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gogolik [260]
3 years ago
13

A greenfield venture is when a company builds a subsidiary from scratch in a foreign country instead of acquiring an established

firm. If successful, this can be more profitable because the profits do not have to be shared with a partner or another firm. It also...a. trades control for greater returnsb. is the riskiest type of direct investmentc. is the lowest risk form of international business
Business
1 answer:
xeze [42]3 years ago
3 0

Answer:

Trade control for greater returns

Explanation:

Considering the way of founding a Greeenfield  venture , it has the benefit of being more profitable as it does not have to share its profit with ant other party.

Another benefit that worth mentioning is trade control for greater returns. It maintains a high level of control over manufacturing procedures ,business operations  branding and staffing towards profit maximization.

However ,just like in sole proprietorship, the risk involved can be very high.

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Airlines can price discriminate by determining people's _______ to pay for luggage accommodations. Some customers will check a b
mr Goodwill [35]

Answer:

Willingness to pay

Revenue

Two

Elastic

Inelastic

Explanation:

Price discrimination is when a producer or a seller charges different prices for the same product usually in different markets.

In price discrimination, a seller attempts to remove or reduce consumer surplus by charging the consumer at his willingness to pay. For price discrimination to be effective, a seller must be able to estimate the willingness to pay of consumers.

Price discrimination is successful when a seller earns higher profits when she discriminates compared to when she didn't price discriminate.

Price discrimination exists in the airline industry. One of the ways price discrimination exists in the airline industry is through charging to check bags. Customers ( people who board airplanes) are distributed into two groups- those who won't pay to check bags and those who would pay to check bags.

It is assumed that those who would pay to check their bags have a price inelastic demand because they are indifferent to paying an extra amount for their luggage.

Inelastic demand is defined as when a small change in price has no effect on quantity demanded.

While it is assumed that those who won't pay to check their bags have an elastic demand because they are unwilling to pay extra to check their luggages.

Elastic demand is when a change in price has effect on quantity demanded.

5 0
3 years ago
Which of the following is the first step in Kotter's eight-step plan for implementing change?A) Create a new vision to direct th
forsale [732]

Answer:

The correct answer is letter "B": Establish a sense of urgency by creating a compelling reason for why change is needed.

Explanation:

American educator John Kotter (born in 1947) in his book "<em>Leading Change</em>" (2011) proposed an eight-step method to generate change within an organization. The first of them is to Create Urgency, where potential risks are identified, and scenarios that illustrate what might happen in the future are created. Also, honest discussions are carried out to offer diverse and compelling reasons of why the change is needed.

4 0
2 years ago
The receiving department has three activities: unloading, counting goods, and inspecting. Unloading uses a forklift that is leas
stepladder [879]

Answer:

Calculating the cost of each activity,

Unloading = $ 80,100

Counting = $ 37,500

Inspecting = $54,450

Explanation:

Given:

Unloading lease = $15,000 per year

Fuel for the forklift = $3,600 per year

Maintenance for the forklift = $1,500 per year

Inspection uses some special testing equipment that has depreciation of $1,200 per year

Operating cost = $750.

Receiving employees average salary = $50,000 per year

Salaries; 3 × 50,000 = 150,000

Unloading salary = 40%  × 150,000 = 60,000

Counting salary = 25%  × 150,000 = 37,500

Inspecting salary = 35% × 150,000 = 52,500

                              Unloading                 Counting                    Inspection

Equipment               15,000                                                             1,200

Fuel                           3,600

Operation cost          1,500                                                                750

Labor                       60,000                   37,500                          52,500

Total cost                 80,100                   37,500                          54,450

6 0
3 years ago
Starbucks CEO Howard Schultz has made sure his employees have health insurance and work in a positive environment. He could best
Leya [2.2K]

Answer: Servant leader

Explanation: Servant leader is that leader whose main goal is to serve his followers and subordinates.  All the actions that a servant leader takes is to make sure that the needs of his followers are taken care of.

This theory is sometimes used in management also we the perception that employees are the most important asset and if they are provided with proper facility their productivity will be at full, leading to development of organization.

In the given case, Starbucks CEO is taking utmost care of his employees. Hence, it is clearly a Servant leader example.

3 0
3 years ago
The constraint at Pickrel Corporation is time on a particular machine. The company makes three products that use this machine. D
rosijanka [135]

Answer:

JT, SM, VD

Explanation:

Calculation to rank the products in the order in which they should be emphasized

VD JT SM

Selling price per unit

$ 344.85 $ 415.40 $ 119.32

Less:Variable cost per unit

$ 270.18 $ 310.88 $ 91.96

Contribution per unit

$74.67 $104.52 $27.36

÷Minutes on the constraint 5.70 6.70 1.90

=Contribution per minut

$13.10 $15.60 $14.40

Ranking

VD $13.10 Third

JT $15.60 First

SM $14.40 Second

JT, SM, VD

Therefore the product will be rank from the highest to the lowest which is JT, SM, VD

5 0
3 years ago
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