Given that G<span>rid
inc. is an American firm based in Cleveland that designs and
manufactures tractors and agricultural equipment. Grid inc. granted the
right to an Italian firm, Neos ltd. to use its brand name, and patented
technology to manufacture tractors in Italy. In return, Neos ltd. made
an upfront payment and agreed to give a percentage of the revenues that
it would gain to grid inc.
In this example, Grid inc. uses </span><span>franchising</span>
Answer:
The correct answer is A that is Inventory management
Explanation:
Inventory management is the term which is related to the supervision of the non-capitalized assets which is inventory and the items of the stock. A supply chain management component, which is inventory management, supervises or look after the flow of goods from the makers or the manufacturers to the storage or warehouses.
So, the inventory management is the activity of the physical distribution which is vital in supervising the items which could lead to decrease in storage, shipping and other cost.
Debit accountsreceivable<span>$2,000, credit service revenue $2,000</span>
Answer: $350
Explanation: The equilibrium GDP or output of an economy is such that an economy output is level or equal to the total amount of planned spending. it is usually equal to the amount produced, or GDP. which is, equilibrium GDP = ( C + Ig ). Consumption expenditures usually rise with GDP while planned gross investment expenditures are independent of whatever level the GDP gets to.
Answer:b)Tacit knowledge
Explanation: Tactic knowledge is considered as the informal form of knowledge. It is supposed to be a knowledge that is difficult to be transferred from one person to other.This knowledge cannot be easily understood by the person in written or verbal form.
Tactic knowledge is mostly understood clearly by the source person or port.Other option given are just a simple form of knowledge which can be understood easily. Thus the correct answer is option(b).