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puteri [66]
2 years ago
6

Virtue Products Inc., a large conglomerate, procures a few component parts from external suppliers and also manufactures some of

the key raw materials in its own subsidiaries. This apart, the company does not solely depend on outside distributors to reach its customers. In fact, it has its own retail stores to distribute its products. In this scenario, which of the following alternatives to vertical integration is Virtue Products applying?A) Horizontal integrationB) Concentric integrationC) Taper integrationD) Conglomerate integration
Business
1 answer:
Anton [14]2 years ago
3 0

Answer:

C) Taper integration

Explanation:

Taper integration refers to a combination of vertical integration and market exchange. In this case the company is vertically integrating both its upstream and downstream operations.

Upstream operations refers to suppliers, and the company is producing some of the supplies that it needs.

Downstream operations refers to distribution channels, and the company is selling its products directly to final customers.

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Grengens, a European chocolate manufacturer, received several complaints from customers about the quality of its product when it
Kay [80]

Answer:

Letter E is correct. <u>Product disapprobation.</u>

Explanation:

In this matter, we can say that the factor that probably dictated the adaptation of Greengens products in this scenario was the product's disapproval.

This failure of the chocolate company Greengens was due to some management error and analysis of the market in question. When entering an international market, the company must analyze a series of important variables for the product to be accepted by the local public, no matter how standardized the product is, there are some local characteristics that should not be disregarded, such as local values, culture , needs, tastes, etc., which means that an adaptation of a product or service is necessary for it to be actually accepted and consumed in a given country.

4 0
3 years ago
______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. Th
11111nata11111 [884]

Answer:

The correct answer is d. Values

Explanation:

values are sort of like the roots of our beliefs that are so deeply embedded in our mindset they almost influence and indirectly governs all aspects of our being. The values are deeply held, can be personal and acts as the foundation for morals, thoughts, ideas, innovations, etc...

7 0
3 years ago
Four brokerage firms operate in the same small city as Jackson’s firm. All the firms charge approximately the same listing commi
miskamm [114]

Answer:

<em>Yes, this is antitrust violation. Because, the tend to restrain trade in that small city thereby denying other small player brokerage firms from making a living due to their monopolistic actions among themselves.</em>

Explanation:

Antitrust laws are designed in-order to prohibit a number of business practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers that are likely to cut back the competitive fervor of certain markets, and predatory acts designed to gain or hold on to monopoly power.

<em>Violations of such laws attract sanctions and punishment from the regulatory body in-charge of protecting such.</em>

8 0
3 years ago
What is price discrimination and how do movie theaters and restaurants practice price discrimination?​
marishachu [46]
Price discrimination is the action of selling the same product at different prices to different buyers, in order to maximize sales and profits. Movie theaters practice it by giving discounts on certain night. Example: senior citizens discount. Restaurants practice price discrimination by menu pricing.
7 0
3 years ago
Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided to a customer. The credit ca
zimovet [89]

Answer:

Account receivable balance = $1,100 - ($1,100* 5%)

Account receivable balance =$1,100 - $55

Account receivable balance = $1,045

Date    Account Title        Debit       Credit

           Cash Account      $1,045

                 To Accounts receivable  $1,045

7 0
3 years ago
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