Base on this context, Cream Bite Inc., is considered to be a
joint venture. A joint venture is considered to be a business entity that
occurs when the two or more parties are involved in one business in which they
have a share ownership with the business.
Answer:
a.
Explanation:
According to my research on different industry business plans, I can say that based on the information provided within the question the answer that does not describes the firm's situation would be that entrepreneurs outside the industry will be eager to enter. This is because it doesn't have anything to do with the business' situation and does not make sense since entrepreneurs that are not even part of this industry would be looking to form their own businesses.
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The correct answer is: " management" .
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" <u> Management </u> is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources. "
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An effective "mnemonic" for these 4 (four) components of management is:
"PLOC" ; or more appropriate, in the order in which they occur: "POLC" .
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Note that "organizational resources" include "data" (e.g. data management) ; as well as management of employees among various departments; hierarchies of management among departments; supply chain marketing and management, and labor-management relations and human resources management.
Effective management skills include: conceptual skills, technical skills, and human skills.
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Answer:
Sports Merchandise
Explanation:
According to the situation that has been described in the question it can be said that the loss is suffered by Sports Merchandise. This is because a the seller of a good or product is liable for that product until the buyer purchases the product and decides to keep it. Which in this scenario since Sports Merchandise made a mistake on the product size and Quest decided not to accept the product then the responsibility and risk of loss remained with Sports Merchandise as the owner of the product.