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Alex17521 [72]
3 years ago
8

After developing a computer locking system, Caffrey Computer Corp. worked out a licensing deal with Chicago Desktop (a potential

competitor) to sell the lock with every computer. This agreement is an example of _____.
Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

<u>A Strategic Alliance</u>

Explanation:

A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.

It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.

The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.

Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.

In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.

You might be interested in
Aggressive marketing in the context of format wars: a. does not encompass point-of-sales promotion techniques. b. deters early a
Dvinal [7]

Answer:

Helps a company jump-start demand

Explanation:

Format war in business is defined as competition for market dominance between producers of a particular type of technology with closely related functions.

Aggressive marketing are strategies employed to gain and ensure survival in a new market.

A typical example an aggressive marketing in the format war is selling a software at a low price but a relatively high price for support service.

One of the advantages is that it helps a company jump -stand demand among competitions

6 0
3 years ago
At the level of output at which a single-price monopolist maximizes profit, price is Group of answer choices
Sladkaya [172]

Answer:

Greater than marginal cost.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. It is also known as oligopoly, wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

Also, a single-price monopolist is an individual or seller that sells each unit of its products to all its customer at the same price. Hence, a single-price monopolist doesn't engage in price discrimination among its customers (buyers).

At the level of output at which a single-price monopolist maximizes profit, price is greater than marginal cost because the marginal revenue would be below the demand curve.

However, if the marginal cost is greater than the price, the monopolist will not make any profit.

<em>In a nutshell, profit maximization for the single-price monopolist occurs at the point where marginal cost is equal to marginal revenue (MC = MR) on the graph of price (P) against quantity (Q) of goods. </em>

6 0
4 years ago
Hettrick International Corporation's only product sells for $120.00 per unit and its variable expense is $52.80. The company's m
MrRissso [65]

Answer:

Number of units to be sold= 6,093

Explanation:

Giving the following information:

Selling price= $120

Unitary variable cost= $52.8

Fixed cost= $396,480

Desired profit= $13,000

<u>To calculate the number of units to obtain the desired profit, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (396,480 + 13,000) / (120 - 52.8)

Break-even point in units= 6,093.4 = 6,093

7 0
3 years ago
Spyder Corporation’s technology and business strategies became entangled, what would this be considered?
ankoles [38]

When a business's strategies and technology are able to become entangled, this is called <u>Technology integration. </u>

<h3>What is technology integration?</h3>
  • Refers to the process of aligning a business's strategies with its available technology.
  • This allows for increased efficiency to achieve organizational goals.

When Spyder Corporation's technology was entangled with its business strategies, this allowed for technology integration that will contribute to the success of their business.

Find out more on benefits of technology at brainly.com/question/1162014.

4 0
3 years ago
Earth presently has 1.4 billion hectares of arable land, and each hectare produces between 1 and 2 tons of grain annually. What
olga nikolaevna [1]

Answer:

a) 2.1 billion tons/yr

b) 10.5 billion people

Explanation:

Given:

Total arable land = 1.4 billion

Grain produced by each hectare of land = 1 and 2 tons annually

therefore,

The average Grain produced by each hectare of land = \frac{\textup{1+2}}{\textup{2}} = 1.5 tons/yr

Therefore,

The total grain produced annually

= average Grain produced × Total arable land

= 1.5 × 1.4 billion

= 2.1 billion tons/yr

b) Sufficient grain for each people = 200 kg

Now,

1 ton = 1000 kg

thus,

2.1 billion tons = 2.1 × 10⁹ × 1000 kg = 2.1 × 10¹² kg

The number of people Earth can support = \frac{\textup{ total grain produced annually }}{\textup{Sufficient grain for each people}}

or

The number of people Earth can support = \frac{\textup{ 2.1}\times10^{12}}{\textup{200}}

or

The number of people Earth can support = 10.5 × 10⁹ people

= 10.5 billion people

6 0
3 years ago
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