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MrMuchimi
3 years ago
11

The advantages of using a licensing strategy to participate in foreign markets include.

Business
1 answer:
PtichkaEL [24]3 years ago
6 0

Answer:

The advantages of using license strategy are given below.

  • Well suited to acheive scale of economies.
  • Its helps in charging lower price than rivals.
  • Helps to achieve first-mover advantages quickly and easily.
  • Less risky strategy as you do not need to invest heavily in capital in the form of machinery, land , building and e.t.c
  • Easy do terminate operations as dis-investment is easy in this case.

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In calculating the daily balance, cash advances are
Marizza181 [45]
A. Sometimes adding in.
8 0
3 years ago
Read 2 more answers
A company reported net income of $290,000. Beginning balances in Accounts Receivable and Accounts Payable were $18,000 and $21,0
NikAS [45]

Answer:

$310,500

Explanation:

The first step is to calculste the increase in account payable

= ending amount-beginning balance

= $29,000-$11,500

= $17,500

Decrease in account receivable

= $21,000-$18,000

= $3,000

Therefore the cash flow can be calculated as follows

= $290,000 + $17,500 + $3000

= $310,500

8 0
3 years ago
If a family spends its entire budget in a given time frame, the family can afford either 80 cans of beans or 35 frozen pizzas. A
Fofino [41]

Answer:

7/16

Explanation:

Opportunity cost is the cost of the alternative forgone. It is also called the real cost. It is a concept in economics developed due to the fact that wants are unlimited but the resources available to meet the wants are limited. Hence a scale of preference would be drawn up for the wants in order of importance.

If the family can afford either 80 cans of beans or 35 frozen pizzas, the cost of a can of beans in terms of frozen pizza is 35/80 frozen pizza while the cost of a unit of frozen pizza in terms of beans is 80/35.

As such, the opportunity cost of one can of beans in terms of frozen pizza is 35/80 which is 7/16 in the lowest term

6 0
3 years ago
Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey
Westkost [7]

Answer:

$2,466,000

Explanation:

Given that,

Cash Received = $1,600,000

Mortgage assume by purchaser = $950,000

Broker's commission = $75,000

points paid by seller = $9,000

Peyton's amount realized:

= Cash Received + Mortgage assume by purchaser - broker's commission - points paid by seller

= $1,600,000 + $950,000 - $75,000 - $9,000

= $2,466,000

Therefore, the amount realized by Peyton is $2,466,000.

4 0
3 years ago
Which option is best described as a complementary good for computer hard drives?
Nutka1998 [239]

Answer: Computer monitor

Explanation:

A complementary good is a good that's used together with another good. A good example of a complementary good is a car and petrol since they are used together.

A complementary good for computer hard drives would be the computer monitor. The monitor simply looks like a television and it helps in showing the information which is being displayed.

8 0
3 years ago
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