Looking at the relationship between elasticity and total revenue, we can say that the option that is right to chose is
<em>e. None of the above</em>
Explanation:
Relationship between elasticity of the product revenue and the good price is so that there are a lot of variables to determine its effect on the total revenue of that said product.
This can be the demand supply change as well as the demand cost and the production cost of the production that must be taken into account before we begin to find a relation between their elasticity.
This makes them more vulnerable to change and thus leaves little chance to determine a relation,
Answer:
intellectual property rights
Explanation:
You do not need to watch any video to understand that the greatest concern for multinational corporations that want to operate in China through a joint venture, license or franchise is the protection of intellectual property rights. I'm not a fan of the current president, but his argument about Chinese government purposely breaching or helping to breach intellectual rights from foreign companies is extremely solid.
As a totalitarian government and the partner of basically every single Chinese company, it is impossible that the Chinese government doesn't know about property right breaches specially in the technological sector. This is beyond being careless, this is totally on purpose and intentional, and probably instructed by the government itself.
Answer:
a) true
Explanation:
In the changing environment companies face, they require to get valuable knowledge to be able to remain competitive in the market. To get that knowledge, they have the option to do research or train their employees but these options usually take time. When they need to do it fast, businesses can find people that already have the knowledge and that can apply it immediately in the company or acquire another organization that have what they need.
According to this, the statement that says that one of the fastest ways to acquire knowledge is to hire individuals or purchase entire companies that have valued knowledge is true.
Answer: See explanation
Explanation:
1. Flexible budget
A flexible budget is referred to as a budget that adjusts with the changes in volume.
2. Static budget
This is the budget that's prepared for just one sales volume level.
3. Variance
The difference between an actual amount and the budget is referred to as the variance.
4. Flexible budget variance
Flexible budget variance is the difference between the actual results that are gotten and the results that are gotten through the flexible budget model.
5. Sales volume variance
This is the difference between the actual units that are sold and the expected number of units that are sold, which is then multiplied by budgeted price per unit.