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ladessa [460]
3 years ago
8

Max is looking to expand his American custom tie manufacturing business in Dallas, Texas, overseas. He has found an organization

in Brussels, Belgium, that is willing to partner with him and split the capital requirements. Max and his Belgian partners will be creating a new company that manufactures custom European-style ties. What method of global expansion is Max utilizing?
Business
1 answer:
const2013 [10]3 years ago
7 0

Answer:

joint venture

Explanation:

The method that max is using for global expansion is known as a joint venture. This is the case in this scenario since they are partnering with the Company overseas and sharing in the capital requirements as well as the accomplishments and profits. In the context of global expansion, this is done in order to make the expansion into a new geographical location by partnering with a local company in the area which has experience dealing with that economic environment.

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WriteOn Stationery is new in the market. They have hired a specialized agency to promote their products in the market. Which typ
Brrunno [24]

Answer: Marketing service

Explanation: Marketing services can be defined as those services involving activities like advertising and market research etc. The main focus of marketing is not on advertising the products but to make a demand in the market for the product offered.

In the given case writeon is new in the market hence they need promotion and customer base for selling the product. The advertising objectives that writeon needs can be achieved with the help of marketing activities.

8 0
3 years ago
The financial statement that shows revenue and expenses for a period of time is the
zavuch27 [327]
<span> The </span>income statement<span> reports revenues and expenses and the resulting </span>net income

8 0
3 years ago
In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. T
Mamont248 [21]

Answer:

D) 137000 39000

Explanation:

Allen  140,000

Daniel 40,000

Capital before admission 180,000

share ratio 3:1

Capital after admission:

180,000 + 40,000 = 220,000

David participation: 20%

220,000 x 20% = 44,000

David investment  40,000

goodwill: 4,000

There is a difference in goodwill which will be supported for the old partner as their current share ratio

Allen 4,000 x 3/4 = 3,000

Daniel 4,000 x 1/4 = 1,000

Capital after David admission:

140,000 - 3,000 = 137,000

40,000 - 1,000 = 39,000

6 0
3 years ago
A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou
Delvig [45]

If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

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6 0
1 year ago
Arrange strategic planning analysis in correct order.
Allushta [10]
I would say
division planning
product planning
business planning
corporate planning
5 0
3 years ago
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