Starbucks doesn't franchise.
Explanation:
Starbucks doesn't franchise because they want to run their own stores and can control the quality and profits.
In addiction, franchising is a way for companies to expand fast with less money. Starbucks is relying on their name to continue its success and growth. According to Starbuck's investor report , "Seattle's best coffee brand does offer franchise opportunities to qualified and select applicants , using a predefined set of criteria and focusing on multi-unit franchisees with a proven track record of success."
Starbucks pursues join ventures. Starbucks can be found in several grocery stores and retail stores. Starbucks has the name tights but it is using the location of these venues to promote the product and introduce new customers in the Starbuck's pool.
Answer:
C. This firm is one of a handful of cement manufacturers in a small country. There are barriers to entry due to the necessity of controlling specific resources to make cement.
Explanation:
An oligopoly is defined as a market situation where a few businesses exist in a given market, with none of them having ability to keep others from having significant influence.
A monopoly is when only one supplier exists in a market, a duopoly is when there are 2 suppliers, while an oligopoly is when number of supplier is more than 2.
But the number must be small enough that the actions by one firm significantly affects others.
When a firm is one of a handful of cement manufacturers in a small country, and there are barriers to entry due to the necessity of controlling specific resources to make cement. It is an oligopoly
I would say bond. Bob would most likely going to buy bonds. Bonds are known to be very safe however it has low return.
Answer:
Explanation:
In order to solve such problems the managers analyze the financial transactions in their systems. They first obtain the transaction number that the client received upon making the purchase. Then they find this transaction number in their system and analyze the numbers. If the transaction was a mistake or had an error they can reverse the transaction which would return the money to the client and move that transaction off of the confirmed transactions in the system.
Answer:
a)
economic order quantity (EOQ) = √(2SD/H)
- S = order cost = 65
- D = annual demand = 14,000
- H = holding cost = 3.75
EOQ = √[2 x 65 x 14,000) / 3.75] = 696.66 ≈ 697 units
b)
if demand increases to 28,000, then:
EOQ = √[2 x 65 x 28,000) / 3.75] = 985.22 ≈ 985 units
