Answer:
Matching the correct global market entry strategy with:
1. Moodmatcher lipstick = b. Direct Exporting
2. Boeing = b. Direct Exporting
3. Yoplait = d. Franchising
4. McDonald's = d. Franchising
Explanation:
a) Global market entry strategies;
a. Indirect Exporting
b. Direct Exporting
c. Licensing
d. Franchising
e. Joint Venture
f. Direct Investment
Most of the globalized entities enter the global market space through direct exports to consumer countries. Some others engage in licensing and franchising, joint venture and indirect exports of their products and services to non-domestic countries. Huge revenues are earned through global trades. Some companies like MTN headquartered in South Africa earn more revenue in foreign markets than in their domestic markets.
Answer:
If property rights are not well enforced, all of the following are likely to occur except;_________
A. a significant number of people will be willing to risk their funds by investing them in local businesses.
Explanation:
Other options are likely to occur, except option A. Investors cannot risk their capital investing in the local economy. This is the fate of an economy where property rights are not protected. This also underlines the need for each government to ensure that property rights are recognized and legally protected.
Answer:
New Credit Corporation.
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.
Also, mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
In this scenario, Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda's Bagel Café in exchange for her payment of a debt that Lyle owes to New Credit Corporation. Under this contract, the intended beneficiary is New Credit Corporation as agreed upon by Lyle and Miranda.
An intended beneficiary can be defined as a third-party deemed to be the recipient of an action with respect to the execution of a contract.
Answer:
$700 (not given in the options)
Explanation:
When the policy is purchased with a payment made in advance, the entries recorded are
Debit prepaid insurance $8,400
Credit Cash account $8,400
After the first month, the expense incurred is
= 1/12 × $8,400
= $700
Entries then required
Debit Insurance expense $700
Credit Prepaid Insurance $700
Answer:
C. strictly liable for Will's injuries
Explanation:
In law, Strict liability is a situation when defendant is required to be responsible to a certain situation, but can't be considered as guilty to any violation.
There are two points that need to be highlighted from the case above:
1. Astor Manufacturing process has fulfilled all of its safety regulation for storing the dangerous product.
2. The dangerous product owned by Astor Manufacturing caused William's injury.
The regulations for hazard management is created by the government, and the leak is not caused by their negligence. It's caused by unexpected natural disaster. This is why we can't say that Astor is guilty to any violation.
But still, the chemical that they created injured William. The court will most likely force Astor to be responsible for all the medical expenses incurred by william.
