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MArishka [77]
3 years ago
9

Cad Cream Inc, an ice cream company, has collaborated with Bite Snack Inc, a food manufacturing company, to come up with a third

company, Cream Bite Inc This new company manufactures energy bars with a variety of flavors. In this context, Cream Bite Inc is a _____
A) joint venture

B) global new venture

C) multinational franchise

D) wholly owned affiliate
Business
2 answers:
tangare [24]3 years ago
5 0

Answer:

A) Joint Venture

Explanation:

Based on the scenario being described within the question it can be said that in this context, Cream Bite Inc. is a Joint Venture. This is a business term that refers to an arrangement between two parties in which both combine their resources in order to meet an agreed upon goal in a more efficient manner and in a much smaller time-frame than if they were to do it separately.

rjkz [21]3 years ago
5 0

Answer: Joint venture

Explanation:

A joint venture (JV) is a business arrangement whereby two or more businesses or organizations agree to pool their resources together for the purpose of accomplishing and achieving a specific goal. The task to be achieved can either be a business activity or a new project.

The benefits of a joint venture are shared investment because each firm contributes a certain amount of capital. Joint venture can also lead to new market penetration, revenue streams and enhances credibility.

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2 years ago
Rather than acquire an existing textile manufacturer in Jakarta, FauxFabric Inc. chose to establish new operations in Indonesia.
Arisa [49]

Answer: (A) Greenfield investment

Explanation:

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7 0
2 years ago
Break-Even for a Service Firm Jonah Graham owns and operates The Green Thumb Company (GTC), which provides live plants and flowe
kenny6666 [7]

Answer:

The company should provide, in average, 90 jobs per month in order to break even.

Explanation:

We will assume that the variable costs are proportional to the quantity and thus VC=a*Q

the profit obtained is

profit = P*Q  , (Price [$/job] * Jobs sold [jobs])

and the total costs are

total costs= FC+VC = FC + a*Q , FC=fixed costs

in order to break even the quantity sold should be enough to cover all costs, therefore

profit = total costs

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Q= FC/(P-a) = $3240 / ($60/job - $24/job) = 90 jobs

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