All categories

2 years ago

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

Business

1 answer:

PtichkaEL [24]2 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.

You might be interested in

What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?

hjlf

Answer:

Option 1 - the opportunity cost of leisure decreases as wages decrease.

Explanation:

The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.

The opposite of this is true as seen in option 1 of the question.

Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.

6 0

2 years ago

An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. If the required return is

Reika [66]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. The required return is 5 percent.

A) FV= {A*[(1+i)^n-1]}/i

FV= {6600*[(1.05^10)-1]}/0.05= $83,014.09

PV= FV/(1+i)^n= 83,014.09/1.05^10= $50,063.39

B) n=35

FV= {6600*[(1.05^35)-1]}/0.05= $596,114.03

PV= 596,114.03/1.05^35= $108,069.69

C) n=65

FV= {6600*[(1.05^65)-1]}/0.05= $3,014,866.87

PV= 3,014,866.87/ 1.05^65= $126,463.06

D) PV= 6600/0.05= $132,000

3 0

2 years ago

The following are the unit costs of making and selling an item at a volume of 30,000 units per month, which represents the compa

nadezda [96]

Answer:

$7.90 per unit

Explanation:

The computation of the minimum price on these defective units is shown below:

It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit

oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not

Therefore the second option is correct

5 0

2 years ago

Trisha makes purses out of old blue jeans and sells them to customers at local craft fairs. what type of marketing channel does

Anettt [7]

Answer:

Direct.

Explanation:

No intermediaries are used to provide goods and services to customers . Typically seller is the manufacturer or an individual.

5 0

2 years ago

Which of the following does NOT hinder development for less-developed countries

boyakko [2]

What are the options?

4 0

2 years ago

Read 2 more answers