer dissatisfaction due to poor after sales service covering poor dealer workshop infrastructure, non…Fill in the table of threats and opportunities of the Dove company. Note:There is an example of a table with information, so you know what it refers to. Fill in the empty table, referring to Dove.
