<span>This is an example of a Trade Sales Promotion situation. Many companies do this type of thing with techniques such as discounts, coupons, contests and commissions as part of the deals. Also used in these promotions are trade allowances, displays, push money and training programs.</span>
Answer:
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Glucometer company's Total cost can be calculated as $3000 + $500*4 = $5000
Also we can find the customers served in four years of visit = 80*300*4 = 96,000 customers
Also, by estimating that each customer pays $1 for utilizing the machine, the hospitals can make an estimated revenue of $96000.
=> Anything below the range of $96,000 will be an advantage for the hospitals and anything to the rise of $5,000 will be an advantage for the Glucometer Company.
Thus the price of these machines should be decided between the ranges to collate on the revenue goals of the Glucometer Organization.
If japanese autos surge in popularity in the united states, then this event is most likely to cause the japanese yen to appreciate and the U.S dollar to depreciate.
<h3>What are the automotive industries in the Japan?</h3>
The automotive industry in Japan is considered as one of the most prominent and largest industries in the world. It is a major pillar of the country's economy.
Some of the major Japanese automotive manufacturers include Toyota, Nissan, Mazda, Subaru, Mitsubishi, Honda, Suzuki, Isuzu, Daihatsu, and Mitsuoka.
Basically, the automotive sector in Japan is the third-largest automotive producing industry in the world.
Learn more about automotive industries in Japan here:
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Answer:
B) an agency relationship.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
In this scenario, Consolidated (principal) empowers Doha Ltd., an Egyptian firm to enter into contracts in certain countries on behalf of Consolidated. Thus, this is an agency relationship.
An agency relationship can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
Basically, Consolidated is the principal based on the agency relationship while Doha Ltd. is considered to be an agent and as such is authorized or empowered to enter into contracts in certain countries on behalf of Consolidated.