The most suitable mode of entry for Shiffon Electric into the European market will be through <u>acquisition</u>.
<h3>
What is an acquisition?</h3>
This is a business arrangement whereby a company purchases most or all of another company's shares to gain control of that company.
Thus, this business arrangement will allow Shiffon Electric Group to enter into the market effectively and have market share despite number of well-established incumbent enterprises.
Read more about acquisition
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Answer:
a. c+b≤360....equation 1
b. 2 c+1.5 b≥500.... equation 2, where c and b are the number of cans and bottles of water respectively.
c. The number of water bottles to be sold have to be equal to or more than 142 to cover the cost of renting costumes.
Explanation:
a.
<em>Step 1: Determine maximum number of cans and bottles</em>
As indicated, the number of cans and bottles can not exceed a certain value. This means that the number of cans and bottles can be either equal to or less than that value. The maximum number of cans and bottles can be represented in the following expression;
c+b≤m
where;
c=unknown
b=unknown
m=360
replacing;
c+b≤360....equation 1
b.
<em>Step 2: Determine total amount needed to raise $500</em>
Since $500 dollars is the minimum amount needed, the sales have to be $500 and more. This can be expressed as;
(C×c)+(B×b)≥T
where;
T=total amount needed
C=price per can of lemonade
c=number of cans sold
B=price per bottle of water
b=number of bottles sold
In our case;
T=$500
C=$2
c=unknown
B=$1.50
b=unknown
replacing;
(2×c)+(1.5×b)≥500
2 c+1.5 b≥500.... equation 2
c.
<em>Step 3: Determine least number of bottles of water that must be sold</em>
The least number of bottles of water that must be sold to cover the cost of renting costumes can be solved using equation 2 above;
2 c+1.5 b≥500
where;
c=144
b=unknown
replacing;
(2×144)+1.5 b≥500
288+1.5 b≥500
1.5 b≥500-288
1.5 b≥212
b≥212/1.5=141.33=142
b≥142, meaning the number of water bottles to be sold have to be equal or more than 142 to cover the cost of renting costumes.
Answer:
differentiated by quality/design
Explanation:
In this scenario the two coffee shops have different strategies for sale. While Jackie's coffee is a sit down cafe with a waiter service that takes personalised orders, Johnny's coffee sells at various kiosks it owns.
These two businesses are differentiated by quality or design. Jackie's has more quality because of the personalised service provided to customers.
Jackie uses design of a sit down cafe in one location, while Johnny's business design is to sell coffee at various locations (kiosks)
Answer:
The reasonable, probable and legal use of vacant land or an improved property, which is physically possible, appropriately supported, financially feasible, and that results in the highest value.
Explanation:
Answer:
C. 66,000
Explanation:
Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred
Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000
Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion
EUP = 50,000 + 16,000 * 100 = 66,000