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irakobra [83]
3 years ago
14

Apple Inc.'s decision to acquire Beats Electronics and Beats Music in 2014 for $3 billion rather than enter into a joint venture

with that company was an attractive strategy option for entering a promising new industry in headphones and streaming music services because it
A. was an effective way to hurdle entry barriers, was quicker than trying to launch a brand-new start-up or joint venture operation, and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.
B. offered Apple Inc. the prospect of gaining an immediate competitive advantage in the new industry and thus helps ensure that the diversification move could pass the competitive advantage test for building shareholder value.
C. was less expensive for Apple Inc. than launching a new start-up operation, thus passing the cost-of-entry test.
D. was more likely to result in Apple Inc.'s passing the shareholder value test, the profitability test, and the better-off test.
E. would have entailed divulging sources of competitive advantage such as trade secrets, confidential financial information, and proprietary processes that Apple is unwilling or unable to share.
Business
1 answer:
Neko [114]3 years ago
5 0

Answer:

A. was an effective way to hurdle entry barriers, was quicker than trying to launch a brand-new start-up or joint venture operation, and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.

Explanation:

1. Was an effective way to hurdle entry barriers

There are some entry barriers that need to be crossed before entering some industry like electronic new industry in headphones and streaming music services. For example, already existing firms might patent or copyright for their intellectual property which may require Apple Inc. to its own technology or wait for some years before entering.

2. Was quicker than trying to launch a brand-new start-up or joint venture operation.

Just like one above, acquiring Beats Electronics and Beats Music in 2014 by Apple Inc. saved it from all hurdles from entry barriers or having wait for some to sort bureaucracies  of launching a brand-new start-up or joint venture operation.

3. and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.

Since the entry barriers had already being crossed and the bureaucracies  of launching a brand-new start-up or joint venture operation have been avoided by acquiring Beats Electronics and Beats Music, this gave Apple Inc. to move directly to the task of building a strong position in the target industry without any further delay.

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7 0
3 years ago
which professionals do interest groups hire to represent them? responses lobbyists lobbyists economists economists journalists j
goldenfox [79]

Option (a) is the best choice. Interest groups pay lobbyists to serve as their representatives.

<h3>What does interest group lobbying entail?</h3>

The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.

<h3>Why would a lobbyist be employed by an interest group?</h3>

Lobbyists are employed by interest groups to sway elected authorities. Access to public figures in all areas of government is sought after by lobbyists. By informing government officials about the interests of their group and engaging in grassroots lobbying, lobbyists attempt to sway policy. Many lobbyists have prior public service experience.

Learn more about Lobbyists: brainly.com/question/509906

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7 0
1 year ago
The Fabricating Department started the current month with a beginning Work in Process inventory of $11,100. During the month, it
MaRussiya [10]

Answer:

a.$16,370.

Explanation:

beginning WIP cost:      11,100

cost added during the period

materials                       77,100

direct labor                  25,100

overhead 70% of DL = 17,570

total added                  119,770

Total cost to be accounted for: 130,870

Cost assignned to

transferred out       114,500

ending WIP               16.370‬

Total cost assigned to 130,870

As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP

8 0
3 years ago
You purchased GARP stock one year ago at a price of $67.67 per share. Today, you sold your stock and earned a total return of 18
Svetlanka [38]

Answer:

14.48%

Explanation:

The capital gains yield on the investment is increase in share price divided by the initial price paid to acquire the share a year ago.

The total return formula can be used to figure the price the stock was when sold as below:

total return =P1-Po+D/Po

P1 is the current price which is unknown

Po is the initial price of $67.67

total return is 18.79%

D is the dividend of $2.92

0.1879=P1-67.67+2.92/67.67

0.1879*67.67=P1-64.75

12.72=P1-64.75

P1=12.72+64.75

P1=77.47

Capital gains yield=(77.47 -67.67)/67.67=14.48%

7 0
3 years ago
A Company had beginning retained earnings of $190,000, net income of $52,000, and
olga_2 [115]

Answer:

$190,000

Explanation:

Retained earnings are the profits not distributed to shareholders as dividends. In a given period, retained earnings will be the difference between profits and dividends.

I.e., retained earning = profits - dividends.

Therefore, Ending retained earning can be calculated as

Beginning retained earning + profits - dividends.

In this case

retained earnings = $190,000 + $52,000 - $52,000

=$242,000 - $52,000

=$190,000

3 0
3 years ago
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