All categories

1 year ago

If a service firm wants to build a global presence quickly and at a relatively low cost and risk, it must employ:___.

1 answer:

lisabon 2012 [21]1 year ago

5 0

If a service firm wants to build a global presence quickly and at a relatively low cost and risk, it must employ Franchising

worldwide presence method increasing the corporation's commercial enterprise into specific international locations at some point of numerous regions of the arena. maintaining an worldwide presence of the employer is the most vital a part of global presence.

worldwide presence makes available to the company's managers 5 price-advent possibilities: to adapt to neighborhood market variations, to take advantage of economies of global scale, to make the most economies of global scope, to faucet optimum locations for sports and assets, and to maximise knowledge switch across locations.

A franchise is a way of dispensing services or products related to a franchisor, who establishes the emblem's trademark or alternate name and a enterprise system, and a franchisee, who will pay a royalty and frequently an initial price for the right to do enterprise under the franchisor's name and system.

Learn more about global presence here:-brainly.com/question/14389228

#SPJ4

You might be interested in

Amazon Company uses predetermined departmental overhead rates based on direct labor cost to apply manufacturing overhead to jobs

Rom4ik [11]

Answer:

a. $270,000

Explanation:

Department A:

Manufacturing overhead=200% of direct labor

80000 = 200% of direct labor

So, direct labor = 80000/200%=$40,000

Department B:

Manufacturing overhead=50% of direct labor

So, Manufacturing overhead = 50%*60000=$30,000

Total manufacturing cost = Material cost + Labor cost + Manufacturing overhead

- Material cost = 50000+10000=$60,000

- Direct labor cost = 40000+60000=$100,000

- Manufacturing overhead = 80000+30000=$110,000

Total manufacturing cost = $60,000 + $100,000 + $110,000

Total manufacturing cost = $270,000

4 0

3 years ago

in 2018, a company employee received an option to purchase the company's stock at $45 per share. if the stock is trading at $40

erma4kov [3.2K]

Based on the stock's price in 2020, the employee will most likely not bother to exercise the options.

<h3>When are options exercised?</h3>

Options are exercised by employees or other parties when the market price of the underlying stock is more than the price that the option can be redeemed at because this would lead to profit.

The underlying stock here is trading at $40 which is less than the price of redeeming the option so the employee will not exercise the options.

Find out more on exercising options at brainly.com/question/25750529

#SPJ1

7 0

1 year ago

an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly and its im

Ilia_Sergeevich [38]

Answer & Explanation

Monopoly is where in the market there is only one seller in the market has a certain product where no other seller has. It my be goods or services but there is no substitute. This means that the owner of such a product is in full control of his/her supply. The main or the greatest impact of monopoly in the market may favors the the seller only while on the other the side the consumer may be pressed. This mostly occurs when it comes to pricing because a monopoly has potential to rise prices. This is due to lack of competition in the market. An example of monopoly in the united states in the past was :

Standard Oil company - This was an oil producing company which was producing,transporting,refining and marketing oil. It was incorporated under Standard Oil Trust which handled all oil production, transportation, refinement, and marketing. Holds 91% of oil production and 85% of its final sales in the United States Market in the early 1900s. The main sources of of monopoly were that to join into a certain industry it was very expensive so this became a main barrier.

6 0

3 years ago

Read 2 more answers

Jessica was recently praised by her supervisor for displaying superior customer service during an encounter with a problem custo

yaroslaw [1]

Jessica was recently praised by her supervisor for displaying superior customer service during an encounter with a problem customer. This is an example of organizational effectiveness.

What is Customer service?

Customer service is the assistance you provide to make sure that your clients have a simple and satisfying experience with you, both before and after they purchase and utilize your goods or services. If you want to keep clients and expand your business, you must provide outstanding customer services. Customer service today offers much more than the standard telephone support representative. It's accessible through social media, text messages, email, and the web. Many business also provide self-service assistance, allowing clients to research solutions on their own day or night.

Learn more about Customer Service here:

brainly.com/question/19049484

#SPJ4

6 0

1 year ago

A permission marketing program means promotions are only sent to customers who grant permission to receive them

Mama L [17]

True, permission marketing requires the customer to give permission before they receive marketing materials. A common example is opt-in email lists where the company won't send you emails until you sign up on their website or otherwise give your email address.

8 0

2 years ago