What is the key to successful investing?

Answers

Answer 1

- Make sure you know what your investing in (DYOR)

- Invest only money your willing to lose

- Learn from others and learn strategies


Related Questions

Starling Manufacturing Inc. has carefully set up strict specifications for raw materials that are sourced from suppliers. It follows a three-step approval process to select new suppliers and ensures that they are aware of raw material specifications. This is an example of: Question 1 options: concurrent control feedforward control feedback control clan control bureaucratic control

Answers

Answer: feedforward control

Explanation:

When using feedforward control, the emphasis is on preventing problems before they occur which means that it involves implementing measures that ensure that potential problems do not occur.

Starling Manufacturing is following this strategy here because they are making sure that their suppliers know their raw material specifications so that problems related to raw material acquisitions are limited.

Which tool of monetary policy allows the Federal Reserve to increase the
money supply?
A. Increasing the discount rate on short-term loans
B. Selling treasury securities on the open market
C. Reducing the reserve requirement on banks
D. Raising interest on reserves paid to banks

Answers

Answer:

C. Reducing the reserve requirement on banks

Explanation:

The Federal Reserve( Fed) expects commercial banks to maintain a percentage of customer deposits in their custody. The amount that the banks keep is known as reserves. The Fed sets the percentage of deposits to be held as reserves. The Fed may adjust this percentage in line with its monetary objectives.

By reducing the reserve requirements percentage, commercial banks remain with a bigger portion of deposits that they lend out. It means banks will issues out more loans to customers. An increase in lending adds more money to the economy. Reducing the reserve requirement increases the money supply in the country.

operation bootstrap was launched after the second world war to attract u.s. corporations to puerto rico. what was the overall outcome of operation bootstrap?

Answers

Manufacturing was thought to have contributed $621 million to the island's economy by 1967. [5] Evidently, the island was effectively industrialised by Operation Bootstrap.

A corporation is it a business?

Although not all firms are corporations, a corporation is usually a company. The term "company" can apply to a wide range of organisational forms, including: One person manages all business activities in a sole proprietorship, which is how it is defined.

In India, what are corporations?

In India, a corporation or company is a commercial entity that has its own legal identity, independent from that of its owners. Any company may bring a lawsuit or be sued on its own behalf.

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True or false: Volume variances are due to the difference between expected production and actual production and, therefore, never need to be investigated.

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False. Volume variances are due to the difference between expected production and actual production and, therefore, never need to be investigated.

Volume variances are variances that occur due to the difference between expected production and actual production. While they may seem straightforward, they should still be investigated to determine why the actual production differed from the expected production and what impact this had on costs. By investigating volume variances, companies can identify inefficiencies in their production processes and make improvements to reduce costs and improve productivity. For example, a higher than expected production volume may result in increased efficiencies and lower costs, while a lower than expected production volume may lead to inefficiencies and higher costs. As such, it is important to investigate volume variances to ensure that the business is operating as efficiently as possible.

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a company chooses to price its products by value-based pricing. in order for this type of pricing to be most effective, what additional tactics should be included with the price?

Answers

The additional tactics to be included is use of value-based price in conjunction with all elements of the marketing mix communicating value to the customer

Basically, a value-based pricing is a prices fixing strategy based on consumers perceived value of the product in the market

This type of pricing strategy maintains a certain price level to prevent customers from looking out for competitors product.

Hence, the additional tactics to be included is elements of the marketing mix communicating value to the customer

In conclusion, the Option B is correct.

The missing option includes "a.) employ a general market approach to pricing which considers what the market as a whole sees as valuable in a product or service b.) use a value-based price in conjunction with all elements of the marketing mix communicating value to the customer c.) offer a middle price point with the established price and tout the singularity of the product’s value"

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What is one benefit US workers who have a college degree rather than a high school diploma?

Answers

Answer:

Those with a college degree earn nearly twice as much as those without college.

Explanation:

A college degree increases the chances of securing a higher paying job than a high school diploma. Most employers insist on college degrees for managerial or executive positions. These are the positions with good pay packages. Currently, college graduates earn nearly twice their high school diploma holders.

Answer:

D.

Explanation:

the person above me is correct

Tsintah weaves traditional Navaho rugs. She weaves and sells 50 rugs. Her average cost of production per rug is $50. She sells each rug for a price of $65. Tsintah’s total revenues are a. $750. b. $2,500. c. $3,250. d. $5,750.

Answers

Answer:

Tsintah’s total revenue = $3,250

Explanation:

Given:

Number of rugs sale = 50

Cost of production of 1 rug = $50

Sales amount of each rug = $65

Find:

Tsintah’s total revenue

Computation:

Total revenue = Number of product sale × sales price

Tsintah’s total revenue = Number of rugs sale × Sales amount of each rug

Tsintah’s total revenue = 50 × $65

Tsintah’s total revenue = $3,250

Which one of these best measures a firm's long-run ability to meet its obligations? A) Cash ratio. B) Total asset turnover. C) EV multiple

Answers

The best measure of a firm's long-run ability to meet its obligations is Return on Equity. (Option D)

Return on Equity (ROE) measures the amount of net income a firm generates in relation to the amount of equity invested in the firm. This ratio provides insight into how well the firm is utilizing its equity to generate profits and meet its obligations. Hence, the best measure of a firm's long-run ability to meet its obligations is Return on Equity.

It is important to note that while the other options cash ratio, total asset turnover, EV multiple, and Equity multiplier, are all useful financial ratios, they do not specifically measure a firm's long-run ability to meet its obligations. The cash ratio measures a firm's liquidity, total asset turnover measures how efficiently a firm uses its assets to generate sales, the EV multiple measures a firm's market value relative to its earnings, and the equity multiplier measures the amount of assets financed by equity.

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The exchange gain or loss on repatriated funds from a foreign branch is calculated by multiplying the nominal amount of the funds by: Group of answer choices the difference between the exchange rate at the beginning of the year and the exchange rate at the end of the year. the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income. the difference between the current exchange rate and the exchange rate at the end of the year. the difference between the exchange rate on the date of repatriation and the exchange rate at the beginning of the year.

Answers

Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.

Explanation:

Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.

It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.

Which career path includes the work duties of hiring and managing farm laborers? a career as a purchasing agent a career as a farm management advisor a career as a farm labor contractor a career as a food scientist

Answers

Answer:

B.)   A career as a farm management advisor

Explanation:

Answer:

B

Explanation:

Assembly of the T4 phage Question 14 options: is completely self-assembly AND is never dependent on scaffolds. may involve some self-assembly AND may involve the use of scaffolds. is completely self-assembly

Answers

The assembly of the T4 phage can involve some self-assembly and may also involve the use of scaffolds. While the T4 phage does have the ability to self-assemble, it also relies on the presence of specific proteins that act as scaffolds to help guide and organize the assembly process.

These scaffold proteins help to ensure that the correct components are brought together in the proper order and orientation, which is crucial for the formation of a functional phage.

However, it is important to note that the extent to which scaffolds are involved in the assembly of the T4 phage may vary depending on the specific context and conditions of the assembly process.

Overall, while self-assembly is an important part of the T4 phage assembly process, it is not always sufficient on its own and may require the use of scaffolds to ensure proper assembly and function.

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In 2019, McKenzie purchased qualifying equipment for his business that cost $212,000. The taxable income of the business for the year is $5,600 before consideration of any Section 179 deduction.

a. Calculate McKenzie’s Section 179 expense deduction for 2019 and any carryover to 2020.

b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment instead of using Section 179 expensing?

Answers

Answer:

A) The cost reduction for 2019 is $5,600. His accumulation to 2020 from Sec 179 is $206,400.

B) The allowance for spending is $0 for 2019. His accumulation to 2020 with Sec 179 is $0.0.

Explanation:

1) As per sections 179, a total of $212,000 is available for deduction, but the payment is related to taxable investment income as a restriction. Company revenue here is $5,600. Exemption is then decreased to $5,600 and holdover to nest year without $206,400 is the residual expense.

2) When we seek extra first-year expense, regardless of taxable business profits, we will claim the entire equipment costs as a deductible. So, Section 179 is going to be Zero and there's no reason to roll on to next term because in the first last year we were claiming maximum costs.

a. Explain the commercialization of CRISPR?
b. How does the CRISPR plays its role in the field of
business?
c. Why is CRISPR not a great investment?

Answers

CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) is a revolutionary gene-editing technology that has opened up new possibilities in various fields, including biotechnology and medicine. The commercialization of CRISPR involves the translation of this technology into practical applications and products for commercial use.

In the field of business, CRISPR has the potential to bring significant advancements and disruptions. It enables companies to develop innovative therapies, treatments, and products by precisely modifying genetic material. CRISPR-based applications can revolutionize healthcare by offering personalized medicine, targeted therapies for genetic diseases, and improvements in agricultural biotechnology, among other areas. The technology also presents opportunities for intellectual property, licensing, and patenting, creating a landscape for business collaborations and investments.

However, despite its immense potential, CRISPR is not without challenges and risks, which may make it less attractive as an investment. The technology is still in its early stages, and there are regulatory and ethical concerns surrounding its use. The high costs of research and development, patent disputes, and uncertainties about the long-term effects of gene editing pose risks for investors. Additionally, the CRISPR market is highly competitive, with several players vying for breakthroughs and market share, which can further impact the investment landscape. These factors contribute to the view that CRISPR may not be a great investment option for everyone, and careful evaluation of the risks and opportunities is necessary.

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Which of the following is not a purpose of credit counseling?
O A. To provide borrowers with short-term loans
O B. To help a borrower avoid bankruptcy
O C. To help a borrower develop a debt management plan
O D. To teach good borrowing habits
the

Answers

All the above are the purposes of credit counselling except A. To provide borrowers with short-term loans

Credit counselling refers to advice given to borrowers to:

Help them avoid bankruptcy Help them develop a debt management plan Teach them habits that will ensure they don't borrow in a dangerous way

Debt counselling is meant to help borrowers avoid the adverse effects of borrowing and is not meant to provide borrowers with even more avenues for borrowing.

In conclusion, credit counselling is not meant to provide borrowers with more loans.

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Code of ethics foster ethical behavior by: O encouraging employees to be more competitive and profit-oriented.OI highlighting the religious implications of behaving in an unethical manner.O limiting the opportunity to behave unethically by providing punishments for violations of rules and standards. O Making employees understand that they should use their own judgment to determine if an action is ethical. O pointing out to the employees that ethical behaviors are subjective and are dependent on social perceptions.

Answers

A code of ethics promotes ethical conduct by educating employees on how to use their discretion to determine what is right and wrong, implementing consequences for breaking rules and standards, and emphasizing that ethical behavior is based on the company's values and not societal norms.

What is code of ethics foster ethical behavior?A code of ethics is a set of guidelines that outlines the principles and values that a company expects its employees to adhere to. It serves as a tool for promoting ethical behavior within an organization by clearly defining what is considered acceptable and unacceptable conduct. One of the main ways that a code of ethics fosters ethical behavior is by educating employees on how to use their own judgment to determine if an action is ethical. This helps to empower employees to make the right decisions, even in difficult or uncertain situations. Additionally, a code of ethics can limit the opportunity for employees to behave unethically by providing punishments for violations of rules and standards. This helps to create a culture of accountability, where employees know that they will be held responsible for their actions. Furthermore, a code of ethics also points out to the employees that ethical behaviors are not dependent on social perceptions, but rather on the company's values and standards. This encourages employees to focus on the company's values and to act in accordance with them regardless of external pressures or social norms. Overall, a code of ethics plays a crucial role in shaping the culture of an organization, promoting ethical behavior and fostering a positive work environment for all employees.

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steps on how to create your own app​

Answers

Explanation:

● Steps on how to create your own app

First you have to know coding and programing...

Samantha has a student loan. The loan amount is $15,000 for 10 years. Her interest rate is 8.25%. Use the Loan Calculator (Links to an external site.) to answer the following question. (Do not use commas or dollar signs in your answers.) How much will Samantha pay in interest?

Answers

Answer:

The amount paid each month would be 125$

The amount  will Samantha pay in interest is $12,375

Step-by-step explanation:

In order to calculate How much will Samantha pay each month we would have to make the following calculation:

loan amount is $15,000 for 10 years

Therefore, amount paid each year would be=$15,000/10=$1,500

Hence, amount paid each month would be=$1,500/12=125$

In order to calculate How much will Samantha pay in interest we would have to make the following calculation:

I=P*r*n

I=$15,000*8.25%*10

I=$12,375

The amount  will Samantha pay in interest is $12,375

chegg conduct an extensive interview with two family members, friends, or peers who recently made a major purchase. have them describe the process they went through. consider their responses and report your results. if each represented a market segment, what are the strategy implications?

Answers

Strategy implementation is a foresighted SWOT analysis tool. Strategic implications allow users to explore possibilities, problems, partners, and platforms in the future world individually or together with their team in collaborative brainstorming sessions.

Strategic planning has an impact on management performance because the resulting strategic plan directly affects the ability of the organization to retain the commitment and support of human resources to maximize the outcome or impact of implementing the plan. give.

Strategy implementation is the process of putting plans into action to achieve desired results. Basically, it's the art of getting things done. An organization's success depends on its ability to make decisions and execute critical processes efficiently, effectively, and consistently.

Strategic management provides overall direction by developing plans and policies to achieve objectives and allocating resources to implement the plans. Ultimately, strategic management helps companies gain a competitive advantage over their competitors.

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Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth

Answers

Answer: customer loyalty

Explanation:

a(n) is a union that consists of many local unions in a particular industry, skilled trade, or geographic area and thus represents workers throughout an entire country.

Answers

Industrial Union is a union that consists of many local unions in a particular industry, skilled trade, or geographic area and thus represents workers throughout an entire country.

Industrial union, a type of trade union that unites all employees—skilled and unskilled—working in a specific industry.

Industrial unions are labor organizations made up of all employees in a certain industry, regardless of occupation, craft, or talent. Because it admits workers from the least trained to the most skilled as members, the industrial union is frequently referred to as a vertical union.

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Preparing as much as possible for your first day of work can help workers to ________. a. remember important tasks they have forgotten b. let employers see how hard working they are c. use up stores of nervous energy they have d. feel unprepared for their new challenges Please select the best answer from the choices provided A B C D

Answers

Answer:

Use up stores of nervous energy they have.

Explanation:

hopes this helps:)

Answer:

C

Explanation:

Use up stores of nervous energy they have. hope its right got you guys

How do I Identify ways in which local businesses apply the marketing concept domestically and abroad and determine how it affects the business customers?

Answers

Invest in sponsored social media marketing campaigns or run Face-book banner advertising. Retargeting advertising should be used for prospects who have already visited your website. Customers social media contests to attract new clients.

Promote your products on the radio or television. International marketing is vital since it exposes your company to a bigger, global audience. On a brand level, foreign marketing provides opportunities for improved exposure, product awareness, and sales. Local marketing Customers is when you market your business to people within a certain geographical radius, such as those in your neighborhood or city. By focusing on a single area, you can begin to raise awareness of your products and services in the market that is nearest to you.

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after estimating its payroll for the year, an employer usually pays workers' compensation insurance

Answers

After estimating its payroll for the year, an employer usually pays workers' compensation insurance to provide benefits to employees who suffer job-related injuries or illnesses.

This insurance is required by law in most states in the United States, and the cost of the insurance is based on the employer's payroll and the level of risk associated with the industry. The purpose of workers' compensation insurance is to provide financial protection to employees who are injured or become ill due to their work. It also helps to protect employers from lawsuits filed by employees seeking damages for workplace injuries or illnesses.

Workers' compensation insurance typically covers medical expenses, lost wages, and rehabilitation costs for employees who are injured or become ill due to their work. The cost of the insurance can vary depending on the industry and the level of risk associated with the work.

For example, industries with a higher risk of injury or illness, such as construction or manufacturing, may have higher workers' compensation insurance premiums than industries with a lower risk, such as office work. Employers may also be required to provide training and safety equipment to reduce the risk of workplace injuries and illnesses, which can help to lower the cost of workers' compensation insurance in the long run.

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A stock has an expected return of 12. 9 percent and a beta of 1. 30, and the expected return on the market is 11. 80 percent. What must the risk-free rate be? (do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. )

Answers

To calculate the risk-free rate, we will use the Capital Asset Pricing Model (CAPM) formula. The risk-free rate must be 12.28%.

Expected Return = Risk-free Rate + Beta * (Expected Market Return - Risk-free Rate)
Given the information you provided, we have:
Expected Return = 12.9%
Beta = 1.30
Expected Market Return = 11.8%
Now, we will plug these values into the CAPM formula and solve for the Risk-free Rate:
12.9% = Risk-free Rate + 1.30 * (11.8% - Risk-free Rate)
To isolate the Risk-free Rate, follow these steps:
1. Expand the equation: 12.9% = Risk-free Rate + 1.30 * 11.8% - 1.30 * Risk-free Rate
2. Combine the Risk-free Rate terms: 12.9% = Risk-free Rate * (1 + 1.30) - 1.30 * 11.8%
3. Simplify the equation: 12.9% = 2.3 * Risk-free Rate - 15.34%
4. Add 15.34% to both sides: 12.9% + 15.34% = 2.3 * Risk-free Rate
5. Divide by 2.3: (28.24%)/2.3 = Risk-free Rate
Risk-free Rate = 12.28%

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Ian invested $90,000 in an account paying an interest rate of 2. 6% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 7 years?.

Answers

Answer:

$94176

Explanation:

Amount in 7 years = $90000 * (1 + 0.026/4)^7

Amount in 7 years = $94176

PLZ HELP ASAP 20 POINS FOR CORRECT ANSWER!!!!!!! Jonson Works in a retail store and updates all the sales records by the end of the day he needs to send the weekly sales report to his supervisor which type of data processing technique will he use to carry out his duties efficiently?

Johnson will use the__processing system to update the sales records send a weekly report to a supervisor​

Answers

Answer:

data processing system

Answer: Transaction processing system

Explanation: im the ceo of apple

How to secure a business loan

Answers

Securing a business loan requires careful planning and preparation to ensure that your application is approved. Below are some essential tips on how to secure a business loan.

1. Have a clear business plan: A well-defined business plan is essential for securing a loan. It should outline your business goals, revenue projections, marketing strategies, and financial needs. A clear business plan shows the lender that you are serious about your business and have a solid plan in place.

2. Check your credit score: Before applying for a loan, it's important to check your credit score. A good credit score is essential for securing a loan. A score of 700 or higher is ideal for securing a business loan. If your credit score is low, take steps to improve it before applying for a loan.

3. Choose the right lender: There are many lenders that offer business loans. Choose the lender that best suits your needs and has experience working with businesses in your industry.

4. Prepare your financial documents: Lenders will require financial documents such as tax returns, bank statements, and financial statements. Have these documents ready before applying for a loan.

5. Be prepared to provide collateral: Most lenders require collateral to secure a loan. Collateral can be in the form of assets such as real estate, equipment, or inventory. Be prepared to provide collateral to secure a loan.

6. Show your ability to repay the loan: Lenders will want to see that you have the ability to repay the loan. Provide evidence of consistent revenue, a solid business plan, and financial projections. By following these tips, you can increase your chances of securing a business loan.

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List down possible career opportunities in the following career areas in TLE (at least 5 for each) a) Agriculture b) Horticulture c) Handicrafts d) Cookery

Answers

These are just a few examples of the many jobs available at TLE. He holds a variety of management and consulting roles for those interested in agriculture and horticulture, agriculture, marketing and agricultural research

a) Agriculture:

1. Agricultural Scientist

2. Crop Production Manager

3. Livestock Business Manager

4. Agricultural Economist

5.Agricultural Consultant

b) Gardening:

1. Gardener

2. Landscape Architect

3. Nursery Manager

4. Arborist

5.

Glass Blower

d) Cookery:

1. Cook

2. Catering Manager

3. Restaurant Owner/Manager

4. Catering Manager

5.Pastry Chef

Crafts offer design and art for people who love to design and craft, while cooking has many roles in the food industry, from chefs to restaurant managers to rice and owners. There are also many opportunities for entrepreneurs and business owners in each of these sectors. With increasing emphasis on sustainability and local production, these areas are likely to continue to grow and evolve, offering more opportunities for TLE enthusiasts.

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What is a quotation???why is it important to businesses?​

Answers

It also protects your business from legal and financial risks. Developing quoting skills will help you win work and build your customer base. Always quote in writing to avoid confusion. Remember, customers tend to get at least 3 quotes for expensive products or services.

true or false? whereas a vendor-neutral certification covers concepts and topics that are general in nature, a vendor-specific certification focuses on a specific product or product line.

Answers

The answer is false. A "vendor-neutral" certification is one that is not directly associated with a specific IT vendor. These certifications tend to develop a universally applicable base of knowledge and skills.

Vendor-specific certifications relate to and validate the competence of specific vendor technologies and tools. Vendor-neutral certifications, on the other hand, validate competencies in basic security and network fundamentals. Vendor certification indicates that the vendor has certain skills. Track vendor certifications to ensure your business operations comply with regulatory requirements. Vendor certifications are updated regularly and reliably updated as needed. Importantly, a vendor-agnostic system allows decisions to be made based solely on business needs.

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Other Questions
Which is an example of popular culture?A. MagazinesB. SongsC. MoviesD. All of the above compare exile and the lost sister Do parts a, and b ( 10 points each) a. Identify the four types of market structures. What are the characteristics of the four types of market structure b. Draw the short-run ATC, AVC, MC, MR and Demand graphs for a perfectly competitive market experiencing a profit. In each part, show Total Cost (TC), Total Revenue (TR), shade the profit. Clearly label Q for the equilibrium quantity point and P for market price point. Kayleen is using ribbon to wrap gifts. She cut her ribbon into four 16-inch pieces. After she cut the ribbon, there was a piece left over that was 5 inches long. How long was the ribbon before Kayleen cut it? the quotient of x and 10 equals 30 if BCF ~ BDE, solve for x How did the boston port act affect the colonists? Earth's surrounding atmosphere is part of its _______.A) biosphereB) food chainsC) nicheD) population What inference can be made about Mr. Dwerrihouse based on how he is introduced and his character is developed in the text? Support your answer with details from the text. if the absolute value of slope of the demand curve is 2.5, price is $6 per unit, and the quantity demanded is 8 units, then the price elasticity of demand is allocating too much capacity to a location results in a. poor utilization, and as a result, higher costs. b. high utilization, and as a result, higher costs. c. poor utilization, and as a result, lower costs. d. high utilization, and as a result, lower costs. How did Gandhi oppose British rule?by fighting British soldiersby bombing Indian railroadsby resisting peacefullyby attacking British forts Suppose the rate of return on short-term government securities (perceived to be risk-free) is about 6%. Suppose also that the expected rate of return required by the market for a portfolio with a beta of 1 is 13%. According to the capital asset pricing model: a. What is the expected rate of return on the market portfolio? (Round your answer to 2 decimal places.) b. What would be the expected rate of return on a stock with =0 ? (Round your answer to 2 decimal places.) c. Suppose you consider buying a share of stock at $46. The stock is expected to pay $2 dividends next year and you expect it to sell then for $48. The stock risk has been evaluated at =.5. Is the stock overpriced or underpriced? Underpriced Overpriced Elijah was six times as old as his son. In twelve years he will be twice as old as his son. How old are they now the nurse is listening to a lecture on the mechanisms of managed care costs. how should the nurse interpret the benefit of managed care costs? Identify the hypotheses and conclusion of this conditional statement: If two lines intersect at right angles, then the two lines are perpendicular Bioelectrical impedance analysis works by using a small electrical current to measure the body's ______. Disneyland Shanghai There were signs aplenty that the April 8, 2011, groundbreaking for the US$4.4 billion Shanghai Disney Resort was not aimed at the typical Orlando vacationer. Shanghai school children sang When You Wish Upon a Star - in Mandarin. Mickey Mouse showed up clad not in his signature duds but in traditional red Chinese garb to symbolize good fortune. Everything was customized to suit the tastes of the world's most populous nation. Walt Disney has good reason to sweat the details at its first theme park on the mainland. When it opened Hong Kong Disneyland in 2005, it underestimated how many visitors would show up and how long they would linger. The result: too few rides, inadequate seating and food supplies at restaurants, and angry crowds that had to be turned away. Although the 47% Disney-owned Hong Kong park is expanding, it still lost US$92.3 million in the year ended October 2010, while attendance rose 13%. "We learned a lot from Hong Kong," says Disney Chief Executive Officer Robert A. Iger. "In Shanghai, we're within a three hours' drive of 300 million people. That's a huge opportunity, and we have to be careful about how many will come and their visitation patterns." For Disney, which will own a 43% stake in the 963-acre resort (three state- owned companies own the rest), Shanghai is a US$1.9 billion wager on a growing Chinese middle class who the company projects will spend US$200 billion annually on leisure travel by 2015. It is also a bet that Disney's characters and 55-year history of running theme parks can be adapted to a culture it may not fully understand. "Disney has too much riding on China to let either Hong Kong or Shanghai fail," says John Gerner, managing director of Leisure Business Advisors, which assessed the potential for theme parks in China for Village Roadshow, an Australian theater and park operator. "Hong Kong was an experiment to see if a smaller park would work, and it didn't. Now they're fixing it." Shanghai's Disneyland will be almost 85 acres, about 50% larger than the Hong Kong park at its opening, says one executive. There will be traditional Disney rides and others based on Chinese culture, says Iger. The company is adding Chinese nationals to its "Imagineering" team to help develop the park. One staple that will change: Main Street USA, the turn-of-the-century collection of storefronts and horse- drawn street cars that welcome visitors to most Disney parks. Explains Iger: "We simply believe Main Street USA might not be that interesting to people here." Disney is not likely to repeat the cultural faux pas it made when it opened Disneyland Resort Paris in 1992, where food sales suffered because the park initially did not serve wine with meals. In Hong Kong, Disney has cut the number of hot dogs in restaurants in order to serve more dim sum and noodle dishes, says a Disney executive, and there is likely to be plenty of local fare in Shanghai. "Disney is paying a lot of attention now to cultural differences," says Evercore Partners analyst Alan Gould. One motivation: The Shanghai park will generate $70 million in management fees for Disney in its first year and $200 million within a decade, Gould estimates. In the above article, Disney is entering the China market. (a) What is the mode of entry used by Disney? Justify your answer based on the context. What are the pros and cons of this mode of entry? (b) Describe the Balance of Payment for US and China qualitatively. (hint: what is being imported and exported? Quantitative statistics is not required.). Which country is benefiting more should Disneyland Shanghai is successful? Justify your answer. (hint: impact on GDP for both countries) Conjugate the following verb parler, au prsent: je hi can anyone help me with this please