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Viefleur [7K]
3 years ago
14

The Japan-based multinational Sony engaged in __________ when it partnered with Shanghai Oriental Pearl Group. Together, the two

companies would make and market PlayStation consoles and games in China.
Business
1 answer:
HACTEHA [7]3 years ago
6 0

Answer:

The correct word for the blank space is: a joint venture.

Explanation:

In a joint venture, two or more businesses agree to contribute to capital and resources for a common project. Usually, developers, manufacturing companies, and service providers agree to produce a good. If successful, those parties split the profits based on the value of their respective contribution to the joint venture.

You might be interested in
The deadweight loss from a tax is likely to be greater with a good that has:
Alona [7]

Answer:

A. -many substitute

Explanation:

Deadweight loss is inefficiency that occurs as a result of taxation. It's the change in production or consumption as a result of tax.

If tax is imposed on a good with many substitutes, the deadweight loss would be greater because consumers can easily shift consumption to another good that is cheaper.

If a good has inelastic supply or demand, the deadweight loss is less because consumers and producers do not change quantity demanded and supplied if prices increase as a result of tax.

I hope my answer helps you.

4 0
3 years ago
If you were trying to decide whether to take out an auto loan for $6500 to buy your first car, thereby allowing you to commute f
Ksivusya [100]

Answer:

Yes, Loan would meet our requirement to commute for an impressive summer internship program next year

<u>Explanation:</u>

Taking a loan would meet our requirement of buying a car. We will be able to make the downpayment. This will enable us to buy a car. So the decision to take the loan will be valid.

It will help us in commuting easily for the summer internship program. We will immediately get the car after making down payment and will avail of the benefits of using the car. This is a healthy type of debt.

8 0
3 years ago
What is likely to happen if the price of a product goes up?
sleet_krkn [62]
B because if the price goes higher then the supply’s are to decrease
7 0
3 years ago
Read 2 more answers
The fact that universal technical standards for the internet and electronic commerce exist lowers ________ costs, making it chea
olasank [31]

The fact that universal technical standards for the internet and electronic commerce exist lowers market entry costs, making it cheaper for merchants to sell their goods.

The universal technical standards of the web and e-commerce greatly lower market entry costs- the value merchants must pay simply to bring their goods to promote.

At the same time, for consumers, universal standards reduce search costs- the hassle required to seek out suitable products when businesses sell products, services or information to consumers.

Internet technology reduces information costs and raises quality of knowledge, enabling price transparency (the ease for consumers of finding a spread of prices) and price transparency (the ability of consumers to work out the particular costs of products). data to execute these transactions.

As social bookmarking systems are growing in popularity, search algorithms are developed that transfer the concept of link-based rankings within the Web to a social bookmarking system's organization. These rankings differ from traditional program rankings therein they incorporate the rating of users.

A universal standard means the standards that are shared by all nations round the world. The universal technical standards of e-commerce are a greatly lower market entry cost, which suggests the merchants must pay the prices of the products that they create to the market.

learn more about universal standard: brainly.com/question/14971225

#SPJ4

3 0
2 years ago
Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and va
Sunny_sXe [5.5K]

Answer:

<u>Part 1</u>  There will be a disadvantage for 30,000 as there are allocated cost into product X

<u>Part 2 </u>TRUE

As performing the order will not renounce to selling in the local market. When the order comiptes with the normal capacity(there is no idlbe capacity to use) it will have as opportunity cost the contribution if sold in the local market.

Explanation:

\left[\begin{array}{cccc} &$Current&$Discontinued&$Differential\\$Revenues&400,000&&-400,000\\$variables&-320,000&&320,000\\$Contribution&80,000&&-80,000\\$avoidable fixed cost&-50,000&&50,000\\$allocate fixed&-70,000&-70,000&\\$Result&-40,000&-70,000&-30,000\\\end{array}\right]

Revenue 10,000 x 40 = 400,000

Variable Cost: 100,000 x 32 = 320,000

Avoidable: 120,000 - 70,000 = 50,000

4 0
3 years ago
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