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MaRussiya [10]
3 years ago
13

Leonards, a leading French garment manufacturing company, is looking for ways to go global. Penny, a designer from California, w

ishes to open a fashion boutique in the neighborhood, and gain production expertise and name without having to invest significantly. She learns about Leonards' global expansion plans, and buys the right to use its manufacturing process for a royalty fee. This allows it to gain entry into a foreign market at little risk. Leonards has used the ________ method of entering a foreign market.
Business
1 answer:
kolbaska11 [484]3 years ago
4 0

Answer:

licensing

Explanation:

A licensing agreement between Leonards and Penny will enable Penny to use Leonards' proprietary assets for a defined time period. In exchange Penny must pay royalty fees to Leonards. The license will allow Penny to manufacture and sell Leonards' products in California (or the whole US). This licensing agreement will save money and resources to both Loenards and Penny.

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Three important forms of financing long-term (capital) expenditures are:
Sergeeva-Olga [200]

Answer:

O d. term loans, mortgage loans, and bonds

Explanation:

Term loans are credit facilities where the lender and borrower agree on the loan amount and a repayment schedule. It involves a large sum of money to be repaid over a long period making it ideal for acquiring capital.

Mortgage loans are long term debts used to finance the purchase of properties. It is ideal for expensive capital due to the lengthy time it takes to repay.

Bonds are long-term debt securities issued by corporations to finance long term projects.

4 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,800 of dir
-Dominant- [34]

Answer:

$11,700

Explanation:

The computation of the balance in the work in process at the end of the month is shown below:

= Direct material cost + direct labor cost + manufacturing overhead cost percentage of direct labor cost

= $1,800 + $3,300 + $3,300 × 200%

= $1,800 + $3,300 + $6,600

= $11,700

We simply added the direct material cost, direct labor cost and the manufacturing overhead cost so that the ending balance could arrive

5 0
3 years ago
Sharon is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: I
Maurinko [17]

Answer:

The basic principle is known as the opportunity cost

Explanation:

The opportunity cost is defined as something that you are not earning because you don't do a revenue activity.

In this case, Sharon doesn't receive $9 per each hour that she prefers to go to the swimming pool. Also, she is expending $4 additional to the opportunity cost each time that she goes to swim.

<em>For example, if she goes to swim 2 hours a day instead of work them, we can conclude that she isn't earning $18 and lossing $4 additional for the fee entrance to the swimming pool.     </em>

<em />

Please, note that, are different the concepts of "let of earning" and "lossing". First one talks about money that you never have had and the second is about money that you had but now you don't.

6 0
3 years ago
1. Graphically illustrate and explain the effects of an increase in the rate of technological progress on the Solow growth model
ch4aika [34]

Answer:

Explanation:

The Solow Growth Model is a short run growth model of economic growth which shows or illustrates the changes in the level of output in an economy over time, as a result of changes in

- savings rate

- population growth rate

- rate of technological progress.

The diagram attached explains the model.

In the short run, increase in technology will increase the output per worker (looking from the microeconomic perspective) and the aggregate output (looking from the macro perspective) in the economy.

This increase in output is later stabilized in the long run.

6 0
3 years ago
The petty cash fund is a a.special equity fund. b.special expense fund. c.special cash fund. d.special revenue fund.
solmaris [256]

Answer:

c.special cash fund

Explanation:

The petty cash fund is a special cash fund in which the small amount of the cash kept on hand for paying out the minor expenses like office supplies, etc

So as per the given situation, the petty cash fund is the special cash fund

Therefore the option c is correct

And, the rest of the options are incorrect

6 0
3 years ago
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