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Triss [41]
3 years ago
6

As a component of real estate value, the principle of substitution states that

Business
1 answer:
k0ka [10]3 years ago
3 0

Answer:

a. If two similar properties are for sale, a buyer will purchase the cheaper of the two.

Explanation:

The principle of substitution justifies the idea that the maximum value of a property will be set by the selling price of an equally valuable and desirable substitute property. In this case of property sale, if an area has two similar houses and one is being sold for $912,000 and the other is priced at $105,000, buyers will most likely go for the cheaper one. There is no reason to pay more money if they will be getting a similar property at low cost.

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Purshed discounts based on total purches over a period of time are what discounts
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Answer:

Purchase discounts is a contra revenue account. Revenue accounts carry a natural credit balance; purchase discounts has a debit balance as a contra account. On the income statement, purchase discounts goes just below the sales revenue account.

8 0
3 years ago
Four finalists have been selected for a job as a travel agent. Which candidate will most likely get the job?
Svetllana [295]

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a

Explanation:

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Do you consider it morally and ethical wrong to pay bribes through an agent entering an international market faster, receiving n
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What is the purpose of the color coded tape located at the front entrance of
irina1246 [14]

Answer:

D. None of the above

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8 0
3 years ago
3. There a number of market entry strategies that businesses use in entering into markets outside their countries. a) Distinguis
sattari [20]

Answer:

a) Distinguish between the use of Franchising and Joint Venture as modes of entry into other countries by global businesses.

Franchising consists in the licensing of aspects of production and intellectual property to a another party: the franchise.

A Joint Venture is a business union between two or more parties, in which they split profit as well as costs and responsabilities.

b) What are the respective advantages and disadvantages of both strategies?

Franchising can be a quicker way to expand into foreign markets. The flexibility of the method, and the lower capital requirements are the reason why. This can be seen in the success that American fast-food brands have had using this method to expand in global markets.

A Joint-Venture can be more difficult to use for market expansion, however, it can be more profitable, because the profit will not be split among as many parties as in franchising, and more importantly, the firm maintains a higher control of the operation.

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