Answer:
a) Distinguish between the use of Franchising and Joint Venture as modes of entry into other countries by global businesses.
Franchising consists in the licensing of aspects of production and intellectual property to a another party: the franchise.
A Joint Venture is a business union between two or more parties, in which they split profit as well as costs and responsabilities.
b) What are the respective advantages and disadvantages of both strategies?
Franchising can be a quicker way to expand into foreign markets. The flexibility of the method, and the lower capital requirements are the reason why. This can be seen in the success that American fast-food brands have had using this method to expand in global markets.
A Joint-Venture can be more difficult to use for market expansion, however, it can be more profitable, because the profit will not be split among as many parties as in franchising, and more importantly, the firm maintains a higher control of the operation.
Answer:
Imports
Explanation:
Dominique owns an international grocery store, the World Food Market, where customers can purchase foods and canned goods from other countries. World Food Market is an example of a company that imports. Dominique imports products from different countries and make them available to its customers on their shelves. They have to buy those products from different sources. For this purpose, they have to put large amount of efforts in order to contact the foreign vendors and get their product imported in their country and ultimately at their store by spending costs and efforts. By importing products from other country, they can provide large product assortment to their customers.
Answer: Percentage increase is 87.02%.
Explanation: Percentage increase is calculated by subtracting the value in 2012 from the value of exports in 2011 and then dividing it by the value in year 2011.
a. Subtract value in 2012 from value in 2011
b. Divide the answer in part a by value in 2011.
c. Multiply the answer in part b by 100.
We have the percentage increase.
Answer:
Geo-demographic technique
Explanation:
This is a technique that simply combine data on consumer expenditures and socioeconomic variables with geographical information in order to identity commonalities in consumption patterns of households in various regions.
