Tofas Car is a German automobile manufacturer that builds high-end luxury cars for sale around the world. Tofas managers recognize they are missing opportunities in emerging markets, such as China, which have an increasing number of middle-class people ready to purchase affordable cars. Competitors that entered the Chinese market experienced significant profits over the last two years. Tofas managers have been assigned the task of determining the best strategy for Tofas to do business in China. Which of the following is likely to be the most beneficial to Tofas if it builds a manufacturing facility in China? a. low-cost labor pool.
b. government regulations.
c. solid infrastructure.
d. legal precedents.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.