Answer:
- The core competence of a firm’s competitive advantage is based on control over proprietary technological and innovation know-how, licensing and joint venture arrangements should be avoided when necessary so as to avoid and minimize the risk of losing control over that technology. For firms with a competitive advantage based on management effectiveness, the risk of losing control over the management skills to franchisees or joint venture partners is not that welcomed or encouraged. However, many service firms favor a combination of franchising and subsidiaries to control the franchises within particular countries or regions. The subsidiaries may be wholly owned or joint ventures, but most service firms have believed that joint ventures with local partners works best for controlling subsidiaries.
Answer: False
The ICS which stands for Incident Command System is the standard procedure to be applied to all types of incidents. These incidents range from small emergencies up to the large and complicated situations or events. Some of the incidents that ICS can tackle are medical emergencies, both natural and unnatural disasters, terrorist attacks, chemical spills, traffic incidents, and so on.
Answer:
U.S. dollar-Canadian dollar exchange rate is $1.5961
Explanation:
given data
1 U.S. dollar = 1.60 Canadian dollars
annualized return = 6%
annualized return = 6.5%
time = 180 day
to find out
what is the U.S. dollar-Canadian dollar exchange rate
solution
we know that 1 U.S. dollar equal to 1.60 Canadian dollars
and
exchange rate for 180 days is
exchange rate = Canadian dollar ×( 1 + canadian interest rate ) / ( 1+ US interest rate) .....................1
put here all these value
exchange rate = Canadian dollar ×( 1 + canadian interest rate ) / ( 1+ US interest rate)
exchange rate = 1.60 ×( 1 + 0.03 ) / ( 1+ 0.0325)
exchange rate = 1.5961
U.S. dollar-Canadian dollar exchange rate is $1.5961
Mercedes implemented a <u>downward line stretch</u>.
Downward stretching happens when a new product is added to an already hooked-up line of products. Frequently the brand new product is launched at a lower rate point than its peers within the identical brand.
Downward stretching occurs whilst a business enterprise is already providing medium and top-class level merchandise within the marketplace. The agency has got an excessive level of consumption of the decreased degree product and the emblem would not want to lose its marketplace.
Line stretching is an expanding method by an enterprise in which the new products are launched inside the identical product line but past the contemporary product variety with some extra or one-of-a-kind features. Line stretching may be accomplished down market, upmarket, or both approaches.
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