Answer would be .24, according to my "calculations"
Wholly owned subsidiary arrangements are preferred by firms which pursue global standardization or transnational strategies.
This arrangement gives a firm an advantage since it is able to use profits from one market to improve its position in another competitive market.
Another few advantages of wholly owned subsidiary arrangements are tax benefits, limited liability, promotes diversification.
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In porter's generic competitive strategies, <u>focus strategy </u>and <u>overall cost</u> <u>leadership </u>strategy combines a focus on a total market scope and a competitive cost advantage respectively.
<h3>What is focus strategy?</h3>
A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.
While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.
There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.
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Answer:
Joint ownership
Explanation:
A sort of ownership of real or Personal Property by at least two people in which each claims a unified enthusiasm for the entirety.
he people, who are called joint occupants, share equivalent responsibility for property and have the equivalent, unified right to keep or discard the property.
Example :
Two colleagues may together claim a business property. In the event that two people own any organization and one of them was died then the entire of the complex has a place with the co-proprietor, and not the decedent's beneficiaries.
